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[QUOTE="Magician, post: 37996, member: 5330"]
Hi Guys never really shared, but I thought I would post my simple system, I have pictures, and action is based on today 24 Dec 2012.
So here goes, I have to add, this is only my way of doing things.

24/dec    
GBUS..........                Sell

4hr chart/trade
Prc has brk/closed below the 30ema, fell a couple of candles, and then pulled-back.
Macd (momentum) red-line is falling, as is the 30ema.   (gun cocked)

1hr chart
Prc pulled-back to the 30sma, also 30sma has crossed the money-line (yellow) money-line is also slightly down, macd is very bearish, stochastic has crossed down.
Entered at the 30sma line (gun fired)

Note
Dly chart shows prc has climbed a great deal (400pips +) there is divergence with the macd, you can see prc matched the previous highs but momentum is lower, however 30ema is upward as is the money-line, but looking at prc I believe prc will fall.
Wkly chart suggest prc is at resistance, zero momentum, money-line is flat, again some divergence with the macd, cracking doji......

Note, 
What I count as a brk/close below or above either the 30sma or the 30ema is that it also must brk/close above or below the zero line on the macd,

Stop-Loss
If prc brks/closes above the 30ema, then I am out …........

On this trade I have placed a Take Profit, normally I don't,    I use the macd to get me out.

Closed the trade manually, due to it being Christmas eve.   80pips
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