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Trend Trading All Pairs

  • #11,441
  • Jul 23, 2012 8:03pm Jul 23, 2012 8:03pm
Quoting NightMoves
Yep it takes a lot of screen time and practive to get used to reading the charts. Longer time frames give you the big picture. And those set the stage for your game plan. Then put the plan of attack in place when the mariket tells you too and your good to go...usually...LOL

Sometimes the market will throw you a curve but hey thats trading and as long as your prepared to take a a couple strikes before the home run pitch then you should be good to go.

--NM
NIGHTMOVES, THANK YOU FOR THIS THREAD !! You are the Tyler Derden (Fightclub) of the Forex Factory.

Hector traders rise again !!!!
  • #11,442
  • Jul 23, 2012 8:06pm Jul 23, 2012 8:06pm
Quoting shomari
You're wrong. At the time those trades WERE posted before they triggered. I used to watch them everyday, he just stopped doing it. We used to watch him live back in 2007 at his old website www.hectortrader.com . He used to start just before london open and he'd break down the trades, and why he was taking them. Then he'd come back and update the chart and analyse it from the point the trades were at the time. He just stopped doing that one day and moved his new site to www.tradinglive.com....
Even thoug the method that Hector uses is not new, there are some key points that he makes. Like I have sid before this method of trading does work. Is it bullt proof ..No. No method is, but once you get used to it, you can see the trends you can see the signals and you know what becomes high and low risk and from there you start making money.

You can determine a good trend to trade from a risky trend to trade. Even though it may be trending does not mean its not really risky, so you need to learn to seperate those trends from the low risk trends, and know when a low risk trend trade is beginning to tuen into a higher risk because the trend may beginning to weaken.

--NM
  • #11,443
  • Edited Jul 24, 2012 2:39am Jul 23, 2012 8:08pm | Edited Jul 24, 2012 2:39am
Quoting Supertrader9
When i was a newbie I still remember i was excited everytime i hear him speaks. He has this accent/charisma which made me stay to listen.

Owh the old days....
My favorite is when he'd show a short position drop, he'd go "we have the reversal pattern and ......BAAAAANNGG!!1 lookat all of those lovely pips !!!" (pips pronounced peeps by Hector)

Everytime I make a trade short I say that to myself in my head "we have the breakout,the pullback, and then BAAAAAANG Look at all of those lovely peeps!!"
  • #11,444
  • Jul 23, 2012 8:24pm Jul 23, 2012 8:24pm
Quoting NightMoves
Well momentum trades are usually short lived trades. Kind of trading the news, I do not trade the news for obvious reasons the volatility is just not my style of trading. I would rather find a good trend and ride it.

However its still based off of support and resistance and thats how trading is done unless you use some indicator that tells when to trade but then again we all know how well those work over a period of time.

The method I use is based off trends and entries and exits are based off support and resistance.

Also looking for reversal...
NM, by momentum I mean long term along the trend momentum, not a short term momentum.
  • #11,445
  • Jul 23, 2012 8:25pm Jul 23, 2012 8:25pm
Quoting shomari
NIGHTMOVES, THANK YOU FOR THIS THREAD !! You are the Tyler Derden (Fightclub) of the Forex Factory.

Hector traders rise again !!!!
hahaha I am glad it s all working good for you. I am not sure how many of the folks are left out here that we had because I have just not had to time to post trades like I was doing before but hopefully I can get back into that aspect of it.

--NM
  • #11,446
  • Jul 23, 2012 8:27pm Jul 23, 2012 8:27pm
Quoting Holy Cow
NM, by momentum I mean long term along the trend momentum, not a short term momentum.
Oh ok I misunderstood what you were saying.
  • #11,447
  • Jul 23, 2012 8:32pm Jul 23, 2012 8:32pm
Quoting NightMoves
Even thoug the method that Hector uses is not new, there are some key points that he makes. Like I have sid before this method of trading does work. Is it bullt proof ..No. No method is, but once you get used to it, you can see the trends you can see the signals and you know what becomes high and low risk and from there you start making money.

