Friday, April 20, 2012

Daily trading Made easy

Hi, all forex trader

thanks for staying with me.

Today I am introducing most easy trading system with 80 % accuracy for day trading

Here Indicator I use 

: MA(200 EMA)

Time frame any
But I use 1 hr , 15 min chart for day trading

How do I detect trend:

when candle close above 200 ema in 1 hr chart, trend is up, 1 hr time frame,'
go for 15 min chart for entry, if candle closes above 200 ema, so its todays trend is up

vice versa for uptrend

Confirmation:
MACD, see Macd line cross the zero line and MACD historogram at least 2 bar formed above zero line
trend is confirmed and vice versa for down trend.

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