My objective is to learn the skill of flawless execution of my trading plan
Renko channel + Fast EMA = simple and profitable 788 replies
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EMA crossover (ema 14 & 34) 4 replies
DislikedHi Vidvad…….thank for your continuation of Rockys thread. Your dedication and commitment to your rules is inspiring. Feel the addition of 34 ema is a great addition to help avoid poor entries. I really like your addition of strategic pivots and your gameplan of strategically building position size. Enjoy your vacation with the familyIgnored
DislikedShort sell would be at the close of the candle noted in the chart: {image} Entry would be at or around 1.0911 and the profit target would be 1.08985. Stop loss 13 ticks, so this would be not quite the $2.08 reward to $1 rick. Adjustments must be made for the market.Ignored
DislikedVidvad! Why exactly are you using 34EMA and 8EMA? I often see 10, 16, 20, 24, 5, 100, 200. Or does it suit your goals by the method of selection according to the schedule? I really like the graphics and informativeness of your method.Ignored
Disliked{quote} 8 ema's are the original rocky ema's from @rockypoint's thread linked in the first post of this thread. A long, long .... very long time ago, I was working with the 34 ema bands as used by Rahgee Horner., who happens to be a commercial member of FF. She has a thread here: Raghee Horner's 34EMA Wave & GRaB Candles | Forex Factory I think I actually first learned of it from a thread here at FF call Sonic R System which I remeber being very popular...Ignored
DislikedGood trading day, stayed out of Eur/Usd, but had nice wins with Cad, Aud, Gbp and Nzd.Ignored
Disliked{quote} I'm the least original trader in the world. Everything on my chart came from or was adapted from someone else. "To steal an idea from one person is plagiarism. To steal from many is research." - attributed to many and I'm not sure who said it first. But I promise that it wasn't me.Ignored