Forex: Stoch 15,5,5 + SMA

Pair: GbpJpy
Tf : 15 & 5
Stoch 15,5,5
SMA 50 (major trend)
SMA 20 (current trend)
SMA 5 (for entry)

HOW TO MAKE AN ENTRY??

1. Open 2 chart which are tf5m & 15m
2. Set up all indicator mentioned above on both tf
3. Look at stoch condition at tf15m either going up or down on
4. Look at stoch condition at tf5m either going up or down
5. Make sure both tf stoch are parallel (either going up or down)
6. SMA 50 to look for major trend
7. SMA 20 to look for current trend
8. SMA 5 to make an entry if it crosses SMA 20(look at tf5m)

Msg: TP shoud be around 5-10pips only. If trend go against us, use hedging technique to cover our post.

This is an example how to make an entry:

TF15M


TF5

I have made the red vertical line on both chart for easy understanding. This is the correct way how to make an entry. Now look at red vertical line area,at tf15m, stoch already cross and heading upward and at the same time, stoch at tf5m also heading upward. After confirming this stoch pattern, look at SMA5 at tf5m. It also crossed SMA20. Then what are you waiting for???just make an entry!!!!

Download template below:
stoch15,5,5+sma.rar

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Forex: MBT system + Hedging

In Forex trading, trader should not rely on forex indicator 100% in deciding entry. This is because, in forex, everything is possible. No body can predict forex market 100%. There stil be false signal even we follow 100% forex indicator rules. Why is it happen? it might be because of fundemental element. So, in forex, there must be fundemental + technical analysis in deciding our entry.

For me, as newbie in forex trading, in order to minimize lost but at the same time maximize my profit, i choose to use hedging as my backup in my entry. i choose Harry hedging style. My aim to use this hedging is that, i will make it as my backup if forex market go against my entry.That's all. Surprisingly, it really work very2 well.

Here the example how to use hedging:



















For example: let say we buy using lot 1. then,immediately after we enter buy, we make a backup entry SELL STOP. but here, we multiply lot with 3. so, we use lot 3 for sell stop. if after that, our sell stop activated become instant order, here we should open another backup but this time is BUY STOP. Lot here should multiply with 2+1 (eg: 3x2=6 +1 =7). if this buy stop also become activated to instant order, we have to do another SELL STOP using lot 15 (7x2=14 +1 =15). And so on until price hit our target TP.

Preferred pair: GBPJPY
Prefered TP (buy/sell) :60pips
Preferred SL (buy/sell):127(120+7spread)
Recommended lot for starting:(0.01 for USD100) / (0.02 for USD200) / (0.03 for USD300).....and so on.
Use Forex MBT system for entry.


Here an example regarding lot usage:










As far as i concerned, this hedging technique had its own weakness. We should avoid entry forex market during SIDEWAY!!!! This is because, it will cause us to open post for many layer and because of that, we need to have large capital to avoid loss. So. in order to avoid sideway, i used this technique together with Forex MBT system. so far, it is very effective in avoiding sideway market and hence, avoiding loss in Forex trading.

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Forex:Modification & Enhancement BrainTrading System(MBT)

by Warhead
















Tf: M30&H4
Pair:GBPJPY(preferred)
Technique used:Forex Mbt+hedging
Broker: IKOfx

1. how to use Forex Mbt System?

a. 8 dots (red & blue) : indicate H4 major trend
b. 8 arrows (red & blue) : indicate H4 major trend
c. Single big dot (cyan & magenta) : indicate current trend
d. Bollinger band (16)
e. RSI(14)
f. MACD(3,26,4)
g. Pivot line
h. Oasis strength meter

Step by step using Forex MBT system M30:
1. Find 8dots/8arrows (either one or both of them)
2. Find big dot (either cyan or magenta)
3. Confirm the trend by referring to RSI & MACD.
4. Bollinger band just to detect sideway market
5. Pivot line: to know nearest S&R
6. Oasis meter: to know current strength of the pair
msg: These are the things you need to look for before decide for ENTRY!!!!

When to make an Forex ENTRY??
Forex:BUY situation:
eg: blue 8dots/8arrows already there on the chart. all you need to do is waiting for big dot cyan to appear on your chart.(always enter post on the next cs after big dot cyan appeared). If after blue 8dots/8arrows appear, but big dot magenta appear instead of big dot cyan,don't sell!! it just a minor retracement before the price will continue to go up...wait till another big dot cyan appear, then you can make another entry buy.
Simplified tips for BUY: entry buy when big dot cyan appear + blue 8dots/8arrows ALREADY appeared.

Forex:SELL situation:
eg: Red 8dots/8arrows already there on the chart. all you need to do is waiting for big dot magenta to appear on your chart.(always enter post on the next cs after big dot magenta appeared). If after red 8dots/8arrows appear, but big dot cyan appear instead of big dot magenta ,don't buy!! it just a minor retracement before the price will continue to go down...wait till another big dot magenta appear, then you can make another entry sell.
Simplified tips for SELL: entry sell when big dot magenta appear + red 8dots/8arrows ALREADY appeared.

DOWNLOAD Forex:MBT SYSTEM below
MBT System.rar

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