Are you a trend trader or a counter-trend trader? 29 replies
What does it mean to trade with the trend - Define trend? 47 replies
Trading System - Trade with the Trend 5 replies
Multis-trend trade EA for scalp on short trend 27 replies
Would you trade this system? New system #2. 10 replies
DislikedHi NB,
Thank you for your generosity. As I mentioned a few times on your Forum, I am a huge fan and although I am just a beginner, my “pips” report card for 2010 is in a (small) positive and this is because of your guidance.
[font=Times New Roman][size=3]The TMA seems to be a sensitive topic and I didn’t want to bring it back. However, it has been a bit of a puzzle for me since I made the leap from the 6TH. So I attached a small document with...Ignored
Dislikednanningbop,
can u say that eurusd in a downtrend ?? what does your EA says now ?Ignored
DislikedOk gbp/usd is the only real good trade I see this morning so I turned on my EA and see what happens. If price continues up the light blue willl cross the dark blue line and I will turn the EA off because we have confirmation that the trend has change directions. If price goes back south we will have a continuation of the DT after a nice retrace. So here we go, our first trade.Ignored
Dislikedjust confirming. This is NOT a valid buy trade because PA is under the 5 MA even though PA bounced off the green TMA and PA is above the blue 240Ignored
DislikedBob,
I see today is a bank holiday in the UK. Would that affect your decision to trade the G/U on a live acc't? (I'm assuming you're on demo atm.)
MikeIgnored
DislikedSo when the 5MA goes below PA then turn the buy ea on? How close should PA be near the green or middle blue line
What if the pa is above the light blue TMA line, would you still put the ea on or just look for a better setup on another pairIgnored
Dislikedjust confirming. This is NOT a valid buy trade because PA is under the 5 MA even though PA bounced off the green TMA and PA is above the blue 240Ignored
DislikedFelicitation Nb, Great System you put up.
I see a little problem here. This other guy feed (Alpari US) close a few hour later on friday then Alpari UK, making some big difference on the TMA, Price haven't reach the TMA lower ban on the UK alpari. See for your self.
My chart.
Attachment
This other guy chart.
AttachmentIgnored
DislikedWe have had this discussion before and it is irrelevant. The 5MA is the key not the TMA. When in real time the TMA works just fine. If you look at the trades when price crosses the 5MA you enter the trade. Where the TMA lines are 1, 2 ,3 weeks after you have traded and done are meaningless. Are you also going to argue that the 5MA lines have moved too????? At the time of the trade, the real time of the trade signal, it is relevant. That is the part you have failed to understand everytime we have this discussion. You still have not seen that the...Ignored
DislikedWith my system Tuesday last week would be the best day to enter the trade. The harder question is when to exit. NZD and AUD pairs like to run and run and run. I often just take my 50 pips and wait for the next signal but as long as price stays above the 5MA line you can stay in. See pic below.Ignored
DislikedBut Bob, if you were looking at the chart at real time, I suspect this trade would not be a valid trade.
it is clear that the price never touch the green line of TMA true. I am not sure if it would touch TMA center green line at the bar which crosses the 5MA.
any thoughts?
-HenryIgnored