Fib Ema Trade

Ok everybody.....I am not trading yet.....Im still doing a whole lot of testing, reading, learning to be patient and to follow the rules. Im presently testing the Fib EMA....which by the way looks like an awesome system...According to this system, is there a trade using the DAILY gbp/usd chart?...If so I see a great deal of support at around 1.7800. It is also in a flag, this would probably be a good trade with the break of the flag in the direction of the trend which is to sell.

Again...I am not trading....but I'd like to know if what Im seeing is correct in my learning process.

Thanks Again to ALL
fxbpr1

OOOOKKKKKK....................No replies on my post.....Is this a good thing or a bad thing.........Please I need to know if others agree with what I am looking at.

What is Fib EMA?

Ok maybe thats the problem but here it is:

Simple Fibonacci EMA System - by MuddBuddha

Ah that's a great system, I took some ideas myself from it, but you still need to use discretion - I think, you can't just enter when the MAs cross. The most important thing is to stay with the trend. So yes, it looks like the daily trend is down, so short is the way you would go. But if I were you I would wait till after the FOMC statement of tomorrow.

TRUE.............Thanks........still not trading it though....still testing

Well..............this GBP/USD trade seems to be moving towards 1.7800 which is the next major support......it has already broken the last low of 1.8126. Again can anyone let me know if they see what I am seeing....would this have been a good trade using the http://www.muddbuddha.com/forum/viewtopic.php?t=17 system? Please advise me as to weather I am understanding this.