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No BS simple method

Trading Systems @ Forex Factory - www.forexfactory.com
Hello, guys..

I want to introduce to you a system you may already know, its simple the way it should be with no BS and most importantly it works, there may be some days where you wont find a trade on a certain pair but there are other pairs to go through and analyze.

This is based on looking at 3 time-frames, 15M 1H and 4H with a 240EMA on all 3 timeframes.

For there to be a trade the price must be either up or down on both 1H and 4H and the opposite on the 15M, This is when we take a trade. When both higher timeframes agree and the lower doesnt the price acts like a magnet and will soon return to the bigger timeframes flow, its as simple as that.

This is a visual example:

Attached Image (click to enlarge)

Remember 1H&4HR must agree and then we look for the price out of place on the 15M to enter a trade.

Enjoy.

Attached File NoBS.zip   62 KB | 36 downloads

Note: Any improvements are welcome
Date: Sep 26, 2014   


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