Friday, November 14, 2008

The Force 5 Minutes System

The force 5 minutes forex system produced good profits if traded correctly. By good profits it could make pips everyday even if its only a few. Tested on the Eur/Usd pair, on 5 minutes time frame. recommended trade in asian or europe session.


MACD: 12,26,1 ( 1 means nothing )
Stochastic: 5,3,3
EMA: 5 to the close
EMA: 5 to the open

No trades during news times, Risk is set to 2%, take profit is random based on market conditions but ill usually cash out based on reversal patterns or a cross of the two ema's. Trade signals are only confirmed on closed candles/bars.

Buy Signal

a) When the stochastic crosses up from the 20 line and is not ovebought
b) The MACD closses higher than the previous time interval
c) The Signal candle/bar closes higher bullish
d) The 5 ema to the close has crossed the 5 ema to the open

Stop Loss is the low of the previous candle or 20 pips but 20 pip min.
Close when the 5 ema to the close has crossed the 5 ema to the open

Sell Signal

a) When the stochastic crosses down from the 80 line and is not oversold
b) The MACD closses lower than the previous time interval
c) The Signal candle/bar closes lower bearish
d) The 5 ema to the close has crossed the 5 ema to the open

Stop Loss is the high of the previous candle or 20 pips but 20 pip min.
Close is based on price action.

By Forexjedi from

Monday, September 15, 2008

KAS37 Trading System

I have been trading with success, my own trading system, called KAS37 Forex Trading System. I Hope every Forex Trader would benefit from it.

Try it in demo account first, get the feel.


1. Bollinger Band (BB), 20,0,2 - Default.
2. RSI 3 and RSI 7
3. Stochastic 7,3,3
4. Simple Moving Average, SMA 3 and SMA7
5. Pair - GBPJPY, 5 Min Chart. (the rest of the other pair, I wouldn't guarantee of success)


Buy Entry
a. Stoch cross up from below 20 (or less than 30)
b. RSI 3 and RSI 7 cross up from below 30.
c. SMA 3 and SMA 7, cross up between Lower BB and Mid BB.

Sell Entry
a. Stoch cross down from above 80 (or greater than 70)
b. RSI 3 and RSI 7 cross down from above 70.
c. SMA 3 and SMA 7, cross down between Upper BB and Mid BB (for sell entry, This doesn’t matter)


a. SL is 30 pip, (or 2 pip plus spread above or below previous swing High or Low)
b. TP is 30 pip (or trail the profit if you are in profit)
c. Move SL to breakeven when in 20 pip profit.
d. If price doesn't hit target profit within 30 min to 1 hr, Close it at best profit.


1. The rules must follow step a, b then c, NOT b, a then c, as you would not get valid signals.
2. Exception of entry rules, of RSI (cross above 70 or below 30) and Stoch (cross above 80 or below 20), can only be done, if and only if, u see divergence with 3 Spikes of Higher Highs or Lower Lows.
3. You may enter early by following signal a. and then b. without waiting for c. to confirm. BUT, it has 90% success rate - i choose to enter on this entry.
4. It is that prior to entry based on the rules stated above, that the previous 2-3 bars length shall be less than 20 pips

By Caireono from

Monday, September 8, 2008

Super Carry Trade Trading System

This system has been producing for me between 8 and 10% profits per month, or approximately 100% per year or greater, depending on market conditions. The idea of this strategy was coming from Oanda “beginner” forum from “Knightrider” who has doubled his account yearly for the past 2 years.

Trading Rules:

Currency pair : GPB/JPY
Long trades only (interest positive)
Use 0.5% of your Net Available Balance on each trade (Oanda does this automatically)

1.Enter at any time with a market order

2.Place limit orders (long) at 10 pips above initial entry. This means that you place a limit order to buy at 10 pips above your entry, and you place 10 pip profit targets on each of these orders. You place these orders up to 200-400 pips above the current market price, or even higher if you would like. Your objective is to take profit and lock it in on all these orders as the market moves up.

3.Place 10 pip profit targets on all limit orders, up to 200-400 pips above current market. One time I entered my limit orders up to 200 above the current market price, and when I got home from work discovered that the high went well above the last order, it actually went up nearly 400 before dropping back down. I missed all that profit from my last order at 200 above market price to 400 above. Now I usually place orders up to 400 pips above in case of a nice trend or spike.

