I hope this will help
for charts over 30 mins or higher - the higher the better
1.put 3 EMA on your chart
50 (Green), 100 (red), 200(light blue) EMA on chart to see trend
you want to see space between them & them stacked on each other
you are only going to trade in their direction & you know this when,
a.they are going in the same direction
b. when they are stacked one one top of the other in order
c.you can see space between them.- they should look like an open fan
2. put a 14,3, 3 shochastic on your chart only trade up when the stoch is over 20 & raising only trade down id stoch is under 80 and falling
3. put a 20 SMA (dark blue) on you chart only trade up from under it or down from over it- this is so you have room for pips ( by the way this SMA should be going the same way as the EMAs! & normal be stacked over or under the 50 EMA in order .. or getting there fast)
4. Put on your charts parabolic Sars ( Magenta)
enter in the direction of the EMAs & the Stoch when you see the 1st Par. Sars come up in the direction you want to trade ....
with good money management you will win a lot more then you lose
if you want to be real safe chech the day stoch again 14,3,3 & make sure you are tading with it.
this is a very good system
Thom
for charts over 30 mins or higher - the higher the better
1.put 3 EMA on your chart
50 (Green), 100 (red), 200(light blue) EMA on chart to see trend
you want to see space between them & them stacked on each other
you are only going to trade in their direction & you know this when,
a.they are going in the same direction
b. when they are stacked one one top of the other in order
c.you can see space between them.- they should look like an open fan
2. put a 14,3, 3 shochastic on your chart only trade up when the stoch is over 20 & raising only trade down id stoch is under 80 and falling
3. put a 20 SMA (dark blue) on you chart only trade up from under it or down from over it- this is so you have room for pips ( by the way this SMA should be going the same way as the EMAs! & normal be stacked over or under the 50 EMA in order .. or getting there fast)
4. Put on your charts parabolic Sars ( Magenta)
enter in the direction of the EMAs & the Stoch when you see the 1st Par. Sars come up in the direction you want to trade ....
with good money management you will win a lot more then you lose
if you want to be real safe chech the day stoch again 14,3,3 & make sure you are tading with it.
this is a very good system
Thom
