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Easiest trading strategy on the planet!

  • #101
  • Feb 12, 2019 9:14pm Feb 12, 2019 9:14pm
Quoting TheSpoof
{quote} Your second chart could have been this with a pending order. I don't care to trade higher than 5 minutes because I feel the swings are too large, but this would have worked. I use the most recent Hull swing with take profit at the nearest 25 or 50 level You could have taken another sell and it would have been a loss it looks like but the long would have been a winner for sure. Man, I miss cTrader {image}
Beautiful!
Winners add to winning trades!
  • #102
  • Feb 13, 2019 2:57am Feb 13, 2019 2:57am
Ok got a win. Waited for UK Open to occur and looked at most recent swing high and swing low as the entry point and saw MACD was about to cross 0 to the downside so placed the trade. Targetted 1R instead of 2 and it worked.
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Winners add to winning trades!
  • #103
  • Edited 6:21am Feb 13, 2019 5:58am | Edited 6:21am
some of you may prefer to use stochastic if your finding macD histogram a little tricky.
https://www.forexfactory.com/showthread.php?t=612642

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Same rules apply as with any oscillator
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  • #104
  • Feb 13, 2019 6:32am Feb 13, 2019 6:32am
Quoting TheSpoof
{quote} Yes. So take the other day for example. I sit down at my computer with my fresh coffee at about 7:50 (ten minutes before the NY open) and identify the most recent swings in the London session and make my assessments (looking at ATR reached for the day, where price is in relation to the round numbers, etc). In this case, I placed pending orders where the yellow arrows are and I easily caught the sell trade. Took profit at the nearest round number level which was a 25 pip level even though this move did continue down to the 50 level later...
Hi! Can you share your template?
Good job for your last trade!
  • #105
  • Feb 13, 2019 6:53am Feb 13, 2019 6:53am
Quoting marshalmax
Ok got a win. Waited for UK Open to occur and looked at most recent swing high and swing low as the entry point and saw MACD was about to cross 0 to the downside so placed the trade. Targetted 1R instead of 2 and it worked. {image}
Ha! Right on
Emotion - it steals your money.
  • #106
  • Feb 13, 2019 7:05am Feb 13, 2019 7:05am
Quoting BeaterTrader
{quote} Hi! Can you share your template? Good job for your last trade!
Try this out.
Attached File(s)
File Type: tpl 1 Hull Swing Strategy.tpl   642 KB | 638 downloads
File Type: zip Indicators.zip   59 KB | 722 downloads
Emotion - it steals your money.
  • #107
  • Feb 13, 2019 7:40am Feb 13, 2019 7:40am
Quoting TheSpoof
{quote} Try this out. {file} {file}
Thank you. What about SL? Whats your SL exit method?
  • #108
  • Edited 8:57am Feb 13, 2019 7:44am | Edited 8:57am
Quoting BeaterTrader
{quote} Thank you. What about SL? Whats your SL exit method?
I have an initial stop of 10 pips which I adjust depending on how I feel price is going. I have a take profit set to the nearest 25 or 50 pip round number. If the Hull turns against me I close the trade before it hits my stop. But, hey...I just a started trading this strategy and don't follow it 100% as vdubus laid it out so don't necessarily do what I am doing
Emotion - it steals your money.
  • #109
  • Feb 13, 2019 8:25am Feb 13, 2019 8:25am
Spoof, Cool setup. Do you have a setup of your indicators for this strategy?
  • #110
  • Feb 13, 2019 8:48am Feb 13, 2019 8:48am
Quoting jlr6172
Spoof, Cool setup. Do you have a setup of your indicators for this strategy?
See post #107 however the only indicator I use is the Hull moving average set to 21 periods as per the first post by Vdubus.
Emotion - it steals your money.
  • #111
  • Edited 11:12am Feb 13, 2019 9:01am | Edited 11:12am
See what happens when you change shit up! I new I should just stick with GBPUSD. I would have been out already with 30 pips for the day, but noooooo, I had to try EURJPY because GBPUSD had already hit its ATR for the day and now I am stuck in a crappy bouncing trade all morning hoping price goes down to 125.000 level

