DislikedHi Teb,
I've read the tread and this system has alot of potential. I actually was using a system like this but it used the 89EMA as the line in the sand for the traend. It was just look at the daily and when price crossed the 89 EMA enter. Needless to say the 89EMA was too small of an EMA and I got wipsawed to death just by entering blindly after the cross.
Your combination of the 200EMA, 3 time frames and the 123 set up makes alot of sense to me. I used it yesterday and had a +62 pip trade on the GBP.
Keep posting your comments and charts,...Ignored
I think the 89 might well work
I think the bigger issue might be 3 time frames
cheers
teb