SMA 200/5

Currency pair: Any

Indicators: EMA 5 and 200

Time frame: 4 H

200 EMA is used to determinate trend

Long entry: price closes above the 200-day SMA the trend is said to be up

Short entry: price closes below the 200-day SMA the trend is said to be down




Long exit: Close price is greater than 5 EMA

Short exit: Close price is smaller than 5 EMA


http://www.myforexdot.org.uk
Simplicity: 9/10
Profitability: 10/10
Time consuming: 9,33/10
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Daily Forex Analysis November 13, 2012


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