This is the system which caters for both range and trend trading but it is sort of swing trading as well, who almost gets you in right at the top or bottom and than takes you along till the end of range swing or trend swing and you can see all this clearly on the chart of any currency pair. The only thing is that you require patience and discipline to follow the system. this is very simple system which you will learn only once you will start applying it on any currency pair with good money management. keep your risk level as low as possible and reward with the system signal exit and i tell you that you will have 70 % winning trades in any case and that is the best you can get.
There are two basic considerations for trading this system
1 Trade in daily alongwith the direction weekly or weekly independently
2. Trade daily independently without getting direction from weekly and in this case you will even get signals from retracements for any currency
3. Get entry/exit signals in daily only if you are trading daily and weekly only if you are trading weekly
Please consider these parameters and co relate them on the chart
1. Stoch cross and cross of Both RSIs (13 and 5)
2. RSI 13 crosses 50 level above and down
3. Price above or below middle BB line
4. 5 EMA open and 5 EMA close cross
5. prices touching upper or lower BBs
6. 5 EMA open and 5 EMA close both crossing up or down middle BB
PLEASE RELATE ALL THIS ON THE CHART AND THAN WE WILL COMBINE THEM FOR SIGNALS
There are two basic considerations for trading this system
1 Trade in daily alongwith the direction weekly or weekly independently
2. Trade daily independently without getting direction from weekly and in this case you will even get signals from retracements for any currency
3. Get entry/exit signals in daily only if you are trading daily and weekly only if you are trading weekly
Please consider these parameters and co relate them on the chart
1. Stoch cross and cross of Both RSIs (13 and 5)
2. RSI 13 crosses 50 level above and down
3. Price above or below middle BB line
4. 5 EMA open and 5 EMA close cross
5. prices touching upper or lower BBs
6. 5 EMA open and 5 EMA close both crossing up or down middle BB
PLEASE RELATE ALL THIS ON THE CHART AND THAN WE WILL COMBINE THEM FOR SIGNALS