1 TO 2 CROSS OVER

Euro/JPY

Entry 21 Aug buy 161.22
Close 22 Aug 162.70

Nice 148 PIP

Entry level in TF 4 next bar after the Gold Arrow
Gold Arrow shows the cross over of 1 to 2

Always Keep an eye on EMA 5 it should hold the current price

In this chart EMA 5 is gold colour
EMA 1 yellow
EMA 2 Red

Hello harigp,

Thanks for posting your method. What SL do you use?
How long are you trading this method?
Live or demo? I would like to know about the MM you are using.

Thanks

SL 30 PIP But if the pair is very bullish / Bearish I do not give stop loss at all

TP

First 30
Second 50
Third 100

MM

Invest 30 of capital
Time Frame Keep always TF 4
TF 1 You can go for 1 to 5 Cross over, which is equivalent to 1 to 2
Cross over in TF 4 as per my study

I am trading in Live good result in JPY/us$
for the last 2 weeks

Try it out in demo and let me know

Hi Harigp,

thanks for you reply.
Do you wait for the candle to close?
Did you test this on other pairs?

I will run this on my demo.

Thanks

It is better to wait for the candle to close and I also noticed that to wait little more time in the next candle for the price to come down may be 10 pip
further up or down

It is visible that 1 to 2 corssover in the chart before the signal but may be once you notice it

Anothr interesting thing I have looked in to candle patterns

If your are expert in analysing the candle pattern may be you can enter
the trade before the closing of the candle

A good site to study the candle pattern is
www.leavittbrothers.com

Practice in Demo TF 4

Thanks Harigp