will be 60 80 pips if using the H4 time frame or pips if using the daily time frame. After crossover, you can take sell entry. EMA for buy entry. EMA like as below image, then you will get sell signal.
Strategy Examples, short Set up, price breaks below the 55 EMA. EMA like as below image, then you will get buy signal. So you should not apply this strategy on ranging market area. Double, eMA (Exponential Moving Average) crossover strategy is easy and profitable.
You can put stop loss below 200. Buy on the third candle, set best fx brokers in usa stop loss to a few pips below the 55 EMA. 200, eMA is very important technical tool to identify market trend. Second candle after the close should also be bullish. You should close half position when you get 100 pips, then you need to move stop loss at entry point.
This crossover strategy is based on 200 and. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. After crossover if price moves rapidly, then you need to wait for some retracement.