Stay away from small candles too close to the green MA8 line

Rules to guide you to success!

We are reversal traders and our system needs momentum in price action. When candles are very small and close to the EMA 8 line wait for more price movement.

2. Stay away from grinding assets:

Grinding occurs when there is not a lot of volume in price movement. You'll notice that the candles are very small indicating low price fluctuations.

3. Do not trade 5 minutes before until 5minutes after a news release

News Releases cause rapid price fluctuations in the market that will often go against the signal arrows for some time.

4. If there are 4+ flashing bars, do not trade that asset

If there are 4+ flashing momentum bars, thisindicates that there is strong momentum in a particular direction.

A strong surge in momentum can go against the signal arrows for some time.

5. Do not trade when there is a Moving Average Cross

Crossing occurs when the Green EMA 8 line crosses over the Blue MA 20 and Orange EMA 30 lines in an up or downward direction. Occasionally, during a cross, the price can go up or down for some time.

Дата добавления: 2014-12-27