4.If market drops (carry trade unwinds) by 200 pips enter a market order once per day, with no take profit, in an attempt to lower the average price of all orders to within 100-200 of current market. Each additional market order lowers the “average” of your orders.

5.Enter limit orders (long) at 10 pips above this market order, up to the orders already entered.

6.At any time you have more than 1 order open, and the market is above the average price, close all orders (Oanda makes this easy to do).

7.If market continues to drop, continue to place orders (as in numbers 4-6 above), attempting to keep the “average price” within 100-200 pips of current price.


·Effective in all market conditions (ranging, trending).
·Provides profits from both trading and interest.
·Only monitor the markets once or twice per day, as desired.


·Caution is needed during carry trade unwinds. If need be, during severe unwinds, limit further buying to only 400-500 pip drops.

Oanda is perfect for this system in that they show your "average position" right on the chart; makes it so easy. Additionally they have "one click" to close all positions. Finally they're spreads are very low: GPY/JPY is between 4.5 and 7 most of the time.

Thursday, July 24, 2008

Braydensgrail System

Braydensgrail is a unique, method for trading on the Forex Market. It is not a scalping method. It is the result of many years of trial and error and research and common-sense investing strategies (i.e., online trading, participating in forum discussions and signal alert sites; and testing EA’s. The concept is aimed at profiting from the big 100-200 pip moves that occur in pairs.

The System:

1) Open any Forex chart, put the “Williams Percent Range” indicator just use the standard settings you don’t have to change anything. Next click and drag the “RSI” over the Williams Percent Range Indicator, using standard settings. Ok you’re done.
2) Next double-click “Accelerator Oscillator” once you have that on your chart click and drag the “Stochastic Oscillator” over it using standard settings.
Now, when the “Williams Percent Range” crosses below the “RSI” and the “Stochastic” and Accelerator Oscillators” cross below zero (0) at the same time, GO short! When the Williams Percent Range crosses over the “RSI” and the “Stochastic and Accelerator Oscillators” cross above zero at the same time, GO long!
Both these indicators work well on the H4 and Daily time frames. As an added option, I put a 50, 100, and 200 MA on my charts to both use a filter and trend direction.

Note: The red lines are were the indicators/indicator crossed and trades were taken. If you notice the Williams/RSI sometimes crosses first or the Stochastic/AC crosses first (you could use this as an early entry if you want to) these indicators are powerful enough to be used independently. I will sometimes enter the market early if I feel price action is going to cooperate, however I am more confident about a trade when all the indicators are reflecting one another. Other key factors the can influence my trading but not always are trend direction and fundamental reports such as news.

Money Management: As a "general rule"; I never risk more than 1% of total equity on any trade. I use a mental stop loss of -73 pips (depending on the pair and market conditions I sometimes increase it to -100 or more). If I have a trade open that is not yet in profit and I am going to bed or not going to be next to the computer for a few days I will place a stop loss with my broker. When a trade hits one pip profit I put a 15 or 25 point trailing stop on it (however if the market is acting volatile I will increase my trailing stop) and let it run until I am stopped out, but you can use which ever size trailing stop you want or your broker offers. Since everyone has a different account size I suggest you use a money management program that is best for your account. If you have more questions about money management visit:

2nd Note:Hi there folks, I won’t be posting any more signals on this thread (I never intended to make this thread a place to give signals) I just though I would post a few trades to let you all see how this system works, and because I received a few e-mails asking me to post, bank statements, credit card numbers, trading statements, etc.... ,so I though I would just post some trades instead, I hope that suffices. If you want to keep track of how my trading is going with this system go here:
Otherwise, I would like to move on to other ways that we can improve this system that I may have missed. Read, learn, and thanks for stopping by.

Download Braydensgrail System Template

by AgentFX at

Thursday, April 3, 2008

Fibonacci Trading An Scalping Technique

Every trader should know how to plot the Fibonacci retracement and projection with ease. However, not everyone who knows how to calculate the Fibonacci levels knows how to trade under real market condition.

