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Old 06-04-2009, 16:01
pipdog pipdog is offline
Level 1 Lasers Member
Join Date: Apr 2009
Posts: 1

Originally Posted by Marc45 View Post
Use a EMA 3 and a EMA 10 on the 5 minute EURO/USD pair during the trading times of between 2:00 a.m. to 5:00 a.m. and 8:00 a.m. until 10:00 a.m. you'll make some money. This is in EST (eastern standard time). Wait for the cross to occur on a closed bar and then enter. Exit 1/2 of your position when you have made 40-50 pips and then exit the rest when it crosses again. It is simple and it works. Stick to the simple rules and you'll do fine. THese time periods cover the most volatile and active trading times where the market moves most. Don't bother using it during quiet market times. Over the week you'll win some and you'll lose some. After each week I can assure you you'll come out nicely on top. It's really that easy. Use red colour with the 3 EMA and yellow with the 10 EMA. Sounds too easy to be profitable doesn't it? Try it. Demo it.
Hi, You mention exiting 1/2 of your position after 40-50 pips and then exit the rest when it crosses again. Can you clarify, i'm a little confused.

thank you
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