DislikedThe GMT8:05 at my Alpari real Datafeed , is not a Trade!!
The Rules :
EMAs must be heading down and spacing apart on 15m chart for entry.
The EMA's at the M15 Chart cross after 8:00 Candle close. before this Candle close at 8:15 there can change everything , so there was not spacing at GMT 8:05 for a trade.
may You google for the 3ema cross alert indicator, so you have an signal
Other thing for me , if you Trade longer you will be know also of the London Fake breakout, I not go at the first...Ignored
but the emas on the 15m are heading down and spacing apart ? have a look at the chart.
reaM
what you are saying should not matter, i.e. long term trend and correction etc. this method on 5m should be mechanical...