Edit - closed trade for a 1.6 pip loss - I am not babysitting this thing. These trades typically go to winners very quickly. I had to go out to look at a new place so I missed the opportunity to close the trade @ around 125.045 which was a support level hit at the Sydney open. I would have closed the trade for +8 pips. What a shitty day today turned out to be and all my fault Mistakes made and lessons hopefully learned.
Emotion - it steals your money.
  • #112
  • Feb 13, 2019 10:48am Feb 13, 2019 10:48am
Quoting Wonderfull
EURGBP M15, long {image} hidden divergence, targeting the previous high at the left corner which is below round level
SL hit

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Price did go up after the bullish hidden divergence entry, it made a nice HH and HL on each price and oscillator, but after that it made a bearish regular and hidden divergence one after another, which could be interpretated as an exit or BE sign if you babysist the trade and have the same opinion. I didn't so it's a lost for me.
  • #113
  • Feb 13, 2019 11:34am Feb 13, 2019 11:34am
Quoting Wonderfull
{quote} SL hit {image} Price did go up after the bullish hidden divergence entry, it made a nice HH and HL on each price and oscillator, but after that it made a bearish regular and hidden divergence one after another, which could be interpretated as an exit or BE sign if you babysist the trade and have the same opinion. I didn't so it's a lost for me.
I see two potential short trades. The second one is precisely why I prefer pending orders - that one would have blasted into profit!
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Emotion - it steals your money.
  • #114
  • Feb 13, 2019 12:53pm Feb 13, 2019 12:53pm
Quoting TheSpoof
{quote} I see two potential short trades. The second one is precisely why I prefer pending orders - that one would have blasted into profit! {image}
If i would babysist that trade i could exit or BE the long position after i spoted those bearish divergences, also with the option of opening 2 positions exactly as you point out , both short would be winners and the first one even got the macd breakout extra confirmation:

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As i didn't babysist it, it wasn't posible to make those analisys at time.

Hey, but you didn't notice something, even without babysist it you could turn it into a draw with your two positions trading, 1 loss/1 win

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  • #115
  • Feb 13, 2019 1:15pm Feb 13, 2019 1:15pm
Quoting Wonderfull
{quote} If i would babysist that trade i could exit or BE the long position after i spoted those bearish divergences, also with the option of opening 2 positions exactly as you point out , both short would be winners and the first one even got the macd breakout extra confirmation: {image} As i didn't babysist it, it wasn't posible to make those analisys at time. Hey, but you didn't notice something, even without babysist it you could turn it into a draw with your two positions trading, 1 loss/1 win {image}
Ya, what I am noticing is that more often than not if you have a loss the very next opportunity will be a win. So should be able to end most days either in a win or a draw I would think
Emotion - it steals your money.
  • #116
  • Feb 13, 2019 2:52pm Feb 13, 2019 2:52pm
your catching on ppl losers turn into winners great work
Ideally a hedged bet would need to be taken at the point of entry of the losing trade... Or you could use it as a stand alone strategy all by it's self ?
  • #117
  • Feb 13, 2019 3:04pm Feb 13, 2019 3:04pm
I don't advice using this with out truly understanding how it works
but I had this EA created for this very strategy http://projectreaper.pw/en/?link=vdubus
It requires strict money management

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  • #118
  • Feb 13, 2019 3:32pm Feb 13, 2019 3:32pm
Quoting TheSpoof
{quote} I see two potential short trades. The second one is precisely why I prefer pending orders - that one would have blasted into profit! {image}
Hi, would you have taken the long trade after the first short trade shown? considering there was a higher low in the HMA...

thanks in advance for your response

regards

Attached Image
  • #119
  • Feb 13, 2019 3:55pm Feb 13, 2019 3:55pm
Quoting TheSpoof
See what happens when you change shit up! I new I should just stick with GBPUSD. I would have been out already with 30 pips for the day, but noooooo, I had to try EURJPY because GBPUSD had already hit its ATR for the day and now I am stuck in a crappy bouncing trade all morning hoping price goes down to 125.000 level Edit - closed trade for a 1.6 pip loss - I am not babysitting this thing. These trades typically go to winners very quickly. I had to go out to...
May i see your chart (Entry/SL/TP), it looks like it hit 125.000, also price was making LL's all the time, did it almost trigger your SL so you decide to close?
  • #120
  • Feb 13, 2019 4:12pm Feb 13, 2019 4:12pm
Quoting TheSpoof
I had to try EURJPY because GBPUSD had already hit its ATR for the day
So you didn't trade your GBPUSD today?. I know ATR indicator read market volatility and some people use it for SL placement, however, how do you apply it to your strategy.
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