Hi all
I want to share my system with you guys, cuz i find so many good thread on this forum.
I've tired this system for few days now, and I get quite good result, I think it's quite simple for those begin in forex.
This system is based on 2 EMA and japanese candlestick
16ema
55ema
The slower ema (in purple for me) give the trend
The faster ema (yellow for me) give the signal
Buy signal,
the prices should be above the 55ema for up trend
you should wait the candle close above the 16ema
sell signal,
the prices should be under the 55ema for down trend
you should wait the candle close under the 16ema
you should remember, if you're in up trend (above 55ema) you should only buy
if you're in down tredn (under 55ema) you should only sell
I attach 2 screen with signals (I circle them)
That system work with many timeframe depence of wich currency you want
I want to share my system with you guys, cuz i find so many good thread on this forum.
I've tired this system for few days now, and I get quite good result, I think it's quite simple for those begin in forex.
This system is based on 2 EMA and japanese candlestick
16ema
55ema
The slower ema (in purple for me) give the trend
The faster ema (yellow for me) give the signal
Buy signal,
the prices should be above the 55ema for up trend
you should wait the candle close above the 16ema
sell signal,
the prices should be under the 55ema for down trend
you should wait the candle close under the 16ema
you should remember, if you're in up trend (above 55ema) you should only buy
if you're in down tredn (under 55ema) you should only sell
I attach 2 screen with signals (I circle them)
That system work with many timeframe depence of wich currency you want
Attached Images