Forex Trading

Setting is as follow:

K3M_K : Use default
K3M_M1 : Use default
K3M_M2 : Use default
K3M_M3 : Use default
EMA_Crosssignal: Set to 5, 10, false
Moving Average1: Set to EMA 5 close
Moving Average1: Set to EMA 10 close

When completed it should look like as shown below:
K3M_K : 1st
K3M_M1 : 2nd
K3M_M2 : 3rd
K3M_M3 : 4th


Entry Rules:

Chart : 1H TF
Pairs: GBP, EUR, CHF, YEN, AUD and CAD
No Trading 1 hour before Reports / News.
Do not trade during holiday period, check out the date yourself

Continual Up Trend Market:
K3M_K: Lime (longer bar)
K3M_M1: Green
K3M_M2: Green
K3M_M3: Green

Continual Down Trend Market:
K3M_K: Red (longer bar)
K3M_M1: Red
K3M_M2: Red
K3M_M3: Red

Trend Changing Market: Uptrend
EMA_Cross Signal: Green and UP Arrow
K3M_K: LimeGreen(shorter bar)
K3M_M1: Green
K3M_M2: Green
K3M_M3: Green

Trend Changing Market: Downtrend
EMA_Cross Signal: Red and Down Arrow
K3M_K: Brown(shorter bar)
K3M_M1: Red
K3M_M2: Red
K3M_M3: Red

Stop loss setting (suggestion only):
1)Set to the bar size of the previous bar
2) Minimum SL is 20

Escape if market is against you:
1) If the market did not stop out your SL wait for the second bar (bar after entry) and try to SL at break even. If not, you should stop loss before the end of second bar close. Don't have to wait for the market to stop you out.

TP (Suggestion only):
1) 2 mini lots
2) TP 1 mini lot after 10 pips profit
3) TP 2nd mini lot after20 pips profit


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