Thursday, 16 August 2018
Buy and sell Rules
From the above setup,we see the following 1) 5ema has crossed below,the central Tma line 2) 14 ema channel has closed below the central Tma line 3) 200ema is below the lower tma band, 4) The stochastic osilliator with 5 3 3 setting is above 50 line. The buy condition is fulfilled,then placed a buy order at the close of the first candle stick above 14ema channel. place your stopless at the lowest swing. Take profit when 14 ema channel crosses above the central ema line or you use own discretion. The sell condition is the opposite of buy.
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