FOREX INCOME BOSS. Presents. SRT Profit System

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1 FOREX INCOME BOSS Presents SRT Profit System Published by Alaziac Trading CC Suite 509, Private Bag X503 Northway, 4065, KZN, ZA Copyright 2014 by Alaziac Trading CC, KZN, ZA Reproduction or translation of any part of this work by any means, electronic or mechanical, including photocopying, beyond that permitted by the copyright law, without permission of the publisher, is unlawful. Trademarks: Alaziac Trading CC,

2 RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial market. The contents of this material are for general information and educational purposes only (contents shall also mean the website or any website the content is hosted on, and any correspondence or newsletters or postings related to such website). Every effort has been made to accurately represent this product and its potential. There is no guarantee that you will earn any money using the techniques, ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using our product, ideas and techniques. We do not purport this to be a get rich scheme. Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes only and should not be construed as investment advice or strategy. No representation is being made that any account or trader will or is likely to achieve profits or losses similar to those discussed in this report or anywhere on Past performance is not indicative of future results. By purchasing any content, subscribing to our mailing list or using the website or contents of the website or materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be read herewith. So too, all the materials contained within this course, including this manual, whether they appear on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all our rights in this regard. Alaziac Trading CC, in association with the website, content, and its representatives do not and cannot give investment advice or invite customers or readers to engage in investments through this course or any part of it. The information provided in this content is not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject us to any registration requirement within such jurisdiction or country. Hypothetical performance results have many inherent limitations, some of which are mentioned below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and actual results subsequently achieved by any particular trading program and method. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the trading losses are material points that can also adversely affect trading results. There are numerous other factors related to the market in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual trading results. We reserve the right to change these terms and conditions without notice. You can check for updates to this disclaimer at any time by visiting Governing law: this policy and the use of this report/ebook, provided in any form, and any content on the website are governed by the laws of the Republic of South Africa. Further details on this are found under the Terms and Conditions on our site. Please ensure you read and agree with all Terms and Conditions as set out on our site before using any of the materials. Your use and reliance on the materials is based on your acceptance of such Terms and Conditions and policies as appear on the site.

3 1. Introduction Welcome to SRT System. SRT stands for Support, Resistance and Trendlines. These techniques are old-school, but to this day have remained extremely powerful and consistent. I have had an indicator built that will take the old concepts of support, resistance and trendlines to a new level, and from that, we can easily make trading much more simple to identify, and in turn, way more profitable. With the SRT indicator, areas of support and resistance will be pointed out to you, and because of this, the SRT indicator is also able to draw trendlines for you! The SRT system will include the powerful SRT indicator that you can use on its own, but will also include a couple of additional filters. It works on all timeframes, although I d recommend you skip the 1 minute timeframe....it also works on all currency pairs. 3

4 2. Downloading and Installing the Indicator 1. First make sure you ve downloaded the file. 2. After you ve downloaded the file, locate it on your hard drive (it s usually in your Downloads folder). Double click to open it or right click on it and choose Extract from the drop down menu. 3. After you opened the downloaded zip file, you ll notice the Indicators folder and you will also see the autoinstaller.exe file. This file is the autoinstaller file. 4. If you don t have WinRar or similar application installed, you might be prompted to extract or run the file. Choose Run. 5. Once you run the autoinstaller.exe file, the auto-installation wizard will appear. On the first screen, choose Next. 6. Read the license agreement on the next page and check I accept the agreement if you accept it, then click Next. 7. You can choose the platforms for which the system indicators will be installed. If you have several platforms installed, they will all show up here and you can check some of them or all. After that click "Next" to continue. 8. After the installation is done, you can also click Next to continue. 9. After the successful installation, the final screen will appear. You can click Finish here. 4

