Charts :hourly
Moving averages:wma 5 and 48
Entry :wma 5 crosses wma 48 , long or short entry
Exit :wma 5 crosses wma 48.At exit there are 2 lots trades ,one to exit previous trade and another to open an entry .
Lots 1
Rentry: after a spike ....reenter if stop hit by a spike and trend in place
Stop loss:100 pips (This may be changed after further testing)
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Monday, October 29, 2007
5/48 wma hourly charts strategy
Posted by Forex at 7:18 AM
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