HERE IS ONE OF MY MANY SYSTEMS THAT I USE WITH GOOD SUCCESS AND THE BEST PART IS IT IS NOT COMPLICATED
INDICATORS:
1. 100 or 150 or 200 EMA OR SMA (its your job to find which works best for you)
2. RSI(3) with levels 80 and 20 OR 85 and 15 (80 and 20 produces more signals and thus more fakeouts while 85 and 15 produces signals and thus again less fakeout)
3 STOCHASTIC OSCILLATOR (5,3,3) OR (6,3,3) OR (7,3,3) OR (8,3,3) {again which ever works best for you}
Time Frame: 5min : not for me maybe for you...
15min : i like it
30min : its nice
1hour : good
4hour : great
DAILY: awesome
Monthly: HOLYGRAIL!!! lol jusk kidding
(yes it does produce fantastic signals but i don't wanna wait year or years for one signal but i would like to tell you one thing for those people who wanna make money really fast this is best time frame it will give you odds better than a casino but you will have to invest all of your money cuz average stop loss 600 pips while aveerage take profit was 2000 pips so this is for the "get rich quick" crowd)
Now back to the point
CURRENCY PAIR: ANY
Will post the rules a little bit later if there is any interest in this thread
also i am managing a open EUR/USD position at the moment...
in the meanwhile you can load the indi's on the chart and try to guess what this system is all about and yes its not my original system i learned it from someone else
back in a hour...
INDICATORS:
1. 100 or 150 or 200 EMA OR SMA (its your job to find which works best for you)
2. RSI(3) with levels 80 and 20 OR 85 and 15 (80 and 20 produces more signals and thus more fakeouts while 85 and 15 produces signals and thus again less fakeout)
3 STOCHASTIC OSCILLATOR (5,3,3) OR (6,3,3) OR (7,3,3) OR (8,3,3) {again which ever works best for you}
Time Frame: 5min : not for me maybe for you...
15min : i like it
30min : its nice
1hour : good
4hour : great
DAILY: awesome
Monthly: HOLYGRAIL!!! lol jusk kidding
(yes it does produce fantastic signals but i don't wanna wait year or years for one signal but i would like to tell you one thing for those people who wanna make money really fast this is best time frame it will give you odds better than a casino but you will have to invest all of your money cuz average stop loss 600 pips while aveerage take profit was 2000 pips so this is for the "get rich quick" crowd)
Now back to the point
CURRENCY PAIR: ANY
Will post the rules a little bit later if there is any interest in this thread
also i am managing a open EUR/USD position at the moment...
in the meanwhile you can load the indi's on the chart and try to guess what this system is all about and yes its not my original system i learned it from someone else
back in a hour...