THIS INDICATOR SIMPLE AND EASY TO USE AND ALSO PROFITABLE
It's simple
--------How do I use this system--------take a look at the TF D1; H4; H1; M30; to see the TREND,
and use 3 TF ( M1;M5;M15 ) – M5 as a main TF.
main indicator in this system is T3MA
T3MA 5; 7; 9; 11; 13 ( blue ) – confirmation area that the direction will change or not – also used as exit area.
T3MA 15; 17; 19 ( green ) – OP trade area.
T3MA 21; 23; 25; 27; 29 ( red ) – barrier area also used as a trend.
OP trade ( buy ) if clear closed candle in green area in TF M5 – also check in TF M1 that the candle ( price ) is go UP ready.
OP trade ( sell ) if clear closed candle in green area in TF M5 – also check in TF M1 that the candle ( price ) is go DOWN ready.
-----Or-----
OP trade ( buy / sell ) if T3MA 5 cross T3MA 13
SL if the clear closed candle cross back on T3MA 13
Exit if T3MA 5 cross T3MA 9
Show me the money
SIMPLE INDI
Posted by forexglory at 12:23 PM 1 comments
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Vynner Swing Technique
This is another 4H technique i used before I’ve found my own swing technique. This technique and tlatomi trading method had gave valuable contribution to the development of my own swing technique.
I take “Vynner” from the name of the person who originally created and published this technique. Since June 2006 it gives 250 pips a month in average. Since this is a swing technique, it will only give one or two trade a month.
What interesting me at the first time i read this technique was that it use 50 pips stop. While each trade potentially gives more than 100 pips profit. What a good risk-reward ratio.
Below are Vynner Swing Technique details:
Things you need:
1) Daily Chart on GBP/USD
2) 4 hours Chart on GBP/USD
3) Slow Stochatics (13,5,5) on both charts
4) EMA 4, EMA13, EMA50 on the 4 hours chart
Look at 4 hours chart
Entry:
When the EMA4 first cross the EMA50 follow by EMA13 cross the EMA50, with a new open candle, place your entry with a stop loss of 50pips.
Exit :
When EMA4 reverse and cross the EMA13 on the next open candle.
For Filter look at Daily chart
Valid Long Entry:
Slow %K above Slow %D on the Daily Chart
Valid Short Entry:
Slow %D above Slow %K on the Daily Chart
This technique work best on GBP/USD.
Below picture showing valid Long Entry
Posted by forexglory at 6:29 PM 0 comments
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