Hey everyone!
I just wanted to post my system here and have everyone see how easy it is and can allow you to make really good money. You have to have patience and follow the signals. Stay away if the market is choppy. System works best from 12a.m. est- 10a.m. est
First you need 3 moving averages.
50 ema
100 ema
200 ema
Macd set at default which is 12, 26, 9
in an uptrend they will be stacked 50,100,200
downtrend the naturally will be 200, 100, 50
This is great because price always retraces to the ema's and bounces off. Once it passes one of them it usually tries to make its way to the next ema and at times its 40-60 pips! unless the ema is sitting right on a fibo level then just wait for the close with the macd to confirm.
That's it! What you do is everytime you find the low and high. Draw a fibo from low to high. Price will always hit the fibos or bounce off the ema's. It works best on the 15 and 60 minute chart. When placing the Fibo's... It does not matter how many days, hours or minutes. If the price reaches a high point from a low point from 2 hours ago. Run a fibo and price will keep hitting it along with the emas. If price closes above or below an ema watch it carefully. Sometimes it will pierce through and go for the next ema or it will bounce off of it.
if you set up and look at your chart go back a couple of days and watch how price reacts to the emas. Also the macd is the main ingredient here. I only trade on the 15 and 60 min charts. I usually take the trade on the 15 when the macd has crossed and will watch the 60 min to confirm the movement. That's if I am being aggressive. When the 50 ema crosses over both of the others. This is considered a death cross. Keep it going in that same way it is crossing. It takes a lot to make it cross back all 3 again.
I have made over 1000 pips this month alone with this system. any questions please ask away
I just wanted to post my system here and have everyone see how easy it is and can allow you to make really good money. You have to have patience and follow the signals. Stay away if the market is choppy. System works best from 12a.m. est- 10a.m. est
First you need 3 moving averages.
50 ema
100 ema
200 ema
Macd set at default which is 12, 26, 9
in an uptrend they will be stacked 50,100,200
downtrend the naturally will be 200, 100, 50
This is great because price always retraces to the ema's and bounces off. Once it passes one of them it usually tries to make its way to the next ema and at times its 40-60 pips! unless the ema is sitting right on a fibo level then just wait for the close with the macd to confirm.
That's it! What you do is everytime you find the low and high. Draw a fibo from low to high. Price will always hit the fibos or bounce off the ema's. It works best on the 15 and 60 minute chart. When placing the Fibo's... It does not matter how many days, hours or minutes. If the price reaches a high point from a low point from 2 hours ago. Run a fibo and price will keep hitting it along with the emas. If price closes above or below an ema watch it carefully. Sometimes it will pierce through and go for the next ema or it will bounce off of it.
if you set up and look at your chart go back a couple of days and watch how price reacts to the emas. Also the macd is the main ingredient here. I only trade on the 15 and 60 min charts. I usually take the trade on the 15 when the macd has crossed and will watch the 60 min to confirm the movement. That's if I am being aggressive. When the 50 ema crosses over both of the others. This is considered a death cross. Keep it going in that same way it is crossing. It takes a lot to make it cross back all 3 again.
I have made over 1000 pips this month alone with this system. any questions please ask away
trading on demo is not trading