To trade the Fibonacci retracements and projections effectively, a trader must also understand the price action of the forex market. And using candlestick formation is one of the most effective ways to determine the immediate market sentiment.

A hanging man formation during a downtrend shows that the bears are losing strength and the trend is about to reverse. At the same time, we must also acknowledge that there are also Fibonacci levels to concern about. The best scenario of a rejection at the Fibonacci level is when a candlestick showing a hanging man formation closes above the 38.2% level of a Fibonacci retracement. This setup proves that the uptrend is strong and the retracement is merely profit taking. The rejection at 38.2% level also reveals that more bulls are waiting at the sideline to enter the market at a more favorable market price.

Fibonacci Trading - Scalping Technique

Fibonacci trading can be used on any time frames, even as a scalping technique on a 5-minute chart and it can be quite profitable if you know how to do it in Forex trading. Let’s look at an example at the simple illustration below; assuming that the currency pair is on an uptrend movement and the price presumably has hit a top and then reversed. We would then draw the Fibonacci retracement on the uptrend shown in Point A. The price action then retraced to near 50% and encountered good support at that price.

How to enter a position

On a 5-minute chart, you should be able to tell that the candlestick formation would give you an immediate sign of a possible bounce. On the next candlestick after the low near the 50% retracement of Point A, open long if it closes higher low than the previous candlestick. Since this is a scalping method, your first profit should be the 50% retracement resistance level (Point B Fibonacci retracement) from the original Point A 0% retracement to 50% where your position is entered. You would probably think that the profit target from the point of entry should be the original 0% retracement but that is not usually true. As in any market conditions; we are not be able to tell where the price is going next. Remember that this is a scalping technique which should help you to reap about 15 to 20 pips depending on the range of the Fibonacci retracement is drawn. This is useful if you have a tight stop and prefer not to hold position for more than a hour. You should be able to see consistent good results using this simple technique.

Sensitive Fibonacci Retracement Levels

Using a retracement calculation, you should try to identify the 38.2%, 50% and 61.8% of the Fibonacci retracements. If an uptrend is strong, the price action will most likely to see strong support at 38.2%, while at 50% would see bears pushing hard to open the gate. 61.8% should then be seen as the bulls are retreating to heal their wounds with the momentum temporarily shift with the bears.

The Asian session saw a big fall on Euro against the Yen on Thursday. Technically, it was very obvious on the chart and I did a short trade on the currency pair. I had mentioned Fibonacci trading last Friday as one of the methods I used. I will show you how I did it with this short trade. During the early US session on Thursday morning Eastern Time, you should see that the price moved upwards to 156.84 before a bearish 15-minute candle started the downtrend. Keeping in mind that the low was 155.54 and then the recent top was at 156.84, we calculated that the retracement should see some support at 156.04 area (see the attached calculation on the right below).

I entered this short trade because I got a signal from my setup and it was aligned with the main day movement (downtrend). I then entered the price at 155.45 with stop-loss at 20 pips away. I set my profit target using my own calculated price 156.20 near the 61.8% retracement area. About 25 minutes later, the short position was done with a 25-pip gain. Why I entered at 156.45 was because on the 5-minute chart, there was a rejection at 156.58 which is the Fibonacci 38.2% level (155.84 to 155.42), therefore I entered at that price (also see the right calculation on the picture above).

I hope this example will gives you yet another positive aspect on Fibonacci trading in the Forex market.

By FXOperator -

Saturday, March 15, 2008

Forex Moneymaker Trading System

Forex Moneymaker System is a trend following system. The Key components are 4 Indicators.

1. Heikin-Ashi : Visual Confirmation of A Trend or Consolidation. Confirms also when market is in a Range.
2. Stochastic & EMA34 : Indicates market momentum.
3. Aroon: Confirms Trend.
4. ATR : Indicates current market volume.

This system getting around 30 to 150 pips daily on eur/usd, usd/chf and gbp/usd. And get about 1, 2 or 3 signals in a 24 Hour period.

Here is the Moneymaker
Recommended to use Metatrader for my analysis, and use Alpari feed ( MetaTrader from Alpari site got the most accurate feed for metatrader, others are not reliable, You may try FXDD, heard they are good.

