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