use our profitable forex system that our team use for 2 years now: http://bit.ly/ZsK6Ld
Here’s the trading setup
In this system, we use 3 indicators:
1. 5-period Exponential Moving Average (EMA 5) applied to the Close.
2. 12-period Exponential Moving Average (EMA 12) applied to the Close.
3. 21-period RSI (RSI 21)
Entry Rules for Long Trades:
It’s simple. We enter a long trade when EMA 5 crosses EMA 12 to the upside…
AND our RSI 21 above 50.
Entry Rules for Short Trades:
Enter short when EMA 5 crosses EMA 12 to the downside.
AND RSI 21 below 50.
Stop loss = 20-30 pips… depending on the volatility of the currency pair. For more volatile pair, like GBP/USD, stop loss = 30 . For less volatile pair, like EUR/USD, use stop loss of 20 pips.