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Old 02-24-2008, 09:42 PM
pipprinter pipprinter is offline
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Join Date: Feb 2008
Posts: 2
Default Applying a system

Hi everyone!

I've opened a blog in which I'm posting my signals and the results they gave me.
I know I'm not the only one doing so but still...

www.thecurrencytrader.blogspot.com

Pip.

I'm opened to any constructive comments !
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Old 02-25-2008, 09:26 AM
pipprinter pipprinter is offline
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Posts: 2
Red face The system...

Sorry guys !
I forgot to post the system I'm using...

There we go.....

The "Supercharged" System

The Supercharger is a mechanical system. In order to be profitable, this system is supposed to be used in a total carefree state of mind. You are not supposed to think using this. When a signal is triggered then a trade should be triggered as well. Some will be winners, some loser but on the Macro level (20 trades or more), the odds are on your side. The only variable left for your head is when to close the trade. It's up to you to decide when to get out. You should develop your own strategies about it. This system tells how I take my profits but I must admit that sometimes, I don't respect it.

The "Supercharged" applies to any currency pairs (I trade the GBP/USD)

* Trade on 15 min and 4h chart
* 5 EMA applied to the close
* 10 EMA applied to the close
* Stochastic (10,3,3)
* RSI (9)
* MACD Histogram

Trading Rules:

Trade the London Session

The 4H Chart

When a valid trade signal is triggered on the 4h chart, open a mini lot (10k) in the same direction. This trade will be the base of our system. If the trade signal is not valid. GO to the next step without opening a mini-lot.

The 15min Chart

When a trade signal in accordance with the 4h trend is triggered on the 15min chart, open a round lot (100K). This is the supercharge.

ALWAYS FOLLOW THE MAIN TREND ON THE 4H CHART

# RISK (stop loss) = previous peak or 30 pips

Entry Rules:

Enter a trade at the close of the signal candle ! Never before !

1. Enter long if:
* The 5 EMA crosses above the 10 EMA and both stochastic lines
are heading up and crossing the middle line
* RSI is crossing up
* MACD is crossing up (or negative, gaining value)

2. Enter short if:
* The 5 EMA crosses below the 10 EMA and both stochastic lines
are heading down and crossing the middle line
* RSI is crossing down
* MACD is crossing down (or positive, losing value)

# Exit Rules:

* Exit when stochastic hits extremes

* Exit when price hits a 00 or 50

* If the next 50 or 00 is too close, exit when profit=risk
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Old 02-26-2008, 08:53 PM
iluvforex iluvforex is offline
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Join Date: Feb 2008
Posts: 14
Default

Hey friend.. I just checked out your blog and experienced the pain you feel when your losing pips more than gaining them. I would really suggest you to go read the report in my sig. Since ive found that site ive been making real forex money ever since, just like ive been saying though.. make sure you are actually mentally prepared to make soo much money because even i experienced the shock at the huge returns the letter generated. Anyways good luck with what your doing and whenever you feel your ready to make big boy forex money go read the report
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I came across a review http://www.freewebs.com/forexreview4you which showed me the CNN's #1 rated secret edge that I NOW USE and honestly from finding that website my WHOLE LIFE has utterly changed so much that i will never have to worry about money so in my side time i help you by promoting that guys constantly updated review that changed my life. [b]FOR ANYONE WHO WANTS HIGH RETURNS CONSISTENTLY ON FOREX USING CNN's #1 RATED ONLINE OPPORTUNITY GO TO http://www.freewebs.com/forexreview4you
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