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High Flying Trading (HFT) Method

  • #101
  • Jan 31, 2016 1:16pm Jan 31, 2016 1:16pm
Dreamliner, Doesn't FIFO rule interfere with your trade management technique? E.g., add-on positions not being closed when b/e SLs are hit...
Vincit qui se vincit.
  • #102
  • Jan 31, 2016 1:21pm Jan 31, 2016 1:21pm
Quoting fxforfun
{quote} SMA = Simple Moving Average. I think the captain simply misquoted when he said "smooth". If you place a "Simple Moving Average" on your chart you will see it matches what he has on his charts.
Misquote or not, that simply is not good enough coming from the pointy end of the airplane! I expect a smooth ride from our fearless leader.

And I did place a "Simple Moving Average" on my chart - you did read my post right? But if I go with that, then I am making an assumption, correct?

It may mean other things that are written may be incorrect or not, depending on your interpretation.

The third thing pilots do is "communicate" to clear up any issues and that is where I am at; let me speak to the Control Tower.

Thanks for your attempt to help, John

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It takes a lot for me to IGNORE you, but you can try.
  • #103
  • Jan 31, 2016 1:57pm Jan 31, 2016 1:57pm
Quoting Erebus
{quote} Misquote or not, that simply is not good enough coming from the pointy end of the airplane! I expect a smooth ride from our fearless leader. And I did place a "Simple Moving Average" on my chart - you did read my post right? But if I go with that, then I am making an assumption, correct? It may mean other things that are written may be incorrect or not, depending on your interpretation. The third thing pilots do is "communicate" to clear up any issues and that is where I am at; let me speak to the Control Tower. Thanks for your attempt to...
  • #104
  • Jan 31, 2016 2:10pm Jan 31, 2016 2:10pm
Here's one that uses a 34 ema for a trendless market. Also has a couple of filters. http://www.onestepremoved.com/swing-trade-trendless/
Enter Signature
  • #105
  • Jan 31, 2016 4:26pm Jan 31, 2016 4:26pm
If the trend lasts, you will be orbiting. Here are the results of the previous trade (which is still open). {image} Next, we are going to examine some of those times when we are first trying to launch, where we go nowhere fast while using lots of pip-fuel. But this post will not be until I get home (flying from Chengdu, China to San Francisco right in the Jetstream).[/quote]

Dreamliner gets it right here regarding the jetstream but oddly I can't see his trade which he claims is open. This is an Oanda account.

That aside I am wondering how he knows which pair to trade since you never know when a pair will start to trend. If he has a few favourites you could still miss it.

Also he must be splitting his trading capital in tenths or less to keep adding to the trade.

He's caught my interest though.
Enter Signature
  • #106
  • Jan 31, 2016 4:43pm Jan 31, 2016 4:43pm
Quoting fxforfun
{quote} I assume you use a U.S. broker. How do you trade this method considering the FIFO rules?

very very good i do used the same indicator
  • #107
  • Jan 31, 2016 5:32pm Jan 31, 2016 5:32pm
Quoting Don M
Dreamliner gets it right here regarding the jetstream but oddly I can't see his trade which he claims is open. This is an Oanda account.
I don't get what you mean there; isn't he just showing the chart and the long entry points on the CAD-JPY chart and then stating the trade is still open?

He is not showing his actual account; is that what you mean by wanting to "see" the open trade? And what has Oanda got to do with it?

Quoting Don M
That aside I am wondering how he knows which pair to trade since you never know when a pair will start to trend. If he has a few favourites you could still miss it.
Yes, there has been no mention of screening any pair by higher time frame or any other method so that will be interesting to hear back. Other than that, I'm guessing if it looks good for take-off on the 4-H, you have to go with it.

Quoting Don M
Also he must be splitting his trading capital in tenths or less to keep adding to the trade.
Yes, definitely, agreed. And I think 10ths would be about right, after that many add-ons, it would either be going the correct direction or ..... abort the take-off !!!

Quoting Don M
He's caught my interest though.
Another agree on this point - in fact, it would be the only time in the history of trading that traders will be glad to see a few trades going the wrong way in order that they can get another entry. When you think about it, it really is a simple way to define a pull back, with an easily identifiable price point, as opposed to say a system that merely mentions short when price is back to the xxEMA or whatever.

Sit back and enjoy the flight!
It takes a lot for me to IGNORE you, but you can try.
  • #108
  • Jan 31, 2016 6:38pm Jan 31, 2016 6:38pm
People. I have been a member of this forum for many years and have witnessed good and sincerely informative threads like this die and end up in the corner collecting cobwebs.

Why?

Because too many users start nitpicking and pointing out the mistakes (we all make them) of the threads originator. Everyone has to keep in mind that information is shared with no compensation. When people make life difficult the "REAL" traders cut off the distractions, stop posting and return to what they love and are good at - TRADING.

If you find a flaw or an error - sure, point it out... but if you want to prove how smart you are by hammering home that this is not EXACTLY as you said it would be (even though trading is in itself a grey area), you are just going to chase those with knowledge away. Trust me, I've seen it happen to many times on FF.

