Thanks for explaining your approach, Benjimang. I believe looking at multiple time frames does significantly increase your odds with this system. I'm very aware that I just need to keep practicing, as I've only been trading for several months.
For now I think I'm going to try doing a little experiment with the EURJPY. I'll only enter trades on the 15 minute time frame, and only when Stochs confirm by being in oversold/overbought areas. I'll set all t/p at +5 pips and all s/l at -15 pips.
I know that this method is far from the ideal way of trading this EMA cross system, however it would be extremely simple. If it could net 5-10 pips consistently every day, I would be more then happy.
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