Concerning Mudbudda's EMA Fibonacci

I am trying the Mudbuddha's EMA system(8,21,55) and using the PAR as confirmation in both the 15 min and I hr charts. However I amconfused a little. Right now the 8 crossed the 55 and the PAR is good. However the PAR initially in the 15 min chart was bearish. It then turned bullish. Do i wait ? when to i decide to enter, since the 15 min charts moves very quickly. Do i just wait for one period change in the 15 min or do i wait for the end of the Hr.

The stop loss is another confusion, right now the 21 EMA is only 5 pips away from the crossover point. Do i still use that as my stop loss?

Or should i not just use the standard 30 pips, pivot point or fib level and so on.

Also can you replace the PAR with the RSI?

You can reach Mudd on his website, he has a forum and a topic dedicated to this system http://www.muddbuddha.com/forum/viewtopic.php?t=17

I got whipsawed today three times!!!

The 21 EMA is too close to the 8 and 55 EMA cross.

The yellow is 8 and the blue is 55. The red is 21.

I waited for the yellow to cross blue and confirmed the PAR in both 1 Hr and 15 min. yet it did not protect me.

Oh well, it was better than losing 30 pips i guess.

Don't lose faith Thebigmo, afterall it nothing but a game of probabilities. Maybe in the remaining of the week you will have 10 consecutive winners .
And remember this system needs to be traded in a trending market.