Trend Trading All Pairs | Page 217 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading correlation pairs by using the other pairs 843 replies

28 Pairs Trading Panel (Multi-pairs) 0 replies

Export All pairs or selected pairs to .csv with script 3 replies

Daily Bar Analysis - All Pairs/All Welcome 15 replies

Trend Trading All Currency Pairs 3 replies

Attachments: Trend Trading All Pairs
Exit Attachments

Trend Trading All Pairs

  • #4,321
  • Feb 21, 2010 8:14am Feb 21, 2010 8:14am
Also guys we need to be a little more careful on the pics we post this is a family channel...no need to cause a rule vioaltion....if you know what I mean..

--NM
  • #4,322
  • Feb 21, 2010 8:48am Feb 21, 2010 8:48am
Here is a Lot Size calculator that will calulate the pip value for micro accounts, it plots the pip value in a chart and is continually updated from MT4 as long as MT4 is running. It also includes a Risk Lot size calculator. So all you have to do is put the SL, pip value and your account balance in the calculator and it tells you how many lots you can trade based on % of risk.

--NM
Attached File(s)
File Type: xls Risk per trade Calculator Micro.xls   53 KB | 599 downloads
  • #4,323
  • Feb 21, 2010 9:16am Feb 21, 2010 9:16am
Here is an economic calendar that will update every 15 minutes but can be changed to any intreval or you can update manually anytime. Now you dont have to be glued to the calendar on the website for the news release, sometimes the server gets too busy to get in anyway so now you can just use the handy dandy calendar.

--NM
Attached File(s)
File Type: xls Excel Economic Calendar.xls   162 KB | 577 downloads
  • #4,324
  • Feb 21, 2010 9:27am Feb 21, 2010 9:27am
Quoting NightMoves
Also guys we need to be a little more careful on the pics we post this is a family channel...no need to cause a rule vioaltion....if you know what I mean..

--NM
Of course. You are absolutely right. Taking the necessary steps. Thanks for the reminder.
  • #4,325
  • Feb 21, 2010 9:40am Feb 21, 2010 9:40am
Quoting NightMoves
Also guys we need to be a little more careful on the pics we post this is a family channel...no need to cause a rule vioaltion....if you know what I mean..

--NM
I have deleted all the pics of hot Brazilian bundas...well not all of them...but I won't post them anymore.
  • #4,326
  • Feb 21, 2010 9:42am Feb 21, 2010 9:42am
Night,

Hi, I haven't been following this thread closely, but I'm glad you started it. I notice you use Hector's Indies...how are you doing so far?



Quoting NightMoves
Always make sure to check the longer term charts as well to make sure there is no longer term conflicting signals, S/R levels on longer time frames will affect the smaller trends if that is what you are trading. And remember
if a winning trade begins to show weakness, pull the profits off the table, and reload the gun later when the next opportunity arises, never let a winning trade turn into a losing a trade.


More charts an examples to come....
In Charts We Trust!
  • #4,327
  • Feb 21, 2010 9:43am Feb 21, 2010 9:43am
Its a PHP file...

Quoting NightMoves
Here is a Lot Size calculator that will calulate the pip value for micro accounts, it plots the pip value in a chart and is continually updated from MT4 as long as MT4 is running. It also includes a Risk Lot size calculator. So all you have to do is put the SL, pip value and your account balance in the calculator and it tells you how many lots you can trade based on % of risk.

--NM
In Charts We Trust!
  • #4,328
  • Feb 21, 2010 9:46am Feb 21, 2010 9:46am
In the earlier part of my forex trading, i have considered adding positions at 61%, 50% fib retracement of a trend.

Pyramiding is something that interests me. I am still working on a good system for it.

If a person is very much convinced of the direction of the trend...one can use 1,2, 3 formation at every new swing to add positions and leave some on the table to ride the trend...even using TT trade to add and leave some on the table; heck, even using LOB breakouts to further add to the trend along the way. And just keep riding and keep riding it.

