Hello everyone
This is my system :
http://i1221.photobucket.com/albums/...rader000/3.jpg
I use 3 moving average : 100,30,200 SMA. Moving average help me see trend when it will strong, weak or normal
I use donchian channel: it help me see support, resistance
I use chart pattern like harmonic patter… it help me see when the market may reverse
I use oscillator : it help me confirming the trend
My long entry rule:
When 3 moving average show uptrend : indicate up
When I see support on my donchian channel
When I see harmonic has a pattern show me a reverse: like the butterfly ….
When the obscillator is oversold on stockastick < 20 , when the RSI >50,
When the Macd indicate up
Vice versa with my short entry
Use my system you guys could entry 2-3 times a day . From Monday I will post all my live trade in this thread. You can see the time I post and compare to your charts (mean when I post in the room is also the same time I entry, it could delay no more 10 second) . So all trade will be taken in live time , there will be no bias or cheat . I will make around 100 live trades (in 2 months) . After 100 live trades , if you guys see it work, it will help you use my system more confident.
Something about my trading style:
I use fxpro as my broker on metatrader 4.
I always use stop loss for all my trade
My reward/risk always bigger than 2
Many trades you will see me take profit with only 1 or 2 pips but it does’t mean when I entry I expect to make 1 or 2 pips , it only because after I entry , thing do not move like I expected so I will take profit fast, for example: I entry short Eur/usd , I expect in 30 minute the euro will move 10 pips but after 30 minute the euro only move 2-3 pips so I must lockin fast or I will out with only 2-3 pips profit.
Thanks you for reading and thanks forexfactory open a great place for us trader come , exchange idea and help each other
This is my system :
http://i1221.photobucket.com/albums/...rader000/3.jpg
I use 3 moving average : 100,30,200 SMA. Moving average help me see trend when it will strong, weak or normal
I use donchian channel: it help me see support, resistance
I use chart pattern like harmonic patter… it help me see when the market may reverse
I use oscillator : it help me confirming the trend
My long entry rule:
When 3 moving average show uptrend : indicate up
When I see support on my donchian channel
When I see harmonic has a pattern show me a reverse: like the butterfly ….
When the obscillator is oversold on stockastick < 20 , when the RSI >50,
When the Macd indicate up
Vice versa with my short entry
Use my system you guys could entry 2-3 times a day . From Monday I will post all my live trade in this thread. You can see the time I post and compare to your charts (mean when I post in the room is also the same time I entry, it could delay no more 10 second) . So all trade will be taken in live time , there will be no bias or cheat . I will make around 100 live trades (in 2 months) . After 100 live trades , if you guys see it work, it will help you use my system more confident.
Something about my trading style:
I use fxpro as my broker on metatrader 4.
I always use stop loss for all my trade
My reward/risk always bigger than 2
Many trades you will see me take profit with only 1 or 2 pips but it does’t mean when I entry I expect to make 1 or 2 pips , it only because after I entry , thing do not move like I expected so I will take profit fast, for example: I entry short Eur/usd , I expect in 30 minute the euro will move 10 pips but after 30 minute the euro only move 2-3 pips so I must lockin fast or I will out with only 2-3 pips profit.
Thanks you for reading and thanks forexfactory open a great place for us trader come , exchange idea and help each other
