Trend Runner

Trade Update (1PM PST Candle)

Short AUD/USD @ 0.97410. Current Stop @ 0.98410

Long EUR/JPY @ 132.483. Current Stop @ 131.483.

EUR/USD - NOTHING

GBP/JPY - NOTHING - Price has to break major resistance @ the 156.70 area.

Short GBP/USD @ 1.52398. Current Stop @ 1.52318. +8 Secured.

Long USD/CAD @ 1.02222. Current Stop @ 1.02312. +9 Secured

USD/CHF - NOTHING - My resistance vanished. Oh well. Better safe then sorry.

Long USD/JPY @ 102.322. Current Stop @ 102.422. +10 Secured.

Gold - NOTHING

-ILZ

Hey all,

Rough week. Majority of realized gains is from long held positions.

For the week I realized 374.8 pips which equals 7.496% return.

I currently have 27 pips or 0.54% secure for next week.

Have a good weekend everyone.

-ILZ

ILZ, if candle is < then 30 pips away, but(as an example) next or second next candle closed > then 30 from the the same R/S, do you enter a trade or wait for breakout of this R/S to see what next trade will do?

Hello ILZ,

Do you look at candles only every four hours: At the 1AMPST, 5AMPST, 9AMPST ... Or do you look OANDA more often??
That seems to me important to know, on the psychological plan and that of the stress that it engenders.
Because if we often look at the platform, we can tend to do stupid things.
In particular: do not respect rules.
Grace in your method, I was successful last week (thank you!), but I often stayed in front of the platform, what brought me to cut positions too early

Thanks

Best regards

Oya

ILZ, I know some exits are, as an example for longs...

PA crosses and closes above SuperTrend
PA crosses and closes above 200 SMA

but just to confirm, when PA crosses R/S Stop, you do not waitfor candle to close above R/S to get stop out?

It is a straight cross, correct?

Hi ILZ,

Missing your post today.

Hi ILZ,

Hope all is well, I was away yesterday

Got stopped out of gbpusd,audusd , nzdusd

I am still in the euro short and usdcad long .

this is painfull ,started late today and missed the cable short but on my system price hadnt closed below supertrend .

you have had some nice returns last week, i am still not trading 2% but will start from june fingers crossed.

Well done for last week

hey all,

Keep trading and chatting. I will be out of touch for several days. I will try and answer all unanswered questions when I get back. Help each out!

-ILZ

Hello ILZ,
soon!
we miss you!

Best regards

Oya

hi friends new to this system, it looks great logic and seems to be working also , hope to get ful support and will also put efforts to help as much i know...
system looks promising and lets do the best

looking to sell near that white arrow 0.81130
looks good
any comment or help on that chart

Hi yogesheena
Where would you place the stop?
Thanks!

the resistance which almost above 70 pips

thats what ifeel lets see

Hi All

Ilz's rules will say price has to close below that support on a 4 hour chart , or you could be aggresive and take break of that support , but thats higher risk , or wait for 1 hour candle close

but if you go by his system its for sure close of candle below support

stop has to be 0.81891 + 3 pips or 100pips whatever is closer

got it will wait for the bar to close below the support and next bar will go for the short
cool thanks

Hi All,

I hope nobody got caught out in the spike, lucky for me I didnt, I took the risk of not moving stops and left then above barry resistance.

will post entries

Hi ILZ

sometimes there is no support/resistance , but price has moved like fast and far(parabolic move) and we are hitting major support i.e monthly and weekly support do you hold or take profits . I have been holding my trades, but had some srious pullbacks back to resistance which was old support , most pullbacks on most pairs have been huge.

Any advice , or just accept this as part of the system , I know too much optimization might get us into big problems