DislikedThe low of the setup bar for that short was 1.6351 so you should have been short from 1.6341 if your using 10 pips below and above.
-SterlingIgnored
Regards
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DislikedThe low of the setup bar for that short was 1.6351 so you should have been short from 1.6341 if your using 10 pips below and above.
-SterlingIgnored
DislikedYou right Ronald. The rules state that price has to break the EMA by 5 pips. It can be completely below it with nothing touching the EMA...it just simply has to go threw it by 5 pips. Everyone dont over complicate the rules just take them for face value.
-SterlingIgnored
DislikedI kindda confused... in rule#1, there's this rule:
Price must touch one or the other [not both], if it touches both EMS.....
so I was guessing price should hit one of the EMA right?
I think it's more suitable to say \\"Price must not touch both 5 EMAs, but [as you explained above]....\\" like that.
Thanks for explaining!Ignored
DislikedI kindda confused... in rule#1, there's this rule:
Price must touch one or the other [not both], if it touches both EMS.....
so I was guessing price should hit one of the EMA right?
I think it's more suitable to say \"Price must not touch both 5 EMAs, but [as you explained above]....\" like that.
Thanks for explaining!Ignored
DislikedI dont usually recommend using other pairs with this system but the AUD/USD might be a good short right about now, and heres why. They have an interest rate decision tomorrow where they are expected to cut by .5% and there is a possability for them to suprise. Greed/fear drives every market and after the 150 pip spike down the last time they cut people probably want to be short if anything right before the news tomorrow at 10:30 EST.
Ive been short from .6833 with my stop at .6933 And the carry trades look like there ready to selloff for the temporary and the AUD usually goes the direction of the U/J when it moves hard in one direction.
-SterlingIgnored
DislikedHello, my call name is steadyincome and i have been using EA's for about 6 months now, and i have deen testing the 4HR5EMA for just on 4 days and im rather impressed so far, im using V6, and im thinking that it does need a Traling Stop to lock in profits,I do not understand a lot of what you Guys are talking about but will in time, i visit this forum each day to see what has been added. SIIgnored
DislikedSterling,
I have found the \goldminer\ indicator at one of the other threads on FF.
If you think it will be helpfull, let me know so I can attach it.Ignored