Smaller time periods may require smaller RSI and MA numbers. Tkimble

Part Time Wealth Building Trading System

Make certain the RSI is below 50, not equal to 50. Otherwise, you nailed it...

Part Time Wealth Building Trading System

The instant they cross. You can actually set a market entry order at the current high or low moving average price but this would require a constant updating of entry orders. Just as easy to execute a market order... Happy trading... Tkimble

Part Time Wealth Building Trading System

I have added an example of what the multiple 50 min filters (high, low, close) should look like. Notice that the previous 5 SMA is gone together with the 5 PIP trade execution rule. This seems to be a reasonable response to all the great feedback. ...

Part Time Wealth Building Trading System

Use the Close moving average as an emotional trade indicator. The signal would be the actual crossing of the top or bottom average. I am very big on the psychology of trading. My trading style needs something to get me ready to execute a trade. The ...

Part Time Wealth Building Trading System

Additional Filter Added to Reduce WhipSawing — I have added a whipsaw filter to minimize the whipsawing that that seems to be incompatible with some trading styles. The filter is very simple. In addition to the system I have described at the ...

Part Time Wealth Building Trading System

Link to thread per your request... http://www.forexfactory.com/forexforum/showthread.php?t=10511 Tkimble

900 PIP Gain In 9 Days...

Link to thread: http://www.forexfactory.com/forexforum/showthread.php?t=10511 Tkimble

900 PIP Gain In 9 Days...

OK. Thanks...

Part Time Wealth Building Trading System

I do not know what you mean by a "Coder" but no real coding is necessary. The indicators for this system are standard for virtually all charting systems. I personally use the following link for all my charting needs... ...

Part Time Wealth Building Trading System

Great question. All trend following systems will incur flat period when money is tough. For this particularly example, the same system would apply. You would take the short signal whenever the 5 SMA fell 5 or more pips below the RSI and the RSI was ...

Part Time Wealth Building Trading System

Depends on how far apart the 5 SMA is from the 45 RSI. Currently it is far apart and on Monday I will strat checking it may once an hour until the price begins to approach the 45 RSI, then I am watching it every 15 minutes before and for 1 - 2 hours ...

Part Time Wealth Building Trading System

This is a perfect question as to why I do not publish results. The 30 min chart works for me and my temperment. I am certaion that this system would work for other time frames but my temperment wants me to trade the 30 min chart. Great question...

Part Time Wealth Building Trading System

Yes. RSI provides the technical trigger between executing a trade or not. I understand what you are saying but I am a 100% mechanical trader and discipline is what separates average from better than average. I stick to my system regardless of what ...

Part Time Wealth Building Trading System

The RSI will always cross back soon using a 30 min chart. Besides, if you are riding a trend that long you are enjoying one big profit. I also never add or subtract from my position. Hope this helps, Tkimble

Part Time Wealth Building Trading System

Sorry for the confusion. Not in the CHF/USD market. Simply wanted to show that the system works well in different markets. I only took profit in tht GBP/USD market...

Part Time Wealth Building Trading System

Related Thread: Part Time Wealth Buidling Trading System — http://www.forexfactory.com/forexforum/showthread.php?t=10511 Part Timie Wealth Building Trading System

900 PIP Gain In 9 Days...

900 Combined PIP Gain In 9 Days and Still Going — The USD/CHF and the GBP/USD have in combination produced over 900 profit PIPs gain as I type since the 17 nov 06 signals with the system that has been promoted. This demonstrates that power of ...

Part Time Wealth Building Trading System

I do not listen to the news. I only watch the price becuase ultimately all news is translated into price action...

Part Time Wealth Building Trading System