19# Action Trade Trading System
Submit by ForexStrategiesResources
This is a DoubleCCI Scalping System.
This Trading System is only for ECN Brokers Accounts.
Time frame: 1M.
Price: Bar Chart.
Kino T3 Ma Ribbon filled;
Kijun Tekan (default);
Fx Prime V Final;
Kino close under ribbon;
Long Entry Position:
Kino Close under ribbon, DoubleCCI With SMA and FXPrime is green.
No Trade Zone: Kino close under ribbon is yellow.
Profit exit: price toches SpudfFibo level, price crosses Kino T3 Ma Ribbon filled (27, 36)
Stop Loss: 8-10 pips and move to breakeven.
Compressed Archive in ZIP Format [1.5 MB]
1. When price rises from or falls out of all three zones at the same time (especially when they are very narrow and close together) it’s going to be a high probability trade. Price goes into black area. These are by far the best trade setups….. for the simple reason that there is no price rejection by one of the other ribbons !!!! Look at example in chart 1.
2. When price rises from TF1 ribbon and TF1 ribbon starts rising above TF5 and TF15 ribbons (Strong Uptrend), it’s very likely that this breakout to the upside will present more than one trade.
Most of the time two or three trades are possible here. The same goes for the opposite direction when price falls out of TF1 ribbon and TF1 ribbon falls under both TF5 and TF15 ribbon (Strong Downtrend)….. now check #Kino_CCI_RSI_v5 and look for more than 1 Short trade in a row.
3. When price goes from one zone (say TF1) towards another (say TF5) look for support or resistance on the edges. Look at Chart 2. Usually a zone can be entered by price when a zone is widening and price will be rejected when a zone is narrowing. When a Zone is very narrow resistance/ support will
usually be high, though price crosses with ease right at the center crossing of a ribbon (i.e at crossing
of ribbon lines of that specific TF ribbon. Most of the time this will be the case with TF1 Ribbon when this happens).
4. Trading in the space between Ribbon Zones (i.e. in black area) usually too presents good trade
setup possibilities when price is not (immediately) going to be rejected by a nearby Ribbon or a pivot, etc. The wider the black space between the zones the better the chances for a good trade setup….. yet always verify any trade at the same time with #Kino_CCI_RSI_v5 and strength of divergency.
5. Trading inside a wide opened zone (say TF15) is also possible, For instance when trading GBPJPY you will notice this zone quite often to be very wide. Now when TF1 ribbon has entered and price rises or falls out of TF1 ribbon…… and simultaneously TF5 ribbon being at sufficient distance for price not to be rejected….. price quite often will rise or fall to the other side of the TF15 ribbon. Example 4:
Trade starts inside TF15 ribbon on support of both TF1 and TF5 Ribbon.... read more on the pdf in attach....
! actiontrade v3.12- fx50 system 1 min (
Compressed Archive in ZIP Format [33.7 KB]
! actiontrade v3.12- fx50 system 1 min f
compressed file archive [2.8 KB]