Wednesday, April 11, 2012

Easy trading technique

Hi,
Today I am presenting Here the most easy trading techniques.

It is most easy for Novis.

Indicator used:

MA( 9 EMA, 45 WMA)
RSI
MACD

Time frame : 15 min, 1hr,4 hr, 1 day

How to use:

When 9 EMA cross 45 WMA from Below to up, the trend is Up..... trend is up
And vice versa  in down trend

Confirmation:

Candle close above the crossover: in uptrend
Candle close below the crossover in downtrend

Rsi>50 in uptrend
RSI<50 in down trend

Note: See RSI trend line and break

MACD: above>0 up trend
MACD below<0 downtrend

If u miss the cross over, wait candle touch the 45 WMA, it is good entry point in up trend
Vice versa in downtrend.

Always use stop loss:





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