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Bullish Bearish “Simple” Momentum Trading System


Bullish Bearish “Simple” Trading System is a really simple trading system for all financial markets. The “trend is your friend” and “always trading in trend” is the spirit of this Bullish Bearish “Simple” Momentum Trading System.

Trading NOTES

DOWNLOAD INDICATOR

  • Time Frame: H1, or higher
  • Financial Markets: Forex, Stocks, Indices, and Commodities

 

MetaTrader Trading Indicators
  • Bullish & Bearish
  • Momentum
  • Deep Bar Indicator
  • GOLD99D1
  • Trader Wawasan TE v2.0
  • Joker Filter

 

BUY Rules


  • BUY Arrow confirmed by:
    • Filter 1 green bar
    • Bar Indicator green bar
    • Bullish and Bearish green bar
    • Trader Wawasan blue color
    • Momentum line above 100 level

 

SELL Rules

  • SELL Arrow confirmed by:
    • Filter 1 red bar
    • Bar Indicator red bar
    • Bullish and Bearish red bar
    • Trader Wawasan red color
    • Momentum line below 100 level

 

Trading NOTES
  • Initial stop loss at the previous swing
  • optional after 300 pips profit move stop loss at the entry price
  • Example Profit target for H4 TF trading
    • EUR/USD 500 pips
    • GBP/USD 600 pips
    • AUD/USD 400 pips
    • USD/JPY 300 pips
  • Use a demo account or a small live account first to practice this trading system

DOWNLOAD TRADING SYSTEM


READ  How To Trade and Identify Trend Reversal Patterns (RSI Trend Reversal Trading Strategy)

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