Dear Dancers,
Based on the attached AUDUSD chart (both M15 and H1), if you wanted to trade based on CHOROS system rules. What would be your entry + exit points, why?
Yellow - 10EMA, Magenta - 35SMA, Red - 50EMA - same setup on all the charts.
http://farm7.static.flickr.com/6080/...3730e1d7_b.jpg
Based on the attached AUDUSD chart (both M15 and H1), if you wanted to trade based on CHOROS system rules. What would be your entry + exit points, why?
Yellow - 10EMA, Magenta - 35SMA, Red - 50EMA - same setup on all the charts.
http://farm7.static.flickr.com/6080/...3730e1d7_b.jpg
Prefer Price Action Method!