56# Skinny Dipper modified Trading System

Submit by Janus trader 08/04/2011

 

Pairs: all.

Time Frame: 15 or higher.

 

Indicators:

50 EMA;

15 EMA;

 

Long and Short Setups

a) A long setup is in effect for 1 bar only when the close is above both EMA's but below the previous bar's low.

b) A short setup is in effect for 1 bar only when the close is below both EMA's but above the previous bar's high.

Long and Short Entries

a) Long entry is 2 pips above the high of the naked down-close bar ;

b) Short entry is 2 pips below the low of the naked up-close bar .

 

Note: reentry wait the price touches 50 EMA with (15 EMA > or <EMA 50).

 

Long and Short Exits

a) Exit longs at 1 point below the initial protective stop, the breakeven stop, or the trailing stop. Exit on a limit order at the profit target.

b) Exit shorts at 1 point above the initial protective stop, the breakeven stop, or the trailing stop. Exit on a limit order at the profit target.


 

In the pictures below Skinny Dipper modified Trading System in action.

 

Share your opinion, can help everyone to understand the forex strategy.

Comments: 0

EMA Forex Strategies

25# EMA's Band Scalp - Forex Strategies - Forex Resources - 

4# Cross EMA - Forex Strategies - Forex Resources - Forex 

84# 5 EMA and 13 EMA Fibonacci Numbers - Forex Strategies ...

40# MACD, RSI, 50 Ema and Pivot Points - Forex Strategies - 

35# 100 EMA MultitimeFrame - Forex Strategies - Forex Resources

Ema Metatrader Indicator - Forex Strategies - Forex Resources ...

69# ADX, Parabolic Sar and three EMA - Forex Strategies - Forex

12# Ema, stochasticand RSI - Forex Strategies - Forex Resources

50# Williams % R , Stochastic and EMA - Forex Strategies - Forex

155# EMA CROSS RSI with Digital MACD - Forex Strategies - 

72# EMA's, RSI and Stochastic - Forex Strategies - Forex 

65# 100 'EMA and MACD “4H Strategy” - Forex Strategies - Forex

76# EMA's Retracement - Forex Strategies - Forex Resources ...

15# Ema Bands - Forex Strategies - Forex Resources - Forex ...

108# EMA's and RSI - Forex Strategies - Forex Resources - Forex

32# 4 EMA and Channel - Forex Strategies - Forex Resources ...

85# Ema's with Trading Range - Forex Strategies - Forex 

126# 200 EMA Forex Strategy – - Forex Strategies - Forex ...

9# 6-12 EMA's - Forex Strategies - Forex Resources - Forex 

96# EMA Cross - Forex Strategies - Forex Resources - Forex ...

6# Two Ema and MACD - Forex Strategies - Forex Resources ...

70# 3EMA'S - Forex Strategies - Forex Resources - Forex Trading

322# Channel 50 EMA two methods - Forex Strategies - Forex ...

83# 3 EMA's Forex Trading System - Forex Strategies - Forex ...