SEPARATE SYSTEM
Done by Raymond Chin,
I call this system is separate system because when a two EMA is separate to a points and
the price will follow the trend until the support and resistance area!!
SETTING: EMA 10 AND EMA 26
TIMEFRAME: 5 MINUTES
TAKE PROFIT:20PIPS IN ASSIAN SESSION AND 30 PIPS IN EU TO US SESSION
or the nearest support / resistance area.
STOPP LOSS:40 PIPS
BUY :
1.)When 10EMA crosses the 26EMA upwards and the EMA difference is 8 pips or
greater.
2.)SEE the candle cross the 26EMA
i.)If it is a big candle shot down, WAIT the signal candle finished made up
------ if the candle is a retrace candle(it means the price is retrace) >>>> ENTER AT
THE OPENING PRICE OF COMFIRMATION CANDLE!!
------ if the signal candle not a retrace candle , you can WAIT the comfirmation
candle finished made up and make sure the price is retrace or if the price is
retrace at least 5pips >>>>>> ENTER AT THE OPENING PRICE AFTER
THE CMFIRMATION CANDLE or STRAIGHT ENTER AT RETRACE
PRICE!!
ii.)If it is a normal candle bar ,WAIT the signal candle finished made up
------Condition 1: you need to wait the comfirmation candle is finished made up and
if the OPENING PRICE of the signal candle and OPENING PRICE of the
comfirmation candle are less or same with 10 pips>>>>>>STRAIGHT ENTER AT
THE OPENING PRICE OF THE COMFIRMATION CANDLES!!!
------Condition 2: you need to wait the comfirmation candle is finished made up and
if the OPENING PRICE of the signal candle and OPENING PRICE of the
comfirmation candle are more than with 10 pips>>>>>>WAIT comfirmation
candles made up and it must a retrace candle (at least 5pips or more,retrace more is
much better) >>>>>>>ENTER AT THE RETRACE PRICE
additional note:If the comfirmation candle not retrace wait the candle after it and it
must retrace before you can enter a trade!!!
iii.) If the signal candle is retrace candle >>>>>>> STRAIGHT ENTER AT THE
OPENING PRICE AFTER IT!!!
iv.) If the signal candle is opening price is exactly at EMA 10 price you can enter
straight !!!!
v.) Sometimes you can enter a trade just after the signal bar but measure the signal bar
is small (normally not more than 20 pips) this happen when the trend is strong
SELL: When the 10EMA crosses the 26EMA downwards and the EMA difference is 8
pips or greater.
IS OPPOSITE TO THE BUY TRADE
CLOSE EARLY: when the 5 candles after you enter a trade is straight shooting to
26 EMA YOU CAN STOP AT 15 TO 20 PIPS. If within the 5 candles the price is
already go up /down over the recent high just left it, DON’T DO ANYTHING.
FALSE TRADE:
1.)DON’T TRADE when the price is less than 28 pips to the weekly pivot .
2.)DON’T TRADE TWICE IN A ROW!!
3.)DON’T TRADE AFTER THE CROSS IS LESS THAN 2 HOURS!!
4.) Do not trade when the signal bar is come out was hammer or inverted hammer or SB
AND CM is show harami pattern!!
You can email me anytime
[email protected]
sorry for my poor English because English is not my native language!!
i just develop this system so i hope anybody here can help me to improve this system especially the stop loss level and take profit level!!http://cdn.forexfactory.com/images/icons/dollar.gifhttp://cdn.forexfactory.com/images/icons/dollar.gif
happy trading!!
Done by Raymond Chin,
I call this system is separate system because when a two EMA is separate to a points and
the price will follow the trend until the support and resistance area!!
SETTING: EMA 10 AND EMA 26
TIMEFRAME: 5 MINUTES
TAKE PROFIT:20PIPS IN ASSIAN SESSION AND 30 PIPS IN EU TO US SESSION
or the nearest support / resistance area.
STOPP LOSS:40 PIPS
BUY :
1.)When 10EMA crosses the 26EMA upwards and the EMA difference is 8 pips or
greater.
2.)SEE the candle cross the 26EMA
i.)If it is a big candle shot down, WAIT the signal candle finished made up
------ if the candle is a retrace candle(it means the price is retrace) >>>> ENTER AT
THE OPENING PRICE OF COMFIRMATION CANDLE!!
------ if the signal candle not a retrace candle , you can WAIT the comfirmation
candle finished made up and make sure the price is retrace or if the price is
retrace at least 5pips >>>>>> ENTER AT THE OPENING PRICE AFTER
THE CMFIRMATION CANDLE or STRAIGHT ENTER AT RETRACE
PRICE!!
ii.)If it is a normal candle bar ,WAIT the signal candle finished made up
------Condition 1: you need to wait the comfirmation candle is finished made up and
if the OPENING PRICE of the signal candle and OPENING PRICE of the
comfirmation candle are less or same with 10 pips>>>>>>STRAIGHT ENTER AT
THE OPENING PRICE OF THE COMFIRMATION CANDLES!!!
------Condition 2: you need to wait the comfirmation candle is finished made up and
if the OPENING PRICE of the signal candle and OPENING PRICE of the
comfirmation candle are more than with 10 pips>>>>>>WAIT comfirmation
candles made up and it must a retrace candle (at least 5pips or more,retrace more is
much better) >>>>>>>ENTER AT THE RETRACE PRICE
additional note:If the comfirmation candle not retrace wait the candle after it and it
must retrace before you can enter a trade!!!
iii.) If the signal candle is retrace candle >>>>>>> STRAIGHT ENTER AT THE
OPENING PRICE AFTER IT!!!
iv.) If the signal candle is opening price is exactly at EMA 10 price you can enter
straight !!!!
v.) Sometimes you can enter a trade just after the signal bar but measure the signal bar
is small (normally not more than 20 pips) this happen when the trend is strong
SELL: When the 10EMA crosses the 26EMA downwards and the EMA difference is 8
pips or greater.
IS OPPOSITE TO THE BUY TRADE
CLOSE EARLY: when the 5 candles after you enter a trade is straight shooting to
26 EMA YOU CAN STOP AT 15 TO 20 PIPS. If within the 5 candles the price is
already go up /down over the recent high just left it, DON’T DO ANYTHING.
FALSE TRADE:
1.)DON’T TRADE when the price is less than 28 pips to the weekly pivot .
2.)DON’T TRADE TWICE IN A ROW!!
3.)DON’T TRADE AFTER THE CROSS IS LESS THAN 2 HOURS!!
4.) Do not trade when the signal bar is come out was hammer or inverted hammer or SB
AND CM is show harami pattern!!
You can email me anytime
[email protected]
sorry for my poor English because English is not my native language!!
i just develop this system so i hope anybody here can help me to improve this system especially the stop loss level and take profit level!!http://cdn.forexfactory.com/images/icons/dollar.gifhttp://cdn.forexfactory.com/images/icons/dollar.gif
happy trading!!
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