I have been playing on a 2 min. Chart and a 10 min. chart, and I also made the 3EMA a 2EMA to get closer to price and I use it as an exit, meaning that when the 2 EMA crosses the 5 EMA when the trade is going against you, that is your exit, instead of waiting for all of the red EMA's to cross over all of your blue EMA's. I've noticed that by waiting for "ThAT" (red over blue) cross to happen, you are giving back 25-43% of your gain. By using the 2EMA crossing the 5EMA, you are not giving back as much, but you are able to realize that you are positioning yourself for the next set up. Run thru a backtest period and talk to your guy and see what the outcome is... looking forward to your next post.
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