KALENDER

Sunday, December 11, 2011

Super Simple System (S3)


Hey fellow traders
Welcome to my thread
Here I am going to show you the very easy way of trading that won't need much thinking but just executing. If you follow my rules then you will be on your way to making a lot of pips and become a very very profitable trader.
This thread is very very similar to the Trading made simple but here we are looking at specifics and wont be trading any cross on the TDI, which is very important because as traders we want to keep the pips we make without giving the market back the pips.
Everyone will be welcomed to this thread, we must all work together as the S3 Team. Fighting will not be allowed on this thread.
This thread is dedicated to BIG E for he showed me the way to profitable trading.
just as Big E said I request all you traders out there that will be following the S3 method to get yourself a huge wheelbarrow to load all those pips you going to be making.
Before you start reading this thread you should read babypips to get the basics about forex.
Our pip target for the month will be around 1000 pips per month which will be around 50 pips per day.
With the system you about to learn , it would be easy to make that amount of pips per month.
Guys I am a full time trader and use these 2 methods , So i have full faith in them
So lets get pippin guys.

This thread is dedicated to Big E (my mentor)

Trade Plan for the 1H TF for E/U


- Time frame = 1 H
- Pair = E/U
- Times = London opening and new york opening (You can trade any cross but the signals at these times work 70% to 80% of the time)
Indicators = Synergy bars , TDI , 4EMA shift 2

1. Mark the 6:00(london) and 12:00(new york) on your platform with vertical lines when you open your chart
(the times might be different on different platforms)
2. Wait for the 1 H bar to touch the vertical line then start looking for your signal.the signal can happen at the vertical line or 1 bar after the vertical line (do not enter on signals that form before the vertical line)
3. Once you enter set your SL at the high or low swing.
in most cases the bars will run in the same direction from the London opening to 1 Hour before the NY session can start.
4. Close your trade 1 or 2 hours before the NY session can start.
5. Wait for the 1H bar to touch the NY vertical line then you look for signals on TDI
6 Do the same as the london session. In the NY session i run the trade for 3 or 2 candles then close the trade.

Simple as that.

To master this system i request all the S3 traders to do lots of back testing. This will help you develop your trading edge and will allow you to execute trades with much more confidence.

- your entries will be at the green cross the red on the TDI or when green bounce off the red on the TDI.
- Exits will be at your discretion as a trader , theres no hard rule for that. For me my trades close when it hit TP or when i see it stuck at a strong support or resistance then i manually close my trade.
I posted a chart below as an example.

This trade plan is for the daily trades i take to get around 40 to 100 pips a day.
Your chart must be clean and simple so that will allow you to execute your trades without doubt.

The next trade plan i'm discussing are for those long swing trades where TP will be at 200 to 500 pips a trade. I want to show you a method to stay in a trade for long periods without getting stopped out using a channel and an EMA. This will be discussed in my next post.


Guys this link is to show you guys how to install the indicators on your MT4 platform

http://youtu.be/OKOv_mngzd0
Attached Thumbnails
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