51# 10 Pips A Day Trading System

Submit by joy22


Timeframe: 1-hour.

Currency Pairs: all.

In this system, we use 3 indicators:

1. 5-period Exponential Moving Average (EMA 5) applied to the Close.

2. 12-period Exponential Moving Average (EMA 12) applied to the


3. 21-period RSI (RSI 21)

Entry Rules for Long Trades:

It’s simple. We enter a long trade when EMA 5 crosses EMA 12 to the

upside… AND our RSI 21 > 50.


Entry Rules for Short Trades:

Enter short when EMA 5 crosses EMA 12 to the downside.

AND RSI 21 < 50.

Stop loss = 20 – 30 pips… depending on the volatility of the currency pair. For more volatile pair, like GBP/USD, stop loss = 30 . For less volatile pair, like EUR/USD, use stop loss of 20 pips.

Timeframe: 1-hour

Exit Rules for Long Trades:

Exit the trade when EMA 5 crosses back below EMA 12

Or when RSI 21 < 50.

Or when price stalls at major resistance, trendline, pivot points,

Fibonacci projection target.

Or when bearish engulfing patterns or inverted hammer patterns form.

Exit Rules for Short Trades:

Exit our short trade when EMA 5 crosses above EMA 12

OR RSI 21 > 50


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