This System Was Designed To Give Me An Eagle's Eye For Intra-Day Entry and Exit Signals. and To Reduce My Risk and Maximize My Profits

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This system was designed to give me an Eagle's Eye

for Intra-Day entry and exit signals. And to reduce my


risk and maximize my profits.
Summary off My Trading System

My trading System is very simple yet effective for Intra-day trading.


It allows me to catch high probability brakeouts, continuations and reversals. I

use 4 indicators and 5 moving averages to spot my entry and exit signals.

MACD
Stochastic (5-8-3 setting)
CCI
RSI
Fib.
EMA's (10-20-50-100-200)
ZIGZAG
Also supply and demand areas, I draw them myself.

All 4 indicators (MACD, Stochastic, RSI and CCI) must in directional agreement
on both 5 min. and 60 min. charts. Before considering to take a position.

Fib; to target possible support and resistance levels for exits and entries. Along
with channels and or chart patterns.

Ideal Set Ups&Things To Look For


5min. MACD & 60 min. MACD in the direction of the 4 hour MACD signal line or histogram

Extreme CCI Spikes @-100 or +100 or greater. This is a key clue that price maybe ready to rally. (look
for divergence as well) Stemming or wicking at price level, Double, tops, & bottoms,
hinting channels, support and resistance lines. Along with Candle Stick Reversals.

At each MACD cross on 5 min, I look for divergence. On MACD 5 min. cross (when and if bradding)
and price makes higher lows, look to go long. If making lower highs, look to short. If the higher time
frames are in agreement.

Before entry I check 1 min chart look for brassing or toping, and Make sure, MACD is moving in
same direction as 5 min. (This will keep pull backs to a minimum.)
My Important Definitions
Rules: a set of guidelines for the purpose of safety and protection to minimize loss and
maximize profits.

Strategy: a plan of action that produces positive results.

(There's no need to have a trading plan if you're not going to stick to


your rules and strategy at all times.)

My Trading Rules

1. Always give God the Glory for your success as a trader, and have
confidence in your trading system more then yourself .

2. Maximum of 5 trades per day. Two failed entry attempts in a row


stop trading for the day. (Shut down trade station and don't open it
back up till the next trading day. You should have no more than 5
trades per day.)

3. -10 pips close the position. I am seeking brake outs, and


continuations, a proper entry should have +pip movement with in
the first 3 to 7 minutes with very little retrace.
Short Entry Signals & Set Ups
Examples
Long Entry Signals & Set Ups
Examples
1.
2.
#1 watch channels, patterns,
Support and Resistant lines bounces
LongEntryChecklist

Do you have extreme spike at or below -100 of the CCI on 5 Min


chart. (below is better and a second divergence spike is the best.)
Y or N @ 5 6 7 8 9 10 11

If yes is Stochastic coming across the 30, but below 50


Y or N @ 5 6 7 8 9 10 11

If yes MACD histogram going from negative to positive or negative


and starting to increase value and signal lines cross?
Y or N @ 5 6 7 8 9 10 11

Is set up in agreement with 60 min charts indicators?


Y or N @ 5 6 7 8 9 10 11

If price action is higher than the previous High, you may go,
if no, no. Unless this is a reversal divergence setup.
Check 1 min Chart
NOTES
#1 watch channels, patterns,
Support and Resistant lines bounces
ShortEntryChecklist

Do you have extreme spikes at or above +100 of the CCI on 5 min


chart. (below is better and second divergence spike is the best.)
Y or N @ 5 6 7 8 9 10 11

If yes is Stochastic coming across the 70, but below 50


Y or N @ 5 6 7 8 9 10 11

If yes MACD histogram going from positive to negative or positive


and starting to increase value and signal lines cross?
Y or N @ 5 6 7 8 9 10 11

Is set up in agreement with 60 min charts indicators?


Y or N @ 5 6 7 8 9 10 11

If price action is lower than the previous lows, You may go,
if no, no. Unless this is a reversal divergence setup.
Check 1 min Chart

NOTES
Post Trading Day

At the end of each trading day I print out the Weekly, Daily, 4 Hour 60
Min. and 5 Min. Charts to stay up to date with how the day's price action
affected the Larger time frames.

It is important to be aware of the support and resistance levels on the


larger time frames.

(Minutes makes Hours, Hours makes days, and days makes weeks)

For this reasoned I believe If you trade the Longer time frames you
should be aware the shorter, and if you trade the shorter you should
be aware of the longer.

It amazes me how we tend to over look and discount simple effective


methods, thinking the more complex has more credibility.

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