System-Forex.Info

This about past story, long time ago i meet someone in forum, sad the forum has closed, lets say he fans of Fibonacci. He always used Fibonacci method and met a success. He clarified 85% win ratio (if i not false), in 10 row he just got 2 or 3 false open position, but he always make the lose into profit. Until he shares the information of what exactly he's doing...


This method is simple 123 with Fibo and candle pattern (no indicator). So lets learn about this method.
# Find swing high and swing low.
# Draw fibonacci retracement, use swing high and swing low
# Find Spinning Tops candle at 50% area
# Find confirmation candle after that (BULL or BEAR)
# Make PRICE PROJECTION with fibonacci expansion. Use Swing High and Swing Low. First PRICE PROJECTION in FE 100 and Second PRICE PROJECTION in FE 161.8
# Take action After confirm candle (BUY or SELL)

That's it, 3 thing you must remember as your rule to trade

* Don’t trade if not find reversal candle
* Open 2 trade with same SL and different TP
* If one position hit first TP then move SL the other one to BEP +or- 10 pips (depends the action …BUY or SELL) if BUY move SL to BEP+10, if SELL move SELL to BEP-10. and wait till TP2 is HIT

This trade method with any time frame and any trend (sideway or strongtrend). Bigger TF Bigger TP Bigger Risk. Smaller TF smaller TP smaller Risk.

Example of trade open position :



Personally i like this method, simple and not much indicator...
Hope this information give you an inspiration.

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Like the title, this system need indicator Elliot Wave Oscillator, Moving Average and Juice.

Insert into chart these indicator :

1) Exponential Moving Average EMA (200), applied to a close, the color blue.
2) Exponential Moving Average EMA (50), applied to a close, the color red.
3) Oscillator Elliott Wave Oscillator.
4) indicator of the level of Juice 0,0004.

I already put the template inside the download package.

So the condition to BUY :

1) Price is above the 2 moving averages EMA (200) and EMA (50), and the trend is upward, as indicated by the intersection of bullish Moving Averages (red above blue)

2) Oscillator Elliott Wave Oscillator crossed its zero line and closed above it.

3) Juice indicator is above its level of 0.0004.

See the example BUY open position...




Also with the SELL :

Open a deal to SELL is when the following conditions:

1) Price is below the 2 moving average EMA (200) and EMA (50), while the trend is downward, as indicated by the intersection Moving Averages bearish (red below blue)

2) Oscillator Elliott Wave Oscillator crossed its zero line and closed below it.

3) Juice indicator is above its level of 0.0004.

Take-profit as set on the value of 100 points from the entrance to the market.

Stop-loss, respectively - 20 points, trailing stop - 20 points

The pair that best was EURUSD, you can try with other pair but be wise with the stop loss that depends on every pair.

Anyway... don't put too much indicator, it will cause dizzy of pain, mentality not stable, and chart syndrome...

Download all indicator and template : CLICK HERE

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Well this strategy is simple, i like to keep it simple, and been shares out there, you can find this strategy got names...

My opinion this '3 ducks strategy', they called it, whomever is the creator, not mine, is quickly give an information best possibility to buy or sell, the way is we keep stay in main trend and get jump in right time.

This strategy needs : 4-hour (H4), hour (H1) and 5-minute (M5). Also we we will use only 1 indicator forex, which is available in any MetaTrader MT4 - simple moving average Moving Averages with a period of 60 - SMA (60).

What is the strategy of "3 ducks" ?

The first duck - the first step.

To get started, choose the 4-hour chart. We need to find a situation where the current price in the chart below is a simple moving average SMA (60). The situation we find an example - this allows us to predict the course of events in the market.




Step number 2 or the second duck.

At the H1 chart, we need to find a confirmation of information from the price schedule, ie, a simple moving average SMA (60) in this interval should also be placed over the price. If it proves that the current price in the chart above moving average SMA, we should not jump to the next stage.



Step number 3 or the third duck.

So, we see that the 4-hour and 1-hour price price moving average is below 60 SMA. Now we need to change at 5-minute chart and to wait when the price crosses the average of SMA (60) from top to bottom.

The deal could conclude as soon as the intersection of Moving at the interval of M5, but for additional confirmation is better to wait until a puncture on the M5 down past the minimum price. This would mean that at all three time-frames under consideration price is below the simple moving average, it is “3 ducks” are moving in one direction.

In this case (Sell), i simply say... its better if we wait the price crossed SMA (60) the 5-min from bottom to up then wait the price goes back, crossed again from up to bottom, its a counter to Sell. Or when the price goes bounce from SMA then its time to Sell. I think we must jumped right in the time...



Stop-loss strategies for forex “3 ducks”:

You have options:

* If you are a short-term trader, you can place your stop-loss insurance on a High/Low 5-minute or High/Low hourly price.
* If you are a position trader and trading in the medium, then perhaps you’d like a top stop-loss over the last maximum 4-hour price.
* Even in the same option - you can use a fixed stop-loss insurance size 25-30 points from the entrance to the market.
* In any case, for greater security and protection of its profits recommend using trailing stop with the sale (its size depends on the time interval and the volatility of currency pairs - 10 to 50-70 points).

Profit, you can trail stop/level or set to expand Fibonacci or take at Daily High or Low or maybe Swing High or Low. Up 2 you... as long never let your green into red.

For trading positions in the long side (for buying) - need to seek out cases where the price is above the simple moving average - 60 SMA at all 3 time intervals.

To select the best trade in the following currency pairs: EURUSD, GBPUSD, but it is possible that you can also work on the other currency pairs. Also, the best time to trade is the European and American trading session.

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