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- teoforex replied Dec 11, 2008
can you post a trade where this rule gets applied? even from thread will be great. i understand that the 5 ema high was hit ... and then your response is correct ... what about this case?
4H 5EMA System
- teoforex replied Dec 11, 2008
that i understand i still do not understand what the rule means ... what is "reversal bar" in this rule ? reversal bar is that what we understand when we say the trend will change (a reversal bar in this case might be the last one from a series of 3 ...
4H 5EMA System
- teoforex replied Dec 11, 2008
question regarding rules to trade — question: 2.) A proper reversal bar has a lower high for a short or a higher low for a long. let's supose that we have a setup bar to go long. This means that the setup bar breached the lower 5 ema by 5 pips ...
4H 5EMA System
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