Forex trading strategy #14 (Stochastic + EMAs' cross)

Seems very good strategy to me, However as I am new in Forex Trading I want to know what do you mean by 2 & 4 days Moving Averages? How I put then on candle chart? Thanks

Jaddu

2 EMA = Exponential moving average with period = 2.
4 EMA = Exponential moving average with period = 4.

HELP! I am new to FOREX trading and am trading a demo account using Metatrader. I've been entering the trades using this system only to be stopped out then watching the trade go in my favor. I am trying to figure out where to enter the trade so my stop losses can be reasonable. Any help will be appreciated.

If you've been stopped out to watch a trade going shortly in your favor - your stop loss is set too tight. Try moving it further, at the same time move the profit goal a bit further as well.

Thomas

Find that a lot of whipsaws in EURUSD trades using this strategy recently

great post. for the forex traders using the eur/usd ive traded this strategy with a few minor changes. im using a 6-8 ema cross and my stochasitcs are set the 5-3 that was advised. 15 min chart works great but ive even found success with the 5min charts. im loving this simple strategy.. dont get me wrong ive had some loosers but i cut my losses early as soon as i saw a turn around. happy trading..

bud fox.

dont waste your time in forex. Its not gona make money.

With regard to strategy No. 14 I think you mean to say 'Buy Setup - Stochastic (5,3) should be a b o v e 50 (not below) and

Short Sell Setup - Stochastic (5,3) should be b e l o w 50 (not above)

Please confirm