106# The Boomerang Forex Trading System
Submit By Janus Trader
All entries are based off of the H4 chart; The H1 chart is only there to watch your trade a little bit more closely after you have placed it. This chart can be substituted with any time frame (lower than H4) of your choice, it is only there for reference. It helps if you have dual monitors or the similar, that way you don’t have to constantly flip charts.
Price must be ABOVE the EMA on H4 chart Price must be ABOVE the previous H4 bar’s median price
You then have the choice to be finish trading for the day or wait for the next H4
Price must be BELOW the EMA on H4 chart
Price must be BELOW the previous H4 bar’s median price
For Re-Entry only
PREVIOUS STOPPED OUT TRADE was a LONG TRADE
Position sizing and other details are the same as in a Long trade, just reverse.
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