Trend Trading at its simplest!

I wanted to share this system I have developed with the help of the THV thread. I had a similar thread in another area (not the systems) but this is more of a system so I think it will be able to help some more people. So, here it is.

Most of what I will show will be taught through pictures as I am a visual learner but I want to share what I am doing and have found works ever better than the last thread here.

1. Trade with the trend
2. Enter trade at recent support/resistance
3. Identify overbought and oversold conditions
4. Enter at a reasonable price, after markets appear to have started to reverse

The idea first of all is to find a trend. We are trading the trend. IN order to have a buy signal, we must have in place a buying market. In other words, higher highs and higher lows. (with moving averages moving up and the "trend moving average" MUST be green) Also, price must be bouncing off of recent support (double bottom). We must also have oversold conditions, shown on our charts by what i refer to as a hidden divergence on THV and preferably Stochastics as well. We will enter into a buy trade once the THV has turned from red to green and we get a buy candle (HA candles). Stops are placed below the recent lows and Targets are the last swing high in most cases. Also, price MUST be at the moving averages which I share with the templates. Sell trades are the exact opposite. Reward to risk MUST be a minimum of 1 to 1. Its quite simple so take a look at the charts ive posted and I think you will get it. Of course, ask questions and Ill try to answer them.
Yes, this is profitable and no I wont upload my trading statements or post a myfxbook link. If you cant see how good this system is you should probably keep wandering around the land of confusion and fail at something else. I will try to post frequently asked question on post 1 in the future so i am not answering the same ones over and over. Please note i refer this to a trade #2 type because there are two that I like to trade this happens to be the one I am focusing on in this thread. I may introduce the other one later, im not sure yet.

1. What time frames can be use? ANY AND ALL. You can go as low as 1 minute if you so wish, just make sure your spread does not kill you.

Hello Doriotcapita, thx for your system! I was wondering if the three moving averages are the same as Raghee's wave with the 34 ema or if they're something different. Also, could you please tell me what moving average the slope indi is? Or is it the Coral from your last thread? Thanks in advance!

Edit: Nevermind, I just found the answers in your trading journal.

Hi Doriotcapita,

Thanks for the explanation. just wonder is that applicable to pairs? do look at the volatile of the pairs? cause i saw you trade only AUD pairs on your chart.

Cheers,
FG

looks nice subscribed i will keep watching that.

could you please post the template and indies so other can get benifit from it.

thanks

Hi doriot
Good to have you back is this an upgrade to your former system and which moving average settings are you using and whats your entry citeria. thanks

Past data with moving averages and ten n thousands colorful indicators looks very lucrative. Because almost all indicators re-paint / re-adjust and when you will look back, you might feel.. "ohh...that was a great trading opportunity"

Personally I never use a single indicator on chart.

Anyway best of luck for your new inventions and hope rules you mentioned above will remain same till end.

Regards

24hrs

New System? Nope!

This is just the Sonic R. System Dragon with the THV Coral indy substituted for the Sonic R. System Trend line, and the THV Trix indy added. As a contributor to the development of both the THV system and the Sonic R. System, I know.

And from experience I can assure you that the Coral is absolutely no better than the Sonic R. System 89 ema Trend line. And the Trix indy, well, there people go....adding lagging price derivative indicators to help them remain unfocused on what the real time base PA is telling them!

sim·ple
ˈsimpəl/
adjective
superlative adjective: simplest

1. 1.
   easily understood or done; presenting no difficulty.
   "a simple solution"
   synonyms:straightforward, easy, uncomplicated, uninvolved, effortless, painless,undemanding, elementary, child's play; More
2. 2.
   composed of a single element; not compound.
   synonyms:noncompound, noncomplex, uncombined, unblended, unalloyed, pure,single"simple chemical substances"

Thanks for the info. Didnt realize the 89 was that similar; I did put it on my chart and they are quite similar. I do like using the trix however so I can more clearly see when price seems to be moving up as often price will blow through a level only to come right back and take off. I realize it is lagging but it does help me visually. Would love to have more input on these systems since you are so familiar with both.

AUD is just an example. Will work with any pair as long as the the price action is pretty sane.

Hi Doriot,
I thank U for this new system. I just came across it now and after review I classify it as A grade, myself being very conversant with ur pedigree. Please keep up the good work as I am fully subscribed. I could however not locate ur template. Please upload it if you have not already done so. Once again thank you 4 your unparallelled generous city

Agree with u

If one is conversant with Doriocapita trading strategies , one will realize that he simply built this new system in order to simply his earlier system, TRADING FROM AN EXPERIENCED TRADER. The earlier system is a money maker any time any day and i have benefited immensely and still benefiting. This new system seeks to rectify the waiting time such that it could be traded in any time frame. It is still based on the same principle of retest of strong s/r level following the trend.The issue is that bc it is simple, folks will disregard it. If only they know the potential profitability and pedigree of Dorio, this thread be would be filled to the brim. Dorio is so magnanimous and yet so humble. Ever willing to help.

Doriotcapita please upload the indicators and templates ... thx for sharing the system

Hey guys,

I find this indicator that gives trend signal for currency pairs. It's free and no repaint.

Signal Trend Lite

To me, it's easy and simple to use. No complicated figures and lines. If the indicator is above the price (Red line), there is a downward trend. If you see the blue line is under the price, there is an upward trend.





I think it could give more accurate trend forecast if used with other indicators. But i still don't have any idea about it.
You guys can check it out and give suggestion plz?

Thanks and Happy trading

Seems all four trading rules stated in the first post are same as mine. Some additions being that my setups shoot for no less than 300 pips per currency pair, and trading just pure price action with no indys at all. Searching for the right threads to post my trades is really draining as the search results are not throwing up related threads. Thus am having to search every single page under each section. *sigh*