Tiger trend trading -long term position trading

fx morgue!!

so did you get in?

everything is just dead.

lets see...
finally GOT IN!!
LOL

there might be "all exit" on the daily charts for
audusd, eurusd, gbpjpy, eurjpy..
seems like a trend change..
i am patiently waiting for the signal change so..i can exit the 2nd unit!!
OR..maybe it could be just a strong retracement..who knows??

i will be looking at oppurtunities to start stacking
on eurnzd and gbpnzd..
seems like they have a strong downward momentum on the daily
by the way the MA crosses have occurred.

Hi Supercat,

Your method does work with the TF 4H period ?

As I work, I can not use the period 15 min.

Sorry for my english.

Mike

PS : great tread

UNFORTUNATELY..
you will have very few entries(but they are accurate ones)...
and the chances for scaling in are few or sometimes none..


you could try entering on 1 hr and use daily chart as the trend base chart
or..

try entering on 4hr and use the weekly chart for trend analysis...you would do
a killing..you will have a mountain of pips when you consider the complete exits during a trend change..
again..its not easy..because you are leaving the orders open for months and sometimes a year or 2..
that one trend will make you pips like crazy!!!

again..if that suits you..you should go for it..
there are a 1000 ways to trade..find the one that fits your profile.

thanks for joining in..

actually, Mike..

I think, I would like to try and forward test a working man's
weekly trend trading with 4 hr entries
(high sl..but thats ok..because the entries are fewer)

let me try and see the potential on a few pairs..
i will keep you posted on the results/backtests etc.

thanks,
manny

I already have 2 positions..
in the running ..lets see..
how it goes.

Nice thread. I've also been trading Graeme's style for a while now and its absolutely the best way to trade in my opinion. I'm subscribed, I look forward to hearing more about your entry method.

Thank you

I think Graeme has inspired a lot of traders here..
and I agree with you..
the power of scaling in and letting the profits run..
is the best method in trading.

thanks,
manny

could possibly..be exiting all sell positions..
on audusd..
i am waiting..
because the candle crossed the MA..
i AM JUST WAITING FOR THE ARROW TO APPEAR!!

look at the strength on the downtrend in the daily chart..
seems like its the beginning of the freight train's departure!!

a downtrend on the daily...
and seems like the sellers are pushing the candle down wards(although..it hasn't closed yet!!)

anyways..i am waiting for a signal to enter.

just now...

showing my sell entries
i am scalin in..

Hi Mann
With you on all those entrys, although I work during the day so can only trade of an evening.
Geoff

maybe you could try just trading the latter half of NY and some of the Tokyo session...although these seem REALLY slow..you will always have entries..
just follow the rules..rinse and repeat..
take the losses and try to be mechanical..the wins will come!!

its difficult..but, i just try not to analyze my losses..because
i followed the rules..

or as i explained in one of the earlier posts..
you could try entering on the 4hr charts and watch the trend on the weekly..
its very long term..but there is a lot of pips because of the FX trends.

Thanks Manny
Will carry on as I am and see what happens, quite a few trades trades do pop up during later part of US session.

Geoff