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

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

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