Rules to Buy:
1. Check Market Depth to look for either a 2:1 imbalance favoring the BID or neutral bid/offer balance. If not, stand aside and wait for either of these two conditions.
2. Using a 5-minute chart, enter long when the 5 minute (green) SMA crosses above the 13 SMA.
3. Set a 20 pip stop.
4. Remain long until the 5 minute SMA crosses below the 13 SMA.
5. The trade can be reversed and taken in the opposite direction.
Rules to Sell:
1. Check Market Depth to look for either a 2:1 imbalance favoring the Offer or neutral bid/offer balance. If not, stand aside and wait for either of these two conditions.
2. Using a 5 minute chart, enter short when the 5 minute (green) SMA crosses below the 13 SMA.
3. Set a 20 pip stop
4. Remain short until the 5 minute SMA crosses above the 13 SMA
5. The trade can be reversed and taken in the opposite direction.
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