My Day Trading System (MDTS) in trend following

Quoting NatashaM

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Hi, the main trend on H4 changed 2 times today. May be there were news with high impack. On GBPUSD there was no entry setup, but on AUDUSD the setup for SELL didn't work and I lost again with this pair. May be the system is suitable mainly for GBPUSD.

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Quoting NatashaM

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The positive thing of the system is that we are safe of enter in a losing trade for GBPUSD, because while price was DOWN on H4 we didn't have a DOWN setup on H1. Now the trend on H4 ia changing and if remain UP, then we have to wait for a new setup for BUY on H1. That is in my opinion. But we saw that the system is not such confirming for the other pairs - may be it is really suitable mainly for GBP. We'll see.....

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Quoting sriloba

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{quote} Hi, When I create the system I use GBPUSD to make the tests. This is a pair that I traded for more than 8 years. Because we can grab 20 pips in 1 trade. I think we can trade others pair with the system. The problem is each pair has its own characteristics. This is my point of view. Sai Ram

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Quoting NatashaM

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{quote} You are absolutely right! Every pair has its own specific movement. I think everyone may choose one or two pairs in order to learn in details every element of their movement, because it is impossible to trade precisely several pairs in one and the same time. I'm trading more than 2 pairs, because I'm still testing . But in the real account it is not necessary to risk too much. I agree with you that GBPUSD is a volative pair and it is real possible to grab minimum 20 pips today.

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Quoting sriloba

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Hi fellow traders, I want to share with you the MDTS simplified. It is very easy to follow. Even the newbies don't have to take time to absorb the idea. The system contains 3 parts: 1) Determining the trend in H4 2) Wait for the retracement in H1 3) Aligning the 3 Forces in M15 then pulling the trigger with a quiet mind. Enjoy it! May the 3 forces be with you Sai Ram {image} {file} {file} {file}

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Quoting sriloba

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Hi, If you want to monitor more than 1 pair then the template attached below may help you. ALWAYS FOLLOW THE RULES. May the 3 forces be with you Sai Ram {file} {file} {image}

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Quoting NatashaM

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{quote} Hi, Sriloba! Thanks for sharing the latest simple and easy to follow system. But testing it in historical data I found several losing setups /for example GBPUSD - 03.06.19 - H4 - 06.00 GT- BUY; H1 - 06.00 GT-retracement DOWN; M15 - 08.00 GT at close - ENTRY BUY. We see the price moved 17 pips in our direction and then 32 pips against us. If we have put our 20 sure pips TP - our SL would be touched for sure. I have a suggestion: to add CCI on H1 - it shows us where retracement had already finished. The same gragh: on H1 at 13.00 GT we can...

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Quoting 8tango

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Hi sriloba, thank you for yor system. How many time do you trade with your system (on demo or real account)? What is your trading results (%, DD, etc...)? Which pairs do you advise to trade with your system?

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Quoting 8tango

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Is it a good sell enter? {image}

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Quoting 8tango

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Hi sriloba, thank you for yor system. How many time do you trade with your system (on demo or real account)? What is your trading results (%, DD, etc...)? Which pairs do you advise to trade with your system?

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Quoting sriloba

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{quote} Hi, I use most of the time the strategy in post#132. The system is accurate 80%. I trade GBPUSD at 95%. My daily objective is 20 pips. Start with the majors. Sai Ram

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