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back to basic
Here my simple Trade..
TF: 30M GBPUSD
Indicator
1. Exponential moving average 50
2. MACD (8 15 9
3. RSI (14)
4. Stochastic Oscilator ( 10 5 5)
5. Daily Pivot Point
Trading rules Rules for Long trades
1 The price should be above the 50 EMA
2 MACD histogram should be above zero level
3 RSI should be above 50 line
4 Stoch should be above 50 line
5 Entry is above support line or a broken resistance line
6 Stop loss is below the closest/next support line
7 Target is at nearest resistance line.
Rules for short trades
1 The price should be below the 50 EMA
2 MACD histogram should be below the zero line
3 RSI should be below 50 line
4 Stoch should be below 50 line
5 Entry is below resistance or a broken support line
6 Stop loss is above the closest/next resistance line
7 Target is the nearest support line
just 1 trade every day.
yesterday i got $144 Live acc from EurUsd and GbpUsd
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Last edited by TRI NT; 06-20-2009 at 07:36 AM.
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