[MorningTrader]

Thanks, first of all, for everyone clearing up a "period" vs a "day." Much appreciated.

So...a 5 "EMA" and a 14 "EMA" is going to cross, let's say, down...and we'd sell. You should see a profit within anywhere from a few seconds to a few minutes. My goal is 10 pips per trade. Let me say this...and this is easy. If I get 6 pips, or 4 pips or even 3...and the market is moving slow after I entered I will get out. If I am at 5 pips and intend on staying in the trade, I bring my stop to my entry rate. My broker gives me a 3-pip spread, as most do, for the Euro/USD pair. Those 2 freebies are a big helper! These lines cross anywhere from 2 to 5 times a day...but only trade betwen 2-11 AM EAstern time. I added a picture that describes what I look for. Every trade that I make I do this...see the picture.

Rock on!
CJ

Oh, and never set your trade, set your limit and leave. If you are up 5, 7, 8 pips or whatever and it goes back, you could have made "some" cash rather than lose it.