ymjun35

GBPUSD.Weekly.EMA52.fisher9.Trade 1

ymjun35 Updated   
OANDA:GBPUSD   British Pound / U.S. Dollar
An exponential moving average is slow but steady, like a directional indicator. EMA works the best in weekly, imho, telling me to stay or get the ass out ASAP.

Game plan : position myself in the direction of the EMA and Hold.
=====IN :
  • Buy Limit 1.28
  • Stop Loss: 1.26

=====OUT : when 26 Week EMA becomes flat, I am out.

Keep the rule, not matter what.
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Target depends on the EMA. It could go lower and higher than posted.
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EMA 26's Weekly shows nice angles.
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Buying near EMA will help me maximize profits and minimize risks.

Follow the trend.
Follow the rule.
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