Wednesday, January 30, 2013

supertrend system MTF

Nice simple system
15 minute charts (so not to manic)
Set two super trends on the chart, one for the 15 minute chart and the MTF Supertrend for the 30 minute
I have the dolly trading times indicator on the chart and I start trading around 6am EST, stop trading around 9am
When the 30 minute supertrend is below the 15 minute supertrend I am looking for longs, and when I see price breaking support I go long

Reverse for shorts
It may be too early to break out the champagne but I have had 10 wins no losses in the last 10 days. I take one trade a day, I have a 30 pip stop loss and a 30 pip take profit
Download supertrend system

Tips of the Post: Go with the trend! Trend is your friend. Trade with the trend to maximize your chances to succeed. Trading against the trend won't "kill" a trader, but will definitely require more attention, nerves and sharp skills to rich trading goals.

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