It is a system I've developed and used since 2010 with constant success.
The system relies on the
Buying and selling Made Simple (TMS) system, including my very own indicators and buying and selling fashion.
Most of this methodology is due to
Eelfranz whose
Buying and selling Made Simple (TMS) thread allowed me to achieve success at this sport of buying and selling. His and
Phx62s posts have helped me realise and develop this fashion of buying and selling.
As requested I've began a brand new thread in order to not pollute the TMS thread with this variant. I cant all the time replace it but when the curiosity is there'll achieve this when i can.Chart setup is just about a TMS setup with the addition of MACD and 4 x Semaphore indicator.
Connected Picture (click on to enlarge)
Guidelines:-
Commerce between London Open and New York shut.
Take revenue is half ADR (Common Day by day Vary)
Works on any pair and any timeframe I personally do not commerce beneath 1HR.
Anticipate candle to shut earlier than making entry or exit resolution.
Do not enter commerce when pink information imminent.
Entry:-
When dot on 4 x Semaphore seems (an alarm will be set) along with a change of APB (Common Worth Bar) color, enter commerce in that course.
Affirmation:-
After entry verify TDI and search for Inexperienced crossing Pink. If it does, stay in commerce and you'll doubtless be in revenue. If it doesn't cross or inexperienced bounces off pink then its doubtless commerce wont be worthwhile and exit as quickly as you may, in revenue if doable or abdomen a small loss.
Exit:-
I exit a)If half ADR (Common Day by day Vary) is hit, and/or b) if new semaphore dot has fashioned c) and/or pink information is due and/or MACD has modified course or is stage at shut of candle stage.
A++ Trades:-
Commerce away from yellow semafor solar 3. Enter if candle retraces 50%, TDI crosses or bounces, APB modifications color. Maintain till new peak is fashioned on MACD by 0.
That is just about it.
The extra you apply and watch when these dots type the extra you'll perceive worth motion, help and resistance, pattern and different Foreign exchange fundamentals.
No person is aware of what worth will do subsequent however 9 occasions out of 10 when a brand new dot varieties and worth goes the opposite method it would proceed till a brand new dot is fashioned.
If there may be additional curiosity will publish some trades after I can and reply any questions.
The symptoms are all out there right here or elsewhere on the web and if you would like extra on TDI go and verify the TMS Buying and selling Made Simple threads right here.