Advance Forex Systemx2

March 11, 2019 | Author: Alejandro Ramos | Category: Foreign Exchange Market, Market Trend, Market Liquidity, Microeconomics, Market (Economics)
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Special Publication – Advanced System X…

Special Publication…

 Advanced System X Forex Method

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This is a product of Automated Forex Cash

Special Publication – Advanced System X…

Your Advanced System X is here. We were planning to sell it at some point. But heck, let’s just give it away for free. We’d like to give you more free content as our way of saying thank you for being a loyal reader of our newsletter. Actually, Advanced System X is not a single trading method, but composed of TWO different powerful forex trading systems Now, let’s just dive right in:

 Advanced System X1: Timeframe: 1-hour.

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Special Publication – Advanced System X…

If you already read our “10 pips (or more) a day” system, you can see that System X1 Is built upon that system. We use Japanese candlestick pattern to confirm our signals. In this system, we use the following components: 1. 5-period Exponential Moving Average (EMA 5) applied to the Close. 2. 12-period Exponential Moving Average (EMA 12) applied to the Close. 3. 21-period RSI (RSI 21) 4. Bullish/Bearish Engulfing Pattern, Hammer, Inverted Hammer candlestick patterns. Entry Rules for Long Trades : Two conditions must be fulfilled: 1. EMA 5 crosses EMA 12 to the upside… AND our RSI 21 > 50. 2. We’ve got confirming candlestick pattern: Either Bullish Engulfing Pattern or Hammer. : Entry Rules for Short Trades Two conditions must be fulfilled: 1. Enter short when EMA 5 crosses EMA 12 to the downside AND RSI 21 is less than 50. 2. We’ve got confirming candlestick pattern: Either Bearish Engulfing Pattern or Inverted Hammer.

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This is a product of Automated Forex Cash

Special Publication – Advanced System X…

Stop Loss: For long trades, stop loss should be placed at the nearest support. For short trades, stop loss should be placed at the nearest resistance.

Exit Rules for Long Trades : Exit the trade when EMA 5 crosses back below EMA 12 Or RSI 21 < 50. Or when price stalls at major resistance, trendline, pivot points, Fibonacci projection target. Or when bearish engulfing patterns or inverted hammer patterns form.

Exit Rules for Short Trades Exit our short trade when EMA 5 crosses above EMA 12 Or RSI 21 > 50 Or when price stalls at major support, trendline, pivot points, Fibonacci projection target. Or when bullish engulfing patterns or hammer patterns form.

This is a product of Automated Forex Cash

Special Publication – Advanced System X…

Trade Example:

We enter a long trade because we’ve got a bullish EMA cross (EMA5 cross EMA12 to the upside), RSI > 50, and a hammer candlestick pattern.

This is a product of Automated Forex Cash

Special Publication – Advanced System X…

We exit the long trade when EMA5 crosses back below EMA12.

Go to the next page for Advanced System X2:

This is a product of Automated Forex Cash

Special Publication – Advanced System X…

 Advanced System X2: Timeframe: Daily. For some reasons, 365-period Simple Moving Average (SMA365) often acts as a price magnet & major support/resistance. Why? I don’t know. I just know it works. And we can use it to make profits from the markets. In this system, we use the following components: 1. 50-period Simple Moving Average (SMA50) applied to the Close. 2. 200-period Simple Moving Average (SMA200) applied to the Close. 3. 365-period Simple Moving Average (SMA365) applied to the Close Entry Rules for Long Trades : Two conditions must be fulfilled: 1. SMA50 is above SMA200 2. We’ve got a bullish engulfing pattern or a hammer pattern form at/or near SMA65. : Entry Rules for Short Trades Two conditions must be fulfilled: 1. SMA50 is below SMA200 2. We’ve got a bearish engulfing pattern or an inverted hammer pattern form at/or near SMA65. Stop Loss: For long trades, stop loss should be placed at the nearest support. For short trades, stop loss should be placed at the nearest resistance.

This is a product of Automated Forex Cash

Special Publication – Advanced System X…

Exit Rules for Long Trades : Exit when price stalls at major resistance, trendline, pivot points, Fibonacci projection target. Or when bearish engulfing patterns or inverted hammer patterns form.

Exit Rules for Short Trades Exit when price stalls at major support, trendline, pivot points, Fibonacci projection target. Or when bullish engulfing patterns or hammer patterns form.

Go to the next page for Trade Example:

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Special Publication – Advanced System X…

We have a nice downtrend. And SMA50 crosses below SMA200.

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Special Publication – Advanced System X…

Then price retraces, and touches SMA65 (the dark blue line). A bearish engulfing pattern then forms. We enter our short trade.

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Special Publication – Advanced System X…

We exit our short trade when a hammer pattern forms.

This is a product of Automated Forex Cash

Special Publication – Advanced System X…

There you have it. An advanced trading system for consistently generating pips from the forex market. I hope you enjoy this short publication ☺

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This is a product of Automated Forex Cash

Special Publication – Advanced System X…

This is a product of Automated Forex Cash

Special Publication – Advanced System X…

The contents of this eBook are for informational purposes only. No Part of this publication is a solicitation nor an offer to buy or sell any financial market. Examples are provided for illustration purposes and should not be constructed as investment advise or stratergy. All trade examples are hypothetical. No representation is made that any account or trader will or likely to achieve profits or loses similar to those discussed in this eBook. The information found in this eBook is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to the law or regulation or which would subject us to any registration requirement within such jurisdiction or country. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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