15# FX10 Trading System
MACD Histogram, RSI, Stochastic and Moving Averages
5 minute Chart Set-up
Description: An intra day trend following trading method, using the following indicators:
• 20 period SMA (Simple Moving Average)
• RSI (28)
Rules: Only take trades between 8AM-12PM EST and/or 2AM-4AM EST. Why? click here...
averages crossed up.
Try and take profits at or near key levels: Try and take profits at exchange rates
ending with 00, 20, 50, 80 e.g. EUR/USD 1.1980
Stop-Loss Level: discretionary
EUR/USD Buy signal and Sell signal [below]
In the pictures below FX10 Trading System in action.
15 Minute Chart Set-up
To set this method up with 10 minute charts, simply use the same rules above, but change
the indicator values to the following:
• 5 period WMA (Weighted Moving Average)
• RSI (14)
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