You can determine a good trend to trade from a risky trend to trade. Even though it may be trending does not mean its not really risky, so you need to learn to seperate those trends from the low risk trends,...
I agree completely !! Nothing is better for a trader than good old fashioned SCREEN TIME. When I show my friends my charts (the non traders) I like to point at a couple and say things like "watch in a couple of hours price is gonna do this or that". then when we get back home I'm like "See, what I tell ya?". It's hilarious, they're like how did you know? Like I did some magic trick or something.
You are 1000% correct !! Once you get used to it, it's a piece of cake. That's I'm telling everyone DOWNLOAD THE HECTOR VIDEOS AND WATCH THEM. Your screen time will be advanced and your eyes adjusted quicker cause you'll see these trades in rapid succession.
  • #11,448
  • Edited 9:08pm Jul 23, 2012 8:46pm | Edited 9:08pm
Quoting NightMoves
hahaha I am glad it s all working good for you. I am not sure how many of the folks are left out here that we had because I have just not had to time to post trades like I was doing before but hopefully I can get back into that aspect of it.

--NM
Well other than CUSTOS everyone is pretty new and highly skilled, or on their way to being that way. If you check out the posts for the last three months, this thread has take off again and people are posting charts BEFORE the trades, and ALOT OF PIPS are being banked !!!

We're talking 600 - 1200 pip weeks on a regular basis !!

I SUGGEST TO ALL THE NEW GUYS WHO CAME RECENTLY (supertrader9, Forexknight, zusch, ) READ THIS THREAD FROM THE BEGINNING, BUT ESPECIALLY READ THE LAST 3 MONTHS WORTH OF POSTS. DOWNLOAD THE TEMPLATES AND INDICATORS, GO TO THE WEBSITES GIVEN AND WELCOME. LET'S MAKE SOME LOOT !!!

BTW: Start reading from post 10703. Why ? Cause I posted it lol. Seriously though, after that it's a barrage of info and a whole set of new guys are here and we all speak the same "language" and stack fat bread. We don't fuck around, the market is our bitch !!! LOL !!!
  • #11,449
  • Jul 23, 2012 8:51pm Jul 23, 2012 8:51pm
THIS COULD BE WILD !!!
  • #11,450
  • Jul 23, 2012 8:54pm Jul 23, 2012 8:54pm
Quoting shomari
I agree completely !! Nothing is better for a trader than good old fashioned SCREEN TIME. When I show my friends my charts (the non traders) I like to point at a couple and say things like "watch in a couple of hours price is gonna do this or that". then when we get back home I'm like "See, what I tell ya?". It's hilarious, they're like how did you know? Like I did some magic trick or something.
You are 1000% correct !! Once you get used to it, it's a piece of cake. That's I'm telling everyone DOWNLOAD THE HECTOR VIDEOS AND WATCH THEM. Your...
Screen time makes a bg difference, Hector has a good method, The key is learn a method regardless of the method used as long as it has proved itself out to be worthy, and stick with it learn it inside and out, backwards and forwards, then you can start playing with it to match the style you trade.

My self I trade many different patterns but all those patterns have something in common...they happen in specific areas in the chart, because they can show up anywhere. I pretty much ignore the rest

And then I still need more confirmation before I take the trade. So I look for not only a pattern in the speicific area but I look for several things to come together at the same in the same area. And it all has to happen in a trending market, so am I picky...yes I am, but its my money and the market needs to do what I want it to do when I want it to or else it wont see my money...lol

--NM
  • #11,451
  • Jul 23, 2012 9:00pm Jul 23, 2012 9:00pm
Quoting shomari
Well other than CUSTOS everyone is pretty new and highly skilled, or on their way to being that way. If you check out the posts for the last three months, this thread has take off again and people are posting charts BEFORE the trades, and ALOT OF PIPS are being banked !!!

We're talking 600 - 1200 pip weeks on a regular basis !!

I SUGGEST TO ALL THE NEW GUYS WHO CAME RECENTLY (supertrader9, Forexknight, zusch, ) READ THIS THREAD FROM THE BEGINNING, BUT ESPECIALLY [b]READ THE LAST 3 MONTHS WORTH OF POSTS. DOWNLOAD THE TEMPLATES AND INDICATORS,...
I am not sure what happened with you and Custos, I have not talked to him awhile but he is a very good trader and has helped a lot of new traders this forum. As we all have.

Again though everyone has their own way of trading and I have mine and other out there have theirs the real purpose of the thread is to make money trading trends and I can say we have talen a lot of pips on the this thread and sounds like you guys are scarfing them up too, so I say lets get as many of those as we can get.

