FREE FOREX STRATEGIES

Forex trading strategy #5 (5x5 Simple system)


Just look what this trading strategy has to say. It's a simple yet quite promising Forex trading method. Trading strategies like this can only be discovered through a long and determined observation of the price behavior.

To start:
Currency: ANY
Time frame: 1 day
Indicators: 5 SMA, RSI 5


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Mr.Edward revy this system is fantabulous and very profitable.
I am making nice profit every week using this system and i want to tell you that it is because of people like you who have such a big heart to share their knowledge with novice people like me that we get chance to make profit in the financial markets. I want to thank you for developing this system.

Happy trading,

Regards,

Arsalan

Dear Edward;

You Absolutely truly Awesome & Amazing, this is 1 of the most simple but Very2 powerful & PROFITABLE Forex Trading System has been revealed. You did a good Job Edwards, Keep in a good work.

All The Best;

Manus168

Dear Edward;

Yesterday is the time to put this system in a real world trading (Sometimes we must run when we are walk - Tony Stark/IronMan), i saw in Daily charts at my Platform has fullfiled so i entered Short Position for EUR/USD, now as we look for this day now floating Plus +138 Pips, when EUR/USD catch 1.3330 i'll take half of my position (Previous 5 ATR from my Entry - Bill Poulos) & the rest will be Trailing Stops Previous 3 days + Spreads.(maybe i considered want to move Stop Loss to Breakevent after i take half of my profits).

Btw too soon to say anything for this, but as long as far i tought this system looks great & work in a real world, Less stress, less work (just only needs 5 - 10 minutes), Less Emotion, & Good trading Way because if we trade in Daily Charts, we did like all the "Big Dogs" or "Big Players" did.

EURUAS daily Forex

Regards;

Manus168

I always Trade with real account & the Demo Account in the side, the resulted i get is: more profitable if we enter at 05:00 WIB (Market USA Closed)then used Oanda Charts (base at 11:00 WIB)you can look the different result at the screenshoot bellow.

Btw i gave a little bit twist for 5x5 Simple System = Choppyness Index Indicators with 50 Value at Daily Charts. Here's the Download link:http://www.4shared.com/file/66618828/e836e782/Chopiness_Indeks_ex4.html

(Or download here: Choppiness index 2.ex4)

How to use Choppiness Index:
1. If the Line above level 50 it means Market is Choppy/sideways so we don't enter or we can enter with ranging bound trading system.
2.If the Line Bellow level 50, it means the market is becoming Trending again, so we can take all the signals given by SMA 5, WMA 55, & RSI 5 as like the rules we got.

here's the screenshot:

Choppiness indicator Forex All The Best;

Manus168

Upps i forgot di Green MA is SMA 150 By Closed. Thanks.

Regards;

Manus168

Never heard about such indicator before. Thanks Manus!!

Which pairs have people been having the best results using? Any pairs you do NOT suggest using?
Thanks,
Nick

As we know; EUR/USD have a good characteristic to trade with Technical Analysis stuff; so i don't know any pairs (because i trade only in EUR/USD pairs, sometimes EUR/JPY pairs), but i believed this system can be good too for other pairs too.

Regards;

Manus168


 

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