Thursday, December 13, 2007

Method 2

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