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Trend Trading All Pairs

Here was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we go
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Quoting Chris P
Here was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we go
I am already out at 1.3926. risk reward: 1 vs 2. I am done for friday. That is good enough for me for today.
Quoting Chris P
Here was the real entry on fiber. Break of trendline with news. Retest, 5 min pin bar and down we go
good trade, yeah, trading off pinbars, definitely works out very well too!
Quoting NightMoves
Looks like now probabaly a good thing I missed it as quickly as it whipped back...
Oh, you mean that stupid retrace? It happens because of the slanted trendline on M5. I have attached a chart to illustrate my point.
http://www.forexfactory.com/attachme...1&d=1264775525
Quoting EntropyLad
I am already out at 1.3926. risk reward: 1 vs 2. I am done for friday. That is good enough for me for today.
Nicely done

Quoting Custos
good trade, yeah, trading off pinbars, definitely works out very well too!
Yep, they're pretty much the staple of my armoury. Plus Bearish and Bullish Outside Bars (BEOBs, BUOBs)

Best,
Chris
Quoting Chris P
Nicely done



Yep, they're pretty much the staple of my armoury. Plus Bearish and Bullish Outside Bars (BEOBs, BUOBs)

Best,
Chris

I am guessing you are pushing for the ADR on this? or close to it around 1.3910? Hope it works out...that will be 1:3 risk/reward for me if i do...but..today is friday, i am closing down early. I am good with 1:2 r/r.

Interesting...you use the word "armoury"...thinking in defensive rather than offensive terms, are we? I like that.
Quoting EntropyLad
I am guessing you are pushing for the ADR on this? or close to it around 1.3910?
No, I'm all out at the same level as yourself. Pushing to the lows was enough for a Friday like you say.

Quote
Interesting...you use the word "armoury"...thinking in defensive rather than offensive terms, are we? I like that.

Absolutely! Trading is all about protecting your equity and minimising your losses. The key is identifying areas where price is highly likely to react, but I have to get confirming price action before I'll pull the trigger.
Quoting Chris P
No, I'm all out at the same level as yourself. Pushing to the lows was enough for a Friday like you say.



Absolutely! Trading is all about protecting your equity and minimising your losses. The key is identifying areas where price is highly likely to react, but I have to get confirming price action before I'll pull the trigger.
I like the pin bars but I am not overly confident in them especially in the smaller TF, but I halfed this out at 30 pips and moved SL to +10 so if we hit the 3900 +/- a few pips I am out for the day.

--NM
Quoting NightMoves
I like the pin bars but I am not overly confident in them especially in the smaller TF, but I halfed this out at 30 pips and moved SL to +10 so if we hit the 3900 +/- a few pips I am out for the day.

--NM
OK I am done +53 pips on that go around. You guys have a great weekend.

--NM
Quoting NightMoves
I like the pin bars but I am not overly confident in them especially in the smaller TF, but I halfed this out at 30 pips and moved SL to +10 so if we hit the 3900 +/- a few pips I am out for the day.

--NM
Pin bars appear A LOT on the smaller timeframes. If you just looked for them and traded them anywhere, you would soon blow your account. It's all about location, location, location. Then we search for the price action to tip us off as to what will happen next.

Everyone seems to have made some positive pips today

Best,
Chris
FEBRUARY BEGINS, ladies and gentlemen.

Another week, another month.

May the pips be with us!
Hi all,

This question is aimed NightMoves or anyone who has bought ans uses hectors indicators.

I have been monitoring hectors 3sma filter indicator on my charts but I often see a perfect trend with all 3 sma's in line price above/below the 30 ect ect yet the dashboard nor the indicator on the chart signals it as a good trending opportunity.

For example the usdcad 4H chart right now is in a nice up trend with a triple top (waiting for a breakout) yet the indicators are grey meaning no trend.

If i was to only use the dashboard i would have missed many opportunities.

Maybe i am missing a filter that it uses.

Any ideas why that might be?

thanks
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Quoting Someone
Hi all,

This question is aimed NightMoves or anyone who has bought ans uses hectors indicators.

