Strategies group ( 1 )

21.07.2014 08:00

Strategies group 1

 

Strategy 4

14.8.2014

 

Like many traders say good system is simple one an that`s why i`ll tell you one very simple.
This is......

- 1H (of 30MIN, but you will get more whipsaws) candlesticks/bar charts
- 18 EMA & 28 EMA (put them in red)
- 5 WMA (in blue) & 12 WMA (in yellow)
- RSI = 21

The 18 EMA & 28 EMA are two red lines who form a tunnel, these will help you to determine
the start of a rend and the end of a trend.
Long term

The 5 WMA & 12 WMA will show you when to enter a trend, they will also
help you to see the strength of the trends. Short term

Entry Signals
You should only open a position, when the red tunnel is extremely narrow or crossed !

LONG: 5 WMA & 12 WMA cross the red tunnel upwards.
If the 5 WMA also crosses the 12 WMA upwards, then the signal is extra strong.
RSI >50

SHORT: 5 WMA & 12 WMA cross the red tunnel downwards.

If the 5 WMA also crosses the 12 WMA downwards, then the signal is extra strong.
RSI<50

Exit Signals

Signals that show the end of the chosen trend

 

- Long: The price has reached a top and 5 WMA dives under 12 WMA
Close position

- Short: The price has reached a bottom and 5 WMA jumps above 12 WMA
Close position

Always close your position when boundaries of the red tunnel cross eachother
or when they become so narrow that they are one! This is a clear sign of a trend reversal.
After you see this, close your position and open a new position in the other way
(If you were long, close, open a short position)

When in a trade and the 5 WMA & 12 WMA cross the red tunnel ->
Pay attention! As long as the red tunnel boundaries doesn’t cross
eachother there is no problem, but often this is a sign that they will!"

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Strategy 3

6.8.2014

Yes, one look - one hit. A trader can decide on his/her trading plans by a simple 1 second glance at the chart. It is a very simple Forex trading system that is a pleasure to use for traders with a busy schedule.

 

Strategy requirements:
Time frame: 1 day
Indicators: 5 EMA, 12 EMA, RSI 21
Currency: ANY

Entry rules: Buy when 5 EMA crosses up and over 12 EMA and RSI is above 50. Sell when 5 EMA crosses down and below 12 EMA and RSI is below 50.

Exit rules: exit when 5 and 12 EMA cross again or when RSI crosses back through 50.

 

 

Since it is a daily system the logic behind it can be described as simply following the daily trend. Because EMAs are lagging indicators they actually help us in this case. The signaling EMAs' cross appears after a good pause which is just enough for the new trend (if any) to be established.

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Strategy 2 , formation 123

25.7.2014

And here we are again talking about the strategy that withstood the test of time. This Forex trading method is based on the same study of defining support and resistance levels and trading upon the fact of their violation. A trading setup requires only an open chart and no restrictions for the currency or timing preferences. Entry rules: Once the price makes it through the “pivot Line” - dotted white line on the figure below (drawn using the latest price peak) - and closes above (for uptrend) or below (for downtrend) the line buy/sell accordingly. Exit rules: not set. However, exit can be found using Fibonacci method; or traders can measure the distance between point 2 and point 3 and project it on the chart for exit. Additions: as an additional tool traders can use MACD (12, 26, 9). The rules for entry then will be next - let’s take a SELL order:

 When MACD lines cross downwards, you look for 1-2-3 set-up to form. When the price starts “attacking” the “pivot Line” you check that MACD is still in SELL mode (two lines are heading down). Once the price closes below the “pivot Line” – place Sell order.

Vstup podle formace 1 2 3 proražení vrcholu 2

 

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Same chart: MACD (12, 26, 9) is added.

 

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Strategy 1

21.7.2014

ERUSD 30min.

 

Current Forex trading system represents a well thought and very simple combination of indicators. Knowing what signal to look for with each indicator, provides a strong tip for good entries and exits.

Time frame: Any.
Currency: Any.
Indicators: 5 EMA, 10 EMA, Stochastic (14, 3, 3), RSI (14, 70, 30)

Entry rules: Buy when 5 EMA crosses above 10 EMA and Stochastic lines are heading north (up) and Stochastic is not in overbought position (above 80.00 level) and RSI is above 50.

 

Entry rules: Sell when 5 EMA crosses below 10 EMA and Stochastic lines are heading south (down) and Stochastic is not in oversold position (below 20.00 level), and RSI is below 50.
Exit rules: when 5 EMA and 10 EMA cross in the opposite direction or if RSI crosses the 50 mark again.

 

 

 

Advantages: allows filtering entries and thus is more accurate.  Disadvantages: 5 and 10 EMAs can give very early exit signals.

 

 
 

THE LAW OF CHARTS

 

Law_of_Charts.pdf (191745)

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Swing trading

 

Swing Trading-Market Surfing.doc (857600)

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