Forex trading strategy #4-a (1-2-3, RSI + MACD)
Submitted by User on March 2, 2009 - 15:57.
Submitted by Lino
Hi Edward
I have spent a considerable time studying your strategies and i would like to share with everyone what i have taken and now apply to my trading.
Any currency pair can be traded
Indicators: 5,10,20 EMAs - RSI - MACD
Time frame: I use 15min charts (I find bigger time frames to slow and bigger stops)
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Hi Edward
Please explain the role of the EMAs 5,10,20 in this strategy
Thanks
Godwin
Hi George,
Thank you for drawing my attention to it.
These days I receive so many questions (which I'm glad about), that I can sometimes barely keep up. But I'm doing my best and I like that traders are inquisitive and active.
I'll be there today to try to clarify the system to my best knowledge and understanding.
Happy trading!
Edward
Edward I know you are busy trying to catch up , but can you go to Raymond's :
Developing a System # 19 and answer questions from Paul , Stewart , Clyde
and Julio. There seems to be some confusion re Raymonds explanation of
his rules .
George
Thank you, I did :)
Switzerland is a lovely place!
I'm coming back next week, and looking forward to see everyone again!
Best regards,
Edward
Thanks again , Edward. Welcome back , and I hope you enjoyed your Swiss
adventure !
Julio
Hi Julio,
Advanced #3 is.
But actually a lot of other strategies can adopt this simple 9 EMA method.
Best regards,
Edward
Edward-
Which of your listed strategies is based on the EMA 9 ?
Julio
Thank you , Edward .
Julio
EMA - Exponential Moving Average indicator can be found on any trading platform. Regiter a demo account with any Forex broker, download their trading platform and you'll find a lot of analytical tools there including 5, 10 and 20 EMAs.
Regards,
Edward
Hi Julio,
For short term trading, it would be a combo of Stoch 5, 3, 3 + 9 EMA + ADX 20.
For long term it is advanced #3.
Regards,
Edward
Where can i get the 5,10,20 EMAs?
Edward
Nice site you have here , Edward .
I always liked Stochastics even tho it lags .
Of all the methods on your site , Basic thru Advanced , which is YOUR personal favorite Stoch. for short term , day trading ??
Julio
Thanks, Paul!
Thomas
Sorry , Thomas. The link is showthread NOT shorthread. Good luck. It's a
doozy ! Concentrate on pages 1 . 2 and 3 though , and enough charts to
get the hang of it . Most of the over 300 pages consists of repetitous
chatting , repeating the same rules for people who just joined .
Paul
The link is dead. Can you check it?
Thank you.
Thomas
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