After being on the sideline in this forum for many years, and busy making money in Forex, I will present you a system that will make you money, if you are a desciplined and a patience trader.
The concept:
Prices constantly is in the process of pressurizing and depressurizing...the idea is to capture pips when prices are being depressurized.
How do we define prices are pressurizing:
The gap between 50-200SMA's > 50 pips
When do we know prices are depressurizng:
Using 15min. Heiken-Ashi chart, when prices close below/above 50SMA(with Heiken-Ashi confirming the trend)
Attached is the example of a short-entry.
Simple system, yet very powerful!
Best of luck....
==============================================
See post #29 (http://www.forexfactory.com/showpost...6&postcount=29) for another daytrading system I use.
The concept:
Prices constantly is in the process of pressurizing and depressurizing...the idea is to capture pips when prices are being depressurized.
How do we define prices are pressurizing:
The gap between 50-200SMA's > 50 pips
When do we know prices are depressurizng:
Using 15min. Heiken-Ashi chart, when prices close below/above 50SMA(with Heiken-Ashi confirming the trend)
Attached is the example of a short-entry.
Simple system, yet very powerful!
Best of luck....
==============================================
See post #29 (http://www.forexfactory.com/showpost...6&postcount=29) for another daytrading system I use.