3 ema crosses on the 5 min charts
This is a very simple system and it works great
I will be playing with it this week!!
(I am trading TEB2 & the new RSI system TEBRSI)
I like this because it is so simple
I do watch candles as well
Eur/Usd 5 mins
6 emas
show the 5 min trend with
5 ema closed thin blue
6 ema open thin red
show the 30 min trend with
30 ema closed thick blue
36 ema open thick red
show the 2 hour trend with
120 ema closed light blue
144 ema open pink
enter
when all pairs are going the same way
( all blues over their reds up All reds over there blues down)
exit
safe then the 5/6 cross back
less safe then the 30 & 36 cross
or 50 pips
or set target fibb, PP,swing hi/low, 4 hour channel etc
SL
25 pips
TEB
This is a very simple system and it works great
I will be playing with it this week!!
(I am trading TEB2 & the new RSI system TEBRSI)
I like this because it is so simple
I do watch candles as well
Eur/Usd 5 mins
6 emas
show the 5 min trend with
5 ema closed thin blue
6 ema open thin red
show the 30 min trend with
30 ema closed thick blue
36 ema open thick red
show the 2 hour trend with
120 ema closed light blue
144 ema open pink
enter
when all pairs are going the same way
( all blues over their reds up All reds over there blues down)
exit
safe then the 5/6 cross back
less safe then the 30 & 36 cross
or 50 pips
or set target fibb, PP,swing hi/low, 4 hour channel etc
SL
25 pips
TEB