5EMAs Forex System - Opinions

[Peace Lover]

Originally Posted by billbss

I bought the 5EMA system quite a while back and I don't recommend it. It hasn't worked for me.

In fairness, I will say it isn't the absolute trash that most commercial systems are.

If a person wanted to spend time with it, they might be able to use the basic premise to devise a system that works.

How much you want for the 5ema system.

[bossxero]

Just sent u a PM

Originally Posted by Peace Lover

How much you want for the 5ema system.

[nicesurf]

Ema system should be bought ? Incredible....

[buangcla]

Hey guys you should try cornflower hourly system. It uses 4 emas and does pretty well. The good thing is it is 100% for free. No bullshit, no hidden charges.

[bossxero]

Why do u think it should be bought??

Originally Posted by nicesurf

Ema system should be bought ? Incredible....

[Peace Lover]

Originally Posted by buangcla

Hey guys you should try cornflower hourly system. It uses 4 emas and does pretty well. The good thing is it is 100% for free. No bullshit, no hidden charges.

Thanks for the info, can we have a link to the info site. thanks
Peace out

[bossxero]

Finding info about it is overeasy. Just go to Forex Factory and search for cornflower. You will be able to see the thread straightaway. Have a nice day.

Originally Posted by Peace Lover

Thanks for the info, can we have a link to the info site. thanks
Peace out

[k1alid03]

I tested the this system. It does not work especially during release of news.

It is an excellent one for predicting the trend.

[bossxero]

Using this system for predicting the trend is just a big waste because there are more simpler and easier ways of doing it. What about the system performance when it does not coincide with the news?

Originally Posted by k1alid03

I tested the this system. It does not work especially during release of news.

It is an excellent one for predicting the trend.

[k1alid03]

Originally Posted by bossxero

Using this system for predicting the trend is just a big waste because there are more simpler and easier ways of doing it. What about the system performance when it does not coincide with the news?

If it does not coincide with the news it works fine and may give you up to 25 pips. Let us say if the move is 80 pips you just get some of it. This is because you enter after you make sure that the move up or down has been confirmed. The strategy is only to set 20 pips. At the same time if you keep watching the trend all the time then you can decide to stay and take more profit.

Also I would appreciate that you help me to get the best method for predicting the trend if this method is a big waste of time. I am new in the forex market.

Thanks