All of the following criteria must be met before taking a Long (BUY) position.
- The UT BOT must first give a BUY alert.
- The price must be above the100 Exponential Moving Average (EMA).
- Awesome Oscillator must be GREEN.
How Many Points to Go for
- During the pre-market of the New York session, you can go for 5-10 points.
- During the Asian session, you can go for anywhere between 1-5 points.