Wednesday, November 19, 2014 1:12:58 AM
A/U(15M)1H)Moving averages is the only way I have found to be reliable. The good thing with that is you can use indicators to trade Forex. MACD(5,20,1)Is my favorite as it will cross the 0 mark when the MA(5)crosses the MA(20)Favorite overlay on this indicator is the MA(6)smoothed.
I use the cross of the 0 mark on the 15M.
I use the cross of the MA(6)smoothed on the 1H.
Study these charts and you will see why you would be up 61 pips right now.
I use the cross of the 0 mark on the 15M.
I use the cross of the MA(6)smoothed on the 1H.
Study these charts and you will see why you would be up 61 pips right now.
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