Thursday, February 11, 2010

“ Surefire “ Mechanical Trading System

Hi, this is Jeff Miller from Forex Cash Evolution team.
I am about to give you a simple but powerful mechanical system ‘Surefire Forex Trading System’.

This mechanical system is a DAILY system.
This is how it works: You can open the chart (for any pair, you might trade as many pairs at the same time as you want). Then, you spot the signals, enter the orders, then close the charts, shut down the computer, and go to sleep. Next day, you open the charts again, check your existing orders to see how much you have made.

Let dive into it. I will make it very simple and short.

1. Download Surefire Trading System template file Click here…
2. Open a daily chart (you can trade on any pair, but major pairs are recommended)
3. Make your trades. Here is how, let me explain:
The template file is basically to set up two following indicators candlestick chart:
- RSI (8) (white color)
- EMA (8) (cyan color)

You don’t need to know what are these two indicators. Please behind them. Here is what you need to know:
1. Enter a short order when: The RSI crosses its moving
2. Enter a long order when: The RSI crosses its moving
3. Stop Loss: You should only risk 1% of your account per the high of the previous DAILY bar if you are buying, previous bar if you are selling.
4. Take Profit: Any, 30-50 pips are recommended.

Below are some examples of Selling / Buying


Selling Order
The RSI crosses its moving average from above.
BUYING order
The RSI crosses its moving average from below

Happy Trading..

Jeff Miller / Forex Cash Evolution

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