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Written by Administrator
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Friday, 05 February 2010 08:07 |
Parameters are
Open Daily Chart on GBP / USD
1) Open another 4 hours Chart on GBP / USD
2) use Slow Stochatics (13,5,5), type closed in both charts
3) take the EMA 4, EMA 13, EMA50 in 4 hours chart (EMA is exponential Moving Average) How-enter the market:
Entries in the 4 intersecting with EMA EMA and 50 EMA followed by (you can also start when the EMA stole 4 and 13 intersect, but the risk is if the 4 and 13 EMA is not to be touched EMA 5o then you get ready to stop and take the opposite position of your entry) with the opening of a new candle ... then make a stop loss 50 PIPS
How to exit the market:
At 4 intersect EMA / cuddle with EMA 13:)
to stokhastik only as a complementary and supportive, if the graphics are bulish and then down and EMA 4 and 13 intersect with the EMA50 and then ready to SELL
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Last Updated on Wednesday, 17 February 2010 09:59 |
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