Thread: Fibonacci_Ema
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Old 09-27-2008, 12:50 PM
badruf badruf is offline
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A simple free trading strategy

i want to share one of my trading strategy with the house as a way of saying i want everybody to succeed in this forex program. am not a forex expert, but i want some persons to use this method of trading as a way of either improving their trading method or get a new method of trading.
here are the parameters
EMA with a period of 55 apply to low. color red
EMA with a period of 55 apply to high color white
EMA with a period of 10 apply to close color yellow
u could use any colour of ur choice
TRADING RULES
enter BUY when the 10EMA crosses the WHITE 55EMA upward
enter SELL when the 10EMA crosses the RED 55EMA downward
DO NOT TRADE WHEN THE 10EMA IS BETWEEN THE CHANNEL
HOW TO EXIT
USE PARABOLIC SAR TO EXIT A TRADE. when it is forming in a counter direction
NB; no system is 100% perfect but combination of 2 to 3 system could perfect a signals.

Last edited by newdigital; 09-27-2008 at 02:12 PM.
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