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Old 16-03-2012, 14:28
Husanboy Husanboy is offline
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Join Date: Mar 2012
Posts: 2
Default Re: Profit All Day...(a.k.a...Child's Play)

Quote:
Originally Posted by wades-world View Post
Copied from the FF thread- it is called 'Profit all day':
Why I like this system, -It's solid and works on the 5, 15, 1H, 4h, and daily time frames.-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.
System, EMA's, 3,5 and 13 cci, 24 period fixed minimum of -350 and a maximum of 350 cci levels -90, 90
Sell entry on 5 minute. break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.
Tp and SL. SL is 3 pips above the last highest high. TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.
What is the lowest low? It's when the current candle has at least 2 candles before and after that are higher then it itself.
Buy entry on 15 minute.break of the last highest high. check next highest time frame which is 1 hour to see if there is good spacing between the EMA's heading downward. I do not confirm trades on the 30 minute time frame. If there is good spacing and EMA's are heading down then you have a great entry.
Live results please?!
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