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Strategy rules for Russ Horn system Forex Income Boss

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

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.


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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

SRT-Profit-System-Russ-Horn-Forex-Income-Boss-Sell-Rules

TRENDLINE SELL RULES:
1. Price closes below red upward-sloping trend-line.
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.


Click Here to Download Russ Horn’s Trading System for FREE

 

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