Simple trading System for the new traders
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  1. #1
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    Simple trading System for the new traders

    Here I am giving you a very simple trading strategy. I hope for the new trader it will helpful. This strategy is based on moving average, MACD, CCI, PARABOLIC SAR. We need three EMA. EMA-5, 6 AND 35. And indicators are with default settings. Now you will go for the buy when EMA-5 and EMA-6 cross the EMA-35 to the top and MACD line is above the zero line and the CCI is not higher than 90. You will go for sell when EMA-5 and EMA-6 are under EMA-35 and the MACD is below the zero line and the CCI is under the 90 level. Use target 40 to 60 pipes and use stop loss 30 pips. Always use trailing stops 20 to 30.

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    Last edited by Gulfstream; 10-30-2015 at 05:09 PM. Reason: Red colour

  2. #2
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    Your risk and reward is good in this strategy, I have understand fully about your trading strategy but it would be much better if you will add some screenshots in your thread.

    There is no use of screenshots in it so it would create problem for newbies to understand this strategy. So please improve that at first, beside of it this is a good trading strategy moving average is a good indicator, risk and reward is good, and this strategy is better for trending market. Indicator's selections are also very good, but it will be better if you will use less indicator's, you can ignore parabolic sar,rest three are seeming better for this strategy.

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  3. #3
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    Hello friend, where are the screenshots, please check other member's threads and from there you can get a good idea that how you have to write in a thread, screenshots would make your contest very unique and impressive along with it, you will able to see a new status too in the forum. I want to one request that if you are creating any thread then please give your best to make your thread more valuable and informative.

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  4. #4
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    Quote Originally Posted by Khimi234 View Post
    Hello friend, where are the screenshots, please check other member's threads and from there you can get a good idea that how you have to write in a thread, screenshots would make your contest very unique and impressive along with it, you will able to see a new status too in the forum. I want to one request that if you are creating any thread then please give your best to make your thread more valuable and informative.
    Yes, i am in total support of your idea of asking the thread creator to help supply the screenshot of the trading system because this will help to present a very vivid and clear picture of what the trading system looks like and with this, it will not be too difficult to see how good the system can be or not.Just talking about a new trading system do not help much but when the picture of it is presented, then it stick more to the mind.Especially when we consider the kind of traders the trading system is expected to help which are the new traders.

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  5. #5
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    This is a good strategy and the last couple of lines shows that trader's are working with good risk and reward in this strategy, but I would suggest trader to make his management more stronger and try to focus on more much better risk and reward entries. As other member's are saying that there is lack of screenshots in your thread, so please update them soon as possible to make your thread attractive.

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  6. #6
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    Quote Originally Posted by Hukam View Post
    This is a good strategy and the last couple of lines shows that trader's are working with good risk and reward in this strategy, but I would suggest trader to make his management more stronger and try to focus on more much better risk and reward entries. As other member's are saying that there is lack of screenshots in your thread, so please update them soon as possible to make your thread attractive.
    yes, it is a good strategy for traders to make their money. and the risk to reward ratio on this is on the favorable side for the traders of this business. i like to use the management to make the success in a thing like this, and it can help me to grow my account in the good way.

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  7. #7
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    Quote Originally Posted by Hukam View Post
    This is a good strategy and the last couple of lines shows that trader's are working with good risk and reward in this strategy, but I would suggest trader to make his management more stronger and try to focus on more much better risk and reward entries. As other member's are saying that there is lack of screenshots in your thread, so please update them soon as possible to make your thread attractive.
    i really like your strategy but i do not support EMA cause its eat your account soon personally i used if before many time ago and i fell if you can follow good path then may be you can create your own strategy then may be you can achieve your goals but newbies never support this EMA its good for them to follow indicator like boiling band and RSI and also a support and resistance its help you a lot ....

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  8. #8
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    Quote Originally Posted by Hukam View Post
    This is a good strategy and the last couple of lines shows that trader's are working with good risk and reward in this strategy, but I would suggest trader to make his management more stronger and try to focus on more much better risk and reward entries. As other member's are saying that there is lack of screenshots in your thread, so please update them soon as possible to make your thread attractive.
    in starting this is the best indicators for newbie but not suitable for live account you must have to try this in your live account and then you go for a a live but i seen many traders who did not follow the proper rule in this field and they just finish there account and end of the time they just pack up all the thing so do not do that you have to follow the good rules...

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  9. #9
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    Quote Originally Posted by Hukam View Post
    This is a good strategy and the last couple of lines shows that trader's are working with good risk and reward in this strategy, but I would suggest trader to make his management more stronger and try to focus on more much better risk and reward entries. As other member's are saying that there is lack of screenshots in your thread, so please update them soon as possible to make your thread attractive.
    yeah you share with us a good strategy but the problem is many of newbie in there starting days they just try these type of indicators only they do not want to try an other or a good system so make sure u understand what i m saying and the other thing is you please give us a screen shot about this strategy as well,and yeah this strategy also i aply on my hart but not only this to work on forex...

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  10. #10
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    This is a typically bad trading system to me, and it is not simple as the thread starter claimed. How can I be seeing a bullish signal and will now enter the sell. It is not what I would do, I will always follow the right trading systems as I know the trading principles of the forex trading, and I will use the management to perfect the rest.

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