PA Trading with EMAs and common Sense

Quoting niks

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{quote} hello darwati, i do not plan to switch to just following trends, but i am working very hard on improving my trend following and combining it with my countertrend... of course you will remember the inspiration you provided to me when i started trading this way by highlighting the ability to catch a mini trend after a countertrend, that advice improved my profits significantly and still inspires me!!! thanks for dropping in and all the best of luck to you!

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Quoting SunTrader

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{quote} That is one and the same. Length of lookback period. Of course the period, length, whatever is based on one's preference. Just saying if one is looking at, for example, a 5 minute chart makes sense to use a length of 12 (or multiples of 12) because 12 X 5 = 60 minutes = 1 hour. But whatever, what do I know.

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Quoting niks

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{quote} it's pedantic i know but they are not the same at all, they have completely different meanings... Simple Moving Average Formula. SMA (n) = (P 1 + P 2 + … + P n) / n. Where: n is the number of time periods, Pn is the price at period n. there are infinite combinations on how you could use a MA in trading, your example might make sense to you, but is completely illogical to me... and that's fine! i appreciate and understand what you are trying to convey, but that's not the way i look at or use MA's myself...

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Quoting mrfo

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Niks, I'm trying to study your entries, but I'm a bit confused. Sometimes it seems like the price is going heavily against your direction, but your still in the trades. So I'm wondering where do you put your stops? How wide, and what's your average RRR?

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Quoting vvm

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@ first, sorry for my bad English My TradingMethod has 3 basic Ideas: 1. PA: 50% 2. 2 Fast EMAs (Floor Trading System) and sometimes I add the 100Ema: 10% 3. common Sense: 40% 1) PA plays main Role in my Method, I am not a very good PA-Trader, but I understand the Chart Structures (Trend, Range, Reverse) and the importance of Key Levels, it is enough for my simple Trading. IMHO The best PA-Book: Al Brooks “Reading Price Charts Bar by Bar”, 400 Pages, 330 Charts. It is a very hard Job to read it, but it is worth it. I begun to read this Book on 1....

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Quoting niks

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{quote} that is correct mrfo, sometimes price does move heavily against my direction but i am still in the trade, i do not use stop losses, i will stop myself out when i feel no chance of recovery or if i'm forced to due to drawdown limits... my average rrr is terrible, generally around 0.30!

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Over the weekend of 5th - 6th October, margin calculations for hedged positions are being updated where retail clients will be required to have 100% of the initial margin for each leg of a hedged trade.
This means that all trades will be treated independently and subject to their own individual margin requirements, irrespective if they are a hedged position or not. Additionally, the maintenance margin level will be recalculated accordingly to these new requirements for the purpose of the 50% margin close-out protection.