Random Notes

y..Currently i use GBP/USD Time frame 30min-1hr and it may be used for scalping Indicators 9 SMA on close 100 SMA on close RVI = 100 (relative vigor index) same as Sidus' indicator. (THIS INDICATOR IS NOT NECESSARY I(the author) USE IT FOR MOMENTUM MAINLY) Method LONG - When the 9 crosses above the 100 SMA Buy and it helps if the RVI is above 0 SHORT - When the 9 crosses below the 100 SMA Sell and it helps if the RVI is below 0 (EXIT) Close your position and reverse it when the 9 crosses back or Close the position when the price crosses back over the 9 SMA by 20 pips. Additions You may generally have periods when the price may whipsaw 1 or 2 times in a row, but 80-90% of the time when the 9 crosses the 100 you will catch an awesome move.. I trade only the GBP/JPY on the1 hour (1 to 2 trades a week) Let's get together and run this system to see how it goes. Here is an image of the system in play. I prefer the 1 HOUR CHART. You don't even need the RVI, but i use it to confirm...

with our initial 5 EMA and 10 EMA crossover method we could use additional 20 EMA line and wait until 5 EMA crosses 10 EMA (which is the first signal) and continues through 20 EMA (which would be our confirmation for action). 2:43 PM 7/4/2010 Parameters: - EMA 5, 9, 18, 55 - MACD default - Timeframe 4H, 1D - Currency : Any Buy Signal: - EMA 5 and 9 cross above EMA 18 with 5-day EMA at 10 pips distance from the 18-day EMA - Price action above the 55-day EMA - MACD Signal crosses above the MA Signal of MACD indicator and MACD Histogram above 0 - TP : 90 pips or more - SL : 45 pips with trailing at 45 pips Sell Signal: - EMA 5 and 9 cross below EMA 18 with 5-day EMA at 10 pips distance from the 18-day EMA - Price action below the 55-day EMA - MACD Signal crosses below the MA signal of the MACD indicator and MACD Histogram below 0 - TP : 90 pips or more - SL : 45 pips with trailing at 45 pips if General rules: 1. trade only overbought or oversold markets. 2. do not trade the news (cuz i l...