Trading Made Simple - System Rules (I Use)

Hi all,

Please see the rules I use to trade the FREE 'Trading Made Simple' method that can be found HERE.

Time I enter trades:
5-6:30am UK Time Zone

Entry:

TDI:
Clearly above red line?
Yes (Proceed)
No (Avoid)

Stochastics:
Same direction as TDI?
Yes (Proceed)
No (Avoid)

Support/Resistance:

Taking a long trade near resistance?
Yes (Avoid)
No (Proceed)

Short trade near support?
Yes (Avoid)
No (Proceed)

Entering on candle 1 or 2?
Yes (Proceed)
No (Candles 3 or later do not trade!)

Exits

If TDI hooks, flattens, or makes a checkmark reversal, GET OUT! Simple as that. Close all trades at 3rd candlestick.