RTS 315 Scalping Trading System

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R T S 3 1 5 Name RTS stands for Real T ime Scalping. The number 3 indicates the three minutes time frame but 15 relates to the fifteen minutes chart. Traders should use these two time frames. The fifteen minutes time is for prior verification and the three minutes time for signals and entry points . Purpose To scalp and to take quick and fast profit consistently at low risk entry points. Twenty to fifteen pips or thirty. Sometimes more but one must secure the first twenty pips before a winning trade becomes a loser. It is for riding short term trends and to avoid wrong timing. The key word is short term trend.

Transcript of RTS 315 Scalping Trading System

R T S 3 1 5

Name

RTS stands for Real Time Scalping.

The number 3 indicates the three minutes

time frame but 15 relates to the fifteen

minutes chart. Traders should use these

two time frames. The fifteen minutes time

is for prior verification and the three

minutes time for signals and entry points.

Purpose

To scalp and to take quick and fast profit

consistently at low risk entry points.

Twenty to fifteen pips or thirty.

Sometimes more but one must secure the

first twenty pips before a winning trade

becomes a loser. It is for riding short term

trends and to avoid wrong timing. The key

word is short term trend.

Background

The RTS 315 is the first trading system

created and used by Georgetrio, founder of

www.stochastic-macd.com and

www.youtube.com/georgetrio. It is not a

perfectly built system but its careful use

can assist new traders. It is a gift to all

members of www.stochastic-macd.com.

As a new trader, I delight in trading mainly

the EURUSD, Dow Jones and the FTSE

100. Like all new traders, I was cutting

corners. Never check the economic news

and did not understand how to apply the

trading triangle or the market stable data.

However, I have noticed that the fast

MACD (8,34,9) is an excellent tool that

highlights short term trends. Equally the

slow stochastic (6,3,3)

was pinpointing various support and

resistance levels. These were my

observations. Nothing more. Traders

should test rigorously this simple tool in

view to perfect it.

OUR GOAL

To assist ordinary traders. It does mean to

trade for them or to help them but to guide

them until they too can understand this

messy market. As I always say, no trading

system will ever replace a trader. The

most important trading tool is the trader. It

may take time, patience and perseverance

but those who truly want to trade like a pro

will slowly but surely get there. Always

use the five per cent money management

rules, start with a demo account and go

steadily.

The tools

1/ MACD (8,34,9)

2/ Slow Stochastic (6,3,3)

3/ Simple Moving Average 20 (SMA 20)

Time frames

1/ Fifteen minutes chart

(for prior verification)

2/ Three minutes chart

( for signals and entries)

SiGNALS

Typical bullish signal on 3’ chart

a/ MACD is rising or sloping up (short

term trend is up)

b/ Buy each time the stochastic is oversold

(below 25)

TC2000 charting.

Bullish signal 2

a/ Price is at a valid support level and price

above SMA 20 on the hourly chart

b/ Stochastic is oversold on the hourly

chart

c/ Go to the three minutes chart and buy as

soon as MACD crosses above its signal

line on the three minutes chart.

Check chart 1 (hourly chart)

and chart 2 (three minutes chart)

This is MSFT (Microsoft stock) trade on

the 8th June 2012.

MSFT (hourly chart) Chart 1

MSFT (three minutes chart) Chart 2

TC2000 charting

Typical bearish signal

a/ MACD is declining or sloping down

(short term trend is down)

b/ Sell each time the stochastic is

overbought (above 75)

Facebook stock (FB) 3M chart

TC2000 charting

Bearish signal 2

a/ Price is at a valid resistance level and

price below SMA 20 on the hourly chart

b/ Stochastic is overbought on the hourly

chart

c/ Go to the three minutes chart and sell as

soon as MACD crosses below its signal

line on the three minutes chart.

Check chart 3 (hourly chart)

and chart 4 (three minutes chart)

One hour chart

Randgold Resources (GOLD) chart 3

Chart 4 Three minutes chart

New Traders

New traders should endeavour to master

both bullish and bearish signal 2.