Get the following three custom indicators from metatrader yahoo group,
1. "Heikin-aishi MOD" indicator : Visual Confirmation of the Current trend and not ranging(Extremely Important).
2. Aroon horn : Confirms The Trend has begun!!
3. Detail Daily pivot : Plots the Pivot and Support/Resistance lines. Very reliable for setting Stoploss.

Setup Forex Moneymaker System
Get all the following indicators to the "Custom Indicator folder and fire up metatrader. Get 30 Minute eur/usd, usd/chf and gbp/usd Chart. plot the indicators as follows,
1. Heikin-aishi MOD, just load it up.
2. Load stochastic with default settings, i.e. 13,3,3 and Hi/Low, Simple setup. and Draw a Horizontal line on Stoc at level 50.
3. Aroon horn -no change just the default indicator.
4. ATR 14.
5. Load up 20,2 Bollinger bands(just for confirmation and for my another system).
6. Draw EMA 34(Red), 55(Blue) & 89(Green) on the Charts

Entry, Buy signal :
1. Heikin-Ashi Candle is a Blue Candle(i.e. Blue Hi/Low Leg inside the candle and candle is a Bull/Hollow Candle)
2. Stoc must be crossing from below the 50 line and just above 50 OR
2a. Current Blue Heikin Candle is just above EMA 34 AND Closed above EMA 34.
3. Aroon horn UP(The Blue line) is on the top and FLAT. i.e. on Indicator level 105.
4. ATR 14 is rising. Must be rising, ATR Level not important, But expect levels to be at 15 to 30 on most signals.

Go long on above Indicator confirmations. Note, On #2 use confirmation from either Stoc or EMA34, one will follow the other on usually the same candle or on the next 30M candle.

Stop :
It's a protective stop and for LONGS it is on 10 pip below the next support line of the current candle. Note, when you
load up "Detail Daily pivot" Custom indicator, it plots the daily Support/Resistance lines for you. I use them for my stops. Also for longs ADD Spread to your stops. If you entry bar on or close proximity to a S/R bar, then you may also use the next Support line +10 pips as your stop. Note stops must be 30+spread or above. i.e. 30 to 65 pips(Usually).

Trailing Stop at B/E on 30 pip profit, Profit at 50 -->get stop to 20, 70-->40, 100-->80 etc.

Exit :
when trailing stop gets hit. If it's a false signal then Stoc crossed down from above the 50 line and/OR aroon up bar crossed the down bar(When u'ar long). if I am in front of the PC then EXIT on plain simple consolidation. When price bars are in consolidation ATR should be dropping.

Sell Signal : Just opposite of above.
I've used this system with eur/usd, usd/chf extensively. I also use it with gbp/usd, but some times I get my stops hit due to high volatility of this pair. I've tried demo with other pairs like Eur/Jpy & Eur/Gbp(Works 65% of the Trades), Aud/Usd & Usd/Cad (works at least 55% of the time). The % results are not backtested but from my actual trades on them.

Another Entry Technique
Use a 5 Minute chart entry on the retracement after the signal occurred. You may have to do this for Gbp/Usd if you get whiplashed.

With this system at least 60% of the time you loose 20 ~ 50 pips of the current trend u'ar following, But I feel it's required to make sure the trend has begun!! I wait for Aroon Up/Blue Line to be On top and Become Flat to go long.

Note on the Daily pivot :
IF price bounce from Daily pivot(If entered close to pivot point), you must get your stops to B/E otherwise look for exits. This is especially applicable for GBP/USD. if your trade is away from daily pivot then look for continuation away from the pivot.

By gfxtrader from

Friday, February 1, 2008

OzFx Forex System

The author of this forex system said this forex strategy has given him consistently profit from forex trading. It was interested because the forex system could potentially result 100 - 800 pips per trade on daily chart. Let us see his system;

* Open up a daily chart on EUR/JPY.
* Apply Bill Willam’s Accelerator Oscillator (AC).
* Apply Stochastic with setting 5,3,3 on top of AC. Use the template if don’t know how to.
* Try and use demo MT4 from ODL securities. Every broker has different time when they start a new daily candle.
* ODL seems to have the time that works best. I only use their demo account for charts and place my trades on totally different broker.

