My Trend Following | Page 5 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

Trend following or trend fading? 8 replies

Trend Following Experiment - GBPUSD 26 replies

Trend Following Experiment - EURUSD 80 replies

following the trend 2 replies

Attachments: My Trend Following
Exit Attachments

My Trend Following

  • #81
  • Nov 21, 2017 1:50pm Nov 21, 2017 1:50pm
Hi everyone, I used this system and i got 20 pips profit yesterday 20th November.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd-h1-instaforex-group-2.png Size: 42 KB
  • #82
  • Nov 21, 2017 2:23pm Nov 21, 2017 2:23pm
Ok bro ! You earned 20 pips today - well done ! Let us hear about your overall success after 2-3 months trading it consistently ! Only in that case: using the system systematically someone could make any conclusion.
  • #83
  • Nov 22, 2017 9:13am Nov 22, 2017 9:13am
Another 20 pips taken on GBPUSD and EURUSD still running
  • #84
  • Nov 23, 2017 12:16pm Nov 23, 2017 12:16pm
Quoting pipinfrank
Hi everyone, I used this system and i got 20 pips profit yesterday 20th November. {image}
Hi,


Me too. But on GBP counter trend trade on H1. When you take a counter trend trade remember it is a short live. TP is conservative not expect large pips.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #85
  • Nov 23, 2017 12:21pm Nov 23, 2017 12:21pm
Quoting DerBerliner
Ok bro ! You earned 20 pips today - well done ! Let us hear about your overall success after 2-3 months trading it consistently ! Only in that case: using the system systematically someone could make any conclusion.
Hi,

Follow the rules in the DOCX you will be 90% of profit.

Why?

Because when you know the prevailing in HTF then you wait for price makes a full retracement on H1( CCI is above 100 or below -100) then you enter a trade on M15.

There are less signals but you can scan all the majors + the cross I think you will have at least one wonderful trade with high probability. This is the way I'm doing everyday.

Try it.

Sai Ram
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart1.png Size: 132 KB
Click to Enlarge Name: chart2.png Size: 128 KB
Being a fxtrader is not easy. Ones must working hard.
  • #86
  • Edited 1:35pm Nov 27, 2017 1:13pm | Edited 1:35pm
Hi,

Today I exited counter trend trade with +21 pips. I am not supposed to put the counter trend strategy in this thread. But the counter trend strategy is not long to explain. People can understand very quick.

So let see.


COUNTER TREND TRADE: I look only the divergence of CCI in the OB/OS areas of H1 and M15 only

H4: The trend is up

H1(CCI, 14): There was a negative divergence on CCI and CCI is above 100

M15(CCI, 55): There was a negative divergence on CCI and CCI is above 100. I took a Short trade when TCCI was yellow (bearish).


[email protected], [email protected] TP=+21 pips, Rvalue: 1.10


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.png Size: 116 KB
Attached File(s)
File Type: rar ComeSurfingFxWithMe_Indicators.rar   182 KB | 344 downloads
File Type: tpl MySystemForex.tpl   9 KB | 310 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #87
  • Nov 28, 2017 12:35am Nov 28, 2017 12:35am
Thanks Sai Ram for sharing the counter trend strategy
  • #88
  • Nov 28, 2017 3:01am Nov 28, 2017 3:01am
Hi,

Today I exited counter trend trade with +23 pips. I used another strategy based H1 CCI OB/OS and M15 CCI OB/OS combined with fractal.

So let see.

H4: The trend is still up

H1(CCI, 14): CCI was above 100

M15(CCI, 55): CCI was above 100. I took a Short trade when fractal appears.


[email protected], [email protected] TP=+23 pips, Rvalue: 1.15

I'm done for today.


I WILL UPDATE THE DOCX AS SOON AS I HAVE A FREE TIME.

Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.png Size: 116 KB
Being a fxtrader is not easy. Ones must working hard.
  • #89
  • Nov 29, 2017 3:29am Nov 29, 2017 3:29am
Hi,

Today I exited counter trend trade with +17 pips. I used another strategy based H1 CCI OB/OS and M5.

So let see.

