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Scalping/Trading the TrendWay

  • #101
  • Mar 13, 2009 1:26pm Mar 13, 2009 1:26pm
Quoting MultiSync352
I'm using trend too.
hii...
how can i get scalper_champ_v4 ea? can u share it plz?
thanks
  • #102
  • Mar 14, 2009 1:23am Mar 14, 2009 1:23am
don't you use a closed candle as a confirmation?
just the 5 pip thing?
  • #103
  • Mar 15, 2009 11:13am Mar 15, 2009 11:13am
i use it with modifications. the 10 EMA and the 20 EMA must be crossing at or close to the trendline break. and the the trendline must be at least 12-16 candles long. plus i use it on the 15 min time frame using the 4 hr.time frame to establish main trend.

it delivers big pips like i said earlier. no other indicators necessary.

peace

Quoting Django
I have just come accross this thread and i have to say it looks pretty good keeping it simple with this style of trading. Given the infrequency with which people post to this thread i have to wonder whether the 'indicator brainwashers' have done their worst!!

Is anybody using this style in the current market with real success, results would be good to hear?

Look after yourselves,
Django
  • #104
  • Nov 15, 2009 11:08pm Nov 15, 2009 11:08pm
Hi Marci, I am a fan of yours even though this is my first post on forex factory. I am new to forex trading and have used some EAs. Came here to find a good trading style and found yours. I have looked at many diffrent ones but like the simplicity of yours the best. So far I have had modest gains do mostly to my inexperience. If you ever decide to come out with your pricehawk ea will you post it here? Thanks
  • #105
  • Nov 16, 2009 5:56pm Nov 16, 2009 5:56pm
Yes Marci, price action is the best way and a TL breakout confirmed by your ema10 is a good idea to avoid some false signal.
Do not let this interesting thread please.
  • #106
  • Jun 19, 2011 4:20pm Jun 19, 2011 4:20pm
I wonder if GirlFlyer still trades this system because this is a very good way to trade ...
  • #107
  • Jun 21, 2011 6:27pm Jun 21, 2011 6:27pm
Just read this thread from start to finish and was so impresed read it again. Wow! this is amazingly simple way to trade and it appears to work!

I've only been testing it out on my dummy account but very impressed. Is there any chance Girlflyer will make a comeback and resurrect this amazing thread?

I hope so as I would love to know more.

If you're still out there please call in, but if not then thanks for such a great trading method. I love it!!
Feel the Fear and do it anyway!!!
  • #108
  • Jun 29, 2011 5:50am Jun 29, 2011 5:50am
I came across this thread like you last week. But need some help customising my template. pls reply if you can help, i think it is a great way to trade
  • #109
  • Jul 1, 2011 9:02am Jul 1, 2011 9:02am
Quoting Chris007
I came across this thread like you last week. But need some help customising my template. pls reply if you can help, i think it is a great way to trade
Hi Chris007

007??? Do you work for the secret service?
No please don't tell me, as then you will have to kill me!!!!

But seriously if I can be of any help let me know but remember I have only just started using this system myself. I think the secret to it is to always trade with the trend above either 30min or 1hr. In fact right now I am trying to only trade when the 3 trends above the 5min have the same trend eg 1hr, 30min & 15min, helps to avoid any ranging.

I hold my trades as long as possible exiting as Girlflyer suggested when the trendline I'm trading breaks back.

Sorry to say can't really help with template as I trade with FXCM's Marketscope charting package. But I have added a CCI to show me clearly the trend and a stochastic to look for divergence to help identify pending reversals. Other than that same as Girlflyer.

That being said would love to exchange ideas and discuss further how to make the best use of this system.

All the best Clive
Feel the Fear and do it anyway!!!
  • #110
  • Jul 7, 2011 9:36am Jul 7, 2011 9:36am
Hi,
Can anyone having sucess with this method post some pictures for us to review n all.
  • #111
  • Jul 8, 2011 12:02am Jul 8, 2011 12:02am
Hi guys,

I'm going to be forward testing this system manually on the Daily Time Frame by setting Buy Stops and Sell Stops once a day before London open. I'll keep you all posted on my results.

-CC
Enter Signature
  • #112
  • Jul 12, 2011 3:02pm Jul 12, 2011 3:02pm
Quoting CrucialCraig
Hi guys,

I'm going to be forward testing this system manually on the Daily Time Frame by setting Buy Stops and Sell Stops once a day before London open. I'll keep you all posted on my results.

-CC
After a total of 8 trades since I last posted, 5 trades have reach TP, 2 have reached SL, and 1 is in profit right now.

I have also added a filter to ensure we are only trading with the long term trend, but I will share that if the system continues to show promise.

Total profit is around 850 pips right now. This is in less than 1 week. Obviously these have been some good days for this system as there has been some good movement, and these type of results are surely not sustainable. but I am going to trade this system for another week or so and then I will consider opening my own thread as this one seems to be all but dead.

I'd also like to point out that there were a ton of setups the first day (Thursday evening PST), only a couple the 2nd day (Sunday evening PST) and none the 3rd day(Monday evening PST).

Thanks,

-CC
Enter Signature
  • #113
  • Jul 14, 2011 7:56am Jul 14, 2011 7:56am
Hi Crucialcraig,

I'm very impressed with your results but don't understand how you are testing it?
How can you test it on a Daily timeframe over such a short period basically 4 days? It doesn't appear long enough to me for the trendlines to establish themselves or are you just entering each evening after the daily close if the trendline is broken? How many pairs are you testing and which are they? Also 850 pips profit is amazing, how big are your stops for that reward?


Could you explain more please?

Hope you don't mind my questions I'm not doubting you just a bit confused? Its probably me, I am fairly new to forex trading.

Also if you are just end of day trading this method it seems too good to be true. I can save myself a lot of screen time if I can do it once a day1 LOL.

Would love to discuss further, are you on skype?

Look forward to hearing more.
All the best Clive
Feel the Fear and do it anyway!!!
  • #114
  • Last Post: Jul 14, 2011 11:14am Jul 14, 2011 11:14am
Quoting Bolt
The idea profit factor based on stop ratio is just a load of crap. It has nothing to do with stop versus tp's its down to probabilities. In the smaller time frames of forex because in these time frame intraday the market is 100% chaotic.
Im rarely posting in this forum but, man, u're really know what u're talking about. This is 1 of the reason newbies still keep on losing in this game.
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