Simple 30 Min System!

[polishpip]

I have learned a great deal from Babypips, since I started trading about 1 and half years ago. I realized just now at quarter past midnight that I had not contributed a single system or educational post. Let me introduce myself: My name is Martin Dudaniec, I am a trader from Poland. I am a diehard technical trader, and I trade daily candles. I am very happy with my progress and success so far in Forex, so all you newbies keep your chins up and hang in there. I’ve demolished two live trading accounts and countless demo accounts, but I have finally found a formula for personal success. I will not be posting the system I use to enter the daily candle trades for now because it’s quite complicated with multiple levels of entries, exits, and would take me like, 4 hours to write here.
This is an extremely simple system which I have found useful experimenting with intra-day trading. I cooked this up on short notice just playing around with numbers and it seems to work well. I do not trade this live as of yet, but I am planning on refining it to higher standards and beginning day trading.
I am open to any suggestions you may have!
Set – Up:
30 Minute Candle Charts (GBP / USD , EUR/USD)
EMA 5 Applied to Close (red)
EMA 10 Applied to Open (aqua)
MACD Setting 8, 20, 9
RSI – 14

Entry Rules:

Long:
1. MACD Crosses negative to positive, RSI above 50
2. MACD is positive, 5 EMA re-crosses 10 EMA in positive direction
Short:
1. MACD Crosses positive to negative, RSI below 50
2. MACD is negative, 5 EMA re-crosses 10 EMA in negative direction
Exit Rules:
1. For Entries “1” , exit when the EMA’s re-cross each other in opposite direction
2. For Entries “2”, there is a profit taking level of 25 pips.
Money Management:
1. For Entries “1”, S/L = 30 pips. Manually Trailing stop of 30 pips is recommended. This will create more break-even trades but you will lose less money, and is the safer way to trade. For entries "2" Profit taking is 25 pips.
2. Risk no more than 5% of account each trade.
Has been tested on GBP / USD and EUR / USD



It’s very late so I’m sorry if this looks or sounds a little crude.
If you have any questions please contact me at martindudaniec@hotmail.com
or add me on skype: firefinancial

Regards,
Martin Dudaniec