H4: The trend was up

H1(CCI, 14): CCI was above 100

M5: Price was trading in the upper band. I took a Short trade when the slope changed to yellow (bearish) and confirmed by macd < 0 and AO > 0 then decreased its momentum.


[email protected], [email protected] TP=+17 pips, Rvalue: 1.0



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.png Size: 113 KB
Being a fxtrader is not easy. Ones must working hard.
  • #90
  • Nov 29, 2017 5:57am Nov 29, 2017 5:57am
Quoting sriloba
Hi, Today I exited counter trend trade with +17 pips. I used another strategy based H1 CCI OB/OS and M5. So let see. H4: The trend was up H1(CCI, 14): CCI was above 100 M5: Price was trading in the upper band. I took a Short trade when the slope changed to yellow (bearish) and confirmed by macd < 0 and AO > 0 then decreased its momentum. [email protected], [email protected] TP=+17 pips, Rvalue: 1.0 Sai Ram {image}
What are the channel (band) values?
Thanks
  • #91
  • Nov 29, 2017 6:33am Nov 29, 2017 6:33am
Quoting MidnightRun
{quote} What are the channel (band) values? Thanks
Hi,

Voilà



Sai Ram
Attached File(s)
File Type: tpl MySystemForex.tpl   10 KB | 303 downloads
File Type: rar ComeSurfingFxWithMe_Indicators.rar   230 KB | 372 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #92
  • Nov 29, 2017 3:37pm Nov 29, 2017 3:37pm
Hi,

I have made an improvement on the system.

And it goes like this.

H4: Identify the trend

H1: Identify the retracement

M30/M15/M5 : People will have their preferred time frame to enter a trade.

I will update the Docx as soon as I can. The Docx will contain trading with the trend and also trading with the counter trend.

Stay tune!


Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.png Size: 128 KB
Attached File(s)
File Type: rar ComeSurfingFxWithMe_Indicators.rar   201 KB | 344 downloads
File Type: tpl MySystemForex.tpl   9 KB | 290 downloads
Being a fxtrader is not easy. Ones must working hard.
  • #93
  • Nov 29, 2017 5:59pm Nov 29, 2017 5:59pm
Hi guys,


Today I want to share the ways I analyse the market.

1) I check the H4 chart to determine the trend.

2) I check CCI locates in the OB or OS area.

Now let see an example: GBPUSD

H4: The trend is up

H1: CCI is above 100. So I have to make a decision take the counter trade or trade with the trend. Because CCI is currently locating above 100.

So let take a counter trend trade. When we trade the counter trend we must absolutely enter a trade in LTFs with the divergence.

In LTFs, we have M30, M15 and M5. So we have to monitor the 3 LTFs in order to identify the negative divergence.

So we can see there is a negative divergence on M5

Trading the counter trend is very risky ones must looking more reasons to enter a trade.

So we can trade both side. But the counter trend is more risky and short live.

This is the main reason that I want to share with you. When there is CCI locates in the OB/OS area then we don't waste time we have to consider the possibility to trade that signal.



Sai Ram
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart1.png Size: 95 KB
Click to Enlarge Name: chart2.png Size: 118 KB
Being a fxtrader is not easy. Ones must working hard.
  • #94
  • Nov 30, 2017 4:28am Nov 30, 2017 4:28am
Following the trend works really well when the market is trending the problem is most of the time a market is not trending it is in a trading range. This means that your opportunities to trade are limited and you will not be in a trade in one particular market for most of the time. Sounds straight forward but unless you can identify early on when a price is beginning to trend you can lose more than you make. This is because entering a trade when the market is not beginning to trend will result in being stopped out for a loss. First you need a criteria to identify when a price is leaving the state of being in a trading range and entering the state of being in trend. Unless you have this clear then you will lose.
  • #95
  • Edited 6:56am Nov 30, 2017 6:32am | Edited 6:56am
Quoting Mpg
Following the trend works really well when the market is trending the problem is most of the time a market is not trending it is in a trading range. This means that your opportunities to trade are limited and you will not be in a trade in one particular market for most of the time.
Opportunities limited? With tens of thousands instruments available? There is always a trend somewhere...

