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Whenever the 5, 10 and 14 EMA’s cross the 21 EMA upward it is a good signal to go long on the 1 hour time frame. If after 4 hours, and all I could gather is just 20 to 30 pips, what I do next is to place my cursor on the last two candlesticks, i.e. I check the open value of these candlesticks and the open value of the present candlestick and if the difference is 5 to 10 pips, I know that it is time to exit the trade and wait for another opportunity.
On my trading terminal, I concentrate only on the above specified currency pairs, it becomes mandatory to open all the time frames on the specified currency pairs and that’s where my success lies.

This is how I open them and I insert my exponential moving averages, before going to place any trade order. Cos we've got enough Podcast material to keep you occupied for roughly 2 years and 147 days.

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