The
FxOverEasy System.
The System works off
15 min charts. We are looking for 3 things ...... 3
reasons to enter the market.
1. DIRECTION.
SHI
channels which
automatically recalculate in real time gives us
the direction we are going to trade. If slope is
down we are only looking to sell, if slope is up
we are only looking to buy.
If the
channel is thin (narrow) we dont trade
.
If
price falls outside the channel we dont
trade(unless in a trade already) we wait
for a new channel to form.
2.ENTRY/EXIT.
Remembering we
ONLY trade in the given direction of the slope
of the SHI channel!!
The first indicator is normally
I_trend (red crossing to top -
sell , green crossing to top - buy)
The second is La
Guerre. When the La Guerre
line crosses down through .75 line (top
line) look to sell. When the line crosses up
thru .15 line (bottom line) look to buy. If
Juice is still green leave trade to opposite
side of channel if it is red then exit
trade when La Guerre line
reaches its Mid line (.45).
Perkyasctrend1 is for
the weary and the last indicator to normally
show Pink dot sell blue dot buy. This indicator
is not necessary for advanced traders.
Safety
stops I use are 15 pips.
3.
VOLATILITY.
This last but not least
indicator is called Juice. Never enter
a trade when histogram is red if all other
indicators line up this is the last check and
the histogram should be
green. |