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Attachments: Crosses, bounces and curve fitted indicators
Exit Attachments

Crosses, bounces and curve fitted indicators

CURRENT EXAMPLE
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M15]_2013-03-11_19-27-12-REVISION.png Size: 105 KB
Let it turn and find your entry.
ONE MORE EXAMPLE
Attached Image (click to enlarge)
Click to Enlarge Name: [AUDJPY,M15]_2013-03-11_19-36-29-REVISION.png Size: 95 KB
Let it turn and find your entry.
RULES

Previously I'd made the decision to stay with 96MA and 24MA in M15 and that decision has stuck with me.

The rules are very simple now just follow the trend when 96MA is bullish BUY WHEN:
(1) PRICE CLOSES ABOVE 24MA and
(2) RSI PRICE LINE CROSSES THE TRADE SIGNAL LINE (6MA)

OPPOSITE FOR SELL
Let it turn and find your entry.
IN PANORAMA
Attached Image (click to enlarge)
Click to Enlarge Name: [AUDJPY,M15]_2013-03-11_19-49-26-IN_PANORAMA.png Size: 100 KB
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EASY EASY

You just have to wait for 96 and 24 to align and shoot
Attached Image (click to enlarge)
Click to Enlarge Name: [AUDJPY,M15]_2013-03-11_19-57-50-UP_AND_DOWN.png Size: 117 KB
Let it turn and find your entry.
ALIGNMENT

I mean align with RSI
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KISS

One drawback with all trend following systems is that you can get blindsided when the trend changes but you have to be nimble and move with the tide.
If you get stopped out, wait for the next valid signal and take it, you will be profitable at the end of the day or week.
Let it turn and find your entry.
TEMPLATE
Attached File(s)
File Type: tpl cs n bs m15.tpl   97 KB | 113 downloads
Let it turn and find your entry.
COUNTER TREND

There are opportunities for counter trend trades but to be taken with caution
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M15]_2013-03-11_20-11-07-BUY_AND_SELL.png Size: 106 KB
Let it turn and find your entry.
USE WITH CAUTION

LOSSES are an integral part of trading, embrace the risk or you'd struggle with trading.

Please do the required work, BACKTEST,BACKTEST AND MORE BACKTEST, then you can confidently use any system.

Cya soon!
Let it turn and find your entry.
ADR BOUNCES

I mentioned Bounce-off ADR in my list of Bounces here's a recent example Today's EURJPY move.
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M15]_2013-03-12_13-11-29-ADR_BOUNCE.png Size: 105 KB
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GOLDEN

Any gold traders in the house?
Attached Image (click to enlarge)
Click to Enlarge Name: [GOLD,M15]_2013-03-12_17-36-21-GOLDEN.png Size: 85 KB
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M5 TRADING

I like the M5 time frame for the multiple opportunities for entries and exits especially when it's trending.

Today was that kind of day.
Attached Image (click to enlarge)
Click to Enlarge Name: [EURJPY,M5]_2013-03-13_16-29-43-MULTIPLE_ENTRIES.png Size: 111 KB
Let it turn and find your entry.
  • Post #154
  • Quote
  • Last Post: Mar 13, 2013 12:37pm Mar 13, 2013 12:37pm
M5 TEMPLATE

Here's the template for M5 time frame
Attached File(s)
File Type: tpl cs n bs m5.tpl   97 KB | 140 downloads
Let it turn and find your entry.
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