Hello friends here on FF ,
my name is Almo and I trade for several years with some strategies that I developed , I want share with you one simple system that I also use with one of
my screens a very good strategy and its for the 15 min time frame.(my broker gmt is +2)
Rules:
we draw 2 lines on the main chart
1.yesterday high 2.yesterday low
we trade from UK session till one hour before UK close
if we have red news event 30min before and 15min after we ignore the signal
long position
1.price cross and close above the yesterday high,we do buy stop order 13 pips above the signal candle high we set the sl 10 pips below the signal candle
low and tp will be usually 20/30 pips
short position
1.price crossed and close below yesterday low,we do sell stop order 13 pips below the signal candle low and we set the sl 10 pips above the signal candle high
tp will be 20/30 pips.
now there is some more things to know ,
on the main chart I also added 4 small indicators that's help me to see very clearly support and res area's b4 we take trade we must think if we are
nearing S/R zone maybe better to wait also till it will break!
2.also added the Donchian Channel also help with the intermediate S/R BO issue and define if we in floating market
this two things we must consider b4 we take trade!
at the sub window chart (below the main) we have 3 indicators on one window RSI set to 9,Stochastic set to 18.1.1 and BB
1.for short RSI need to be below the 30 level Sto must be below the 20 both of them must pointing down
2.BB must show open mouth among them that tell us we have activity as well
that's all friends , please consider the S/R and respect them , follow the rules and trade time rules and success !
Almo.
Attachment Attachment
my name is Almo and I trade for several years with some strategies that I developed , I want share with you one simple system that I also use with one of
my screens a very good strategy and its for the 15 min time frame.(my broker gmt is +2)
Rules:
we draw 2 lines on the main chart
1.yesterday high 2.yesterday low
we trade from UK session till one hour before UK close
if we have red news event 30min before and 15min after we ignore the signal
long position
1.price cross and close above the yesterday high,we do buy stop order 13 pips above the signal candle high we set the sl 10 pips below the signal candle
low and tp will be usually 20/30 pips
short position
1.price crossed and close below yesterday low,we do sell stop order 13 pips below the signal candle low and we set the sl 10 pips above the signal candle high
tp will be 20/30 pips.
now there is some more things to know ,
on the main chart I also added 4 small indicators that's help me to see very clearly support and res area's b4 we take trade we must think if we are
nearing S/R zone maybe better to wait also till it will break!
2.also added the Donchian Channel also help with the intermediate S/R BO issue and define if we in floating market
this two things we must consider b4 we take trade!
at the sub window chart (below the main) we have 3 indicators on one window RSI set to 9,Stochastic set to 18.1.1 and BB
1.for short RSI need to be below the 30 level Sto must be below the 20 both of them must pointing down
2.BB must show open mouth among them that tell us we have activity as well
that's all friends , please consider the S/R and respect them , follow the rules and trade time rules and success !
Almo.
Attached File(s)
Almo's Strategy.rar
57 KB
|
1,347 downloads
Attached File(s)
1hr.tpl
120 KB
|
503 downloads
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Uploaded May 4, 2016 10:40pm
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