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Attachments: SAFE - KISS
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SAFE - KISS

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  • First Post: Edited Jun 14, 2018 5:14am Jan 23, 2018 12:53am | Edited Jun 14, 2018 5:14am
SAFE - KISS. (Trade safely & "keep it simple stoopid".)

Videos are located at Posts 15, 470 and 471

Check posts 717 & onward for reference to funding traders

Thought it was time to show my trend trading system. You will either love it or hate it. Makes no matter to me. If you don’t like it, just move on. If you like it & want to know more, stick around.

Trend & major pull-back trading.

Quite timely as trend changes or major pull-backs appear likely over the next few days.

SL is placed 20 pips above / below last major high / low.
SL then becomes safety TP should price move against you whilst you sleep. SL is moved every time a new lower high is made when trend is down. Or higher low when trend is up.
Entry / exit is made when price crosses the line with NO touch.
The line is HINGED at the left end. This end of the line never moves.

Candles… Plain bar candles.. No need for Jap candles or color change candles. And NO indicators required or necessary.


BS News, FOMC, WTF etc etc. Forget it. Let the spikes stop others out. Not you.

Pairs. Choose your pairs carefully. Not all pairs are “trend friendly”
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDDaily.png Size: 35 KB
Conventional trading is for losers
Candles… Plain bar candles.. No need for Jap candles or color change candles. And NO indicators required or necessary.
Conventional trading is for losers
hi, can describe more clearly on entry, SL and TP?
Quoting happytrade38
hi, can describe more clearly on entry, SL and TP?
SL is placed 20 pips above / below last major high / low.
SL then becomes safety TP should price move against you whilst you sleep. SL is moved every time a new lower high is made when trend is down. Or higher low when trend is up.
Entry / exit is made when price crosses the line with NO touch.
The line is HINGED at the left end. This end of the line never moves. Tomorrow I will make a video showing this in detail if there is enough interest.

Chart shows where entries (turquoise) were made on this pair & where the SLs (green)were placed as price moved in my favor.
Attached Image (click to enlarge)
Click to Enlarge Name: NZDUSDDaily.png Size: 31 KB
Conventional trading is for losers
very kiss yet effective
thank you
Regards
Quoting howard
very kiss yet effective thank you
Waiting to see your method of drawing the trend line, at the moment we know that one end is hinged
Regards
looking good, interested !
Count me in...subscribed
Highly interested! Subscribed!
Hi, thankyou Ralffe for sharing your trading style. I was wondering if you end up holding trades over the weekend? Could you please also explain how you decide to draw your lines? Kind Regards, Tzamo
"Only you can Make the Future you will be proud to be a part of..." -Me
Quoting tzamo
Hi, thankyou Ralffe for sharing your trading style. I was wondering if you end up holding trades over the weekend? Could you please also explain how you decide to draw your lines? Kind Regards, Tzamo
Bullshit News, FOMC, weekends, WTF etc etc. Forget it. Let the spikes stop others out. Not you. Just stick to the rules.
Conventional trading is for losers
Quoting Ralffe
{quote} SL is placed 20 pips above / below last major high / low. SL then becomes safety TP should price move against you whilst you sleep. SL is moved every time a new lower high is made when trend is down. Or higher low when trend is up. Entry / exit is made when price crosses the line with NO touch. The line is HINGED at the left end. This end of the line never moves. Tomorrow I will make a video showing this in detail if there is enough interest. Chart shows where entries (turquoise) were made on this pair & where the SLs (green)were placed...
Hi Ralffe, this is great and clean. Which TF you trade mostly? Will be interested how you draw the trendline?
Thank you, Ralffe! Subscribed and very interested in how you draw those lines and what pairs you favor and what pairs you stay away from!
Never traded the higher TF (D1 and above). I'm always drawn back to M15 and M5...

Looking forward to this!

Best regards!
Quoting happytrade38
{quote} Hi Ralffe, this is great and clean. Which TF you trade mostly? Will be interested how you draw the trendline?
Chart Time frames… DAILY. Yes you can use this system on smaller time frames, but only if you are prepared to be Johnny on the spot & don’t mind excessive screen time. Using the daily charts are best for a high win ratio. In fact the only time I have a loss is when I get bored & play around with the lower time frames.

Video coming as soon as I find the right format FF will accept.
Conventional trading is for losers
Stand by. Testing video.

Inserted Video
Conventional trading is for losers
Quoting Ralffe
{quote} Chart Time frames… DAILY. Yes you can use this system on smaller time frames, but only if you are prepared to be Johnny on the spot & don’t mind excessive screen time. Using the daily charts are best for a high win ratio. In fact the only time I have a loss is when I get bored & play around with the lower time frames.
LOL! Point taken!

Great video on how to adjust to a changing market! Great stuff! TY
Quoting Ralffe
Stand by. Testing video. https://www.youtube.com/watch?v=kIjF...ature=youtu.be

Hi Ralffe, great video.
The move from one blue circle to another blue circle is to make sure the angle of trendline not to be to steep. I found this subjective of doing so. But I get your overall idea, might need to form more systematic way. I am type of person try to minimize subjective and try more on mechanical. thanks for sharing.
Attached Image
One of my favorite pair is GJ.
Would you tell me where I would have gone wrong had I traded it for the last three quarters of 2017?
How would you have done it differently?
Here I defined with colored rectangles the trade zones as I perceived them but you probably can tell that I am still unsure with regards to more exact entry points ...
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYiDaily_2017FirstAttemptReview.png Size: 103 KB
Quoting jpdlegault
One of my favorite pair is GJ. Would you tell me where I would have gone wrong had I traded it for the last three quarters of 2017? How would you have done it differently? Here I defined with colored rectangles the trade zones as I perceived them but you probably can tell that I am still unsure with regards to more exact entry points ... {image}
Pairs. Choose your pairs carefully. Not all pairs are “trend friendly”
You can count on one hand the number of "Trend friendly" pairs. GJ is one of them albeit prone to have "sideways" trends.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYDaily.png Size: 30 KB
Conventional trading is for losers
Quoting Ralffe
{quote} Pairs. Choose your pairs carefully. Not all pairs are “trend friendly” You can count on one hand the number of "Trend friendly" pairs. GJ is one of them albeit prone to have "sideways" trends. {image}
Could you point me in the right direction? Which pairs would you suggest?
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