440# XPS 7 Intraday System
XPS 7 Trend Following Intraday System
Submit By joy22 03/08/2014
XPS 7 Intraday System is an trend following system, the main feature of this forex strategy is two setup for trading conservative and aggressive.
Time Frame 15 min or 30 min.
Currency pairs: majors ( EUR/USD, USD/CHF, USD/CAD, GBP/USD, EUR/JPY, GPB/JPY, USD/NZ ) and Futures (S&P 500, Nasdaq 100, DAX and FTSE).
Session London and New York.
Moving Average (4, simple,close);
Moving Average (16, exponential close);
Moving Average (96, exponential close);
SDX TZ Pivots,
Arrow= EMA 13, EMA 21, RSI 9.
XPS V7 QQE Alerts ( SF 4, RSI 2, WP 1.236, Upper Bound 60, Lower Bound 40).
XPS 7 Intraday System trading rules
Trade only in the direction of the trend. The trend is determinated by Ema 96.
Open 4 chart at 15 min, Open 6 Chart at 30 min.
Price Above MA ( 4EMA>16>96EMA),
XPV 7 Dodger Blue Bar.
Price Above MA ( 4EMA<16<96EMA),
XPV 7 Gold Bar.
Exit at opposite arrow or at the SDZ TZ Pivots Level.
Initial Stop loss at the previous swing.
This is great
Open 4 chart at the 15 min or 30 min time frame.
Trade only in the of the XPS V 7 with fast profit target.
Buy Arrow confirmed by XPV V 7 that crosses upward with dodger blue bar.
Sell Arrow confirmed by XPV V 7 that crosses downward with gold bar.
Exit position at the firs level of the SDX TZ Pivot or fast profit target that depends by timre frame and currency pair.
What' s the difference between aggresive and conservative ?
Ok, In a sideways market the conservative approach has less losses than the aggressive and the position is more manageable.
Advantage of this trading system (conservative trade) it's simple and also for beginners.