[TheDarkPip]

James ” 40-100 pips a day ” system in a nutshell


Tools: Only one tool “Deal with it “

1. Slow stochastic- Setting: 8.3.3 or 8.3 is fine

Rules:

1. The Inside Bar (IB) must be “Engulfed” by the outer (Previous) candle.

Note: The (IB) can be the same size of the outer bar to be considered a valid trade.

When to trade:

1. If the Slow Stochastic moves “Around” or “Below” the 20 on the oversold
we are looking to go “LONG/BUY”

2. If the Slow Stochastic moves “Around” or “Above” the 80 on the
overbought we are looking to go “SHORT/SELL”

Note: Look for a hooking motion (Think of Captain Hook’s actual
HOOK) on the Stochastic meter. This helps with identifying when to
enter in the trade.

3. ( IMPORTANT )

To enter a trade wait for the “next bar” after the “IB” to go up 1-2 pips
higher than the “IB” for a buy signal or 1-2 pips lower for a sell signal.

4. ( IMPORTANT )

If after the IB formed you get another bar the same size as the IB and it
doesn’t go 1-2 pips either way then you may look at up to 3 more bars
after the IB bar to confirm a signal and enter a trade. If you don’t get a
signal stand a side and wait for a new IB to form.

Exiting a trade:

There is not “SET” method for exiting a trade. Please read the forums for more advice on this matter.

Last words of advice:

If you are new to this system please “DEMO” trade is for a minimum of 1 month.

If you’re a pro “DEMO” trade for 1 week or a little longer. This is just to break old habits.

** I TAKE NO CREDIT FOR ANYTHING ABOVE. THIS IS ALL JAMES SYSTEM. I HAVE JUST PUT IT IN A FORMAT THAT IS EASIER FOR ME TO UNDERSTAND AND SHARING IT WITH OTHERS WHO MAY HAVE A HARD TIME WITH IT **