Ema's 5,13,62 | Forex Factory

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Ema's 5,13,62

  • #1
  • First Post: May 2, 2007 8:03am May 2, 2007 8:03am
Well I have some questions if there is someone in here that could answer them I will be thankful
1- When do I know I shall take that position long or short?
Someone answered if the trends on your chart after you zoom-in start from the top left means going short and if it starts from the bottom left to top right this mean going long I personally don’t agree. Any better answers for that question?
2- if the 5 cross the 13 and the 13 cross the 62 I shall wait 30-40 pips for the 13 to move away from the 62 then enter the position what will happen if I toke that position and a news come out it support me or it will go against my position right ? the question here is should I keep my position few min after the news comes out case the trend will get back where it was or it is best not to trade when a news will come out " of course a news regarding my currency "
3- What is the perfect time scale for such a strategy I use the 1h am I right
4- If I want to set up the RSi at which time scale shall I set it?
5- If the 5 cross the 13 there are lots of pip that I miss while I am waiting for the 13 to cross the 62 why not trade when the 5 cross the 13?
6- When dose this strategy dosen t work except for late Friday and we holiday
Kind regards
Omar
  • #2
  • May 2, 2007 12:07pm May 2, 2007 12:07pm
Actually, this has been answered before on this forum. Look at Rob Bookers threads. Also look in the beginners section. The internet has dozens of links to this system also.

You may want to use the search feature located on the left for faster answers to your questions.

Good Luck
  • #3
  • May 2, 2007 12:12pm May 2, 2007 12:12pm
Quoting WHTenn
Actually, this has been answered before on this forum. Look at Rob Bookers threads. Also look in the beginners section. The internet has dozens of links to this system also.

You may want to use the search feature located on the left for faster answers to your questions.

Good Luck
Just wanted to say that you deserve some kind of award for being one of the most if not the most helpful member here

Every time there's a newbie question there you are

Kind Regards
Steve
  • #4
  • Last Post: May 2, 2007 12:23pm May 2, 2007 12:23pm
Quoting steviet
Just wanted to say that you deserve some kind of award for being one of the most if not the most helpful member here

Every time there's a newbie question there you are

Kind Regards
Steve
Thanks Steve..coming from you, this is a true honor my friend. Your posts are very enlightening and educational. I am always learning from your posts. Please keep up the very much appreciated work.

Wish you many pips!
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