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Flying buddah pattern

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  • Last Post: Nov 28, 2012 7:54pm Nov 28, 2012 7:54pm
  •  dafox1
  • | Joined May 2012 | Status: Member | 252 Posts
Quoting aeron_1025
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Hi dafox1,

It is good to see you keep your trading journal and updates here!
By the way, the pdf file cannot be opened, as the file is damaged.
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Interesting... I can still open it on my computer. I'll upload it again...

As far as my trading goes, I have not let the trades run like I wanted to...
I am still working on this mental side of the strategy.

I've attached charts below to include EJ, GJ, GU, EU with the flying buddah strategy D1. Sequential order.
I am thinking that based on the charts, I should have some kind of trailing stoploss to lock in profits for long trades and take out bad trades. This may help me be less concerned about the trade reversing... I also am thinking about the stacking idea mentioned earlier... maybe on a lower timeframe or just every so many pips. I have simulate traded the strategy before and I know that it is successful with just one position, but with multiple positions, it is exponentially more profitable... Idk if one could actually make a living with this trading method, especially with a smaller account.

Just my thoughts on my little trading journey.
Attached Image(s) (click to enlarge)
Click to Enlarge

Name: EJ28NOV12.PNG
Size: 73 KB
Click to Enlarge

Name: GJ28NOV12.PNG
Size: 48 KB
Click to Enlarge

Name: gu28nov12.PNG
Size: 71 KB
Click to Enlarge

Name: eu28nov12.PNG
Size: 74 KB
Attached File(s)
File Type: pdf Flying Buddha trading system-1.pdf   183 KB | 769 downloads
 
 
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