Tuesday 16 March 2010

The Forex Profit System

With extracts from the article �The Forex Profit System�
In this tutorial, I will be going through how you can benefit from EMA and Psar �. This System Iam combined w/ ASI and Pip Boxer indicator

This System Works with all types of time frames & Currency


Setting :

Time Frame 1M and 5M ( I used 5m f/ scalping )
EMA 25, EMA 50, EMA 100
Parabolic Sar : .02 and 2 ( default )

Time Frame 15M, 30M, H1
EMA 10, EMA 25, EMA 50
Parabolic Sar : .02 and 2 ( default )

Window Indicator
Accumulative Swing Index / ASI
Pip Boxer Indicator period 14 or 7


Buy = Long When the EMA 10 crosses The 25 and 50 OR when the EMA 25 crosses The 50 and 100 � UP from the bottom
See.. the ASI indicator and / or Pip Boxer indicator on the bottom / below 25 %

Sell = Short : If the EMA 10 cross The 25 and 50 OR When the EMA 25 cross the 50 and 100 - Down from the Top, you go Short / SELL
See.. the ASI indicator and / or Pip Boxer indicator on the top / more than 75 %

MAKE SURE THAT WHEN YOU GET INTO YOUR TRADE THAT THE PARABOLIC SAR IS ON THE BOTTOM WHEN YOU GO LONG...AND ON THE TOP WHEN YOU GO SHORT


Exit Trade : The best Time to Exit a trade is when the price crosses back down all 3 EMA�s on the Chart�

Images 1. chart GBP/USD TF 5M


Images 2. Chart GBP/JPY TF H1



Happy Trading ! - SBUDIJ -

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