5EMAs Forex System - Opinions

[bossxero]

Originally Posted by sparky292

I bought the system about 5 months ago, and what I can say about it is this, if you have the abillity to trade 24hours a day and watch the charts then it is a good system and will mack you money, but for me all the best trades took place when I was not by pc. and I took most of the loosing trades.

and as you must use descretion when entering trades you cant just enter blindly.

so if you are a zombie and can be all the time by pc then go and get the system it woll make you money, and it is not the same as the other system.

Hey man

The package comes with EA also... so how u miss the tradeS?

[elektrance]

Hello again,

I couldnt agree more with bossxero, although he doesnt like the system and I do, the EA will give you a earshot when to look at the charts.

However, I dont follow so much that earshot as I customized this system to suit my own trading style and sice I am a full time trader I monitor the charts at least 10 to 12 hours monday to friday. Well, after all, this is a job, like any other job, the differences are:

-You are your own boss
-Usually (if you're good are it) you are better paid than most jobs
-You dont have to deal with boring coworkers and idiot managers
-You are only responsible for yourself
-You manage your own time and vacations

So, since I bought the advanced system, I advise you [sparky292] to take a look at it, because it has method for end-of-the-day traders who want to keep their day jobs. Once again, I believe either you didnt follow the system correctly or probably you didnt buy the advanced module maybe you should give it a try.

Since yesterday I banked 300 pips more using a low risk approach and my last positions were:

Sold eur usd (2007-12-13 at 1400 GMT)
bought usd chf (2007-12-13 at 1300 GMT)
Sold aud usd (2007-12-13 at 1000GMT)
Sold gbp usd ( 2007-12-13 at 1400GMT)
Sold eur chf (2007-12-14 at 1300GMT)
Sold eur jpy ( 2007-12-14 at 1500GMT) - LOSS

So I got 5 wins and 1 loss.

I really love this system, my advice is to look at the advanced module, it comes with a powerful indicator which allows you to enter the trade before the earshot and also it allows false earshot signals to be filtered out.

I also combine the divergence system with the 5 emas so I can see if there is a divergence or convergence which can increase the confirmation depth of the positions which I hypothetically consider opening.

Happy trading.

Elektrance

[bossxero]

Originally Posted by elektrance

Hello again,

I couldnt agree more with bossxero, although he doesnt like the system and I do, the EA will give you a earshot when to look at the charts.

However, I dont follow so much that earshot as I customized this system to suit my own trading style and sice I am a full time trader I monitor the charts at least 10 to 12 hours monday to friday. Well, after all, this is a job, like any other job, the differences are:

[
-You are your own boss
-Usually (if you're good are it) you are better paid than most jobs
-You dont have to deal with boring coworkers and idiot managers
-You are only responsible for yourself
-You manage your own time and vacations
] Thats why we are all here...

So, since I bought the advanced system, I advise you [sparky292] to take a look at it, because it has method for end-of-the-day traders who want to keep their day jobs. Once again, I believe either you didnt follow the system correctly or probably you didnt buy the advanced module maybe you should give it a try.

Since yesterday I banked 300 pips more using a low risk approach and my last positions were:

Sold eur usd (2007-12-13 at 1400 GMT)
bought usd chf (2007-12-13 at 1300 GMT)
Sold aud usd (2007-12-13 at 1000GMT)
Sold gbp usd ( 2007-12-13 at 1400GMT)
Sold eur chf (2007-12-14 at 1300GMT)
Sold eur jpy ( 2007-12-14 at 1500GMT) - LOSS

I HIGHLY ADVISE YOU TO KEEP A JOURNAL HERE, AS YOU ARE FULL TIME TRADER, THIS WONT BE A PROB I GUESS.. COULD HELP A LOT OF PEOPLE DECIDE ON THE SYSTEM

So I got 5 wins and 1 loss.

I really love this system, my advice is to look at the advanced module, it comes with a powerful indicator which allows you to enter the trade before the earshot and also it allows false earshot signals to be filtered out.

I also combine the divergence system with the 5 emas so I can see if there is a divergence or convergence which can increase the confirmation depth of the positions which I hypothetically consider opening.

Happy trading.

Elektrance

If you modified the system.. then you are trading something else and not the 5emas...

[sparky292]

but was alway away from my pc at the wrong times, but thanks for the advice, as I do like the system, I only have the basic system so did not have the advance ea to help em get rid of some bad signals.

than k you

[oilfxpro]

Originally Posted by bossxero

If you modified the system.. then you are trading something else and not the 5emas...

It is his own unique approach and his skills as a trader that he is using,different emas is a part of the total package

oilfxpro

[fxtrendline]

Hi all, in 5 emas ...which ema shows the major trend ?

[oilfxpro]

Originally Posted by fxtrendline

Hi all, in 5 emas ...which ema shows the major trend ?

Don't waste your time on junk!

Multi Ema Cross system - Page 5

See the 96% losers in action

This junk is free

OILFXPRO

[oilfxpro]

More losers on multi emas

[elektrance]

Originally Posted by oilfxpro

Don't waste your time on junk!

Multi Ema Cross system - Page 5

See the 96% losers in action

This junk is free

OILFXPRO

This is not the 5 emas system.

[elektrance]

Well guys, no good trades today, divergence was conflicting all the times with 5 emas... So I risked one trade and I lost because I was greedy and I didnt look to the divergence alert. Hope the rest of the week will be nicer.

Remember greed is expensive.

All the best