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Trend Trading System

  • #1,241
  • Jul 23, 2015 10:54am Jul 23, 2015 10:54am
‎Interesting last few days due to some pullbacks to the daily on nzd/usd, ‎nsd/jpy, palladium, gold and a few others. Had my TSL hit on H4 Nsd/Usd, just by a few pips before price reversing which is a shame (2ATR above EMA 50). However the others are still running on this pair as entered on H8.‎
‎‎Anyone else had their TSL hit on 4 hour nsd/usd?‎
‎
Question for Fartist/ fellow traders..If you get booted out of the trend, is there anything stopping you re-entering pretty much straight away - as where you get SL or TSL hit is often there or there abouts for entry?

Also ‎on pullbacks like we've been having for example, if‎you decided to do an instant market execution do you ever drill down to the even lower time scales such as 30 mins, or 1 hour just to time the trigger for entry at the top or bottom of their swing high /low, but ATR still taken off H4.? Or do you only ever do pullbacks by order? Trying to refine my technique! ‎

Much appreciate your comments. Great thread, learning everyday and the market analysis is brilliant as I pick what I would do, then watch the video as guidance.
‎
  • #1,242
  • Jul 23, 2015 11:01am Jul 23, 2015 11:01am
Hi Fartist,

I'm referring to your post 1238, attachment, do u mind posting the link to calculate the Risk of Ruin Formula, thanks.

Best Regards,
LearnAlways
I only know I know nothing
  • #1,243
  • Jul 24, 2015 1:14am Jul 24, 2015 1:14am
Hi LearnAlways,

I think this is the one that Fartist is using RoR calculation.
  • #1,244
  • Jul 24, 2015 4:02am Jul 24, 2015 4:02am
Quoting OliverG
‎Interesting last few days due to some pullbacks to the daily on nzd/usd, ‎nsd/jpy, palladium, gold and a few others. Had my TSL hit on H4 Nsd/Usd, just by a few pips before price reversing which is a shame (2ATR above EMA 50). However the others are still running on this pair as entered on H8.‎ ‎‎Anyone else had their TSL hit on 4 hour nsd/usd?‎ ‎ Question for Fartist/ fellow traders..If you get booted out of the trend, is there anything stopping you re-entering pretty much straight away - as where you...
Hi Oliver,

Yes I've got stopped out off my NZD/USD trade as well.

Currently on H4 there's no setups.. but on the daily.. the retrace towards 20 EMA was a shorting opportunity.

You need to define what trading time frames you'll trade off and stick to it. I would caution trading more than 2.. as it'll mess up your trading badly especially due to conflict signals on diff timeframes.

I don't drill down to lower time frame, i just take it off my entry time frame.

Hope that helps!

fartist
Whether you can or you can't, you are both right.
  • #1,245
  • Jul 24, 2015 4:02am Jul 24, 2015 4:02am
Quoting bopuc
Hi LearnAlways, I think this is the one that Fartist is using RoR calculation.
Thanks for posting bopuc
Whether you can or you can't, you are both right.
  • #1,246
  • Jul 24, 2015 8:24am Jul 24, 2015 8:24am
Breakeven Palladium
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  • #1,247
  • Jul 27, 2015 8:24am Jul 27, 2015 8:24am
Should you let news affect your trading?

Inserted Video


fartist
Whether you can or you can't, you are both right.
  • #1,248
  • Jul 27, 2015 11:41pm Jul 27, 2015 11:41pm
Rayner, when entering trades, should I take into considerations the stochastic indicator on each time frame or just the time frame I am entering from? I often find that my indicators will contradict each other on separate time frames. Overbought on the 4H but oversold on the weekly. Should I let contradicting indicators keep me away from trades? I hope I am making sense!
  • #1,249
  • Jul 28, 2015 12:14am Jul 28, 2015 12:14am
Quoting Lordfork
Rayner, when entering trades, should I take into considerations the stochastic indicator on each time frame or just the time frame I am entering from? I often find that my indicators will contradict each other on separate time frames. Overbought on the 4H but oversold on the weekly. Should I let contradicting indicators keep me away from trades? I hope I am making sense!
Hi Lord,

Honestly i don't use stoch in my trend trading approach.

Yes you're right they will contradict each other and you need to make a decision to decide which time frame will matter most.

fartist
Whether you can or you can't, you are both right.
  • #1,250
  • Jul 28, 2015 4:55am Jul 28, 2015 4:55am
Hello everyone,
First of all I would like to thanks all contributors for this thread especially fartist. I have started trading this systems for 2 weeks and I have already made some profitable trades. I know that is just beginning and a lot of learning is before me but I would like to contribue with my trades too.

