62 sma 5 & 15 min system

62 sma system
My name is jim

I have been trading for a few years.

I trade mostly on the 15 and 5 min. charts some times I drop down to the 1 min charts.

I use only sma 62, and sma 248 on both charts

the 15 min I use to see trend and S and R

the 5 mins for enteries .

does anyone else use system like this

I will add more later





jim

Hi

I've been using a different system involving parabolics and price channel indicators but when I tried using only sma I find it very inaccurate as the price tends to jump to any direction before reaching its target.

Hi Jim,

I assume in this example you are placing entry orders on pullbacks below the 62sma?

What else can you share with us? What is your profitability with this strategy?

Thanks,
Bob