17# Stochastic and Emas'cross Trading System
Time frame - Daily.
Stop loss - Below low of the Entry day but it should not be more than 3 % from your entry price this is my way of using stop loss but you can use stop loss as per your risk appetite but try to maintain Risk:Reward ratio of at least 1:3.That is if your target is 15 your stop loss should not be more than 5.
6 Days and 12 Days emas crossover provides early entry into the trend and stochastic helps to filter out false signals.
Share your opinion, can help everyone to understand the forex strategy.
Stochastic Forex Strategies