INDICATOR
- 15 Min chart
- 5 EMA / 10 EMA
- RSI (9)
- Stochastic ( 10,3,3)
- MACD (12, 26, 9 )
LONG TRADE if
1. 5 EMA crosses ABOVE 10 EMA
2. RSI > 50
3. Stoch headed UP ( not overbought)
4. MACD must go from NEGATIVE to POSITIVE or NEGATIVE and start to increase.
SHORT TRADE IF
1. 5 EMA must crosses DOWN 10 EMA
2. RSI < 50
3. Stoch headed DOWN
4. MACD - positive and decreasing value.
GOOD LUCK
Wednesday, December 12, 2007
Method 1
Indicator
- 4 hrs chart
- 5 and 10 EMA
- Stochastic (10, 3,3 )
- RSI (9)
Long trade indicator
1. 5 EMA cross ABOVE 10 EMA
2. RSI > 50
3. Stochastic - headed UP but not overbought.
Short trade Indicator
1. 5 EMA crosses DOWN 10 EMA
2. RSI < 50
3. Stochastic - headed DOWN but not oversold.
GOOD LUCK
- 4 hrs chart
- 5 and 10 EMA
- Stochastic (10, 3,3 )
- RSI (9)
Long trade indicator
1. 5 EMA cross ABOVE 10 EMA
2. RSI > 50
3. Stochastic - headed UP but not overbought.
Short trade Indicator
1. 5 EMA crosses DOWN 10 EMA
2. RSI < 50
3. Stochastic - headed DOWN but not oversold.
GOOD LUCK
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