5-day intensive course delivering a method that anyone can easily master ~【Day 1】
From yesterday's trades
【USDJPY】
15M had a clean trend for euro and pound and it went smoothly
5M scalping yielded 100 PIPs profit across three dollar pairs.
【Concentrated Account Day 1】
This time I will disclose a trading method using indicators that are freely available on the Internet, to the public.
And on day 5 I will explain the current day-trading chart I am using.
On day 1, I will put on the chart the basic trend direction.
It is fine to use 15M, 30M, or even 1H+, but for everything except the 5M scalping chart I will use this to determine the trend direction.
What I include are two EMA lines: 13 and 75.
13 is shown in red and 75 in blue.
When 13 is above 75, I define it as an uptrend; when it is below, a downtrend.
To make it easy to read, I colored the area between 13 and 75; blue tones for uptrends, pink tones for downtrends.
From here I will call this FLD (Flying Dragon); please see the attached photo.
In an uptrend, I basically only look to buy; in a downtrend, I only look to sell. This is the basic principle.
From day 2 onward, I will discuss entry points using FLD plus other indicators.
For those who have read for 5 days, I plan to make FLD available for free download from fx on.
Additionally, for five people only, I plan to invite you to a free one-on-one FX Rescue lesson via SKYPE to discuss your strategy and questions.