"KISS" Forex Trading System 1

Trading Setup:

1. trade on daily chart

2. EMA5 and EMA10 applied to the close

3. Stochastic (10,3,3)

4. RSI (14)

Trading Rules:

1. stop loss:

30pips or 50% ATR

2. entry rules:

a.) enter long if: the EMA5 cross above the EMA10 and both stochastic lines are heading up/ RSI more than 50 but below 70

b.) enter short if: EMA5 cross below EMA10 and both stochastic lines are heading down/

RSI less than 50 but more than 30

3. exit rules:

exit when EMA5 crosses the EMA10 in the opposite direction of your trade

OR RSI crossed back to 50