[Benjimang]

Hey Pederl, welcome to this system!

Pay attention to Maurizio's thoughts, they'll help you immensely. Just learning the nuts and bolts of the system is only the beginning. I also started out just grabbing 10 pips per trade, just to get used to seeing the system work, and build confidence. After you've been using it for a while, you'll start to learn what market conditions generate different size moves.

My only piece of advice is to watch your time frames. I use larger timeframes to identify 'macro' trends and to set profit targets, and I use smaller timeframes to time my entry.

Example: I see stochs and RSI or CCI heading into overbaught territory. So I'm waiting for the 1 period EMA to cross down below the 5 peroid EMA (or, if you like, I'm waiting for a new candle to form under the 5 EMA). I will look to the Daily to see if the situation is similar. If yes, then trade is good, an I can shoot for some higher profits (maybe 35-45 pip trailing stop). If the daily shows a slight bullish trend, then I might still make the trade, but with a small profit target. Then I will look to the Hourly and 30 min charts. When these line up (stochs and CCI are overbaught), THEN I will enter. This way I only need to use the appropriate stop loss for the smaller timeframe, but the larger profit target of the longer timeframe. This results in a favourable Risk : Reward ratio.

Does this make sense?

-Benjimang