Trading method #1 (9 EMA Entries)
Submitted by Edward Revy on January 19, 2009 - 05:37.
Think about entries.
When your trading strategy says: enter on the cross of Stochastic lines, on the cross of MACD lines, when RSI comes from oversold/bought zone, when two moving averages cross, when divergence occur etc etc. When exactly do you enter?
Usually you would just visually double check that there is a signal from your indicator and then enter on the close of a signal bar.
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Can we use ADX? Of course. How about this useful application:
http://forex-strategies-revealed.com/advanced/system-selection-technique
Hello
I want to know where to get the formula for 9 EMA i dont seem to have it in my indicators list
Any platform has EMA indicator built in, find it - then adjust the EMA setting period to 9.
I am afraid we only get SMA and not EMA with MT4 as built in indicator... Correct me if I am wrong, thanx.
Hi Edward. Iam new in this .Very interesting the 9 ema up to go long. Someone told me that the profesional trader espect that we enter long above 9 ema , and they go short against us.Is this true.? Thanks. willie
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