Sunday, 26 April 2009

The Simple System Revealed

Hi again , finally we are here to reveal the system what you have all been waiting for lol . Right the system is very very VERY simple . To start off load up your charting software , i use igindexs charts , but any chart is ok . Load up the ftse 100 daily cash on a 15 minute chart with the macd and the stochastic indicators . What we are looking for is the macd and stochastic to be going up to go long when the markets open ( Vice versa if the macd is going down and the stochastic is going down we go short ) . We are looking at the macd histogram here , so basically we are looking at the red and green bars . We only do this for when the market opens at 8am UK time and we take 8 pips . Make sure that you do this at 8am in the morning when the market opens not a second later because you could loose some valuable points . However if the stochastic is going up and macd is going down what should you do ? To be perfectly honest if you a wanting to keep this safe profit i would not trade on that day . Normally if you are going for a risk if would go off the macd but like i said if you are going for safe trades just dont trade . Just demo trade this for a month or however long you wish to demo this , but i will be trading with real money tomorrow and i will be posting results after the trade is complete . Like i said it is a very very VERY simple system but it works even if you like over the past month at it and you will see you would have won the spread bet everytime . We stick to a 50 stop loss and the rules above and you should make a profit from this . Thanks for everyone reading this and I will be posting tomorrow like i said .

Thanks again.

L. Gray ( Trader123 )

6 comments:

  1. Good Luck

    Interesting Blog.

    50 point stop on an 8 point trade, amazing risk to reward ratio, can't wait. lol

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  2. first week was a success . Didnt trade on friday due to internet connection however monday to thursday came in and if i did trade on friday it would have came in . So for all of you saying it wont work ? Please keep watching

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  3. Just a little quick post and so far tuesday and today was a success . Yesterday was a little struggle but it did eventuall come in . Today however 8 points after 6 minutes so overall its been good up to now .

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