Forextrend Trend Following | Forex Factory

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Attachments: Forextrend Trend Following
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Forextrend Trend Following

  • #1
  • First Post: Edited 9:10pm Aug 10, 2008 9:01pm | Edited 9:10pm
I will be posting some trend following calls/tips here for my own account.

Strategy:

1. A trend will be given.

2. A price level will be given, if price goes below/above this level then do not enter any trades until i update the information.

(If you choose to stay in a trade even if it starts going against you by the time the next TREND reversal occurs you will be in profit, you can try it on demo and see the results).
3. Trades will run the cause of the trend which will last maybe 1hr 2hrs or more.


How to trade what i post: I trend-follow/scalp only in direction of the trend.



Best way, choose your favourate moving average and use it as a guide with the trend.
  • #2
  • Aug 10, 2008 9:06pm Aug 10, 2008 9:06pm
Gbp/usd: Trend Reversal To Up.

Price: 1.9117



Aus/usd: Trend Reversal To Up


Price: 0.8841
  • #3
  • Aug 10, 2008 9:54pm Aug 10, 2008 9:54pm
AUD/USD is clearly a Down trend!!
Anyway,,that be nice if u can post with graph...

Happy Pipping....

sonic
  • #4
  • Aug 10, 2008 11:07pm Aug 10, 2008 11:07pm
If the level i specified is broken then i will agree with you it is back to a tempoary down trend again.

Thanks
  • #5
  • Aug 12, 2008 2:46am Aug 12, 2008 2:46am
pips made: Gbp/usd: 83 pips


pips made: Aud/usd: 60 pips
  • #6
  • Aug 12, 2008 2:50am Aug 12, 2008 2:50am
Gbp/usd: Trend Reversing To Up.

Price: 1.9033

============================================================

Eur/usd: Trend Reversing To Up


Price: 1.4879
==========================================================

USD/CHF: Trend Reversing To Down

Price: 1.0869
  • #7
  • Aug 13, 2008 4:39am Aug 13, 2008 4:39am
AUD/USD(0.879), EUR/USD(1.4934) and GBP/USD(1.8905) have strong upward trends starting this week.


Note: Guidelines for my trades, trade at your own risk.
  • #8
  • Aug 16, 2008 2:28am Aug 16, 2008 2:28am
Buddy,

Care to post your claim ur graph??

That will b nice..
sonic
  • #9
  • Aug 17, 2008 3:01pm Aug 17, 2008 3:01pm
Got stopped-out 25-pips each below quoted-price for each pair for a loss of -75-pips.


Sold GBP/USD and EUR/USD for 90 pips(180 pips) gain on each.

Lets see what this week-brings.


Quoting forextrend
AUD/USD(0.879), EUR/USD(1.4934) and GBP/USD(1.8905) have strong upward trends starting this week.


Note: Guidelines for my trades, trade at your own risk.
  • #10
  • Aug 17, 2008 3:30pm Aug 17, 2008 3:30pm
Quoting forextrend
AUD/USD(0.879), EUR/USD(1.4934) and GBP/USD(1.8905) have strong upward trends starting this week.


Note: Guidelines for my trades, trade at your own risk.
Not sure which charts your looking at But it looks like they are still in a downtrend to me.
Same Whore .... Different Dress
  • #11
  • Aug 17, 2008 7:12pm Aug 17, 2008 7:12pm
buy EUR/USD at 1.4703 for a 20 or more pip move.
  • #12
  • Aug 17, 2008 7:16pm Aug 17, 2008 7:16pm
I am looking at my trading strategy and what i see also if you will take some time and read post number, it says that if the levels i post are broken then the trade is no-longer valid.

Thank-you



Quoting johnedoe
Not sure which charts your looking at But it looks like they are still in a downtrend to me.
  • #13
  • Aug 18, 2008 3:33am Aug 18, 2008 3:33am
Closed trade at 1.4755 with 52-pip gain. Waiting for next setup.

Quoting forextrend
buy EUR/USD at 1.4703 for a 20 or more pip move.
  • #14
  • Aug 31, 2008 2:59pm Aug 31, 2008 2:59pm
EUR/USD = UP

BUY= btwn 1.4685 1.4704

Resistance = 1.4900 to 1.4920

Support = 1.4550 to 1.4570


USD/CHF = SELL( most likely heavy selling).



NZD/USD = BUY

BUY = 0.7005

Support = 0.6979, 0.6950 area.


Resistance = 0.7035 and 0.7065


Note: All trades are for my own account, if you follow them then trade at your own risk, not responsible.
  • #15
  • Aug 31, 2008 5:21pm Aug 31, 2008 5:21pm
Big downward Exhaustion gap on GBP/JPY, GBP/USD, GBP/CHF, this is an indication of a reversal in progress in the coming trading days. Note that the gap will be filled(coming up) then most likely a pull back(down) then before the bigger upward move will begin.
  • #16
  • Aug 31, 2008 7:27pm Aug 31, 2008 7:27pm
Quoting forextrend
Big downward Exhaustion gap on GBP/JPY, GBP/USD, GBP/CHF, this is an indication of a reversal in progress in the coming trading days. Note that the gap will be filled(coming up) then most likely a pull back(down) then before the bigger upward move will begin.
means...GBP/USD may go up in coming days???

sonic
  • #17
  • Sep 13, 2008 9:05pm Sep 13, 2008 9:05pm
Attached are my trades for last week, trades still open and what you see is in pips.

And some say all you need is a few pips a day, come on join the high piping rollers.
Attached Image (click to enlarge)
Click to Enlarge Name: trades1.jpg Size: 227 KB
  • #18
  • Last Post: Sep 24, 2008 1:22am Sep 24, 2008 1:22am
Date today = 9/24/2008

EUR/JPY = UP

AUD/JPY = UP

GBP/JPY = UP

EUR/USD = UP

USD/CHF = DOWN


NOTE:
I am a long term trader so if you follow these trend directions please only scalp in the direction indicated until i re-post that the trend has changed, yes there will be big pull-backs but it is only when main trend changes will i repost to change it.
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