Following the big money

Stop is 4.5 pips. 1st part closed as I write at +5 pips.

srmfx I picture your last entry as bellow :

Dear srmfx do you see the correct condition to entery in this figure?

The best entry was the first test of 20EMA after it crossed with 50EMA and headed up. In this case I would enter at any downtick towards EMAs after the first one.

Thanks alot for your attention....
sell EurUsd

first target +5

eurusd STE :

eurusd ste on important level

continue....

another STE on EURUSD :

now is not high liquidity in market but I can see some activity on EURUSD on EMA 200 :

After minutes ....

I've been watching the ticks all day and I think I finally found a PERFECT example.

I've been looking at Behzad charts but the issue there is that there are 1 pip spikes almost every few minutes or so whether on an EMA or not.

Its seems its VERY RARE to get a nice 400-500% larger spike than the average range when price hits an EMA.


The tick chart was from a dukascopy demo using ATR (1). You don't have to record it live to see the spikes like you do in Metatrader.

Perfect.

Initial stop 4.1 pips

Position closed

5 pips loss.

Hi all
Thanks Dear srmfx for your morale and sharing your GOLDs

STE on eurusd after News....


UPDATE :
SL -6pips

sell EURUSD on 20 EMA :



UPDATE:
+6.5pips

Another good example as price was at resistance and close to the EMA.

This might or might of not worked, depends on how big SL.