Simple Trading system for Intraday/short term

Sorry....this is the amendment for the range M2/M4
Earlier was S1/M4..

Today's PP;

Today's PP;

Today's PP;

This is the way, I am setting my Chart according to the PP Time Zone;
(Marking the M2/M4 or M1/M3)/
(Time Zone-refer to time zone for Tokyo/London/NY)
(Check-out from here; http://fxtrade.oanda.com/resources/fxmarkethours/)

I hope some of you, manage to take entry from the Pull-back at Pivot Point or M2 area.

Good Luck!

I Use Gmt 21.00 As Close

Thanks

For your information;
I can't tell you where to open or close.
If I don't know your time zone.

To know your time zone,
open this website; http://fxtrade.oanda.com/resources/fxmarkethours/

Once you change the time zone... than u will know what is your local time for open and close for each session.

Congratulation to whom manage to enter at
M2 pull back - 50 pips
PP - 40 pips

Good job... keep it up...

Price just reject at M2 area.

Listen to this Video;

http://forex-trading-machine.net/fastfib/fastfib.php

This time, I am using Sydney Open - NY Close.
I find that to use open-close for each session has a weakness.
So... let us try to use the new setting.

My new setting on the chart as follow;

Vertical Line:
Open price Sydney open price,
Close price at NY close price,

Between the Open and Close;
Open price for Tokyo open,
Open price for London open,
Open price for New York open.

Horizontal Line:
If Bullish Market =PP, M3,R1,M4,R2,R3
or
If Bearish Market =PP,M2,S1,M1,S2,S3.

Look at the attachement than you will understand.

Charting Setting;

What I Have

M2 2.0199

Sl 2.0172

L1 2.0227

L2 2.0280


Thanks

My advise...... just follow as what I have.

Dear bye2000,
Abt you time zone... look at the attachment.
The time that shows is your local time at time zone GMT +3

The time that shown is at our local time;

To whom don't know own time zone... let me know.

If u know your own time zone;
go to this site to check out your own local time for each session;
http://fxtrade.oanda.com/resources/fxmarkethours/

2,0333 reached.

Good!

Now you became a good trader....
keep it up...

Listen to this video;

http://forex-trading-machine.net/fastfib/fastfib.php
http://forex-trading-machine.net/fastfib2/fastfib.php