This is a work in progress if you decide to trade it do so on demo! If you do trade live do NOT complain to me about short term losses! This system is based on the fact that every trader has losses with that in mind the profits should be larger than all the small losses combined!!!
Keep it as simple as possible! This is a motto of mine and it should be one of yours.
Account Challenge
1. Keep depositing till $1,000.
2. At that point only trade to grow the account two fold.
3. Trade all the setups from now till goal 2.
4. After all that who knows I hope to meet these goals within the year 2012.
5. Have fun!
Here you can find my BuFu Trend Trading Journal
BUFU Trend Following System
236 CCI:
This is based on harmonics and Fibonacci. It matches vary well with the natural cycles of the market. Also note below I use a double CCI and set both CCI settings to 236 it works the same as a regular CCI I just needed the 0 cross alert.
Heiken Ashi Smoothed (HAS)
HAS settings as follows:
MaMetod - 1
MaPeriod - 333
MaMetod2 -1
MaPeriod2 -1
Multi Time Frame HAS (same settings as above):
Only trade in sync with the daily HAS.
BuFu Trend Signals Indicator - (Not all in one anymore still need to check daily HAS)
EasyRyder was kind enough to make a all in one indicator for this system called BUFU_Trend_Signals. This simplifies the process to waiting for a signal and entering a trade. Awesome job bro!
Note: This indicator needs the Heiken Ashi Smoothed linked below to work properly.
Trading:
30M or 1H charts only take trades when HAS, 236 CCI and Daily HAS agree.
Example Trade
1. Daily HAS green, CCI 236 green, HAS turns green enter at candle close.
Click For Visual Example
Take Profit and Stops
Manual trailing - This is up to you and dependent on how much you decide to risk per trade.
Peace
Keep it as simple as possible! This is a motto of mine and it should be one of yours.
Account Challenge
1. Keep depositing till $1,000.
2. At that point only trade to grow the account two fold.
3. Trade all the setups from now till goal 2.
4. After all that who knows I hope to meet these goals within the year 2012.
5. Have fun!
Here you can find my BuFu Trend Trading Journal
BUFU Trend Following System
236 CCI:
This is based on harmonics and Fibonacci. It matches vary well with the natural cycles of the market. Also note below I use a double CCI and set both CCI settings to 236 it works the same as a regular CCI I just needed the 0 cross alert.
Heiken Ashi Smoothed (HAS)
HAS settings as follows:
MaMetod - 1
MaPeriod - 333
MaMetod2 -1
MaPeriod2 -1
Multi Time Frame HAS (same settings as above):
Only trade in sync with the daily HAS.
BuFu Trend Signals Indicator - (Not all in one anymore still need to check daily HAS)
EasyRyder was kind enough to make a all in one indicator for this system called BUFU_Trend_Signals. This simplifies the process to waiting for a signal and entering a trade. Awesome job bro!
Note: This indicator needs the Heiken Ashi Smoothed linked below to work properly.
Trading:
30M or 1H charts only take trades when HAS, 236 CCI and Daily HAS agree.
Example Trade
1. Daily HAS green, CCI 236 green, HAS turns green enter at candle close.
Click For Visual Example
Take Profit and Stops
Manual trailing - This is up to you and dependent on how much you decide to risk per trade.
Peace
