Money Forex Trading System

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Money Forex Trading System

The money forex trading system is based on the K3m indicator. The suitable timeframe for this method is 1 hour and works best on GBP, EUR, CHF, YEN AUD, and CAD pairs. This system is not good to trade 1 hour before the economic news and holidays.

Continual Up Trend Market:

  • K3M_K: Lime (longer bar);
    K3M_M1: Green;
    K3M_M2: Green;
    K3M_M3: Green.

Money trading, Continual Down Trend Market:

  • K3M_K: Red (longer bar);
    K3M_M1: Red;
    K3M_M2: Red;
    K3M_M3: Red.

Money trading, Trend Changing Market: Uptrend

Green and UP Arrow confirmed by:

  • K3M_K: LimeGreen(shorter bar)
    K3M_M1: Green;
    K3M_M2: Green;
    K3M_M3: Green.

Money Trading,Trend Changing Market: Downtrend

Red and Down Arrow confirmed by:

  • K3M_K: Brown(shorter bar)
    K3M_M1: Red;
    K3M_M2: Red;
    K3M_M3: Red.

Stop loss: (suggestion only)

  • Set to the bar size of the previous bar;
  • Minimum SL is 20.

Exit if the market is against you:

  • 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.

Take profit: (Suggestion only):

  • 2 mini lots;
  • TP 1 mini lot after 10 pips profit;
  • TP 2nd mini lot after20 pips profit.

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