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Saturday, November 3

BunnyGirl Cross

Chart Setup
30 minute, candlestick
WMA 5
WMA 20
WMA 100
RSI

Go Long
WMA5 Crosses above WMA20
WMA5 and WMA20 above WMA100
RSI signals divergence or is above 50

Go Short
WMA5 Crosses below WMA20
WMA5 and WMA20 below WMA100
RSI signals divergence or is below 50

Filters
Use a filter to eliminate frequent stops and catch the trend at the right time
EURUSD: 25 points plus the bid/ask spread
Other recommended pairs: 30 points plus the bid/ask spread
These filters can and do change
Cancel the trade if the filter price has not been reached before 5 minutes remaining on the 30 minute bar.

Orders
If bull cross, place a buy stop order at the filter+spread.
If a bear cross, place a sell stop order at the filter+spread.
When the filter price is reached and the order engaged,
place a stop loss at about the original crossing. (Can go as much as pips away on the other side of the crossing.)

Stop Loss
5 pips beyond the cross (or bounce) price.

Additionally, the best signal to receive is when multiple pairs are
crossing at the same time.


BunnyGirl uses 30 minute charts to determine crosses and 5 minute charts for exiting and scalping. She used daily and 4-hour charts to plot resistance points, fibs, and to check for no-touch bars.

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