This is a simple strategy that I use and it focuses on three EMAS: 4 period, 12 period & 63 period. As long as these three periods are consistent with each other (adn they will always be), they could be daily, hourly, or on a 15 min chart.
The chart should consist of candlestick, the 4 period EMA in RED, the 12 period EMA in YELLOW and the 63 period EMA in BLUE
THE TRADING PLAN
When the 4 crosses and is below the 12 and both of them are below the 63, this is a sell signal. When the 4 crosses and is above the 12 and both of them crosses and are above the 63, it is a buy signal.
Try out this strategy in demo mode. Develop more on it before applying it to your live account.
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Thread: The 4/12/63 Strategy
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25-06-2009, 05:50 PM #1
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The 4/12/63 Strategy
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