Apologise for my english, hope that you all understand.
  • #1,251
  • Jul 28, 2015 2:25pm Jul 28, 2015 2:25pm
Rayner... hope you don't mind me asking...the metals like palladium, copper etc that are technically paired against USD‎...is this the USD currency as we know it, or being paired against a metal, the USD is somehow affected by other influences. I ask because t‎rying to stay diversified, already in three currency trends paired against USD‎, and then there's the metals. How many different trends do you allow yourself to enter against a certain currency to remain diverse?
Much appreciate your comments and videos analysis!Regards, Oliver
  • #1,252
  • Jul 29, 2015 9:11am Jul 29, 2015 9:11am
Quoting Mhons
Hello everyone, First of all I would like to thanks all contributors for this thread especially fartist. I have started trading this systems for 2 weeks and I have already made some profitable trades. I know that is just beginning and a lot of learning is before me but I would like to contribue with my trades too. Apologise for my english, hope that you all understand.
Hi Mhons,

Thanks for stopping by.

Your English is fine, no worries.

Looking forward to your charts

fartist
Whether you can or you can't, you are both right.
  • #1,253
  • Jul 29, 2015 9:12am Jul 29, 2015 9:12am
Quoting OliverG
Rayner... hope you don't mind me asking...the metals like palladium, copper etc that are technically paired against USD‎...is this the USD currency as we know it, or being paired against a metal, the USD is somehow affected by other influences. I ask because t‎rying to stay diversified, already in three currency trends paired against USD‎, and then there's the metals. How many different trends do you allow yourself to enter against a certain currency to remain diverse? Much appreciate your comments and videos analysis!Regards,...
Hi Oliver,

I treat the metals separately against the currency.

So for gold, palladium and platinum, they are in their own sector.

fartist
Whether you can or you can't, you are both right.
  • #1,254
  • Jul 30, 2015 10:43am Jul 30, 2015 10:43am
Hi Rayner, I have send you a PM, kindly check!

Thanks.
Umair (Umee)
I Win, I Lose, It's my Job... And I Love it!
  • #1,255
  • Jul 31, 2015 6:44am Jul 31, 2015 6:44am
Rayner have you checked your PM? I look forward to hear back from you!
I Win, I Lose, It's my Job... And I Love it!
  • #1,256
  • Aug 1, 2015 7:21am Aug 1, 2015 7:21am
Quoting umairsheikh2
Rayner have you checked your PM? I look forward to hear back from you!
Why don't you share your question with us here ? Is that a personal type of questions?
  • #1,257
  • Aug 1, 2015 7:37am Aug 1, 2015 7:37am
Hi everyone, I stepped on to this comment yesterday;
---
One thing that fascinates me after all these years is the notion of SL. I still dont get the fact why everybody is using SL????
wake up people do you think all the brokers and big guys want you to make money???
SL is like playing Poker and showing your hands to the whole World. Wake up people.
They (broker) dont give a shit you making money.
Always use mental SL. Do you think big guys use SL??? give me a break for gods sake
---
For my part I don't understand how someone can think that way, what you guys think of this ?
  • #1,258
  • Aug 1, 2015 8:13am Aug 1, 2015 8:13am
Quoting McClish
Hi everyone, I stepped on to this comment yesterday; --- One thing that fascinates me after all these years is the notion of SL. I still dont get the fact why everybody is using SL???? wake up people do you think all the brokers and big guys want you to make money??? SL is like playing Poker and showing your hands to the whole World. Wake up people. They (broker) dont give a shit you making money. Always use mental SL. Do you think big guys use SL??? give me a break for gods sake --- For my part I don't understand how someone can think that way,...
I dont think its good for your Account Balance, when you are in a Long Trade and this is happening!!!
Always use SL to Protect your Account!!
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  • #1,259
  • Aug 1, 2015 8:16am Aug 1, 2015 8:16am
If you dont like, that your Broker sees your SL, take a Hidden SL with an EA, that closes the Position when amount of minus pips are reached.
  • #1,260
  • Aug 1, 2015 10:16am Aug 1, 2015 10:16am
Quoting McClish
Hi everyone, I stepped on to this comment yesterday; --- One thing that fascinates me after all these years is the notion of SL. I still dont get the fact why everybody is using SL???? wake up people do you think all the brokers and big guys want you to make money??? SL is like playing Poker and showing your hands to the whole World. Wake up people. They (broker) dont give a shit you making money. Always use mental SL. Do you think big guys use SL??? give me a break for gods sake --- For my part I don't understand how someone can think that way,...
Why you are using bullshit brokers?!
I Win, I Lose, It's my Job... And I Love it!
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