伟大的 ema schaping 系统 (Great ema schalping system)

I have a great system which can produce many pips each day but it just need one thing and i though maybe we could help each other and then we can all benefit from it.

I only trade it on the eur/usd and gbp/usd 5 minute chart. The indicators:

5 ema applied to the high- colour green
5 ema applied to the low- colour red
Rsi- 9 period with 70 and 30 levels

Enter buy if rsi below 30 and the new candle open below the red ema line.

Sell if rsi is above 70 and the new candle open above green ema line.

Make sure move back into the chanel cover at least youre spread and 3 more pips. Now take profit until the price is back into the chanel. Between 3 and 7 pips.

Only problem i have with the system is where to put my sl because one cannot trade without a sl.

I have attached the template for the system

All credit of the original system goes to Tmac

Intresting post page 7 post 96 of lilelisi

http://mibbit.com/?channel=%23Scalpi...irc.mibbit.net is the link to the chatroom during the londen session