Thursday, August 20, 2009

Manual Strategy GBP/YEN =200pips

This is my own little help to other traders,so i have decided to give this system out to the world to use in make money,if this is how i will help humanity,then i have made my contributions

my trading system introduction

this trade strategy uses smooth ma, r.s.i and platform scale measurement.it trades maximum of 5-6 a month ,its same setting for 1 and 4 hr chart .

Strategy entry parameters

1 10 smoothed ma
2 4 smoothed ma shift -1
3 rsi 14 mark 55 and 45
4 vertical scale line f-f ( friday to friday)

working operation
when the 4 ma crosses over 10 ma then wait for rsi to move either below 45 to 43 to the sell. Then sell;.at a valid scale

when that also happens to the buy and rsi above 55 to 57 then buy at a valid scale


valid scale
the f-f( friday to friday ) scale is said to be valid when distance between the swing low of previous scale to the point where the ma made the cross over is up to 400 pips,or distance between the last swing low to point of ma cross over is up to 500 pips,then all parameters are valid to place a sell order.vice versa for a buy scale measurement.


This strategy has what i call a neutralize order whereby a lost turns back ur money if the trade turns against u. If this happens u just leave the trade for a longer time max 10 days to trade itself in


the main order setting
tp=200 pip
sl=450 pip

neutralizer
tp= 450
tp= 450

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