More Experienced Traders

Experienced traders should use trend lines

instead of MACD. They should focus on

the price, the number indicator; draw all

support and resistance lines. One can use

channels to determine both bullish and

bearish momentum.

Other issues

The higher time frames command lower

time frames. This is not a perfect trading

system. It is my first trading system when

I was a new trader and I present it here just

as I was using it before. You may notice

other signals or better the system for your

own use. I leave it to you.

Prior verification

The prior verification is useful when one is taking typical

bullish or bearish signals.

For typical bullish signal it is vital that the

price is above SMA 20 on the 15 minutes

chart. On the other hand, when the price is

below SMA 20 on the fifteen minutes

chart, typical bearish signals offer low risk

trades. The prior verification is for risk

control. As always one should take a

bullish signal at a valid support level and

bearish signal at a valid resistance zone.

Traders should apply the definition of

uptrend and downtrend to filter out false

signals. The first target for all bullish

trades is the first and nearest resistance

level. On the other hand, a bearish first

target is the first and nearest support level.

For more information about how to use the

RTS 315 trading system, please visit

www.youtube.com/georgetrio and watch

the videos:

1/ Real time scalping

2/ Real time scalping part 2

3/ Real time scalping part 3

DISCLAIMERDISCLAIMERDISCLAIMERDISCLAIMER STOCKS,STOCKS,STOCKS,STOCKS, CURRENCIES, FUTURES, COMMODITIES, OPTIONS CURRENCIES, FUTURES, COMMODITIES, OPTIONS CURRENCIES, FUTURES, COMMODITIES, OPTIONS CURRENCIES, FUTURES, COMMODITIES, OPTIONS TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE POTENTIAL RISK. YOU MUST BE AWARE POTENTIAL RISK. YOU MUST BE AWARE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE OF THE RISKS AND BE OF THE RISKS AND BE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THESE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THESE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THESE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THESE MARKETS. DO NOT TRADE WITH MONEYMARKETS. DO NOT TRADE WITH MONEYMARKETS. DO NOT TRADE WITH MONEYMARKETS. DO NOT TRADE WITH MONEY;;;; YO YO YO YOUUUU CAN NOT CAN NOT CAN NOT CAN NOT AFFORD TO LOSE. THIS AFFORD TO LOSE. THIS AFFORD TO LOSE. THIS AFFORD TO LOSE. THIS RTS 315RTS 315RTS 315RTS 315 IS NEITHER A SOLICITATION IS NEITHER A SOLICITATION IS NEITHER A SOLICITATION IS NEITHER A SOLICITATION NOR AN OFFER TO BUY OR SELLNOR AN OFFER TO BUY OR SELLNOR AN OFFER TO BUY OR SELLNOR AN OFFER TO BUY OR SELL.... NO REPRESENTATION IS NO REPRESENTATION IS NO REPRESENTATION IS NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ABOUT THIS ABOUT THIS ABOUT THIS ABOUT THIS RTS 315RTS 315RTS 315RTS 315. THE PAST PERFORMANCE OF ANY . THE PAST PERFORMANCE OF ANY . THE PAST PERFORMANCE OF ANY . THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS.INDICATIVE OF FUTURE RESULTS.INDICATIVE OF FUTURE RESULTS.INDICATIVE OF FUTURE RESULTS. www.stochasticwww.stochasticwww.stochasticwww.stochastic----macd.commacd.commacd.commacd.com www.dayprotraders.comwww.dayprotraders.comwww.dayprotraders.comwww.dayprotraders.com www.24elliottwaves.comwww.24elliottwaves.comwww.24elliottwaves.comwww.24elliottwaves.com

We wish you the very best in your trading and until the next timeWe wish you the very best in your trading and until the next timeWe wish you the very best in your trading and until the next timeWe wish you the very best in your trading and until the next time enjoy enjoy enjoy enjoy

yourself and be very happy. yourself and be very happy. yourself and be very happy. yourself and be very happy.

RegardsRegardsRegardsRegards

GeorgetrioGeorgetrioGeorgetrioGeorgetrio

Founder of Founder of Founder of Founder of www.stochasticwww.stochasticwww.stochasticwww.stochastic----macd.commacd.commacd.commacd.com