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

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Freebie Newbie System
Forex Trading System
Freebie Newbie System.zip
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