Urban Pluto Trading Method
By FXiGOR

Hello to you all(…)
The way the method works can sound for some off you very childish. But we all learned how to read and write and count when we were children. They teached us in a childish way but is was effective and it worked. If you use your imagination and fantasy it will be a method that will suprise you and amuse you.
So here we go...

Why Pluto

The daily trading that ww do will be a journey on the planet Pluto. Why Pluto?...This planet is the smallest in our planetary system and therefore day and night come very quickly. You have to imagine that this planet is completely filled with skyscrapers (a gigantic Manhattan from poles to equator). Every day we will see how live unfoldes on this planet.We will see how people travel between the skyscrapers from equator to the poles and maybe back.

The Chart Setup

On the chart you see the price is grey. because the price itself is not so important. The decor of the planet is far more important.
· Skycrapers:You see on the price, light and dark blue lines. Those lines travel sideways but also vertical. Those are the skyscrapers.
· Sun:Above the price you see dots. They are the sun comming up or sun going down. In our further explanation here in this topic we will use as terminolgy, morning sun (orange) and evening sun (red). We see a lot off them so that is why I choose for the planet Pluto (day and night come very quickly).
· Brightness of sunlight:Between the suns and the skyscrapers you see a yellow and red line(triggerlines). That is the brightnes off our sunlight. Yellow is the light produced by the morning sun and red is produced by the evening sun.

Daily Life

So far, how does this set up or decor fits in the daily life on Pluto? ... When a bottom or a top is made we see most off the times a sun (or2).

· Morning Sun: When price starts to go up a morning sun (orange dot) apears. The morning sun produces bright yellow sunlight (the line between the sun and skyscrapers) that shines over our skyscraper. Because off that bright sunlight the skyscraper has a lightblue color. When price starts to go down an evening sun apears (red dot).

· Evening Sun: The evening sun produces a dimmer light, that is the red line between sun and a new skyscraper.That red sunlight makes that our skyscraper has a darkblue color.
{A quick recap.: price going up equals a morning sun (orange dots) bright light or bright skyline (yellow line) and our skyscraper shining in the sunlight (light blue color). Price going down equals a evening sun (red dots) a dimmer light and our skyscraper who is in the shade has a dark blue color. }

· Diurnal and pole circles: On the same chart we see horizontal lines (camarilla lines). Those are the duirnal and pole circles. The pivotline is the equator. L3 is our south duirnal circle L4 is our south pole circle. H3 is north duirnal circle and H4 is north pole circle. IMPORTANT: on Pluto the more we go to the south pole the less sunlight there is. The more we travel to the north pole the more sunlight there is. When the day starts, life starts on Pluto at the equator (pivotline). Depending on how much sun or shade whe had the previous day we will travel to the north or the south. It could be that people had a lot off sun the previous day and want to have more off that warmth or it could be that the last few days they had too much sun and want stay more in the shade. Or vise versa.

· Subway: Under the groundfloor off our skyscrapers whe have the subway and metro ( the 4 lower windows). The first window are the inhabitants off pluto (the vertical green or red lines-juice).The more people there are the more and longer the green lines. No people at all is red lines. The 3 lower windows are the subways or metro's ( 3 windows with magenta and yellow colored lines) How does our subway fits in the life on Pluto ?....All inhabitans off pluto travel with the metro. The more people take the subway in the same direction the quicker we get to our destination. So if we see hardly see any cityzans (lillte vetical lines) and the 3 metro's go in differant directions (one window magenta above yellow and an otherwindow yellow above magenta) that means that the plutonians can't make up there mind were to travel to.

How to trade this setup

How do we trade according to the life on pluto ?.... We only want to trade when everything shows that we are headed to a direction. From the equator to the poles and further or from the poles back to the equator and maybe further more to the other pole. So the camlines are the stations. The duirnal circles (L3 and H3) are the first station to look what is happening.

· Entry: 2 possiblities: For the more risky traders the moment you see an evenig sun or morning sun and the skyscraper changes its color, you can start trading and you will see confirmation afterworhts.
For the ones who trade more carefully (what I suggest) you wait till you see 1) a sun, sunlight in the same direction, skyscraper in the color accordingly to the sun and enough people in the station and thaking metro's all in the same direction. The less signals you take to confirm your position, the more scary your position will feel.

· Exit:Where do we get out in a position taken in the first station?...if 2 of the metro's turn direction get out. If 1 metro turns and and the color off the skyline turns. So wait till you see at least 2 signifcant signals turn to the opposite. If you would see a litlle sun and 1 indicator turn don't get out, that is not enough. 2 indicators who are made out lines. If you go from L3 to H3 and you don't see any slowing down, stay on board. NEVER STAY ON BOARD when the skyscraper turned his color AND the color off the SUN LIGHT has changed. What happens if the metro does not stop at the first station but want to get further. If you see that the metro crosses the duirnal lines L3 or H3 and that all indicators are in the same direction wait till you see 2 indicators change direction and place your stoploss at the station (duirnal lines). The very same set up has to be aplied for the pole circles (L4 and H4). If you see that price breaks trough those lines make shure that you are headed the same direction and don't try look for a reversall. That will not happen so often but it will. So be prepared for that because that are days were you can take 150-200pips in one ride. If that is not possible then the Hans123 system would not be profitable.

Timeframe/Currency Pair

This whole set up is based on a 5 minute time frame and that for the gbp/usd. Included in the indicators there is the template So you would have the same colors and settings as explained. The value off these indicators is set for a 5 minute time frame gbp/usd. So don't try this on other pairs and aspecialy not on other time frames. If I see that there is enough interrest in this aproach I will give the values for other time frames.

(…)
I wish you all fruitfull trading and that you may enjoy your trading and your voyage.
I can only finish with the legendary words...we will boldly go were no men has gone before (Kpt. James T Kirk)

Required MT4 indicators or template :

Indicators - Copy and compile all indicators in indicator folder

Template - Copy this template to template folder

Note : If you have any question regarding this system just visit this link

<<Home>>

FreeFxSystem 2006