F-Forex, Diary of a quant forex trader

55 EMA crossing 200 EMA

We had some decent results with the last version of the expert, 21 – 200 EMA cross with 20 pips of SL and 30 of TP, 15 min chart. there is another important cross that happens a little later and i think it can be important.

In the image below the EA is getting in the market to the long side after the 55 ema cross the 200.

Robot Page

As we can see from the historical test it is clear that this edge ended up 7 first months of the year with earnings but a lot less than the  EA5.

in conclusion, the 21 – 200 cross is a better edge than the 55 – 200.

Tags: 200 ema, 55 ema, ema cross, emas cross, strategy tester

21 Ema Crossing 55 Ema

Continue with my research of the odd of the EMA crosses, here i am making a trade when the 21 ema cross the 55 ema in what it can be indicating the end of a short time trend to the upside.

Getting in  short at 9:21 am EST:

1 h later the market looks like in flag formation, the 21 ema is now about to cross the 200 ema, this is another signal to the side of my trade:

Market fails to trade lower at this point, the SL of -30 is hitted:

Tags: 21 ema, 55 ema, ema cross, eur-usd, failed

Ema Cross, 55 crossing 200

11:22  am EST, gettinjg i nthe market long for 55 ema crossing 200 ema:

The pattern fails and the trade ends at -30 pips stop loss.  2:37 pm EST.

Tags: 200 ema, 55 ema, ema cross, eur-usd, fail, failed

Emas Cross trade

during a bottom reversal i have 2 points of entry that can be profitable using my EMAs.
at this point the reversal is totally confirmed, chances of success are high.

first is when the 21 EMA cross the 200 EMA, when that happens i have an entry:

the market reach a 30 pips TP limit:

a new entry is made when the 55 EMA is crossing the 200 EMA:

The trade gets into winner territory but it looks like loosing strenght to reach 30 pips so i am getting out, earning 15 pips for a total of 45 pips between the 2 trades.

Remember this pattern, i will call it EMAs cross and i will soon be studying its real possibilities using a robot.

Tags: 200 ema, 21 ema, 55 ema, ema cross, eur-usd

Trade open to long – bad strategy

Here is a good demonstration of a trade to long, starting in the early US and ending in Tokyo, as a conslusion i have to clean all trades before 5 pm EST when trading the normal US session.

The entry was good, tried to catch relief rally i nthe 55 ema and continue the downside move.

Main problem was that the volume was very little as we are in the “summer wind”, lot of traders are not in the markets.

Anyways, here is the entry:

Had some profits here, didnt toke them:

I had the chance of getting out with a small loss of 10 pips before the tokyo open, the loser trade was a fact.

At the end my SL is hited at japan open, loosing 30 pips.

Rule: If i start trading in the US session as usual, no trade can’t be open after the 5 pm EST.

Tags: 55 ema, eur-usd, relief rally, small loss, strategy, tokyo

55 EMA Pullback

The pullback edge is another one that give good dividends to my trading in general even if they some times fail i am  getting more confident on trading this pattern.

this time pullback is given close to the 55 ema, here is my entry:

The market trades a little lower, making  some traders to get out, i still in as i am seeing it is not going to low.
After that the market rebounds.

As my trade is in positive territory the market consolidates for some time, finally the euro makes another climb hitting my TP line of 30 pips and i am out of the trade.

Tags: 55 ema, confident, edge, eur-usd, pullback

Relief Rally To EMAs

The London – NY overlap, my favorite time of the day for trading.

I see a downtrend for today as an overall direction, in the 15 min charts i see a relief rally to the 200 ema and in the 1h charts i see the rally to the 55 ema. In both i am getting also a reversal, getting in the market.

Market start to trade lowe but i am seeing some support here so i am getting out the trade with profits:

Entry time: 9:26 EST
Exit time: 10:29 EST

Pips earned:  28.50

Tags: 200 ema, 55 ema, ema, eur-usd, relief rally