402# ZMFX Forex Trend Trading System

Submit by Djangos 01/10/2012   

(source:www.zoominforex.com)

 

Time Frame 1H or higher

Currency pairs: 8.

Trade only in direction of the trend.

 

 Arrow descriptions:
LIME
 arrow - extreme Bullish trend.
GREEN 
arrow - simple Bullish trend.
FIREBRICK
 arrow - simple Bearish trend.
RED 
arrow - extreme Bearish trend.

Forex Trend trading

EMA simple trend appears when EMA1 >/< EMA2 and EMA3 is conflicting.
Stochastic extreme level over 80 and below 20. Simple - above/below 50.
CCI levels: 100, 0 and -100.
RSI levels: 65, 50 and 35.
MACD extreme bullish when above signal and above 0 level. Simple bullish - above 0.
MACD extreme bearish when below signal and below 0 level. Simple bearish - below 0.

Strategy

Indicators:

ZMFX

Angrekkajjinka

Fibonacci Pivot

 

open daily chart and trade only currency pairs in trend all arrows are green or red,


In the pictures ZMFX Forex Trend forex system in action.

 

 

After open h1 chart and trade only in trend direction.

 

Exit position

Place Stop loss on the previous swing.

Profit Target:

  1. ratio 1,5 (example if stop loss is 10 pips , profit target is 15 pips);

  2. Fibonacci Pivot points levels.

 

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

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