"Trade the slope" journal

Yes

Short

Yes Short

Nzd/Usd +90
Eur/Usd +292
Aud/Usd +78
Usd/Jpy +131
Usd/Chf +103


Pete T

Does anybody open more than one position on the trend and simply use a stairstep approach to profits? ie using smaller position size and take profits as they come by closing out one position and let another one or two continue.

Do you recommend just one position and let it go?

Does anybody add to their position as the trend continues?

RCWSO

Hi Pete
was really happy to read on your blog that ur up +1500 pips this year.But i was impressed by your statement tht no matter what you "Stuck" with what works for you.
I dont use the system,but i always frequent ur Blog.
You are an inspiration to other traders
Take care

baz

baz,

Wow, thank you very much for your kind words.

Pete

Hi Pete,

Lately I've not been able to follow your trades as by the time I read it, it was too late. I still hope that you can post your trades here rather than the blog. The email that i subscribe to also came in late.

Thanks, joyrider

Long Nzd/Usd at .8078

Joy,

I do not offer a subscription service on my blog. I try to post them is timely manner, but sometimes I do not get to it. I want to show people how to trade not spoon feed them

Pete

Hi Pete,

I understand Pete. Not trying to get any special favor. Just to let you know that I still prefer the old way.

I may have to cut down the number of pairs as I still do not know what is the best time to look at all the pairs. I sincerely thank you for your effort in teaching us.

Regards, Joyrider

hi pete where we can see your result every mount? r u send ur report here? for example last mount u get how many pips?
thx u

hey did your long nzd usd get stopped out? just wondering because im trying to follow along. thanks for your help

Hey Pete, just wanted to say your doing a great job and to be commended.
I hope some of the new traders read and learn from your example.

Trade The Slope

Im An Intra Day Trader...........

1)do You Think This Indicator Suitable For Short Term?

2)what Pairs It Work The Best?

3)how To Set It?i Dont Have The Indicator.

johndoe,

Thanks for the kind words. I hope I am helping traders in more mentally than just showing them how to trade the system.

Pete T

BabyTrader,

Some people do trade it on smaller TF. I do not. This indicator can be located in EMA's thread. You can visit my blog where we discuss the system.

Pete

Pete could you please post the link to your blog? It used to be at the bottom of your posts but I don't see it there anymore. Thought I had it bookmarked but didn't. Thanks!

Pete thankyou for all your help with the slope.
I just finished reading your tread and blog.
I also read ematraders slope tread also and .......trader tread about slope and ADX, but he was getting to much into EAs for me.

The color will change while the bar is still open, right ?
So we don' t open our trade until the daily bar closes.
When the bar is closed will the previous bar change color after it has already closed.
I was looking at the 1 minute chart ( I like to trade the daily time frame, i was just looking at the minute chart to see what happen while i watched it.
I noticed that even two bars back can changed color when the price changes direction.
I'm not worried about anything in the small time frames, i just wondered if it did that in the longer time frames also, like daily, h4, h1.
i have been practicing for about 6 month on demo with IBFX.
But i still havent got consistant profits, so far.
I need to keep learning and practicing like most things in life.
I like the system you use pete and hope to get profitable in it.

Sandy,

There you go. Hope it helps.

http://slopesystem.blogspot.com/

Joyrider