Posted in Forex Trading Systems
This is another 4H technique i used before I’ve found my own swing technique. This technique and tlatomi trading method had gave valuable contribution to the development of my own swing technique.
I take “Vynner” from the name of the person who originally created and published this technique. Since June 2006 it gives 250 pips a month in average. Since this is a swing technique, it will only give one or two trade a month.
What interesting me at the first time i read this technique was that it use 50 pips stop. While each trade potentially gives more than 100 pips profit. What a good risk-reward ratio.
Below are Vynner Swing Technique details:
Things you need:
1) Daily Chart on GBP/USD
2) 4 hours Chart on GBP/USD
3) Slow Stochatics (13,5,5) on both charts
4) EMA 4, EMA13, EMA50 on the 4 hours chart
Look at 4 hours chart
Entry:
When the EMA4 first cross the EMA50 follow by EMA13 cross the EMA50, with a new open candle, place your entry with a stop loss of 50pips.
Exit :
When EMA4 reverse and cross the EMA13 on the next open candle.
For Filter look at Daily chart
Valid Long Entry:
Slow %K above Slow %D on the Daily Chart
Valid Short Entry:
Slow %D above Slow %K on the Daily Chart
This technique work best on GBP/USD.
Below picture showing valid Long Entry
Below picture showing valid Short Entry
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Thanks for the new technique
I try it on demo.
EMA4 (white) cross EMA50 (pink)
EMA13 (orange) cross EMA50 (pink) too on H4 chart
http://img29.picoodle.com/img/.....f353bb.gif
The Stochatics on daily:
and the green line cross the red line from bottom
http://img34.picoodle.com/img/.....0ff2b2.gif
OP long on 2.0395
S/L on 2.0345
and the result I got S/L 50 points
so, though it was a valid long entry based on vynner technique, we knew then that it was not a profitable entry
we’ll see the next entry signal, hope it will be a profitable entry