Golden Strategy - Forex

Presents

The Golden Strategy

By Russ Horn

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial market. The contents of this report are for general information and educational purposes only (contents shall also mean the website www.rapidresultsmethod.com or any website the content is hosted on, and any email correspondence or newsletters or postings or affiliate site as related to such website). Every effort has been made to accurately represent this product and its potential. There is no guarantee that you will earn any money using the techniques, ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using our product, ideas and techniques. We do not purport this to be a “get rich scheme.” Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes only and should not be construed as investment advice or strategy. No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this report or anywhere on www.rapidresultsmethod.com. Past performance is not indicative of future results. By purchasing and/or using any content or product including material herein contained, subscribing to our mailing list or using the website or contents of the website or materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be read herewith. So too, all the materials contained within this course, including this manual, whether they appear on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all our rights in this regard. Old Tree Publishing CC, in association with www.rapidresultsmethod.com, the website, content, and its representatives Including Russ Horn do not and cannot give investment advice or invite customers or readers to engage in investments through this report or any associated software or any subscription to any part of it. The information provided in this content 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 law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Hypothetical performance results have many inherent limitations, some of which are mentioned below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and actual results subsequently achieved by any particular trading program and method or software. Old Tree publishing by users download and/or use of this report is indemnified fully by any such user in any and all and each respect possible. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the trading losses are material points that can also adversely affect trading results. There are numerous other factors related to the market in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual trading results. We reserve the right to change these terms and conditions without notice. You can check for updates to this disclaimer at any time by visiting www.rapidresultsmethod.com. Governing law: This policy and the use of this report/eBook, provided in any form, and any content on the website site are governed by the laws of the Republic of South Africa. Further details on this are found under the Terms and conditions on our site. Please ensure you read and agree with all Terms and Conditions as set out on our site before using any of the materials. Your use and reliance on the materials is based on your acceptance of such Terms and Conditions and policies as appear on the site.

2

www.RapidResultsMethod.com

The Golden Strategy In this report, I will show you a trading system with such a high winning percentage that it deserves to be called a “Golden” strategy. One of the major advantages of the Golden Strategy is that it can be traded on every timeframe available to you. If you don’t have enough time to spend in front of your computer, you can trade lower timeframes like the M1 (1 minute) and the M5 (5 minute). On the other hand, if you are not under pressure to go to work and can monitor your trade every couple of hours, then trading the H1 (1 hour) and the H4 (4 hour) timeframes is for you.

System Components & Indicators Timeframe: All timeframes

Currency Pairs: Major pairs like the EUR/USD and the GBP/USD.

Indicators: 1. 2. 3. 4.

55 Smoothed Moving Average (SMMA) - set to High price. 55 Smoothed Moving Average (SMMA) - set to Low price. 55 period Williams’ Percent Range (%R) - levels set at -25 and -75 values. Stochastic Oscillator - %K period = 5, Slowing = 5, %D period = 5, Price field = Low/High, MA method = Simple, with levels at 20 and 80 (default).

3

www.RapidResultsMethod.com

Chart Setup 1. 55 period SMMA (Smoothed Moving Average) - set to High price.

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Moving Averages on the list and double click on it. The settings dialogue box will pop up. 4. Set the Period at 55. 5. Leave Shift at 0. 6. Click on the MA method drop down menu and select Smoothed. 7. Click on the Apply to drop down menu and select High. 8. Click Style and choose the color for your 55 SMMA. On this chart, we are using Green. 9. Leave the line type as it is by default. 10. Set the 55 SMMA line width here. 11. Click on the OK button to apply the 55 SMMA on your chart.

4

www.RapidResultsMethod.com 2. 55 period SMMA (Smoothed Moving Average) - set to Low price.

Basically, the steps for adding the 55 SMMA set to Low are the same as for 55 SMMA set to High. Just follow the same steps but set a different color and Apply to Low. On this chart, we are using the Crimson color.

5

www.RapidResultsMethod.com 3. 55 period Williams’ Percent Range (%R) - levels set at -25 and -75 values.

