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 - gbp charts now?
Coyan