5 If you d like to automatically open the platform too, you can check Run this MetaTrader application after install and from the dropdown menu choose which platform you want to open. 3. Loading the Custom Indicators Now that you have the software installed on your MetaTrader 4 trading platform you can apply the FIB - SRT indicator to any chart. Alternatively, you can apply the SRT template and have the complete SRT system on your chart. You'll find the SRT indicator in your indicators folder called FIB - SRT. You will also find a template in your templates folder called SRTProfitSystem. Apply the SRTProfitSystem template to your chart and yours will look like the one in this manual. 5

6 4. Elements Of The System There are three main elements of the SRT system: 1. SRT indicator 2. 8 Simple Moving Average (SMA) 3. OsMA 6

7 SRT Indicator The SRT indicator is the main indicator in this system. It will continuously monitor the charts for you and mark the levels of support and resistance and then plot the most recent bullish and bearish trendlines. The levels of support will be pinpointed by a blue diamond and then from there a red dotted line will emerge out to the right until a new level of support is found. The levels of resistance will be pinpointed by a red diamond and then from there a blue dotted line will grow out to the right until a new level of resistance is found. A blue bullish trendline will be formed connecting the last 2 points of resistance. The first point must be higher than the second point. A red bearish trendline will be formed connecting the last 2 points of support. The first point must be lower than the second point. 7

8 8 Simple Moving Average (SMA) The 8 SMA will serve a couple of purposes. First, it will provide a filter as to the trades we can take. Price must close above the 8 SMA for a long trade and below for a short trade. Second, the 8 SMA will give us an initial stop loss level (for the trendline trades) and trade management points. As the trade progresses, we can move our stop loss along the 8 SMA. Click here to get the full system 8

9 OsMA The OsMA is a kind of momentum indicator and we will be using it to further filter our trades. For a long trade, the OSMA should be above the red 0 line, and for a short trade, the OsMA should be below the red 0 line. 9

10 5. Rules of the System BUY RULES RESISTANCE BUY RULES: 1. Price closes above blue level of resistance. 2. Price has closed above the 8 SMA. 3. OsMA is above the red 0 line. 4. Enter long position when all of the above criteria are met. 5. Stop Loss goes few pips below the 8 SMA of the entry candle. 6. Take Profit is set to 1:1. (If stop loss is 20 pips, profit target will then also be 20 pips). 7. Manage the trade by moving your stop loss along the 8 SMA for each new candle that opens. (I generally only begin to move my stop loss when a candle closes higher than my entry price.) 10

11 First, the price closed above the blue level of resistance. Our next condition, that price closes above the 8 SMA, is also met. And lastly, the OsMA indicator is above the red 0 line at the close of the signal (entry) candle. Since all the conditions are met, we can enter the trade at the close of the first candle that closed above the level of resistance and meets all of the other conditions. Our stop loss goes few pips below the 8 SMA directly under the signal candle. Our Take Profit will be 1:1 (the same number of pips as our stop loss). As the trade progresses, we will move our stop loss up along the 8 SMA for each new candle that opens. (Never directly on the 8 SMA, but a couple of pips below it). 11

12 TRENDLINE BUY RULES: 1. Price closes above blue downward-sloping trendline. 2. Price has closed above the 8 SMA. 3. OsMA is above the red 0 line. 4. Enter long position when all of the above criteria are met. 5. Stop Loss goes few pips below the most recent level of support. (Because entries using a trendline can happen quite close to the 8 SMA, we will use the recent level of support to place out stop loss, this gives the trade room to breathe.) 6. Take Profit is set to 1:1 (If stop loss is 20 pips, profit target will then also be 20 pips). 7. Once the trade starts moving in your favor, manage the trade by moving your stop loss along the 8 SMA for each new candle that opens. 12

13 First, the price closed above the blue trendline. Our next condition, that price closes above the 8 SMA, is also met. And lastly, the OsMA indicator is above the red 0 line at the close of the signal (entry) candle. Since all the conditions are met, we can enter the trade at the close of the first candle that closed above the trendline. Our stop loss goes few pips below the most recent level of support. Our Take Profit will be 1:1 (the same number of pips as our stop loss). As the trade progresses, we will move our stop loss up along the 8 SMA for each new candle that opens. (Never directly on the 8 SMA, but a couple of pips below it). 13

As the trade moves in the correct direction and we get candle closes higher than the entry, we will start to move our stop loss along the 8 SMA for every new candle that opens.