In fact, I would argue that there are so many trends every day, that as strict trend trader, you should be pulling you hairs out for missed opportunities...
  • #96
  • Nov 30, 2017 9:53am Nov 30, 2017 9:53am
Quoting Mpg
Following the trend works really well when the market is trending the problem is most of the time a market is not trending it is in a trading range. This means that your opportunities to trade are limited and you will not be in a trade in one particular market for most of the time. Sounds straight forward but unless you can identify early on when a price is beginning to trend you can lose more than you make. This is because entering a trade when the market is not beginning to trend will result in being stopped out for a loss. First you need a criteria...
Hi,

I agree with you. That's why I'm trying to find ways to detect when the markets is going to trade in a small range.


Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #97
  • Nov 30, 2017 9:55am Nov 30, 2017 9:55am
Quoting jdieieh
{quote} Opportunities limited? With tens of thousands instruments available? There is always a trend somewhere... In fact, I would argue that there are so many trends every day, that as strict trend trader, you should be pulling you hairs out for missed opportunities...
Hi,


I salute your opinions. That why I have suggested to scan many markets as possible. Sure, there are always trend somewhere.




Sai Ram
Being a fxtrader is not easy. Ones must working hard.
  • #98
  • Edited 10:21am Nov 30, 2017 10:00am | Edited 10:21am
Hi,

Today I exited counter trend trade with break Even. I used another strategy based H1 CCI OB/OS and M15.

So let see.

H4: The trend was up

H1(CCI, 14): CCI was above 100

M15: There is a negative divergence. The slope changed to yellow (bearish) and confirmed by macd < 0 + stoch cross down and AO > 0 then decreased its momentum.


[email protected], [email protected] TP=+0.6 pips, Rvalue: 0.6



Sai Ram
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.png Size: 116 KB
Being a fxtrader is not easy. Ones must working hard.
  • #99
  • Nov 30, 2017 11:28am Nov 30, 2017 11:28am
Quoting jdieieh
{quote} Opportunities limited? With tens of thousands instruments available? There is always a trend somewhere... In fact, I would argue that there are so many trends every day, that as strict trend trader, you should be pulling you hairs out for missed opportunities...
True there are lots of instruments to trade but that still means you have to be able to identify when a trend has begun quite often by the time you identify a trend it is too late most times what appears to be the beginning of a trend is not - the fact is the market is good at fooling the inexperienced.go to any chart and try to identify the beginning of a trend and whatever criteria you use will provide just as many false signals as good ones
  • #100
  • Nov 30, 2017 12:26pm Nov 30, 2017 12:26pm
Quoting Mpg
{quote} True there are lots of instruments to trade but that still means you have to be able to identify when a trend has begun quite often by the time you identify a trend it is too late most times what appears to be the beginning of a trend is not - the fact is the market is good at fooling the inexperienced.go to any chart and try to identify the beginning of a trend and whatever criteria you use will provide just as many false signals as good ones
Hi,

What you have said it was true. As a day trader, I use H4 to identify the trend. Because most of hedge funds use H4 to pinpoint their trades. We want to

participate with the Big Boys to grab more pips as possible. Also I have put some strategies to take the trades when there is a counter trend. I found those

strategies are pretty accurate to grab some pips because there is an occasion presenting to us as a day trader. As you can see this week I took only the counter

trend trades so far. There is 1 or 2 good set up in 24 hour. So if you miss the first one you might have a chance to grab the second occasion.

In the past I traded only with the trend from midnight ET to London closes. Honestly, there were a few trades in a week with the trend. Because the market, forex,

took time to reverse. Let say we trade the up trend. Now CCI(H1) is in the OB area. The trend is up then we must wait many hours for CCI(H1) going below the

-100 level considered as a full retracement then we crank down to LTFs to enter a trade. The moment CCI(H1) is below -100 maybe there is a big news releases or

the London session closes. So it is very hard to take a trade before big news releases. The new can change completely our plan.

I will try to update the Docx with both direction to trade. So, at least, we take one trade a day for a living.

Sai Ram
Being a fxtrader is not easy. Ones must working hard.
0 traders viewing now