A boat load of pips is very nice and if we need another boat then I will get one ...Hahaha

--NM
  • #11,452
  • Jul 23, 2012 9:10pm Jul 23, 2012 9:10pm
Quoting NightMoves
Screen time makes a bg difference, Hector has a good method, The key is learn a method regardless of the method used as long as it has proved itself out to be worthy, and stick with it learn it inside and out, backwards and forwards, then you can start playing with it to match the style you trade.

My self I trade many different patterns but all those patterns have something in common...they happen in specific areas in the chart, because they can show up anywhere. I pretty much ignore the rest

And then I still need more confirmation before...
reversal patterns at areas of confluence. Doesn't get any more fundamental than that.
  • #11,453
  • Jul 23, 2012 11:41pm Jul 23, 2012 11:41pm
Heres an EA trade I took a little while ago. Setup is based off the 4 hour time frame. we will see how it goes.

--NM
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  • #11,454
  • Jul 24, 2012 1:49am Jul 24, 2012 1:49am
Some traders like to advertise about some books or people cause of this or that !!!!! so i don't wanna discuss about those things but show sth during the weeks, Months to show you , you know sth about market not just try to lob lob about others and other site analysis, as i have told you before i like to share my idea and market conception ( i read 90% system , strategy, fully familiar with all indicators,...) they are just bullshit story to charm some new traders to sell sth to them.
So try to focus on market and teach me sth new (of course if you are so kind !!) the aim of these kind of sites." to all who seem they wanna say sth", and those who just want to chat and correspond some ideas between themselves better to go Skype or PM or Emails.I'm afraid to say but i put those who distract me from Market in my Black List and any more reply for good.
Have a nice week
Kami
Don’t follow someone else’s trading advice blindly
  • #11,455
  • Jul 24, 2012 2:16am Jul 24, 2012 2:16am

USDCHF
It is in the tight range between o.9924 and 0.99 very close to H4 Support 0.98934.
I guess if the 0.9950 dosen’t break it goes toward 50% or even 61.8% Fibo level.
Wait till Market News.
Nice Day
Kami
Attached Image
Don’t follow someone else’s trading advice blindly
  • #11,456
  • Jul 24, 2012 2:31am Jul 24, 2012 2:31am
Quoting NightMoves
Heres an EA trade I took a little while ago. Setup is based off the 4 hour time frame. we will see how it goes.

--NM
I like the setup of this trade but i missed it. too early for me. There will be plenty more to come.
A nice 123 pattern and break of the retracement trendline. which is a big plus in hectors books.

--FK
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i am a nobody
  • #11,457
  • Jul 24, 2012 2:41am Jul 24, 2012 2:41am
added 2 more shorts: aud/jpy and nzd/cad. stops are pretty tight. I use ATR for stops now to have better r:r. good trade most often will go straight into profit and won't come back in case of bad one, I always can reenter.
some day trading today too:

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got 2:1 on this one after BE.
  • #11,458
  • Jul 24, 2012 4:05am Jul 24, 2012 4:05am
flat bottom triangle forning on gold the weekly charts.
weve been in a nice strong uptrend for the past few years.
on the Mn charts orice is retracing to the 30 and 50 sma.
Gold wants to go to 2000 major level. so i think there will be a an top breakout.
Be ready to make major pips there. those kinda pips will set you up for life.
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i am a nobody
  • #11,459
  • Jul 24, 2012 4:13am Jul 24, 2012 4:13am
Quoting Holy Cow
added 2 more shorts: aud/jpy and nzd/cad. stops are pretty tight. I use ATR for stops now to have better r:r. good trade most often will go straight into profit and won't come back in case of bad one, I always can reenter.
some day trading today too:

Attachment

got 2:1 on this one after BE.
Aj had a fakeout rather than a breakout.
Its so important to wait for a pullback and then conitunation first rather than just entering on a breakout immediately
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i am a nobody
  • #11,460
  • Jul 24, 2012 4:28am Jul 24, 2012 4:28am
Hi Guys

Just want to say thanks to everyone on this thread. As you can see I am new to this thread but have been following you guys for a while now. So far you guys give great advice and looks like I will be taking some of it. Starting Hector's course so I have a lot to learn. But I am sure that staying in touch on this thread will speed my learning curve up alot.

Sharn
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