Short Entry: RED AC below 0 and Stot below 0
Long Entry: Green AC above 0 and Stot above 0
Exit: OppsiteBuy/Sell signal or as per Money Management.
Filter: Apply 200SMA. If price is below 200SMA then only take short trades. If Price is above 200 SMA then only take long trades.

Money Management:
* Trade with 5 Lots with Stop Loss 100 pips away
* Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).
* Take Profit on 2nd Lot at 100 pips.
* Take Profit on 3rd Lot at 150 pips.
* Take Profit on 4th Lot at 200 pips.
* Let the 5th Lot run until you see an opposite entry signal.

The Risk/Reward ratio turns out to be 1:1 or better depending on your 5th Lot. Since we trade on daily and would only take trades with high probability of success, 1:1 would work just fine.

If you choose to do back-testing then take special care for signals from late November to end of Dec. Low volume during this time of the year creates wild swings.

Spend 2 mins every day to analyze 8-10 of your favorite pairs. Demo it for 2-3 weeks and post the screen shots of your trades for everyone to see and learn.


Thursday, January 24, 2008

The Pivot Point Squeeze Forex System

The following trading system is a system based on constricted volatility followed by a breakout which co-insides with pivot points.

Indicators used:

Bollinger bands with MA of 18 and deviations of 2 through to 4.2
incrementing by 0.2
Bands 2 – 2.4 Purple
Bands 2.6 – 3 Pink
Bands 3.2 – 3.6 Red
Bands 3.8 – 4.2 Green

MACD with settings:
Short term MA: 5
Long term MA: 13
Signal number periods: 1

Bollinger Bandwidth with settings:
MA periods: 18
Standard deviation: 2

Indicator Settings

Trigger level
Horizontal line at a value which is determined by currency pair
EUR/JPY ~ 0.0056

Pivot Deviation
Distance from a pivot point in which the signal is still valid

MACD Threshold
Threshold of the deviation of the MACD that signals an exit

Making sense of it all

The Bollinger bands are used to visually see the volatility of the underlying security. When they narrow, it shows that the market is not sure which way to push price. I.E no-one is buying or selling with urgency. When there is a lot of traders in the market to sell, you will see the market drop and the Bollinger bands increase in bandwidth. It is the same with an up-trending market as well.

It is the breakout of this constrictive time of the market that I use to enter the market. If this breakout is close to a pivot point, it makes the trade setup even more positive.

Entering a trade

The first thing to look for is the narrowing of the Bollinger bands. When the Bollinger bandwidth crosses under the trigger line, you want to keep an eye out for a low on the histogram followed by an increase in bandwidth. This is a signal that it maybe breaking out and that is the entry point. Enter the market long if the MACD is trending up or short if it is trending down. Put more simply, trade in the way that the market is breaking away.

When I enter a position, I enter a wide stop loss as the EUR/JPY can be volatile and go in the other direction before it trends in the predicted direction.

Exiting a trade

When the MACD histogram is starting to turn in the opposite direction of the trade with a certain threshold of this turn, it can signify an end to the rally. The threshold must be set at a level which is not too sensitive as to make you exit a longer profitable trade but not too lenient as to give much of your profits back. Experimenting with this level is the only way to know which is best for different pairs.

Another way to plan your exits is to stage out at differing pivot levels. Say you enter a trade when it breaks down from the Pivot point. You would exit say half your lots at the 1st support line and then move your stop loss up to entry. Then your remaining lots at the 2nd support.

Some Examples

The top red bars show a short. The bottom indicator pink bars show short entries which do not take into account pivot points. The last trade on the right in which I am still in is turning out quite profitable, I just don’t enter with as many lots as if it did line up with the pivot points. You can see with the restriction of the bands on the right that something big was going to happen, the system tells you when it is time. I set up alarms on the indicator to alert me when to enter a trade. With different pairs I have different voices, so On EUR/JPY I hear “enter long EUROYEN” when the signal is given and “exit EUROYEN”. Pretty cool but enables me not to be glued to the screens, which can be hard to get away from.

