bnaimy
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Manual trading method by Bashir Naimy
This method can be traded on any futures markets and even on the forex market.
The charts that you will need:
1: 2min chart with macd with settings of 12.26.3 and 10ema and a slow stochastic with settings of 10.3.2
2: 9min chart with slow stochastic with settings of 10.3.2 and a macd with settings of 12.26.3 and a 10ema
3: 89tick chart with 10ema
All the stochastic must have its overbought line at 85 and oversold line at 15, no exceptions please.
If there is someone who doesn’t have access to tick charts then you can use a 1minchart with a 5 ema. The same rules will apply.
So how do I trade this?
Here are the rules, no exceptions please. Follow them and that’s it.
When can I go long?
When all the rules are ok, you just go market, no exceptions:
When:
1: 9min chart macd is crossed and if you can with your eye see that there is separation, as long as you can see a separation, then that’s enough. There is no fixed number here.
And the stochastic must also be crosses (same as macd) and the slow d-line must be below the overbought line 85.
Price must be above the 9mins 10ema, no need to wait for a bar to close above it, if price is above then that is enough.
2: 2min macd must be crossed (same as the 9min macd) and the slow stochastic must be crossed (same) and the slow-d line must be below the overbought line 85.
Price must also be above the 2mins 10ema (same)
3: Price must be above the 10ema on the 89tick (same)
These are the rules and MUST be followed, otherwise it will not work and you will lose money.
Where and how do I cover my position?
When trading with 2 contracts you need two targets and I recommend trading in even numbers like 2, 4,6,8,10,12 and so forth. A number you can divide with 2 and get even number on each side.
When trading 2 contracts you do the following and the same goes for any other even number of contract.
Do the following:
1: When price goes +10 you move your stop to breakeven +1
2: When price move some more and you get +15 in your favor you sell 1 contract at market.
3: The last contract you sell at market when the 2min macd lines gets very close so that you barley can see any spacing.
While you are waiting for your macd to do this, you are allowed to move your stop from breakeven to 1 tick below the last two previous bars, assuming that place is higher than your entry of course. Otherwise there will be no point with doing that.
Doing this will lock some of your profits on your second contract, in case the marked reverse really fast. If it does not you will keep moving your stop 1 tick below the 2 previous bars and trail this way.
If you are trading the NQ then instead of +10 you use 2.5 points and scale out first target at +3.5 points instead of +15. And you stop is then 5 points on the NQ. On the YM it is 20 ticks.
When do I go short?
No a hard nut to crack, just do the opposite of the long.
Words of wisdom:
Don’t trade before 09:45
Don’t trade after 11:45 and start trading after 13:05, trading in this time is usually a dangerous game and there is little volume.
And stop trading at 15:45 or 15:50, you decide. I stop at 15:50
Be a cold fish and don’t do anything stupid because your gut felling was telling you something.
Your emotions are your biggest enemy, so kill it before it kills your account.
Money management
I recommend trading with 2 contracts, not with 1.
You don’t have any flexibility with just 1 and making any money will be difficult.
When trading 2 contracts you must have 10000 in your account so your risk is only 2% of your account pr trade.
When your account grow to 20000 you can increase to 4 ,but I recommend you still trade 2 contracts that way you risk only 1%. When you double it again you can then go to using 4 contracts.
Enjoy and make loads of money 😉
I will ask any questions on this thread, so please dont send me private messages as i want the answers to be available to everyone.
I have attached a pdf file that have the rules in there as well.
ANd there is also a temple for sierracharts attached that anyone can use.
Regards
Bashir N
This method can be traded on any futures markets and even on the forex market.
The charts that you will need:
1: 2min chart with macd with settings of 12.26.3 and 10ema and a slow stochastic with settings of 10.3.2
2: 9min chart with slow stochastic with settings of 10.3.2 and a macd with settings of 12.26.3 and a 10ema
3: 89tick chart with 10ema
All the stochastic must have its overbought line at 85 and oversold line at 15, no exceptions please.
If there is someone who doesn’t have access to tick charts then you can use a 1minchart with a 5 ema. The same rules will apply.
So how do I trade this?
Here are the rules, no exceptions please. Follow them and that’s it.
When can I go long?
When all the rules are ok, you just go market, no exceptions:
When:
1: 9min chart macd is crossed and if you can with your eye see that there is separation, as long as you can see a separation, then that’s enough. There is no fixed number here.
And the stochastic must also be crosses (same as macd) and the slow d-line must be below the overbought line 85.
Price must be above the 9mins 10ema, no need to wait for a bar to close above it, if price is above then that is enough.
2: 2min macd must be crossed (same as the 9min macd) and the slow stochastic must be crossed (same) and the slow-d line must be below the overbought line 85.
Price must also be above the 2mins 10ema (same)
3: Price must be above the 10ema on the 89tick (same)
These are the rules and MUST be followed, otherwise it will not work and you will lose money.
Where and how do I cover my position?
When trading with 2 contracts you need two targets and I recommend trading in even numbers like 2, 4,6,8,10,12 and so forth. A number you can divide with 2 and get even number on each side.
When trading 2 contracts you do the following and the same goes for any other even number of contract.
Do the following:
1: When price goes +10 you move your stop to breakeven +1
2: When price move some more and you get +15 in your favor you sell 1 contract at market.
3: The last contract you sell at market when the 2min macd lines gets very close so that you barley can see any spacing.
While you are waiting for your macd to do this, you are allowed to move your stop from breakeven to 1 tick below the last two previous bars, assuming that place is higher than your entry of course. Otherwise there will be no point with doing that.
Doing this will lock some of your profits on your second contract, in case the marked reverse really fast. If it does not you will keep moving your stop 1 tick below the 2 previous bars and trail this way.
If you are trading the NQ then instead of +10 you use 2.5 points and scale out first target at +3.5 points instead of +15. And you stop is then 5 points on the NQ. On the YM it is 20 ticks.
When do I go short?
No a hard nut to crack, just do the opposite of the long.
Words of wisdom:
Don’t trade before 09:45
Don’t trade after 11:45 and start trading after 13:05, trading in this time is usually a dangerous game and there is little volume.
And stop trading at 15:45 or 15:50, you decide. I stop at 15:50
Be a cold fish and don’t do anything stupid because your gut felling was telling you something.
Your emotions are your biggest enemy, so kill it before it kills your account.
Money management
I recommend trading with 2 contracts, not with 1.
You don’t have any flexibility with just 1 and making any money will be difficult.
When trading 2 contracts you must have 10000 in your account so your risk is only 2% of your account pr trade.
When your account grow to 20000 you can increase to 4 ,but I recommend you still trade 2 contracts that way you risk only 1%. When you double it again you can then go to using 4 contracts.
Enjoy and make loads of money 😉
I will ask any questions on this thread, so please dont send me private messages as i want the answers to be available to everyone.
I have attached a pdf file that have the rules in there as well.
ANd there is also a temple for sierracharts attached that anyone can use.
Regards
Bashir N
