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Attachments: Trend Following - A Complete Guide
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Trend Following - A Complete Guide

  • #281
  • Feb 5, 2011 5:25pm Feb 5, 2011 5:25pm
Hey,

Sorry we updated this time on Wednesday during the test session.

We are now going to do it at 4pm tomorrow.

I hope that is ok with everyone.

Thanks

Micardo
  • #282
  • Feb 6, 2011 12:19pm Feb 6, 2011 12:19pm
That was an awesome session. Shame I failed and we haven't got a recording, but Micardo agreed to run a short one to one sim trading just like in the webinar so that we all can re-watch it whenever we need it.

Won't probably happen until next week, but will be worth the wait based on what we saw today!

Thanks again Micardo!
  • #283
  • Feb 6, 2011 12:19pm Feb 6, 2011 12:19pm
Micardo just want to say thank you very much for the webinar.

It was a lot of great information and I just wish it could have been
recorded.

Looking forward to the next time when you can fit us in.

Really appreciate the generous giving of your time.

Katrina
  • #284
  • Feb 6, 2011 12:37pm Feb 6, 2011 12:37pm
Thanks for the webinar and your time Micardo
Always Learning
  • #285
  • Feb 6, 2011 2:52pm Feb 6, 2011 2:52pm
Micardo, Thanks a lot ! The webinar was fantastic !
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #286
  • Feb 6, 2011 5:11pm Feb 6, 2011 5:11pm
Yes, thank you very much. It will be really helpful in the coming days.
  • #287
  • Feb 7, 2011 3:03am Feb 7, 2011 3:03am
Hi Micardo

I was wondering after entering a trade do you monitor on H4, H1 or a
combination of both

Kat
  • #288
  • Feb 7, 2011 6:14am Feb 7, 2011 6:14am
Quoting trzcinek
Micardo, Thanks a lot ! The webinar was fantastic !
DITTO
  • #289
  • Feb 8, 2011 11:43am Feb 8, 2011 11:43am
Micardo,

Coming back to this great webinar, I must say I really liked the way you increase the size of ongoing positions, would you agree to explain it to us a little bit more in detail ? what are the criteria, how do you time your entry ? etc.

It would be nice also to learn more about the exit strategy, maybe you have already been talking about that but i missed this part.

BTW, I think we should also say thank you to Daniel who has organized this great webinar session last Sunday ... looking forward for the next one !

I have an impression that something BIG has just started here ! Keep doing this great job guys! We start to have a nice Trend Follower community with fantastic people ! :-)

As for me, I think I have finally found my trading home :-) Thank you guys !

Trzcinek
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #290
  • Feb 12, 2011 3:23pm Feb 12, 2011 3:23pm
Hi all

I've been reading through the thread and find the posts very helpful. Just wanted to add my 5 cents worth!
I always use vegas and FF tunnels - especially on lower time frames when you are maybe looking for ideal entry or re-entry levels (especially in faster up or down trends). The tunnel helps to re-assure (maybe a psychological crutch!) since when the price often breaches a single MA you could be scared to close out a trade. The tunnels also re-assure that price is still in a uptrend/downtrend since only a firm breach of the tunnel signals weakening trend.

I'd be happy to let anyone have images/indicators

Rgds to all
Jerry
  • #291
  • Feb 13, 2011 7:40pm Feb 13, 2011 7:40pm
Here is a good resource of performance of trend following system.

Attached File(s)
File Type: pdf Trend following - Jose Cruset.pdf   925 KB | 2,877 downloads
  • #292
  • Feb 19, 2011 6:48pm Feb 19, 2011 6:48pm
Quoting trzcinek
Micardo,

Coming back to this great webinar, I must say I really liked the way you increase the size of ongoing positions, would you agree to explain it to us a little bit more in detail ? what are the criteria, how do you time your entry ? etc.

It would be nice also to learn more about the exit strategy, maybe you have already been talking about that but i missed this part.

BTW, I think we should also say thank you to Daniel who has organized this great webinar session last Sunday ... looking forward for the next one !

I have an impression...

