429# Easy Day Trading Strategy
Day Trading Strategy wit ss short term indicator
Easy Day Trading Strategy is based on two indicators: SS Short term trends and SS Early alert arrows.
Let's start with the best times to trade. Granted the forex
markets are opened 24/5 but we want to trade when there is a
good amount of volatility and these times are as follows. I will
use Eastern Standard Time and you will have to translate it to
your time where ever you may be. You are free to trade when
ever you want but to achieve the results we've talked about on
the site, you need to try and trade during one of these time
frames. The best is #1 and then 2 and 3 in that order.
1. New York session – anytime from 1 hour before the market
opens until a couple of hours after. Appx. (7 am EST to 10
or 11 am.)
2. London session – from about (2 am until 5am EST.)
3. Asian session – about (6 pm until 9 pm EST.)
If you can trade sometime in sessions 1 or 2...Great. If not, you
will have to settle for 3. Now everyone's risk appetite and greed
factor is different. First let me tell you, it's important to conquer
greed as I mentioned on the website. It will ruin your trading
experience in the long run. I personally trade this system most
every day and I trade a standard contract never risking more
than 10% of my account at any time. I use a stop/loss of 10 pips
and a take/profit target of 20 to 30 pips. I use the bonus program
that I sent you when I trade. For my wife and I, we don't need a
whole lot so if I win my first trade which I normally do, I'm done
for the day unless I really have nothing else to do. For me $200.
to $300. a day is fine. On the other hand, there is nothing wrong
with going for more if you so desire because during our
suggested trading period, there are usually 2 to 3 good trades or
most of the single trades, if you monitor and let the indicator tell
when to get out often times produce more than 20 or 30 pips. It
all depends on you and your situation. Just keep the greed factor
under control. Now I'm going to explain to you with the help of a
chart exactly where to enter and exit a trade especially if your
going to keep an eye on your trade and exit manually.
O.K. Here we go : First of all the yellow arrows and text are not
part of the system. They are there for illustration purposes. See
the first aqua arrow pointing up on the bottom. This is our alert
that a possible trade is coming up. The arrow will pop up on
your chart and an audio and visual alert box will pop up. So you
can see that you could be doing other things on your computer or
just close by. This alert was almost a half hour before our buy
signal. You can see your S.S. Short trend has turned blue, it's
heading upwards and it crossed the magenta line going up. We
jumped in at the opening of the first candle after the lines
crossed indicated by the yellow arrow and “buy here” We
immediately place a 10 pip stop/loss and a take profit to your
liking or keep our eye on the trade. This trade made 60 pips in
20 minutes and went on to make another 38 if you let the system
tell you when to get out which was when the orange down arrow
and alert popped up. 98 pips, $980. on a standard contract and
$98. on a mini...all in less than an hour. This trade took place at
2:30 am EST which is about 30 minutes after the opening of the
London session.
Jon (Wednesday, 14 November 2018 02:17)
This information is great but if you could please change it to a regular font that would be very helpful.
Rafi (Sunday, 22 April 2018 07:33)
Which pair is suitable for trading in this system?
Trevor (Wednesday, 11 April 2018 16:01)
Hi
I don't have the blue line on my template.
Please can you help me get it on there?
Thanks
Boelldar (Friday, 24 November 2017 08:49)
I really like it! Added on M5-chart ma 48 and ma 288 for trend h1 + h4 + daily pivot. Qualitiy > Quantity.
Thanks admin + creator
AYATULLAH KABIR (Friday, 20 March 2015 05:24)
SS SHORT TERM TREND IS A VERY GOOD INDICATOR.
tomi (Sunday, 15 June 2014 17:17)
the magenta line is ema 5 , shift 5.
marcelo (Saturday, 31 May 2014 22:22)
indicador magenta pasta tpl !
Jeike (Wednesday, 21 May 2014 23:03)
Thank you for the idea. There is no Magenta indicator. What are the properties of the magenta line?
Thanks