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Long Entry position: Currency price is above the 50-period simple moving average. Laguerre indicator is oversold (0- 0.15 value).. MACD >0. EMA cross-over shows a green up arrow.
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Rules Center Of Gravity Forex Indicator Buy The price action close above the upper band of the i-regression channel with yellow candle. The MBFX momentum indicator is green and is gone also in the oversold. Place initial stop loss on the previous low swing. Profit Target ratio 1:1 stop loss or above. Sell
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• Forex is a 24hr market but take 00:00 GMT as the Daily open. Take long crosses above the daily open, short crosses below the daily open unless they're say 50 pips or more away. I don't take crosses that head smack bang into the open because it's too risky.
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