I started a new thread TEB: 20 RSI 20 EMAs 5 and 12
I will say more there I do it a little different then my friend Bagovino
I will say more there I do it a little different then my friend Bagovino
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DislikedGlad to hear my method has been making you money all these years! I've been toying with a new system to scalp the 1 minute S&P 500. Looks very promising so far. Chances are it will work for Forex as well. I'll keep you all posted if all goes well.Ignored
DislikedThere is someone who's still trading profitably this system right now?Ignored
DislikedHi there Bagovino, I love the sound of your trading method... Sorry for asking what you may thing is a stupid question but in my defense, I am a newbie. When you say 5/12 EMA's do you mean "5 is the number of periods & 12 is the width of the Exponential Weighted Moving Average Line"? Please confirm, thanks. Kind regards, vincenzo123Ignored
Disliked{quote} he means a 5 period EMA and a another 12 period EMA. 2 different EMAs on your chartIgnored
Disliked{quote} Hi Bagovino, One more question please, do you have to wait until the next 1H Candle closes after the 5/12 EMA to enter the market? Or do you enter as soon as the cross over takes please? Please advise, Thanks. Regards, Vincenzo123Ignored
DislikedGlad to hear my method has been making you money all these years! I've been toying with a new system to scalp the 1 minute S&P 500. Looks very promising so far. Chances are it will work for Forex as well. I'll keep you all posted if all goes well.Ignored
DislikedGlad to hear my method has been making you money all these years! I've been toying with a new system to scalp the 1 minute S&P 500. Looks very promising so far. Chances are it will work for Forex as well. I'll keep you all posted if all goes well.Ignored
Disliked{quote} to be honest the template outlined in this thread is saved in my templates folder as "bagomoney" = Bag's of moneyIgnored
DislikedHi All, I just wanted to start a thread sharing the most successful Forex trading method to date! I have caused alot of shake ups on other threads due to the domination of my method on their posts so I chose to start my own. Here it goes... It's quite simple. On a 1 Hr chart, plot 5/12 EMA's. Plot RSI set at 21. When the 5/12 crosses up and the 21 RSI crosses above 50 you go long. When the 5/12 crosses down and the 21 RSI goes below 50 you short. This method is proven to be at least 85% accurate! I leave this thread open to any and all improvements....Ignored