More Strategy from my Free strategy book page 8, 12, 44 and 54

14EMA SAR1
Trading Currency: EURUSD, USDJPY
Chart Time Frame: M15/H1/H4
Trading hours: All days All hours

Buy setup with 4 Rules
1# ASK is more then SMA (Average period = 14, Price Close)
and 2# ASK is more then SAR (Step = 0.02, Maximum = 0.2)
and 3# SMA (Average period = 14, Price Close) is more then SMA (Average period = 18,
Price Close)
and 4# SAR (Step = 0.02, Maximum = 0.2) is more then SMA (Average period = 14, Price
Close, shift = 1)

Stop loss = 60 and take profit = 30

Sell setup with 4 Rules
1# BID is less then SMA (Average period = 14, Price Close)
and 2# BID is less then SAR (Step = 0.02, Maximum = 0.2)
and 3# SMA (Average period = 14, Price Close) is less then SMA (Average period = 18,
Price Close)
and 4# SAR (Step = 0.02, Maximum = 0.2) is less then SMA (Average period = 14, Price
Close, shift = 1)

Stop loss = 60 and take profit = 30


MACDfast1a1
Trading Currency: GBPUSD
Chart Time Frame: M5
Trading hours: All days All hours

Buy setup with 6 Rules
1# SMA (Average period = 8, Price Close) is 1 PIPS morethen ASK
and 2# Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Signal) is
more then Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Signal,
SHIFT 1)
and 3# SMA (Average period = 21, Price Close) is 1 PIPS less then SMA (Average period
= 21, Price Close, SHIFT 1)
and 4# SMA (Average period = 55, Price Close, SHIFT 1) is 1 PIPS less then SMA
(Average period = 55, Price Close)
and 5# SMA (Average period = 55, Price Close) is 18 PIPS more then SMA (Average
period = 21, Price Close)
and 6# SMA (Average period = 8, Price Close, SHIFT 1) is 12 PIPS more then SMA
(Average period = 5, Price Close)
and 7# Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Main) is
more then Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Signal)
and 8# MACD (Fast EMA = 21, Slow EMA =55, Signal = 8, Price Close, Indicator Main) is
more then MACD (Fast EMA = 21, Slow EMA =55, Signal = 8, Price Close, Indicator
Signal)

Stop loss = 120 and take profit = 60

Sell setup with 6 Rules
1# SMA (Average period = 8, Price Close) is 1 PIPS less then ASK
and 2# Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Signal) is
less then Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Signal,
SHIFT 1)
and 3# SMA (Average period = 21, Price Close) is 1 PIPS more then SMA (Average period
= 21, Price Close, SHIFT 1)
and 4# SMA (Average period = 55, Price Close, SHIFT 1) is 1 PIPS more then SMA
(Average period = 55, Price Close)
and 5# SMA (Average period = 55, Price Close) is 18 PIPS less then SMA (Average period
= 21, Price Close)
and 6# SMA (Average period = 8, Price Close, SHIFT 1) is 12 PIPS less then SMA
(Average period = 5, Price Close)
and 7# Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Main) is less
then Stochastic (%K = 8, %D = 3, Slowing value = 5, Mode SMA, Indicator Signal)
and 8# MACD (Fast EMA = 21, Slow EMA =55, Signal = 8, Price Close, Indicator Main) is
less then MACD (Fast EMA = 21, Slow EMA =55, Signal = 8, Price Close, Indicator Signal)

Stop loss = 120 and take profit = 60

ADX5_ver101
Trading Currency: GBPUSD
Chart Time Frame: H1
Trading hours: All days all hours

Buy setup with 8 Rules
#1 MACD (Fast EMA = 12, Slow EMA = 26, Signal = 9, Price Close, Indicator Main) is less
then 0.0001
and 2# SAR (Step = 0.02, Maximum = 0.2) is more then SAR (Step = 0.02, Maximum =
0.2, SHIFT 1)
and 3# RSI (Period = 14, Price Close) is more then 60
and 4# SMA (Period = 5, Price Close) is more then SMA (Period = 10, Price Close)
and 5# SMA (Period = 100, Price Close) is more then SMA (Period = 100, Price Close,
SHIFT 1)
and 6# ADX (Period =14, Price High, Mode Main) is more then ADX (Period =14, Price
High, Mode Main, SHIFT 1)
and 7# ADX (Period =14, Price High, Mode +DI) is more then ADX (Period =14, Price
High, Mode -DI)
and 8# ADX (Period =14, Price High, Mode Main) is less then 35

Stop loss = 100 and take profit = 100

Sell setup with 8 Rules
#1 MACD (Fast EMA = 12, Slow EMA = 26, Signal = 9, Price Close, Indicator Main) is
more then -0.0001
and 2# SAR (Step = 0.02, Maximum = 0.2) is less then SAR (Step = 0.02, Maximum = 0.2,
SHIFT 1)
and 3# RSI (Period = 14, Price Close) is less then 70
and 4# SMA (Period = 5, Price Close) is less then SMA (Period = 10, Price Close)
and 5# SMA (Period = 100, Price Close) is less then SMA (Period = 100, Price Close,
SHIFT 1)
and 6# ADX (Period =14, Price High, Mode Main) is more then ADX (Period =14, Price
High, Mode Main, SHIFT 1)
and 7# ADX (Period =14, Price High, Mode +DI) is more then ADX (Period =14, Price
High, Mode -DI)
and 8# ADX (Period =14, Price High, Mode Main) is more then 45