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Williams’ Percent Range (%R) on the list and double click on it. The settings dialogue box will pop up. 4. Set the Period at 55. 5. Click Style and choose the color for your 55 %R. We are using Aqua in this chart.(5) 6. Leave the line type as it is by default. 7. This is for setting the 55 %R line width. 8. Click on Levels tab. This is where you can set the levels for the 55 %R. 9. Change the default levels by double clicking on one of the values. Input the first level, -75. 10. Double click the other default value and input the other level we will use, -25. 11. Click Style to and choose the color White for your 55 %R levels. 12. Click on the OK button to apply the 55 %R on your chart.

6

www.RapidResultsMethod.com 4. Stochastic Oscillator - %K period = 5, Slowing = 5, %D period = 5, Price field = Low/High, MA method = Simple, and levels 20 and 80 (default).

1. Click on the Navigator button to open the Navigator widow. 2. Click on Indicators to expand the list of indicators. 3. Find Stochastic Oscillator on the list and double click on it to open the settings dialogue box. 4. Leave %K period at 5 as it is by default. 5. Set Slowing to 5. 6. Set %D period to 5. 7. Leave Price field at Low/High as it is by default. 8. Leave MA method at Simple as it is by default. 9. Click on OK to apply the Stochastic Oscillator on your chart.

7

www.RapidResultsMethod.com

Long Entry Rules 1. 2. 3. 4.

Price must cross above the 55 SMMA set to High (Green). The %R crosses above the -25 level. The Stochastic Oscillator is above its Signal line. When all the conditions mentioned above are met, we can place our long position. We have two possible entry types: Aggressive and Conservative. In the Aggressive entry, we open a buy order without waiting for the signal candle to close. In the Conservative entry, we wait for the signal candle to close above the 55 SMMA set to High before placing our trade. This serves as a confirmation that we are trading on the right side of the market. 5. Set the Stop Loss a few pips below the most recent swing low point. 6. Set the Take Profit level twice the amount of the stop loss, or close the trade when the price closes below the 55 SMMA set to High.

Let’s have a look at a long trade example on the next page.

8

www.RapidResultsMethod.com

Long Trade Example

On the image above, we have a GBP/USD 5 minute chart. Along the vertical line (A), all conditions for placing a long trade were met at once - the price crossed above the 55 SMMA set to High, the 55 %R crossed above the -25 level and the Stochastic Oscillator was above its Signal line. So a buy trade was opened at the close of the signal candle, where all rules were met, along the horizontal line (B) at 1.60715. Immediately after the buy trade was placed, the Stop Loss was set just below the last swing low (C), for 6 pips at 1.60655. A Take Profit of 12 pips above the entry was set at 1.60835 (D). As you can see, the Profit Target was hit 35 minutes later. Now let’s take a look at Short trade conditions.

9

www.RapidResultsMethod.com

Short Entry Rules 1. 2. 3. 4.

Price must cross below the 55 SMMA set to Low (Crimson). The %R crosses below the -75 level. The Stochastic Oscillator is below its Signal line. When all the conditions mentioned above are met, we can open a short position. For an Aggressive entry, we don’t need to wait for the current candle to close before entering the trade. For a Conservative entry, wait for the candle to close below the 55 SMMA set to Low before placing the trade. 5. Set the Stop Loss a few pips above the most recent swing high point. 6. Set the Take Profit twice the amount of the Stop Loss, or close the trade when the price closes above the 55 SMMA set to Low.

Now let’s see a short trade example.

10

Short Trade Example

Here’s a sell trade example on the EUR/USD 5 minute chart. Along the vertical line (A), all the rules for a sell trade were met simultaneously. The price has crossed below the 55 SMMA set to Low, the 55 %R crossed below the -75 level and the Stochastic Oscillator was below its Signal line. Immediately after the signals above appeared, a short trade was opened at 1.29760 (B). Then a Stop Loss of 12 pips was set just above the nearest swing high point at 1.29920 (C). Last but not least, the Take Profit of 32 pips was set at 1.29440 (D), which was achieved 40 minutes later.

11

That’s all there is to it for the Golden Strategy, a simple yet effective technique. This system can help you spot some of the best entries possible. Moreover, it gives you the advantage of trading with any timeframe that you want. I look forward to this helping you to become a better trader.

Best Regards,

12