Hi,

Sorry for the late replys. I didn't even realize that this thread had been moved :-)

With regards to adding to positions it really is quite simple. If I am in a position and I get another entry according to the rules I will enter and then bring all of the previously opened positions stops up to the newest stop level defined by the most recent position.

So I will continue to add until I get stopped out of all positions.

Does that make sense?

Please let me know if you have any further questions.

Thanks
  • #293
  • Feb 19, 2011 6:49pm Feb 19, 2011 6:49pm
Quoting clc4x
Here is a good resource of performance of trend following system.

Attachment

Excellent document, thank you very much!
  • #294
  • Feb 20, 2011 5:22am Feb 20, 2011 5:22am
Quoting jmtini
Hi all

I've been reading through the thread and find the posts very helpful. Just wanted to add my 5 cents worth!
I always use vegas and FF tunnels - especially on lower time frames when you are maybe looking for ideal entry or re-entry levels (especially in faster up or down trends). The tunnel helps to re-assure (maybe a psychological crutch!) since when the price often breaches a single MA you could be scared to close out a trade. The tunnels also re-assure that price is still in a uptrend/downtrend since only a firm breach of the tunnel signals...
First off : thank you or the great thread. However, for me it was exactly this aspect of breaching a single MA ( mostly using 55 EMA, 100, 200 EMA ), that made me close out prematurely. It is then quite difficult to re-enter at good price.

I would be happy to have a visual aid like tunnels, channels etc. I`ve tried my luck with Bollinger bands, Keltner or Donchian channels etc.

Please post them if the thread originator and/or others agree. As long as its not a modified vegas thread then,.... we should keep to the general intention of this thread.

Thank you.



Michael
Be like water.
  • #295
  • Feb 20, 2011 4:17pm Feb 20, 2011 4:17pm
OK

Have a look at the attached images

On 1 hour chart you're looking at around 200 pips

On 4hr around 500 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd 1 hr.gif Size: 35 KB
Click to Enlarge Name: eurusd 4 hr.gif Size: 31 KB
  • #296
  • Feb 21, 2011 1:57am Feb 21, 2011 1:57am
Plenty of spaghetti on your screen .. how does it work ? ;-)


Quoting jmtini
OK

Have a look at the attached images

On 1 hour chart you're looking at around 200 pips

On 4hr around 500 pips
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #297
  • Feb 21, 2011 1:59am Feb 21, 2011 1:59am
It is very clear Micardo and it does reallly make sens. Thanks. I will give it a try :-)


Quoting Micardo
Hi,

Sorry for the late replys. I didn't even realize that this thread had been moved :-)

With regards to adding to positions it really is quite simple. If I am in a position and I get another entry according to the rules I will enter and then bring all of the previously opened positions stops up to the newest stop level defined by the most recent position.

So I will continue to add until I get stopped out of all positions.

Does that make sense?

Please let me know if you have any further questions.

Thanks
"A goal without a plan is just a wish" - Antoine de Saint-Exupery
  • #298
  • Mar 4, 2011 2:20pm Mar 4, 2011 2:20pm
Quoting brenzaj42
When you trade long term trends, you get used to having positions open for days, weeks, or even months. It is just part of the deal. I only use 100 pips stop losses and most trades go for anywhere between 500-1500 pips. Also, if one knows how to use parallel and inverse analysis, it gives you confidence on taking the trade. Personally, I sit down at my computer everyday at 6pm est and only spend about 10-20 minutes everyday.
If anyone is interested in parallel and inverse analysis click on this link and you will find an good explanation there.

http://knol.google.com/k/parallel-an...he-spot-forex#

Persistence overcome resistance!
  • #299
  • Mar 4, 2011 2:45pm Mar 4, 2011 2:45pm
Well this thread got off to great start, but now, appears to have died.

Is Micardo using only webinars now ? or is there a chat room some where ?
  • #300
  • Mar 6, 2011 2:42pm Mar 6, 2011 2:42pm
Hi Four Kids,

I am sorry I haven't been around, I have been extremely busy with my own trading and just haven't had the time to contribute. Thus I have also been unable to hold any webinars.

I will try to be more active as we go forward but cannot promise daily poastings :-).

Working forward, how has everyone trading been going?

I look forward to hearing from you all soon.

Thanks

Micardo
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