Friday, June 20, 2008

Profitable Trend Forex System

 .2. L2 signal
The image Buy (Go Long): When price is trending up (as defined by our above
criteria), we look for a larger retracement than in L1 signal, and then
enter when the trend resumes. Price retraces and makes both HMA 5
and HMA 12 changes their direction from up to down. We enter when
both HMA 5 and HMA 12 changes their direction from down to up. It
signals that the price has resumed its established trend.

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3 comments:

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