Another short term trade short which resulted in a profit of 146 pips

As you can see, the bottom indicator signals multiple entries while the added pivot point signal does not. It still resulted in profitable trades.

Some more great trades

Tuesday, January 15, 2008

Pablosky Forex System

This forex system was posted by Pablosky at forum. He said he has created and tested many systems and finally there is one it seems to generate regular profits for him. He only tested it on GBP/JPY and fund that H4 is the best timeframe to spot firm. He said that We have known that trends in GBP/JPY are strong and prolonged, but it's not easy to recognize its beginnings and the right time to exit. He was sure this system should work with other pairs with the right adjustments if needed, as each pair has its own personality.

Target points and Stop Losses for this system are “dynamic”, as he called them, because they change according to the indicators used. You will understand what he means once you read the logics. At first it may look a bit complex, but soon you will realize it's easy to follow and understand. Of course, charts with examples will finally give you the full picture.

This forex system uses visible indicators: ATR Channels and StepChoppyBars v1.1, which needs to work properly StepMA v7 and StepRSI v5.2 indicators.
StepChoppyBars is a great indicator created by Igorad from forum. Legend for StepChoppyBars indicator is the following:

Blue :
Strong UpTrend.
DodgerBlue :
Retrace UpTrend
LightBlue :
Choppy UpTrend
Aqua : B
e ready to change UpTrend
Red :
Strong DownTrend
Tomato :
Retrace DownTrend
Orange :
Choppy DownTrend
Yellow :
Be ready to change DownTrend

Download Pablosky forex system MT4 indikators Here

Buy & Close-Buy Logics
Buy three equal positions when a candle closes between Lime ATR Centre Line and Aqua ATR Line, Step Choppy Bars candle is blue and previous Step Choppy Bar candle is Blue or Yellow. SL for the three opened positions is a candle closing below Yellow ATR line.

Target point for the first position is a candle closing above Aqua ATR line. Once this TP is reached, the Stop loss of the two remaining open positions will be moved to breakeven. TP for the second position is a candle closing above DodgerBlue ATR line. Once this TP is reached, the SL of the remaining open position will be a candle close below Aqua ATR line. If trend continues and price “touches” Blue ATR line, SL of this last position will be now a candle closing below DodgerBlue ATR line. This last position will remain opened till SL is triggered or a candle is painted Aqua.

Note: In the case a candle is painted Red, Tomato, Orange or Yellow during any time of the process, all positions should be closed.

Sell & Close-Sell Logics
Sell three equal positions when a candle closes between ATR Lime centre line and ATR Yellow line, Step Choppy Bars candle is red and previous Step Choppy Bar candle is Red or Aqua. Initial SL for the three opened positions is a candle closing above Aqua ATR line.
TP for the first position is a candle closing below Yellow ATR line. Once this TP is reached, the SL of the two remaining open positions will be moved to breakeven. TP for the second position is when a candle closing below Orange ATR line. Once this TP is reached, the SL of the remaining open position will be a candle closing above Yellow ATR line. If trend continues and price “touches” Red ATR line, SL of the last opened position will be now a candle closing above Orange ATR line. This last position will remain opened till SL is triggered or a candle is painted Yellow.

Note: In the case a candle is painted Blue, DodgerBlue, LightBlue or Aqua during any time of the process, all positions should be closed.

Note: If we see a sell opportunity but the candle is closing between Yellow and Orange lines (instead between Lime and Yellow lines), very close to yellow line, you may:
- Open three positions, apply the TPs and SLs for the 2nd and 3rd positions as usual and use the same TPs and SLs than the 2nd position for the 1st position.
- Open two positions, ignoring the 1st one and applying TPs and SLs for the 2nd and 3rd positions as usual. The same logic applies to a buy opportunity, but doesn't happen frequently.

When taking a position, always wait for the candle to close. A possible variation would be opening only one position and moving the SLs accordingly.

Pablosky said that, what he like about this system is that it generally gives accurate signals and if not, will tell you to exit early avoiding big losses. Also, it's very likely that for not so prolonged trends at least the first TP will be reached, so you will generally exit happy with profits. The system requires attention but not so much, it's enough to take a look at the chart every 4 hours to see how the candle is closing.