Madam Lim Forex System

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Madam Lim Forex System

My trading system is very easy to follow. I use only the 10 EMA on 3 charts (EURUSD, GBPUSD, and USDCHF), all on the 4 Hour timeframe.

Sell/Short Trade Rules
Here are the rules to enter a sell trade:
1. Wait for the price to be below the 10 EMA on two or three pairs.
If the price is below the 10 EMA, then the trend is going downwards. This ensures that you are trading on the right side. There’s very little difference in the results when trading with only 2 pairs in the same direction compared to trading with 3 pairs in the same direction.
2. Enter a sell trade on each currency pair when price is below the 10 EMA on two or all three pairs.
The recommended lot size ratio for the three pairs is 20% for GBPUSD, 30% for EURUSD and 50% for USDCHF. Diversification is applied between the EURUSD and the GBPUSD.

Buy/Long Trade Rules
The rules for a buy trade are basically opposite in direction to the rules of a sell trade.
Here are the rules to enter a buy trade:
1. Wait for the price to be above the 10 EMA on two or three pairs.
If the price is above the 10 EMA, then the trend is going upwards. This ensures that you are trading on the right side. There’s very little difference in the results when trading with only 2 pairs in the same direction compared to trading with 3 pairs in the same direction.
2. Enter a buy trade on each currency pair when price is above the 10 EMA on two or all three pairs.
The recommended lot size ratio for the three pairs is 20% for GBPUSD, 30% for EURUSD and 50% for USDCHF. Diversification is applied between the EURUSD and the GBPUSD.

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