I like this. The pro of this method is it is specific. When it crosses, I long or short. When it crosses again, sell or cover respectively.
I'm using H1 to indicate a long or short. When it crosses, I look at the M15 chart.
If the H1 has crossed upwards, and the M15 has already crossed for a long, then I go long immediately.
If the H1 has crossed upwards, and the M15 just crossed downwards, then I wait till it crosses upwards, then I long.
Vice-versa for shorting. Sounds a bit like computer programming, huh.
So far, it works for me. Just need patience and not anticipate.
Thanks Lawgirl.
I'm using H1 to indicate a long or short. When it crosses, I look at the M15 chart.
If the H1 has crossed upwards, and the M15 has already crossed for a long, then I go long immediately.
If the H1 has crossed upwards, and the M15 just crossed downwards, then I wait till it crosses upwards, then I long.
Vice-versa for shorting. Sounds a bit like computer programming, huh.
So far, it works for me. Just need patience and not anticipate.
Thanks Lawgirl.