Price hitting the EMA indicator?

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johanenglund
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Price hitting the EMA indicator?

Postby johanenglund » Sun Nov 22, 2009 10:58 am

Hi,
im new to this forum, but not new to forextrading though :).
Im trading a system based on price hitting the EMA.
First i wait for a ema cross(one fast and one slow) together with price, and when price then pullback to the fast ema i enter my position.

This has been a VERY successfull style of trading, at least for me.

I wish i could keep an eye open for different currency pairs though. Is there a way to make an indicator that does the job?
Perhaps with an alert or something.

So i got two EMA on my screen, when the fast one crosses the slow one, and the price follows, i enter my position when price pullback to the fast one..Then i got the slow EMA below/over as an extra safety..... Is it possible to make an indicator?

Hope i was clear of what i meant...

Kind regards

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Patch
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Postby Patch » Sun Nov 22, 2009 2:34 pm

johanenglund

Welcome to Kreslik.

Could you post a couple charts with notes written on them. A pic is worth a thousands words as I am a visual kind of guy.

Thanks

Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

johanenglund
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Postby johanenglund » Tue Jan 12, 2010 8:08 am

Hi here comes the pic..
Tx
Attachments
ema kreslik.JPG
ema kreslik.JPG (132.39 KiB) Viewed 258 times

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