14 As the trade moves in the correct direction and we get candle closes higher than the entry, we will start to move our stop loss along the 8 SMA for every new candle that opens. This move of the initial stop loss from the level of support to the 8 SMA will dramatically reduce our risk on the trade almost immediately. Click here to get the full system 14

15 SUPPORT SELL RULES: 1. Price closes below red level of support. 2. Price has closed below the 8 SMA. 3. OsMA is below the red 0 line. 4. Enter short position when all of the above criteria are met. 5. Stop Loss goes few pips above the 8 SMA of the entry candle. 6. Take Profit is set to 1:1 (If stop loss is 20 pips, profit target will then also be 20 pips). 7. Manage the trade by moving your stop loss along the 8 SMA for each new candle that opens. (I generally only begin to move my stop loss when a candle closes lower than my entry price.) 15

16 First, the price below the red level of support. Our next condition, that price closes below the 8 SMA, is also met. And lastly, the OsMA Indicator is below the red 0 line at the close of the signal (entry) candle. Since all the conditions are met, we can enter the trade at the close of the first candle that closed below the level of support. Our stop loss goes few pips above the 8 SMA directly over the signal candle. Our Take Profit will be 1:1 (the same number of pips as our stop loss). As the trade progresses, we will move our stop loss up along the 8 SMA for each new candle that opens. (Never directly on the 8 SMA, but a couple of pips above it). 16

17 TRENDLINE SELL RULES: 1. Price closes below red upward-sloping trendline. 2. Price has closed below the 8 SMA. 3. OsMA is below the red 0 line. 4. Enter short position when all of the above criteria are met. 5. Stop Loss goes few pips above the most recent level of resistance. (Because entries using a trendline can happen quite close to the 8 SMA, we will use the recent level of resistance to place out stop loss, this gives the trade room to breathe.) 6. Take Profit is set to 1:1 (If stop loss is 20 pips, profit target will then also be 20 pips). 7. Once the trade starts moving in your favor, manage the trade by moving your stop loss along the 8 SMA for each new candle that opens. 17

18 First, the price closed below the red trendline. Our next condition, that price closes below the 8 SMA, is also met. And lastly, the OsMA indicator is below the red 0 line at the close of the signal (entry) candle. Since all the conditions are met, we can enter the trade at the close of the first candle that closed below the trendline. Our stop loss goes few pips above the most recent level of resistance. Our Take Profit will be 1:1 (the same number of pips as our stop loss). As the trade progresses, we will move our stop loss down along the 8 SMA for each new candle that opens. (Never directly on the 8 SMA, but a couple of pips below it). 18

As the trade moves in the correct direction and we get candle closes lower than the entry, we will start to move our stop loss along the 8 SMA for every new candle that opens.

19 As the trade moves in the correct direction and we get candle closes lower than the entry, we will start to move our stop loss along the 8 SMA for every new candle that opens. This move of the initial stop loss from the level of resistance down to the 8 SMA will dramatically reduce our risk on the trade almost immediately. Click here to get the full system 19

20 6. Conclusion This system has proven over and over to be very profitable if used correctly and by the rules. It is not complicated, however its filter mechanisms allow me to find reliable entry points and setups on all timeframes. There is always a trade nearby, you don't have to wait very long to see some action. It's ability to trade with the trend and also against the trend makes it an extremely flexible trading system, and you will always be finding profitable trading opportunities with it. Enjoy the SRT system! 20

FOREX INCOME BOSS. Presents. Rejection Spike

FOREX INCOME BOSS. Presents. Rejection Spike FOREX INCOME BOSS Presents Rejection Spike Published by Alaziac Trading CC Suite 509, Private Bag X503 Northway, 4065, KZN, ZA www.forexincomeboss.com Copyright 2015 by Alaziac Trading CC, KZN, ZA Reproduction