Showing posts with label forex profit system. Show all posts
Showing posts with label forex profit system. Show all posts

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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