Trading Systems Forex - Simpler the better-

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Old Oct 5, 2004, 12:22pm   #1
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This is a very simple MA crossover on CMS - use it as a quick guide wnen trading thought it might show Keep it Simple - Live chart 17.15 today USD/CAD - It just shows the opportunities missed daily! by concentrating on the Euro & Cable
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Old Oct 5, 2004, 2:13pm   #2
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Default Re: Trading Systems Forex - Simpler the better-

Yeah right
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Old Oct 5, 2004, 2:50pm   #3
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Default Re: Trading Systems Forex - Simpler the better-

Quote:
Originally Posted by Zenda
This is a very simple MA crossover on CMS - use it as a quick guide wnen trading thought it might show Keep it Simple - Live chart 17.15 today USD/CAD - It just shows the opportunities missed daily! by concentrating on the Euro & Cable
Zenda,

I would have to agree with you, MA's are very simple. I have only been working with MA's a little while but i do not rely on them alone.

Have you tried using them as a sole indicator? if so how did you get on?
is it just a 10min chart it works best with or can you use 5/15/30 etc?

I would be interested to know, i like the idea of keeping things simple, i get the feeling sometime people make things more complicated then they are

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Old Oct 5, 2004, 3:20pm   #4
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Default 10 Min Trading System

Quote:
Originally Posted by Zenda
This is a very simple MA crossover on CMS - use it as a quick guide wnen trading thought it might show Keep it Simple - Live chart 17.15 today USD/CAD - It just shows the opportunities missed daily! by concentrating on the Euro & Cable
Here's your trading system across multiple pairs. Fewer false positives than expected, with the exception of Cable (not the place to be these days). Is ten minute time frame the "sweet spot?"
Setting stop on the tail of the arrow works OK. Note CHF trigger (0200) prior to CAD trigger (0600)
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Old Oct 5, 2004, 3:47pm   #5
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Thumbs up Thanks for proving me correct!

Zenda started this thread
Quote:
Originally Posted by noises49
Here's your trading system across multiple pairs. Fewer false positives than expected, with the exception of Cable (not the place to be these days). Is ten minute time frame the "sweet spot?"
Setting stop on the tail of the arrow works OK. Note CHF trigger (0200) prior to CAD trigger (0600)

I think I have proved my point - well done - The "Yeah Right" comment from Johnny T is a bit cynical since he emailed me trying to sell his 300 quid complex system!

It does work in other time frames - I just found out that the Magic "Secret" numbers to use are 21 & 34 - (these numbers are my world copyright )

For JohnnyT's Sake the following rules need to be applied

BUY -(Go Long) when the Blue arrow is seen - Close on the following signal (I would have to kill you if I told you) - If you want to know what I use - PM me Not £300 either

SELL (Go short) when the Red arrow is seen exit when -(same as above applies)

Or when the line at the bottom changes colour!!

Also tried different timeframes interesting!
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Last edited by Zenda; Oct 5, 2004 at 4:02pm.
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Old Oct 5, 2004, 4:05pm   #6
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Default Re: Trading Systems Forex - Simpler the better-

Would glady pay for a "system" that had a proven record of "long-term" success. The published results I've seen are uniformly dismal. Then, there are the morons who "forecast" the market. It can't be done. These MAX signals are simple, clean, and easy. No need to pay when you can do better on your own, eh?
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Old Oct 5, 2004, 4:14pm   #7
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Default Re: Trading Systems Forex - Simpler the better-

Zenda started this thread
Quote:
Originally Posted by noises49
Would glady pay for a "system" that had a proven record of "long-term" success. The published results I've seen are uniformly dismal. Then, there are the morons who "forecast" the market. It can't be done. These MAX signals are simple, clean, and easy. No need to pay when you can do better on your own, eh?
Totally agree noises49 - There really is nothing difficut this system is available Free (download it from www.learntrading.co.uk ) - the problem comes when newcomers start to "Think"
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Thanks! The post above is recommended by: noises49
Old Oct 5, 2004, 4:15pm   #8
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Default Re: Trading Systems Forex - Simpler the better-

Quote:
Fewer false positives than expected, with the exception of Cable (not the place to be these days).
and what d'ya mean by that comment Mr Sun Tan????

not the place to be indeed.......tut tut, oh ye of little faith!!!
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