Mimitto Moving Average

Hi guys. .

I am a newcomer I started my forex studies few months ago. . I tried trading egies and I am still.

One week ago while browsing the net, I've read a sentence about a moving average, Well. . Nothing more concerning it. . Only the amount of it, that's all I've read, So I left the I dont like to read too much round the point, I enjoy points that are direct and that website was filled with Bla Bla Bla.

Therefore, after couple of hours the idea came I thought about attempting 2 moving averages with the numbers I've choosed, I tried such a number, and I found how strong they are. .

EMA 31 (blue) EMA 62 (red)with 15M period frame )

That is.

It is REALLY SIMPLE. . As usuall, if EMA 31 crosses EMA 62 from down to up, then it's a BUY sign, and it's a SELL signal when from up to down.

Now . . If u go for example, the BLUE line will be over the ( bars or candlesticks), and sometimes it may touch the highs of those bars, here r still safe, at that time the RED line will probably be a long ways in the grim one.

The difficulty comes if the BLUE RED lines get closer to one another, and with being much closer you have GET READY coz u r coming into a cross it's time to EXIT IF YOU WANT, coz u may wait for the cross to occur but I like the 1st EXIT point.

I don't wait for a bar to close, for me. . It is about the sight. . While I see an entrance opportunity I GO, of cousre it's far better to wait for a bar however generally it dose not matter.

And about the Entry cross ( LONG or SHORT ), I like to wait after the cross happens and everything become clear to put in the trade, I mean it's better NOT TO enter directly after the cross, coz not every cross IS A CROSS.

About me personally, I enter the commerce on this system VERY LATE, and you will observe that in the above pic, see how LATE I'm (( I dont understand why ))!!! See where I entered where was my entrance and did I lost bcoz of my entrance. Nonetheless, it's fine coz that is really a Demo Account.

About timing, I'd like to say I always go in AFTER the news period is over, I place the order and go to bed at night to take the profit the other morning. I dont use stop loss or take profit , just Trailing stop. . That is all. Of course u should see the Support Resistance levels.

I tried this system with EUR/USD 4 occasions, and with EUR/JPY 1 time, all transactions were success. I think which pair work with isn't significant, it's fine with the pairs.

Now If u'll ask where did I get the title from ( MIMITTO MOVING AVERAGE ). . The solution is” that is the way I call my fiance'.

Finally, Sorry for the long discussion. . And sorry if I forgot any point. . And I'd like to mention THANX FOR ALL PPL INnigeriaforextradingcoz I learned much from you guys and I am STILL.

I hope that I helped a person with this system, and I hope what I've composed be helpful to everyone.

My respects to all u guys.
Thanx a lot
https://www.nigeriaforextrading.com/...1518550645.jpg