Golden Turtle Trading System - Forexcracked

Transcription

Golden Turtle Trading SystemThe Golden Turtle System is very simple and very profitable providedyou trade according to the rules. The system is for intraday trading. Itis also designed to be traded only on the H1 time frame. It is set upfor taking 20-30 pips each trade. You will easily find more than 5best trading opportunities per day. This system will guide you beyondyour dreams.The indicators used in this system are not made by me, but thecombination and this system is invented by me. So, the credit for theindicators should go to those who created them.Identifying the Trading System and Indicators.Trend Candle.In this system, you can see a different candle. It is not the usualcandlestick or HeikenAshi. This Trend Candle helps to identify thetrend.www.facebook.com/GoldenTurtleFXPage 1

www.facebook.com/GoldenTurtleFXPage 2

Color MAThen we use a powerful Moving average signal. Let’s call it “colorMA”. BLUE for BUY RED for SELLYou will get a Sound alert, when the Color MA changes its color. Youcan change the Sound if you wish. I use a Long Audio sound for thisalert.www.facebook.com/GoldenTurtleFXPage 3

White MAThen we use another MA. Let’s call it the “WHITE MA”. This is ourtrading direction. So, we never trade against White MA direction. Price above White MA--- BUY Price below White MA--- SELLwww.facebook.com/GoldenTurtleFXPage 4

Yellow DOT.Then we use a parabolic signal. Please refer to the charts tounderstand the flipping of these yellow dots. Yellow Dot Above the current candle --- Sell Yellow Dot Below the current candle --- Buywww.facebook.com/GoldenTurtleFXPage 5

ATR SignalNext, we use a powerful signal. You can see Pink Dots and BLUEDots in the chart. PINK DOT--- SELL BLUE DOT--- BUYwww.facebook.com/GoldenTurtleFXPage 6

MACD SIGNALNext, we use a MACD Signal. You can see an Up and Down Arrowwith a vertical dot line in the chart.www.facebook.com/GoldenTurtleFXPage 7

Pivot pointsWe use pivot points in our system (Horizontal lines S1, S2 .). But,you don’t have to worry about pivot points for trade entries. We usePivot points to set our Take Profit or TP’s. Normally I use Next Pivotpoint or 20 pips for my TP.www.facebook.com/GoldenTurtleFXPage 8

Trade Entry.We trade only on H1 Time frame.Always wait until close of the candle for trade entry and exit.(The remaining time until the expiration of the current candle isindicated next to the current candle.)Trade Type 01--- Fresh Candle TradeSell Order1. Color MA changes its color to RED. (Wait for Sound alert/ Wait untilclose the candle)2. Trend candle change its color to RED (Wait until the close of thecandle).3. Red candle should close below White MA4. These 3 should appear above the Red candleA. MACD Down ArrowB. Yellow DOTC. PINK DOTAnd the opposite for BUY ordersImportant Always wait until “Color MA”change its color. Then check otherconfirmations. After the “Color MA” signal, a “Fresh Candle”should be the First orsecond Red candle or the previous Red candle.(For a sell ) Also get an idea about the distance between the price and the“White MA”. More closer to the “White MA” is better. You can see apips counter between the price and “White MA”--- Top Left cornerwww.facebook.com/GoldenTurtleFXPage 9

I have attached examples to identify the “Fresh Candle/ Fresh Trade”.www.facebook.com/GoldenTurtleFXPage 10

www.facebook.com/GoldenTurtleFXPage 11

www.facebook.com/GoldenTurtleFXPage 12

www.facebook.com/GoldenTurtleFXPage 13

www.facebook.com/GoldenTurtleFXPage 14

www.facebook.com/GoldenTurtleFXPage 15

Trade Type 02----- Gold TradeSell Order1. Color MA changes its color to RED. (Wait for Sound alert/ Wait untilclose the candle)2. Trend candle change its color to RED ( Wait until close the candle )3. Red candle should close below White MA4. These 2 should appear above the Red candleA. Yellow DOTB. PINK DOTSo you do not see MACD down Arrow on the Red candle.LOOK LEFT ---- MACD down Arrow should be within first 6 (Less isbetter) previous candles for a valid sell trade.And the opposite for BUY orders.See attached Exampleswww.facebook.com/GoldenTurtleFXPage 16

www.facebook.com/GoldenTurtleFXPage 17

www.facebook.com/GoldenTurtleFXPage 18

www.facebook.com/GoldenTurtleFXPage 19

www.facebook.com/GoldenTurtleFXPage 20

Trade Type 03----- Second ChanceSell TradeThis is a re trading on a Trend. Should wait until “color MA”changeit’scolor to Blue, then change again in to Red and with MACD flip.And the opposite for BUY orders.NOTE :- Trade type 03 is bit risky. So use trade type 03 with yourextra knowledge in forex trading. (As a Example I look for MACDDivergence )Check sample images.www.facebook.com/GoldenTurtleFXPage 21

www.facebook.com/GoldenTurtleFXPage 22

www.facebook.com/GoldenTurtleFXPage 23

www.facebook.com/GoldenTurtleFXPage 24

STOP LOSSPlease Stop loss On the Pink dot in a Sell trade andPlace SL below the BLUE Dot in a Buy Trade.Or use the Trade Exit method without using a SL (If you can monitoryour Trade)www.facebook.com/GoldenTurtleFXPage 25

Exit from a loss Trade.If the price did not hit the TP and is going against our direction, waituntil change MA Color Candle Color.See attached Images.www.facebook.com/GoldenTurtleFXPage 26

www.facebook.com/GoldenTurtleFXPage 27

Golden Turtle Trading System The Golden Turtle System is very simple and very profitable provided you trade according to the rules. The system is for intraday trading. It is also designed to be traded only on the H1 time frame. It is set up for taking 20-30 pips each trade. You will ea