(I assume you meant the GBP/JPY because that's the chart you attached
)
I am using the MACD indicator that Vanessa said to use with her system so my chart looks different than yours. I didn't trade that one because I was already in another trade
. Her system says you need two out of the three indicators to line up before entering a trade so even though the 6 EMA crossed crossed below the 13 SMA the MACD never crossed down and parabolic SAR was still below the price
(See my chart) so I wouldn't have went short . If you we're long from the 3/15 signal than I would've exited because her rules say to exit on the MA cross but once it crossed back up all three indicators we're in position for a continuation of a uptrend.
Topgun
Quote:
Originally Posted by n_aftab
Chart attached .. i hope
I ment the cross as on the chart for the 4 hour system on the gpb/usd
|