Dear friends,

Here is good example of E/J Move during NFP,
Since During USD move-Due to NFP..... E/J is not expected to move much, but market takes chances to push price at level they want.
in chart you can see how E/J touch 5min SMA2400 and quick up. that shows where the buy orders was standing.

Regarding this thread, This thread is not dead, since setup/system is not dead, it is working all time,


Best Regards
Ramdas

Attached Images

eurjpy nfp.gif (18.7 KB, 840 views)

At the moment i have more looses than wins on this system, but i believe that this is working and i see that this is working, because every time i loose - i see my mistake.
70 % of my mistakes is of mental part..

Thomas Edison would like to say:"I am not wrong. I just found 1000 of wrong trades."

he is a master

sandeep

Hi Ramdas,

I have read your thread with great interest, and just wonder if you are still trading this system profitably.
I am having trouble filtering out the bad trades as there are many points where I believe it will bounce off the SMA50 but carries on through it.


Cheers

Dave

Hi davo,

Yes, system is working very well,
After good move, and during consolidation you will find bad trades,

Hi Ramdas,

I was looking into your postings and found that your setup was a simple one rather than having lot of Indicators. I would appreciate if you can provide me with more examples with short and long trades. Another question I have is, what are your stop and take profit levels for each currency pairs.

Thanks
Newzone

Hi Ramdas,

It's been a few months since my last post to you & just wondering how your systems going & if you have made any refinements to your moving average values or perhaps some extra filters to eliminate bad trades.

Thanks

Davo

Hi, Ramdas,

Can you please post the forward tested statements for this strategy.

Regards.

ooooh the reandomness of it all

talk about chaos



Pretty tho...

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