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307# The Freebie Newbie Trading System

 

Submit by Aussy (source)   23/02/2012

http://chatzy.com/FreebieSystemChat

 

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
5) 
Pivot & Mid Pivot Points(Any Pivots WILL WORK!)
6) Daily Range Calculator


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!

Freebie Newbie System
Forex Trading System
Freebie Newbie System.zip
Compressed Archive in ZIP Format [190.7 KB]
Download

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)