I guess, using nightmoves idea, the absolute get out of the trade could be the 75% fib.....

But first and foremost, one needs to identify an elegant trend, and find it early, and be sure one has find it. This...is also why i think the 3SMA is indispensable, in my view, nothing shows the beauty of a trend quite like the 3SMA.

Maybe the 3SMA is not real or whatnot...but the psychological clarity it brings to "clarifying" a smooth, elegant trend is the best, bar none.


Quoting NightMoves
Hi Adrian,
The intrade management, like I posted is something to give you an idea of howlong to keep a trade open, intraday trades are a little more sporadic and 20% of the ADR is usually a good way to set targets, if you let your trades run over several days, then i have found that using the 75% of a 40 pip move ususally keeps you in the game for a lot longer.

That was based off another trading method but it does seem to work fairly well. The only thing is you have to keep moving your active wave because only the waves that move 40 pips or more...
  • #4,329
  • Feb 21, 2010 9:48am Feb 21, 2010 9:48am
Quoting X.Oden
Its a PHP file...
No it is an excel spread sheet, I made it in excel, there is no php scripting in it, if for some reason it downloaded to you as a php file then just change the extension to .xls and it should be fine, not sure why it would download as a php script though.

--NM
  • #4,330
  • Feb 21, 2010 9:49am Feb 21, 2010 9:49am
Has anyone downloaded the calendar and found it downloaded as a php script file?

--NM
  • #4,331
  • Feb 21, 2010 9:53am Feb 21, 2010 9:53am
Sorry the Calendar works fine..and looks great! But the Risk calculator downloads as a PHP for some reason...

Quoting NightMoves
Has anyone downloaded the calendar and found it downloaded as a php script file?

--NM
In Charts We Trust!
  • #4,332
  • Feb 21, 2010 9:55am Feb 21, 2010 9:55am
Quoting X.Oden
Night,

Hi, I haven't been following this thread closely, but I'm glad you started it. I notice you use Hector's Indies...how are you doing so far?
I have been using this method for a few years now and have done real well with it. I combine other methods as well but the method works really well.

The indicators work pretty well too, I use the ones in the chart more than the dashboard and other indicators but I like them they seem to be close enough to be able to find a good trend to play with.

--NM
  • #4,333
  • Feb 21, 2010 9:57am Feb 21, 2010 9:57am
Quoting X.Oden
Sorry the Calendar works fine..and looks great! But the Risk calculator downloads as a PHP for some reason...
I am not sure why that is, I downloaded just now and it came though as an .xls file. Try doing a "Save Target As" and see what you get...

--NM
  • #4,334
  • Feb 21, 2010 10:02am Feb 21, 2010 10:02am
Quoting NightMoves
Here is an economic calendar that will update every 15 minutes but can be changed to any intreval or you can update manually anytime. Now you dont have to be glued to the calendar on the website for the news release, sometimes the server gets too busy to get in anyway so now you can just use the handy dandy calendar.

--NM

Thanks for these two posts.

http://www.forexfactory.com/showpost...postcount=4322

http://www.forexfactory.com/showpost...postcount=4323

I downloaded it just now too...and it is a XLS file...both of them....dont know what ODEN is talking about...maybe that fuzzy math is kicking in again...hahaha

Oh, i find the journal to be most useful, nightmoves. Mucho gracias.
  • #4,335
  • Feb 21, 2010 10:09am Feb 21, 2010 10:09am
Quoting EntropyLad
Thanks for these two posts.

http://www.forexfactory.com/showpost...postcount=4322

http://www.forexfactory.com/showpost...postcount=4323

I downloaded it just now too...and it is a XLS file...both of them....dont know what ODEN is talking about...maybe that fuzzy math is kicking in again...hahaha

Oh, i find the journal to be most useful, nightmoves. Mucho gracias.
Glad you like it, I had the risk calculator in the journal but it made my monte carlo go ballistic everytime the calculator recived a new quote, so I will have to write a macro to stop that from happening, But is fun to watch that Monte Carlo module calculate like a maniac, the chart updates with each calculation so it is really fun to watch it, but rather useless...LOL

