Hi everyone, this is my first post, obviously.
I'm very glad to have found Elite Trader because
there are so many knowledgable people here.
Unfortunately in my searches I've noticed
there are many people who are hostile and
immature, but oh well. It seems that wherever
one is in life, those people are involved
on some level.
Anyway, here's my current strategy while
I'm trading on the demo platform on Forex.com:
1) Use EMA 5 and 13 on hourly charts.
2) Buy when 5 crosses 13 from below.
3) Sell when 5 crosses 13 from above.
4) Enter only when the difference between
EMA 5 & 13 is more than a couple of pips.
This strategy is from that book by Alex Krzhechevsky
or however you spell his name. I found it on a p2p
program for free, so I figured I might as well read it.
Does anyone else use a similar strategy?
I'm just starting with it, so I don't have my own
results, but looking back on the charts, it allows
for many profitable trades, but the entry and
exit points leave alot of profit out of the equation.
I'm very glad to have found Elite Trader because
there are so many knowledgable people here.
Unfortunately in my searches I've noticed
there are many people who are hostile and
immature, but oh well. It seems that wherever
one is in life, those people are involved
on some level.
Anyway, here's my current strategy while
I'm trading on the demo platform on Forex.com:
1) Use EMA 5 and 13 on hourly charts.
2) Buy when 5 crosses 13 from below.
3) Sell when 5 crosses 13 from above.
4) Enter only when the difference between
EMA 5 & 13 is more than a couple of pips.
This strategy is from that book by Alex Krzhechevsky
or however you spell his name. I found it on a p2p
program for free, so I figured I might as well read it.
Does anyone else use a similar strategy?
I'm just starting with it, so I don't have my own
results, but looking back on the charts, it allows
for many profitable trades, but the entry and
exit points leave alot of profit out of the equation.