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Old 06-30-2006, 09:35 PM
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coyan coyan is offline
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Ema5/ema10 Strategy

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This is my trading system i wouldlike to share with you:

I call it KISS why KISS =simply it is Keep It Simple Stupid.

WHAT DOES ITCONSIST OF:

*5EMA
*10EMA
*Stochastic(10.3.3)
RSI(14)
***DAILY CHART (swing trading)

Rules=

1-Stoploss loss=30 pips
2-ENTER LONG IF=The 5EMA crossess ABOVE the 10 EMA (Stochatisc NOT in overbought territory)
3-RSI is GREATER than 50

4-ENTER SHORT IF=The 5 EMA crosses BELOW the 10EMA(Stochastic NOT in oversold territory)
5-RSI is LESS than 50


***EXIT THE TRADE****

Exit When the 5EMA crosses the 10EMA in the OPPOSITE of your trade OR IF RSI crosses back to 50

GOOD LUCK

(Freemann Strategybuilderfx)
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What happen with eur and gbp charts now?

Coyan

Last edited by coyan; 07-01-2006 at 02:56 PM.