Is this chart of the Aussie dollar approaching the set up you like?
The MA is a 26 period only cause I'm allowed only 3 studies.
Your use of 2 EMA's - 20/30 EMA - is useful for the x-over indication ,I'm assuming , otherwise it seems just one would be sufficient to show a long or short bias ??
John I'm watching this
John, sorry for the delay! That would be the perfect short signal/set up $$$
I had trouble with this the last week or so.
Maybe now it has the momentum for profit short.
Sorry - Trying to get a 26 period EMA- doesnt want to work
I bought today. Appears to be at end of daily cycle.
(Proves many different ways to trade.)