tradewith60
How to flow with the order flow? 26 replies
The Weekly Flow by The Ten Year Plan Man... 48 replies
Weekly Trend/Transition Flow 21 replies
Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies
DislikedIf the weekly is trending down and you keep selling the high of the week or high of the day and then wait, you will make money. You will have drawdowns and you will only have about 30% of your entries survive... and you will have very big wins far bigger than ANY day trading strategy... This is why the most successful fund managers as long as there has been trading Trend trade.Ignored
Disliked{quote} HI BRO, NICE TO SEE LONG TERM TREND TRADING,I TRYED TRADING SHORT TIME FRAMS AS 15 MIN AND 5 MIN ,ONE DAY IN PROFIT ,FOUR DAYS IN MOSTLY IN LOSS,I WILL TRY THIS SYSTEM FORM NOW ON ,THANKS FOR SHARING WITH US THIS SIMPLE BUT EFFECTIVE TREND TRADING SYSTEM,ONE DOUBT WILL YOU TRAIL YOUR STOP ON THE SECOND RUNNING POSITION OR DONT MOVE STOP,R U STILL USE 5O SMA AS 100 EMA ON DAILY.SORRY FOR MY ENGLISHIgnored
Disliked{quote} thanks for your reply,do you still use 50 sma or 100 ema on daily chartIgnored
Disliked{quote} I am using the 100ema on daily. Now the decision relies a lot on how long you want to stack your positions. If you only want to build stacks of 4-5 positions then TP the 50 will probably be better. I personally am looking for the 7-10 stacks or more. The 100 will often keep you in one direction all year and the drawdowns are longer and deeper, but, the rewards are also bigger.....Ignored
Disliked60Minuteman, thanks for the system. What ema do you have on the EA chart. ThanksIgnored
Disliked{quote} Im using the 100ema on DAILY - so thats the 600ema on H4... glad you like it, Trend trading is the way!Ignored
Disliked{quote} Great! Was wondering too the value of ema there. Thanks for the system, 60minuteman. I really like it . BTW, how did your screen name come about, if I may ask? Have a great weekend.Ignored
DislikedHi 60mm. I know you mentioned you do not want this thread to be a thread for explaining this strategy, but more as a journal for your trades. Is there somewhere else - blog, video, thread or something where you have explained this strategy clearly? I am still not clear on a few things. ThanksIgnored
Disliked{quote} Not really Dan... but i'm happy to explain some stuff if you like..what part do you need clarifying?Ignored