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Trend Follower 5 Minute System

  • #1,881
  • May 17, 2008 6:32am May 17, 2008 6:32am
Quoting timex83
WilteredFire, from my chart, d signal 2 go SHORT occured around 4:25a.m GMT. If you took the trade then, it went 50 pips b4 retracing aroung 9:50 a.m GMT. The news u're talking about occured 1:30 pm GMT

As intra-day traders, a trade that has gone 30 pips in ur favour is successful. Some who hav been long in this biz settle for 20 pips. Indicators are not predictors. Price will go where it wants. We only pray that luck will meet our preparations in this biz.

I'm glad we're back again.
.
Hi timex83,
do u think cheasle can win the champion league?
where did u get that forex factory calender on your chart from? pls can u share? it looks luvly.
Alnames.
  • #1,882
  • May 17, 2008 12:34pm May 17, 2008 12:34pm
how was this week?
  • #1,883
  • May 17, 2008 3:18pm May 17, 2008 3:18pm
Quoting alnames
.
Hi timex83,
do u think cheasle can win the champion league?
where did u get that forex factory calender on your chart from? pls can u share? it looks luvly.
Alnames.
I'll love Chelsea to come out victorious. Can't wait 2 feel the excitement on wednesday. Up Blues!!!!!!!

Attached is ur luvly calendar.
Attached File(s)
File Type: mq4 FFCal.mq4   46 KB | 1,080 downloads
  • #1,884
  • May 18, 2008 3:07am May 18, 2008 3:07am
Quoting pilatus
how was this week?

Made 60+ pips on Friday in the conference room.

You should have joined earlier

- navin
  • #1,885
  • May 18, 2008 4:15am May 18, 2008 4:15am
Quoting navin44
Made 60+ pips on Friday in the conference room.

You should have joined earlier

- navin
Good pips Navin,

How do you determine your stop losses and take profit for your trades?

cheers
  • #1,886
  • May 18, 2008 6:37am May 18, 2008 6:37am
Quoting Bazuka77
Good pips Navin,

How do you determine your stop losses and take profit for your trades?

cheers
Stop loss I determine by the original rules.... recent high/low +/- 5 pips.

I like to keep it at 1:1 ratio. So I keep my limit the same amount of pips as my stop. So if stop is 12 pips... my limit is 12 pips.


However, I do use some discretion. I keep an eye on pivot points. If I'm near a support and resistance level and I see it doesnt break through it, I'll close my position.


Just a little advise for this forum members : Keep it simple stupid. Stop trying to perfect the system by adding all your nonsense indicators. Just trade it the original way. - I love you guys too
  • #1,887
  • May 18, 2008 11:12am May 18, 2008 11:12am
Timex:

Yeh, its good to be back again bro. Im still trying to trade the trend follower system pretty much as the original system is.

Are you joining navin in his conference for trading together?

If you are, then i'll get things ready so I can meet you guys for some live trades on monday morning, like the old days.

Take care all
  • #1,888
  • May 18, 2008 10:29pm May 18, 2008 10:29pm
Hi guys.
Does anyone know where "Wicker" and "pmuffin" aka Paul been? These 2 was very active in the beginning and out of the blue they are not responding anymore. Anyways, like it always has been, readers have always been seasonal with few exceptions like Phillip Nel and Oz.
How do i join your trading conference?
Good luck trading babes
  • #1,889
  • May 19, 2008 2:39am May 19, 2008 2:39am
baronfei: You need to download yahoo messenger so you can join the conference.

Take care
  • #1,890
  • May 19, 2008 3:21am May 19, 2008 3:21am
Quoting WilteredFire
baronfei: You need to download yahoo messenger so you can join the conference.

Take care
To join the conference, you need 2 b invited by one of d members. Lets add each other as contacts so that we can get ourselves into d conference. My ID is tim_awo.
  • #1,891
  • May 19, 2008 3:32am May 19, 2008 3:32am
Hey Guys,

I'm having technical problems today and cant host the conference. There are some people already in the conference that I set up. I will be back tomorrow London session to trade and open the conference.

Save me some pips lol
  • #1,892
  • May 19, 2008 4:11am May 19, 2008 4:11am
timex, i've added you bro...

My id if anybody wants to add me, is: wiltered_fire

I dont think im going to trade today, I will see you guys tomorrow for the london open
  • #1,893
  • May 19, 2008 4:52pm May 19, 2008 4:52pm
Quoting timex83
I'll love Chelsea to come out victorious. Can't wait 2 feel the excitement on wednesday. Up Blues!!!!!!!

Attached is ur luvly calendar.
Hi timex83,
pls your calender did not show up on the chart, do i need to change the settings?
Alnames.
  • #1,894
  • May 20, 2008 3:05am May 20, 2008 3:05am
Quoting alnames
Hi timex83,
pls your calender did not show up on the chart, do i need to change the settings?
Alnames.
Is any1 having same probs with d calendar indicator?. Its a normal indicator. U hav to click "allow DLL inputs" though. Let us know what happens when u do.
Attached Image (click to enlarge)
Click to Enlarge Name: a6.JPG Size: 149 KB
  • #1,895
  • Edited 11:34am May 20, 2008 8:34am | Edited 11:34am
Hi, friends, to join fellow 5mins Trend followers, we've created a more flexible forum on Skype. To join us, click on d following link. All u need to hav is SKYPE .

http://www.skype.com/go/joinpublicch...S-la6ybckzLEUk

Skype is better because no one host the site. I don't hav a code to enter. If I'm not around, you can still get into the room. The room is always open.

C u there!
  • #1,896
  • Edited 8:20pm May 20, 2008 11:45am | Edited 8:20pm
Quoting timex83
Is any1 having same probs with d calendar indicator?. Its a normal indicator. U hav to click "allow DLL inputs" though. Let us know what happens when u do.
thanks for that.
Alnames.
  • #1,897
  • May 20, 2008 7:42pm May 20, 2008 7:42pm
Quoting timex83
Hi, friends, to join fellow 5mins Trend followers, we've created a more flexible forum on Skype. To join us, click on d following link. All u need to hav is SKYPE .

http://www.skype.com/go/joinpublicch...S-la6ybckzLEUk

Skype is better because no one host the site. I don't hav a code to enter. If I'm not around, you can still get into the room. The room is always open.

C u there!

What do you guys normally do in the conference?
Would like to try it out but Im having problems to download the program in office ;(
  • #1,898
  • May 22, 2008 12:25pm May 22, 2008 12:25pm
am new to this thread,and as such need some clarifications
i dont know how to trail-stop my trade when it moves in my position.Any line of thought would do.Thanks
lkdolzfx
Let God be true, and every other man be a liar
  • #1,899
  • May 23, 2008 9:13am May 23, 2008 9:13am
im doing it with lagueree indicator not laguere ok
ive noticed on 15 MT settings are gamma 0.7 30 80 0.45
when laguerre cross 30 to 80 there are big trend change
or reversal point try it
Attached Image(s) (click to enlarge)
Click to Enlarge Name: very good.gif Size: 39 KB
Click to Enlarge Name: very good 2.gif Size: 27 KB
  • #1,900
  • May 23, 2008 11:51am May 23, 2008 11:51am
Quoting rod30
im doing it with lagueree indicator not laguere ok
ive noticed on 15 MT settings are gamma 0.7 30 80 0.45
when laguerre cross 30 to 80 there are big trend change
or reversal point try it
Hi rod30,

Don't you get a lot of false signals that way?

Thanks,
Chris
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