Another simple system - Time-Frame 15 (Another simple system - Time-Frame 15)

Hello everyone

After a long wait...I finally introduce you to a new method. It turned out to be 80% profit for me.

About Me : I have been trading Forex for over 2 years. Before entering the Forex market, I traded stocks for a while. But Forex is more interesting than the stupid stock market.

Sorry for my English...it's not my native language.

System: time range 15

This strategy is purely based on price action. However, to confirm this, we will see where the price rebounded from. For example, the 200 EMA is well respected on any time frame. Therefore, we only use the 15-minute time frame for this strategy. Why less than 15 minutes will give you more false information and more than this will bring huge stop loss is unacceptable to me. Because I don't trade millions. .What we try to do here is make maximum money with very little investment.

I will explain in detail how to place these bounce trades after TDI confirmation. I don't believe in adding a lot of moving averages as it ruins the look of the chart. The time we look for trades is after the London market opens. Why? At that time, more funds will enter the market. More money means more motivation. More power means more points. The more points you get, the more money you can take home.

set up:

We will wait for London to open. After the open, we will look for trades away from the 200 EMA. There is more than one setting. But for beginners of this system. Practice your eyes on this setting, I'll detail the other settings later. Before you place a trade, the price should be below the 10EMA for shorts and above the 10EMA for longs.
Money management
SL is 20 pips TP depending on the trader, you can let it run until TDI crosses back. Or you can close the position at 1:1. Like many other systems, even this system can fail during very high fluctuation times. Demonstrate it, demonstrate it, demonstrate it...until you are consistent with this strategy. After 12 pips I move my stop loss to BE. I don’t want to give ideas back to the market. Never risk more than 2% on a single trade

If you already trade with TDI, this is very easy. For this setup, the TDI green should cross the yellow line. Please read the Dean Malone TDI User's Guide to learn more about TDI. We will discuss re-typing and other settings later as it can be confusing for all newbies. Please see attached picture below

Indicators used:
1)200 EMA (1 hour 50EMA)
2)800 EMA (4 hours 50 EMA)
3) 10EMA
4) Round indicator
5) Trading time indicator