Live Trading

When I state M5-Two-Way Confirmation Strategy therefore I will point out that I use this lots egy mainly at M5 but it may also applied anytime frames. So you can work in several time frames with it.

Currency Pair: all (preferred: EURUSD gt; tight spread, higher volatility)

Time Frame: 5 Min (All Of gt; visit Multiple Time Frame Section, please and #72, #76 #77, #78)

Indiors: BB14, ADX14, SSD 5,3,3*, EMA 5,13,21,55,200, Pivotal Points,
Optional: CCI, RSI, MACD
(*SSD = Full Stochastics, visit #8, please).

This technique is used in conjunction with Bollinger Bands 14,2, ADX 14 , SSD 5, 5, 3, EMA 9, 13, 21, 55, 200 and the Pivotal Points.

Buy/Sell Signs:
Entry Options:
(1) Following two hollow or two stuffed candles;
(2) When a candle closes in the other side of EMA13;
(3) At EMA9/EMA13 crossover.
(4) Entrance ahead of Time. See Trade Cases, please. (Here you have greater risk but you earn also more profit)

Leading indior: SSD 5, 3, 3, crosses frequently 1-2 bar before.

Confirmation:
(1) DI/DI-line-crossover. DI (green) and -DI (red) line (ADX 14) crosses occasionally 1-4 bars then entry point and the ADX value crosses the 20 line and the 25 worth;
(2) The EMA9/EMA13 crossover.

Price Momentum:
DI remains at the top of -DI #8212; uptrend is in place.
-DI remains at the top of DI #8212; downtrend is in place.

Strategical thoughts:
ADX -/ DI lines are used for spotting entry signs.
All -/ DI crossovers are discounted while ADX stays below 20.
Once ADX peaks above 20 a buy signal occur when DI (green) crosses upwards and above -DI (reddish).
A market signal will be the contrary: -DI would cross DI downwards.

Exit Points:
(1) In the next bar when the feces has change its colour, or
(2) as soon as the bar closes across the counterpart side of EMA5 or EMA13 lineup, or
(3) in the EMA5/EMA13 crossover;
(4) In all situation of DI/DI-line-crossovers (when trend is changing - 2 DI cross).
(5) Close to the Pivotal Point.

- Buy and exit scenarios are often signalize using SSD 5, 5, 3, crossing near 20 or 80 % lineup;

Note:
- ADX indior is never traded independently, but instead in conjunction with other indiors and resources. ADX indior the majority of the time gives much later signs comparing to quicker reacting moving averages crossover or Stochastic, as an instance, however, reliability of ADX indior is a lot greater compared to additional indiors in traders' toolkit, which makes it a valuable tool for several Forex traders.
- When ADX is traded above 20 but below 40, it is time to apply trend following methods. A good example is: Forex trading Moving averages or trading using Parabolic SAR indior.
- When ADX reaches 40 level (5-min-chart #8211; e.g. ADX 50-level on 1-min-time-frame), it suggests that an overbought/oversold (based upon the tendency) position on the market and now is the time to safeguard some profits of at least move Stop loss order into some break even. See in SSD 5,3,3.
- If ADX moves 40 level, it is a fantastic time to begin collecting profits gradually scaling from the transactions on rallies and sell-offs and shielding remaining positions with trailing stops. Looking at SSD 5,3,3.

Keep an eye on the clock:
Pay attention to London open (6 to 8 A.M. London time), the New York open (6 to 8 A.M. New York time) and the London shut (5 to 6 P.M. London time). The markets move when these traders start and shut their transactions for the day.

Multiple Time Frame:
is a manual trading egy. Trades may be triggered over different time frames also(e.g. M15, M30, H1, H4, Daily and at all currency pairs) and can used in ranging and in trending markets. Has used since 2006. You can use M5-2-WCS in conjunction with the price action (e.g. engulfing patterns, hammers, shooting stars, in bars). It's simple and productive! If you'll acquire different disagreements more, so examine the extreme points in the critical points. The EMA lines will reveal to you besides price action momentum and when there is either a trending environment or a ranging market. (See also Trade Cases - MTF).

Templates Indiors:
See attachment, please.

Live Trading
Orders are often published in reside.

Trade ExampleS
EURUSD, M5, 2011 June 05, p.1, #2 -#7 ; Entry ahead of Time: EURUSD, H5, 2011 June 06, p.2, #17; Entry ahead of Time: Silver, M5, 2011 June 06, p.2, #18; USDJPY, M5, 2011 June 06, p.3, #43, p.4, #47; LCrudeJul11, M5, 2011 June 07, p.3, #44, #45, p.4, #46; MTF-GBPCHF, Daily, 2011 June 09, p.6, #85/GBPCHF, M30, 2011 June 11, p.7, #94; MTF-Silver, M5/M30, 2011 June 10, p.7, #92; Range Bound Trading - Picking up the Tops and Bottoms in the Bollinger Band, EURJPY, H4, 2011 June 11, p.7, #95; CCI-Divergence, CADJPY, H4, 2011 June 29, p.18, #256;

FX Knowledge Strategies:
http://www.babypips.com/school/
http://forex-egies-revealed.com/basic
http://www.investopedia.com/dictionary/default.asp

Articles Links:
Forex Day Trading Using Price Action And Pivot Points, p.2, #24; Price Action Trading - Waiting For Confirmation, p.2, #25; How to loe Profitable Forex Systems, p.2, #26; 5 Minute Intraday Trading Strategy, p.2, #28; Volatility Stop Loss, p.3, #37; Average True Range, p.3, #38; Average Directional Index (ADX). To interpret ADX. The Way to trade with ADX., p.3, #40; Forex Trading Strategy #2 (Parabolic SAR ADX), p.3, #41; Forex ADX Indior Explained, p.3, #42; Trading Using Multiple Time Frames, p.6, #77; How to Use Multi Time Frame Analysis When Trading Forex, Futures and Stocks, p.6, #78; Trading the Inside Tavern Strategy in Forex, p.6, #87; Inside Bar Trading Strategy, p.6, #89; Know Your Trading Signals, p.7, #96; Bollinger Bands, p.7, #97; Bollinger Band Width And Trading Ranges, p.7, #98; How To Use Bollinger Bands (BB) In Forex, p.7, #99; Basic Bollinger System, p.7, #100; Forex Trading Hours, p.12, #166; How to Be a Successful Part-Time Forex Trader, p.12, #167; FX Exit Strategies: Keeping Your Profits, p.12, #168; Forex Price Action - Reading the Language of the Market, p.12, #174 -#181;

Demo Account:
Deposit: 25'000. -$, Starting Date: 2011 June 14, Target: 250. -$ per Day (1% per Day).
Limited Period: 4 Days a Week (1'000. -$) / 4 Weeks a Month (4'000. -$) / / 10 Months a Year (40'000. -$).
Actual:
2011 June 23 Equity: 36.516. -$, Profit: 11.516. -$ , see p.15, #218, please.
Http://twitter.com/#!/forexcube
https://www.forexsoutheast.asia/gene...ent-egies.html
http://www.myfxbook.com/members/

Closed Accounts:
When 100% Profit is generated Accounts will be closed.
Deposit: 10'000. -$, Starting Date: 2011 June 21, Turbo-High-Risk-Scalping-Account, 2011 June 23 Equity: 20'846.48$, Profit: 23 10.846.48 , (100% over 3 Days), see p.14, #210, please.

Indior trustfulness? Whatever seems to work for you is fine!

I want you success happiness!
FXcube
https://www.forexsoutheast.asia/atta...2587550656.tpl
https://www.forexsoutheast.asia/atta...4928678236.mq4