DislikedTrade the GU only using the 4H 5EMA's (high and low)
Check this thread.... and end the rat race of scalping.
Only need to monitor the charts every 4 hrs and adjust
the trade according to the rules as outlined in the thread.
Almost always in a trade either short or long. Close on weekends.
Some are exploring a modified system by trading...Ignored
Just closed my 1.4297 long @ 1.4465 at ~ daily resistance
level 2 for 168 pips before my target of 1.4497.
This 4 H 5EMA system simply asks you to place your brain
on the shelf and let the mechanical system do the work.
I have a hard time with that... eliminating the emotions.
There ya go... I should have left the trade on and I'd be up another
20 pips towards my 200 pip target.
Well, I'm learning this boring emotionless method.
The rules of engagement call for closing trades 5 min before the broker
closes on Fridays. I've got to leave so I ended the trade now.
I'll study more over the weekend.
Check out El Dee's rules review in post 2772 4 Hr and post 2741 Daily.