Eurusd-5m Trading Only

Trade still in progress as per trend logics

best exit would be trend line exit but may be closed on reverse logic that is 2 pips below the lower envelop

Loss is well defined in this system that is envelop width but with larger potential
so if proper MM is followed, this could very profitable
the trade duration can be from 5 M to 5 Days. so beauty is lowest TF, lowest risk but trades can go for short term swings/trends

entry is clearly defined and exits are clearly defined with single line rules

the only problem with this system is that in case of larger move and price is far away from envelops, then before exits it gives back considerable portion of winning trade.
i have not been able to find any solution to this issue, however i go for trend line exits sometimes but they are discretionay indicators
if some body has any novel idea towards solution, please here for all of us
so exit at better price is issue at the moment

trade still working

may be a possible trend line exit or one can wait for closing logic

see this

trade still intact, could not give exit signal

it seems that idea has not been well received by traders

i trade off the 5 minutes too

cool thread man..just keep going

do you trade trends or swings

trade still in process, could not cross trend line

agressive exit of trendline still intact but conservative system exit is far away. the price is heading up with smooth angle, there is possibilty that if it continues upward with almost same angle then moving average may soon join the price unless sudden shocking move on downside and trade taken out

another option is to exit half at agrresive exit and half at conservative exit and wait in between for more out come

the main idea behind this whole exercise that one should never try to predict the market next move instead one should manage as per system rules and guidance
Jhon Pipper said and i quote
"The analysis is for the system not for the market" and that is ultimate a professional can advise

Please Read

so far 2 lossess in a row

i have named this system as
EU-5M-NPT

in this system you do not need to analyse the price, news, price patterns, candlesticks or any such superfluous thing, which i think can not be predicted.
it is just following the rules, however there could be as many bright ideas as they could be in MM area
there could be slight parameters changes, if some bright idea comes, but at present this system has an edge