Disliked{quote} By following TK's rules there haven't been any GU AU trade opportunity today since Frankfurth open. There hasn't been any short as I've been watching these pairs closely and if you took the buy when price broke the 5EMA to the upside the you broke rule number 1 as you went against 200EMA direction. For those following the rules and monitoring AU and GU, I'm waiting for a red HA to close under 5EMA and RSI to start dropping from the oversold areaIgnored
TK5 himself did take long trades below the 200 EMA, please look at his charts in the previous thread.
It all comes to short-time momentum - remember: we only want 5 net pips...