Simon's Lazy System

[#1]

Can someone please explain to me how this system works. I've read previous posts, but I got an AHA on the EXIT part, but the entry part is not very clear to me. There is also no search on this forum, therefore making it difficult for me to find the original post where this "system" was explained in detail. Thanks Marius

[#2]

THE BARE ESSENTIALS OF SLS.. (ONLY FOR INDICES): *short trade trigger *close below 15 day ema *red next day by 16h30 *if still below 15 day ema & green next day trigger still active & wait for red 16h30 next day *if moving above 15 day ema trigger cancelled *30 day ema below 60 day ema for primary direction *20% trailing stop until breakeven then a higher high out **long trade trigger **close above 15 day ema trade confirm **green next day by 16h30 condition a **if still above 15 day ema & red next day trigger still active & wait for green 16h30 next day condition b **if moving below 15 day ema trigger cancelled condition c **30 day ema above 60 day ema for primary direction stop loss & exit **20% trailing stop until breakeven then a lower low out there are certainly more "conditions" as is the case at the moment with 30/60 ema crossover,

[#3]

Thanks moosedawg