162# Trading System, SEFC Palato
SEFC PALATO DAILY STRATEGY
Submit by Ketang 15/07/2012
Timeframe: D1 (Daily)
Check all available pairs like USD/GBP etc. for the BUY/SELL Signal Arrow.
In daily timeframe every candle describes one day.
The arrow should be formed and should be there at the end of a day. You should not
trade on that day.
You should trade the next day only if the signal is still there, we enter a trade in the
direction of the arrow. You should enter the trade at the start of the new candle.
As per this system you should only enter one trade per currency pair that too if all the
above conditions are fulfilled.
You should not enter a trade if you do not see the BUY/SELL Signal arrow, wait for
arrow to form on another day or look at other currency pairs for the signal arrow.
Take Profit: 100 pips
Trailing Stop: 25 Pips
Stop Loss: Optional -> if set low of the signal arrow spike trailingstop only works if the trade goes minimum 25pips in profit, trailingstops are controlled by Metatrader, not your Broker!
If Metatrader is Shutdown, only a conservative Stoploss will work.
The system seems very profitable but no system is “perfekt” be careful and follow the rules.
In the pictures SEFC Palato forex system in action.
Share your opinion, can help everyone to understand the forex strategy.