--NM
  • #4,336
  • Feb 21, 2010 10:17am Feb 21, 2010 10:17am
Quoting EntropyLad
Thanks for these two posts.

http://www.forexfactory.com/showpost...postcount=4322

http://www.forexfactory.com/showpost...postcount=4323

I downloaded it just now too...and it is a XLS file...both of them....dont know what ODEN is talking about...maybe that fuzzy math is kicking in again...hahaha

Oh, i find the journal to be most useful, nightmoves. Mucho gracias.
If you open the calculator and the trade journal at the same time this is the chart that just keeps calculating along with the table data, at least until I get a macro written to stop it.

--NM
Attached Image
  • #4,337
  • Feb 21, 2010 10:20am Feb 21, 2010 10:20am
May i know that where to get the template for this strategic? Please help.

Thanks.
  • #4,338
  • Feb 21, 2010 10:33am Feb 21, 2010 10:33am
Quoting HLAng
May i know that where to get the template for this strategic? Please help.

Thanks.
Hi HLang,

All you need to do for the template is set 3 moving average lines, 30, 50, AND 100. And those will tell you if you are in a safe trend to trade, entires into the market are not set by those, they are only to give you an idea of the trend condition. Entry in the market is explained in the beginning of the thread and various posts an examples throughout the thread.

Some people will get confused and enter based on those MA lines, that is not their pupose, they are there ONLY to let you know if you are in a tame trend or a wild trend, so you can make a determination of whether or not you want to get in the trade.

They also help determine if maybe the trend is running out of gas, just by watching how deep the retracements are digging into those lines, it may start out just bouncing nicely off the 30, then the 50 as it digs in deeper then eventually it starts playing with the 100, now its time to start reassesing and see if you really want to get in the trade....make sense?

--NM
  • #4,339
  • Edited 3:56pm Feb 21, 2010 11:08am | Edited 3:56pm
Well, market opens in a few hours.

AUD/NZD tt trade at 1.2805 will suffice if TT rules are met.

I like how AUD/USD from last week is now at 0.8980
http://www.forexfactory.com/showpost...postcount=4234

TT trades rock!


Wonder if EUR/USD will go down after opening..from 1.36137 or if USD/CHF will go up after 1.0745. I dont consider these two to be TT trades giving weekend open/friday close. It makes no sense to me to start taking trades after 12pm EST on friday, TT or otherwise.

It is too early to say... but i wont mind a LOB on GBP/CAD on monday morning.

GBP/USD at 1.5600 and 2.5650

NZD/CAD at 0.7305

AUD/CHF at 0.9600

ALL THESE ARE CONDITIONAL upon the TT rules stated here:
http://www.forexfactory.com/showpost...postcount=3873
  • #4,340
  • Feb 21, 2010 11:16am Feb 21, 2010 11:16am
Quoting EntropyLad
In the earlier part of my forex trading, i have considered adding positions at 61%, 50% fib retracement of a trend.

Pyramiding is something that interests me. I am still working on a good system for it.

If a person is very much convinced of the direction of the trend...one can use 1,2, 3 formation at every new swing to add positions and leave some on the table to ride the trend...even using TT trade to add and leave some on the table; heck, even using LOB breakouts to further add to the trend along the way. And just keep riding and keep riding...
I totally agree with you, I use the MA lines more times than not, and of course you need to find the major S/R levels to further trade what your seeing,as far as the 75% retracement, I find that it has kept me in a trade longer than I would have if I were just following it, for me it gives a finite number that says to me "Hey I have had enough, I am picking up toys and going home" However I will always TP before I start that intrade management technique, then once I am good to and stop as been placed to BE then I can let it go without the psychological thing getting in the way, because now you know what PA needs to do before you exit the trade, and if that does not happen then your still in, kind of keeps me from exiting too early which I have done many times, only to see that had I stayed I could have picked up hundreds of pips more.

--NM
12 traders viewing now