"Trade the slope" journal

sorry Pete. when i said "you", i was speaking more generally of all of us who are following the system. until now, i have been using the SL as you have. and i share your reluctance about the EA. you have raised some good points with the SL though. honestly, i am on the fence about it. keep up the good work. your thread is an asset to FF.

Hi everybody,

Congrat to PTOURNIS for starting his journel with many pips in this month.I have just started forward testing and it give me positive result today. But we shall see in the long run.

Hope every1 continue making pips including me this coming year.

Kosh

Dear All,

Just a simple question. Will it be better if we wait for the daily tf to change a new color and then check the rest of the tf to enter a trade or we can enter trade as long as all the indicator color are the same anytime.

Welcome all feedback.

Kosh

I read the whole thread start to finish yesterday and I believe I saw the answer to this.

First I'll confirm I have the question interpreted right - you're wondering if there has already been one entry triggered on all time frames, do we have to wait for the daily to switch before considering another entry or can we take any new entry as long as all colors match again?

The answer as far as I understand is yes. If say all time frames have the same color, then the 30minute changes, then changes back so all 4 are the same, it's a new entry signal.

These are somewhat old trade I took last night, but fell asleep to post.

Short Gbp/Usd at 1.9528
Long Usd/Cad at 1.0314

Moved sl on Eur/Chf to +100

Wow things are moving this m orning

Moved SL on Nzd/Usd to +10

Moved SL Eur/Chf to +200

Kosh,

You can find the answer at my blog. I have the whole system posted there.

Pete

Thexder,



Pete

I've been long on usdcad since last week and am up with 68pips but don't u think it will not last since crude-oil price is falling.

your analysis will be appreaciated

thanks

Naija,

I really don't know. I trade what is on the charts. I let the others do the fundamental anaylsis. Have a great day.

Pete

Hi Guys,

Thank Thexder for your answer.

I forward test this system and open 3 trade today.All were positive for 100pips.
Hope that these are not just lucky trades.

Anyway,i still believe in "what i believe". There will be loses inevitable but personal emotion and discipline is the key to "holy GRail".

MAny pips to everyone here.

Kosh

Hi Naijafx
This is the whole point in trading mechanical system,you have to remove the emotion out of trading,and stick to UR RULES each and every time,i doubt if Pete knows the answer,if he did he would be a BILLIONAIRE today!!!.
Never know he might still be a Billionaire !!
Enjoy the holiday!!

Moved SL on Eur/Usd to +100

short audusd 0.8615

I've been doing very well with this slope system. thanks to pete. in 10days ttrading, i've made 1000usd in my demo acct.

Attached is my present chart .

thanks

Dollar is getting stronger today. Will it hold? Who knows, but profit from it.

Short Usd/Jpy at 105.90.

Naija,

I am so happy you are gaining confidence in the system and more importantly in yourself. Good job!!!!

Pete

hello Guys!

I just wanted to alert us of the slope that is about to change with usdchf currency, we might see a change in slope between 5pm est today and tomorrow but then I will enter after two days of slope change to avoid losing due to battle to gain trend change dominance

My 100 naira contribution

hi Pete,

I´m reading the book, is really good!!!!

Thanks,