Stop loss = 100 and take profit = 100

5min2pips2
Trading Currency: EURCHF
Chart Time Frame: D1
Trading hours: All days all hours

Buy setup with 7 Rules
1# SMA (Period = 6, Price Close) is 2 PIPS more SMA (Period = 6, Price Close, SHIFT 1)
and 2# ASK is 20 PIPS less then SMA (Period = 6, Price Close)
and 3# LOW is more then SMA (Period = 6, Price Close)
and 4# ASK is more then [ CLOSE – 10 PIPS ]
and 5# ASK is less then CLOSE
and 6# HIGH is 1 PIPS more then CLOSE
and 7# CLOSE is 1 PIPS more then OPEN

Stop loss = 30 and take profit = 60

Sell setup with 7 Rules
1# SMA (Period = 6, Price Close) is 2 PIPS less SMA (Period = 6, Price Close, SHIFT 1)
and 2# BID is 20 PIPS more then SMA (Period = 6, Price Close)
and 3# HIGH is less then SMA (Period = 6, Price Close)
and 4# BID is less then [ CLOSE + 10 PIPS ]
and 5# BID is more then CLOSE
and 6# LOW is 1 PIPS less then CLOSE
and 7# CLOSE is 1 PIPS less then OPEN

Stop loss = 30 and take profit = 60

Read this for more free strategies

Get your FREE eBook today. Comes with 40+ Strategies with take profit and stop loss. Hundreds of copies are already given away FREE. Get yours now. Simply key in your email address below and subscribe to my news post feed. You not only get to dowload the free eBook, you also receive FREE email posting updates from us directly into your inbox.

Enter your email address:


Delivered by FeedBurner

Expert tactics to become make the most of every swing trade
In Mastering the Trade, veteran trader and educator John Carter shares his hard-won five-point technique for successful swing trading. In addition, Carter helps you move to the next level of confidence by explaining how markets really work and detailing behind-the-scenes market mechanics.

Mastering the Trade: Proven Techniques for Profiting from Intraday and Swing Trading Setups (McGraw-Hill Trader's Edge Series) Click here to see 116 customer reivews

Finally, the first comprehensive guide to MQL programming is here! Expert Advisor Programming guides you through the process of developing robust automated forex trading systems for the popular MetaTrader 4 platform. In this book, the author draws on several years of experience coding hundreds of expert advisors for retail traders worldwide. You'll learn how to program these common trading tasks, and much more: - Place market, stop and limit orders. - Accurately calculate stop loss and take profit prices. - Calculate lot size based on risk. - Add flexible trailing stops to your orders. - Count, modify and close multiple orders at once. - Verify trading conditions using indicators and price data. - Create flexible and reusable source code functions. - Add advanced features such as timers, email alerts and Martingale lot sizing. - Avoid common trading errors and easily troubleshoot your programs. - Adjustments for fractional pip brokers and FIFO. - Plus, learn how to create your own custom indicators and scripts! Whether you're a beginner or an experienced programmer, Expert Advisor Programming can help you realize your automated trading ideas in the shortest amount of time. This book features dozens of code examples with detailed explanations, fully-functioning example programs, and reusable functions that you can use in your own expert advisors!

Expert Advisor Programming: Creating Automated Trading Systems in MQL for MetaTrader 4 Click here to see 10 customer reivews

While new technology and complicated theories promise to take your trading to "the next level," the truth is that long-term success in this field is rooted in simplicity. That's why Al Brooks has created Reading Price Charts Bar by Bar.

With this book, Brooks—a technical analyst for Futures magazine and an independent trader—demonstrates how applying price action analysis to chart patterns can help enhance returns and minimize downside risk. Along the way, you'll discover the importance of understanding every bar on a price chart, why particular patterns are reliable setups for trades, and how to locate entry and exit points as markets are trading in real time.

Throughout these pages, some of the most useful tools for deciphering price action are covered in detail, including:

• Trendlines and trend channel lines
• Prior highs and lows
• Breakouts and failed breakouts
• The size of bodies and tails on candles
• The relationship between current bars to prior bars
• And much more

Learning what the market is telling you can be difficult, but with the right approach, you can achieve this goal and capture consistent profits in the process. Reading Price Charts Bar by Bar has all the information you need to succeed at this endeavor and will put you in the best position possible to make the most of your time in today's turbulent markets.

Praise for Reading Price Charts Bar by Bar

"Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any trader that wants to learn his own path to success."
—Noble DraKoln, founder ofwww.SpeculatorAcademy.com and author of Trade Like a Pro and Winning the Trading Game

"Al Brooks is a trader's trader. He understands the focused energy it takes to be successful at trading and works long, hard hours in front of the computer screen to beat the markets. In his first trading book, he outlines, selflessly, his strategy step by step. A doctor and educator in his previous life, he uses his eye for detail and transfers lessons he learned in training himself on the art of trading to the written page. For those who are willing to delve into the details of day trading and dedicate the time and energy to do it seriously and most likely profitably, Al Brooks's book Reading Price Charts Bar by Bar, is a must-read."
—Ginger Szala, Publisher and Editorial Director, Futures magazine

Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading) Click here to see 73 customer reivews