gbpusdsystem

14
Bonus System I will go straight into explaining the system setup and trading rules. So hold on tight and keep reading. System set up - Daily Chart on GBP/USD - 4 hours Chart on GBP/USD

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Forex. GBP USD strategy

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Page 1: GBPUSDSystem

Bonus System

I will go straight into explaining the system setup and trading rules. So hold on tight and

keep reading.

System set up

- Daily Chart on GBP/USD

- 4 hours Chart on GBP/USD

Page 2: GBPUSDSystem

- Slow Stochatics (13,5,5) on both charts

Page 3: GBPUSDSystem

- EMA 4, EMA13, EMA50 on the 4 hours chart

Page 4: GBPUSDSystem
Page 5: GBPUSDSystem

Long entry rules

To determine the correct entry point for long position, do the following things

1. Check the daily chart

2. Make sure that Slow %K stays above Slow %D on the Daily Chart

Page 6: GBPUSDSystem

3. Enter long position when the following conditions are met on the 4-Hour chart

- EMA4 first crosses above the EMA50

- Follow by EMA13 crosses above the EMA50

Stop loss

Place your stop loss 50 pips from the entry point

Page 7: GBPUSDSystem

Exit

When EMA4 reverse and cross the EMA13 on the 4-Hour chart

Short entry rules

To determine the correct entry point for short position, do the following things

1. Check the daily chart

2. Make sure that Slow %K stays below Slow %D on the Daily Chart

3. Enter short position when the following conditions are met on the 4-Hour chart

Page 8: GBPUSDSystem

- EMA4 first crosses below the EMA50

- Follow by EMA13 crosses below the EMA50

Stop loss

Place your stop loss 50 pips from the entry point

Exit

When EMA4 reverses and crosses the EMA13 on the 4-Hour chart

Page 9: GBPUSDSystem

Trades examples

Example 1

In this example, we are going to trade the GBP/USD pair. First we check the daily chart

and find that

Slow %K stays above Slow %D. So this is the valid condition for long entry point.

Page 10: GBPUSDSystem

Then we look at the 4 hour chart. The EMA 4 crosses the EMA 50 and later on, the EMA

13 also crosses the EMA 50 and confirms the entry point. So we start our long position

at 1.8450 and place the stop loss 50 pips below the entry point at 1.8400. The trade is

going up in our favor direction. When the EMA 4 reverses and cuts back EMA 13, we exit

our trade and pocket 530 pips

Examples 2

In this example, we are going to trade the GBP/USD pair. First we check the daily chart

and find that

Slow %K stays above Slow %D. So this is the valid condition for long entry point.

Page 11: GBPUSDSystem

Then we look at the 4 hour chart. The EMA 4 crosses the EMA 50 and later on, the EMA

13 also crosses the EMA 50 and confirms the entry point. So we start our long position

at 1.8360 and place the stop loss 50 pips below the entry point at 1.8310. The trade is

going up in our favor direction. When the EMA 4 reverses and cuts back EMA 13, we exit

our trade and pocket 400 pips

Page 12: GBPUSDSystem

Short examples

Example 1

In this example, we are going to trade the GBP/USD pair. First we check the daily chart

and find that

Slow %K stays below Slow %D. So this is the valid condition for short entry point.

Page 13: GBPUSDSystem

Then we look at the 4 hour chart. The EMA 4 crosses the EMA 50 and later on, the EMA

13 also crosses the EMA 50 and confirms the entry point. So we start our short position

at 1.8750 and place the stop loss 50 pips above the entry point at 1.8800. The trade is

going down in our favor direction. When the EMA 4 reverses and cuts back EMA 13, we

exit our trade at 1.8320 and pocket 430 pips

Example 2

In this example, we are going to trade the GBP/USD pair. First we check the daily chart

and find that

Slow %K stays below Slow %D. So this is the valid condition for short entry point.

Page 14: GBPUSDSystem

Then we look at the 4 hour chart. The EMA 4 crosses the EMA 50 and later on, the EMA

13 also crosses the EMA 50 and confirms the entry point. So we start our short position

at 1.8450 and place the stop loss 50 pips above the entry point at 1.8500. The trade is

going down in our favor direction. When the EMA 4 reverses and cuts back EMA 13, we

exit our trade at 1.7920 and pocket 530 pips