307# The Freebie Newbie Trading System
Forex Trading system for Freebie Newbie
Submit by Aussy 23/02/2012
Time Frame 15 min or higher
Currency Pairs:any
INDICATORS
1) Stoch (10,3,3,...Simple, Close/Close) or pick your own!,
2) Heiken Ashi (HA CANDLES!!),
3) ZZ Semafor,
4) ZigZag indicator
5) Pivot & Mid Pivot Points(Any Pivots WILL WORK!),
6) Daily Range Calculator indicator.
RULES:
SELL
Trade With The Trend
1) ZZ Semafor On TOP(Within 1-3 Candles)
2) Failed At Pivot
3) Stoch Crossed DOWN
4) HA Candle Closed RED
SL= Last High(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or Use Other Pivots(The Daily Range indicator will tell you what pivot to MAX PROFITS)
DONT BE GREEDY!
BUY
Trade With The Trend
1) ZZ Semafor On BOTTOM(Within 1-3 Candles)
2) Failed At Pivot
3) Stoch Crossed UP
4) HA Candle Closed GREEN
SL= Last Low(ZZ Semafor Dot)
TP= 1:1-1:4(risk/reward) or Use Other Pivots(The Daily Range indicator will tell you what pivot to MAX PROFITS)
In the picture the Freebie Newbie forex system in action.
Freebie Newbie Forex System
