Hi gents,lt;o
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My first article in FF,lt;o
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I'm 4 years old in FX world, specialized in GBP.lt;o
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I have this Intra day sys to utilize and need to share it with u, it is easy and 90% proof.lt;o
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First, u need to know the trend direction for your day and MACD is going to do that,lt;o
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if the slow line below zero then the trend is down, above zero then the trend is upward (I'm talking about the first wave of the day if there are greater than one)lt;o
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MACD ought to be set 8,18,9. Lt;o
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This is confirmed by the RSI if above 50 will be up or under 50 down then, and needs to be set to 21. Lt;o
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Today, the entry, SL and exit points,lt;o
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Entry point ought to be produced with a blue 5 closed EMA with a red 6 opened EMA.lt;o
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SL ought to be 5 pips above or below recent hello or low, more than 30 pips.lt;o
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Exit, if u r great with fibo then u should exit on 161.8percent or tops and bottoms, R or S but no less than 30 pips in hand.
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Forgot to mention that the time period ought to be 30m and apply after 2300 Eastern Time.
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If the above aren't met, do not enter the market.
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This sys is futile in regards to the news.