39# 4H Trend Trading System
Pullback to EMA's
Currency Pair: all
Time Frame: 4H
Indicators: 7, 14 & 30 EMA's
Entry Position and Stop Loss
1.Wait for crossover of 7/14 EMA's.Price must be above 30 EMA for long positions and below for short.
2. Enter at pullback to EMA's, may use PA on 5 or 15M, if not.
3. Place SL below the last swing low below the 30 EMA.
4. Continue to add positions as price enters the 7/14 EMA zone.
5. Continue to move SL as price touches and reverses off of 30 EMA.
Profit Target
Option 1. Set target profit for all positions to 300 pips beyond your first entry.
Option 2. Wait to get stopped out as SL is moved.
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imoleayo (Saturday, 28 September 2024 08:20)
the sstrategy is similar to mine, but i add stochastic 30,3,3 to filter my trend