I have been monitoring hectors 3sma filter indicator on my charts but I often see a perfect trend with all 3 sma's in line price above/below the 30 ect ect yet the dashboard nor the indicator on the chart signals it as a good trending opportunity.

For example the usdcad 4H chart right now is in a nice up trend with a triple top (waiting for a breakout) yet the indicators are grey meaning no trend.

If i was to only use the dashboard i would have missed...
Are you seriously asking that question? I mean, seriously?

I dont mean to be rude or dismissive, but the solution to that question should be obvious to a 7 year old with a mental handicap. What does your eyes tell you? Is a trend or not? Use your eyes! they are there for a reason!

You know what? On a second thought, i think you are just trying to mess/play with us by asking that question. There is no other rational explanation.
Quoting EntropyLad
FEBRUARY BEGINS, ladies and gentlemen.

Another week, another month.

May the pips be with us!
Makin' pips rocks!
Quoting Someone
Hi all,

This question is aimed NightMoves or anyone who has bought ans uses hectors indicators.

I have been monitoring hectors 3sma filter indicator on my charts but I often see a perfect trend with all 3 sma's in line price above/below the 30 ect ect yet the dashboard nor the indicator on the chart signals it as a good trending opportunity.

For example the usdcad 4H chart right now is in a nice up trend with a triple top (waiting for a breakout) yet the indicators are grey meaning no trend.

If i was to only use the dashboard i would have missed...
It could also have something to do with the MT4 you are using. I think Hector uses MIG and I use MB Trading. With MB's version of MT4 some of the indicators do not work correctly. The round numbers indicator is all messed up and the dashboard does not work at all. Right now the dashboard is telling me the EUR/USD is in an uptrend on the 1H and 4H. It must be the way the code is written or something. I sure it works fine on MIG but on MB it needs tweaking.

It is better just to scan the charts. That way you won't miss something.
As per discussion here:
http://www.forexfactory.com/showpost...postcount=2573

AND finswin56 comment here:
http://www.forexfactory.com/showpost...postcount=2574

Take a look at MASSIVE SPIKE ATTACK on EUR/CHF on friday in the chart below. Driving home again why i find this currency cross to be uniquely dangerous. And of course, why late fridays is a risky day/time to take trades. Is that spike SNB intervention spanking action?

http://www.forexfactory.com/attachme...1&d=1264980331
Quoting Pip Dawg
It could also have something to do with the MT4 you are using. I think Hector uses MIG and I use MB Trading. With MB's version of MT4 some of the indicators do not work correctly. The round numbers indicator is all messed up and the dashboard does not work at all. Right now the dashboard is telling me the EUR/USD is in an uptrend on the 1H and 4H. It must be the way the code is written or something. I sure it works fine on MIG but on MB it needs tweaking.

It is better just to scan the charts. That way you won't miss something.
You can fix the grid indicator by changing it to 1000 instead of 100 in the settings. That is what i do on my 5 decimal broker platforms now.

I had the same issue in the beginning. If you try attaching the indicators manually and then saving the template again it should work.

I got everything to work but it just wont show all the trends. Its not a big problem I just thought it was handy to scan the charts.
Insightful post on EURCHF here: http://www.forexfactory.com/showpost...ostcount=53470

A reminder that we all need to bear the longer term charts in mind before we take a trade.

Here's to a profitable month to us all.
Quoting Chris P
Insightful post on EURCHF here: http://www.forexfactory.com/showpost...ostcount=53470

A reminder that we all need to bear the longer term charts in mind before we take a trade.

Here's to a profitable month to us all.

Thanks, the chart below is the WEEKLY chart for EUR/CHF, you can see the SUPPORT as clear as day. Still, what kind of a currency cross bounces of support with that kind of verocity and speed? It is unreal.
Perhaps, the best way to trade EUR/CHF most of the time is from the LONG SIDE, unless the CHF gets seriously undervalued.

http://www.forexfactory.com/attachme...1&d=1264984598
Has anyone got anything on the radar for this week? I'm looking at alot of these charts and it looks like some good trends have developed but many need some deep retracements before a good entry is given.
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