Go back to the first post and please, lets remember to be courteous and respectful to each other.
  • #109
  • Jan 31, 2016 7:04pm Jan 31, 2016 7:04pm
Quoting enochben
People. I have been a member of this forum for many years and have witnessed good and sincerely informative threads like this die and end up in the corner collecting cobwebs. Why? Because too many users start nitpicking and pointing out the mistakes (we all make them) of the threads originator. Everyone has to keep in mind that information is shared with no compensation. When people make life difficult the "REAL" traders cut off the distractions, stop posting and return to what they love and are good at - TRADING. If you find a flaw or an error...
I was trying to figure out a way to say exactly the above. enochben, you stated it far better than I could have. Thank you.
  • #110
  • Jan 31, 2016 8:24pm Jan 31, 2016 8:24pm
this is a scaling in trend following system with excellent money management practices. Think it would work well on a higher time frame like h4, where there is an already established strong trend on a higher time frame ie daily, weekly. You could measure the strength of the trend in the higher time frame using adm. Also with the entry point increments maybe every time the 5 ema touches the 30 ema etc. Someone should code this up for us for testing, think it would make lots of money with a few little modifications for automation.
  • #111
  • Feb 1, 2016 1:00am Feb 1, 2016 1:00am
I do agree what thread starter do but I believe not everyone could profit as he does. Trading always is not about system, strategies or whatsoever. It is all about risk, money management, patience and discipline.
  • #112
  • Feb 1, 2016 2:14am Feb 1, 2016 2:14am
What happens when the setups fail? If there are many positions, All will end up a big loss...
Still no clue what SL, TP he uses.
He claims RR is 1:100ish or more????

What is the Hitrate? iF it is 10%, Then we are just playing casino here.
  • #113
  • Feb 1, 2016 2:18am Feb 1, 2016 2:18am
Quoting Erebus
I've got a question; it was very clearly stated the the 34 Smoothed Moving Average is used However, comparing the CAD-JPY 4 hour chart, as in the example, I cannot see the Smoothed MA lining up there But the Simple MA does' anyone else notice this? See my chart. Also, I used the Close as no other detail was provided; we need this point verified also. Thanks very much {image}

Hi Erebus,

how do you call that MA indi and the one showing all the parameters in the left hand top corner, so I can look them up?
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The only thing that will make us successful is if we can control ourselves!
  • #114
  • Edited 3:05am Feb 1, 2016 3:04am | Edited 3:05am
M
Quoting pabuuu
{quote} Hi Erebus, how do you call that MA indi and the one showing all the parameters in the left hand top corner, so I can look them up? {image}
The MA are just that normal Metatrader MA, 1 x 34 EMA and 1 x 34 SMMA

The corner indicator you refer to, you can find here

http://www.forexfactory.com/showthread.php?t=540706

#2 Access Panel - This indicator gives you access to a number of charting features, including a Clock, special Bid and Ask lines, the display of Levels, "Natural" Fibos, time zone adjustable Pivots, Range H/L marks for the day and week, special vertical day Separators and vLines that mark the start-end of important markets during the day. Take note that some of the features mentioned here you will find turned "Off" on the sample templates. You will have to use the External Inputs provided to turn them "On. This indicator has many External Inputs for customizing. Daylight Savings Time considerations are fully automatic. A proper chart display is not dependent on live data feed. However, this indicator has a critical setup procedure users must follow, so read the User Notes!

And don't expect any support from me.....
It takes a lot for me to IGNORE you, but you can try.
  • #115
  • Feb 1, 2016 3:27am Feb 1, 2016 3:27am
Quoting Erebus
M{quote} The MA are just that normal Metatrader MA, 1 x 34 EMA and 1 x 34 SMMA The corner indicator you refer to, you can find here http://www.forexfactory.com/showthread.php?t=540706 #2 Access Panel - This indicator gives you access to a number of charting features, including a Clock, special Bid and Ask lines, the display of Levels, "Natural" Fibos, time zone adjustable Pivots, Range H/L marks for the day and week, special vertical day Separators and vLines that mark the start-end of important markets during the day. Take note that...

cheers!
The only thing that will make us successful is if we can control ourselves!
  • #116
  • Feb 1, 2016 4:24am Feb 1, 2016 4:24am
Quoting ChinaTraderz
I do agree what thread starter do but I believe not everyone could profit as he does. Trading always is not about system, strategies or whatsoever. It is all about risk, money management, patience and discipline.
Yes. There is no way we could replicate his results.

First of all, the system is not yet properly outlined

No Entry strategy
No Exit strategy
No SL & TP
No Rules

We need to wait him to explain these stuff before we can evaluate
  • #117
  • Feb 1, 2016 4:43am Feb 1, 2016 4:43am
Quoting pepay
What happens when the setups fail? If there are many positions, All will end up a big loss... Still no clue what SL, TP he uses. He claims RR is 1:100ish or more???? What is the Hitrate? iF it is 10%, Then we are just playing casino here.
Post # 28 - worth reading again, S L O W L Y

http://www.forexfactory.com/showthre...88#post8721988

It takes a lot for me to IGNORE you, but you can try.
  • #118
  • Edited 6:06am Feb 1, 2016 5:51am | Edited 6:06am
Hi dreamliner and all,

Looks like eur/nzd is worth paying attention.

Cheers
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  • #119
  • Feb 1, 2016 5:52am Feb 1, 2016 5:52am
Hope he is landing and show us how to take off?
Another wish would be, can someone translate his posts in good german?

Greets

Michael
Perfection is the enemy of good enough!
  • #120
  • Feb 1, 2016 6:24am Feb 1, 2016 6:24am
Quoting pepay
{quote} Yes. There is no way we could replicate his results. First of all, the system is not yet properly outlined No Entry strategy No Exit strategy No SL & TP No Rules We need to wait him to explain these stuff before we can evaluate
For what I can read since his 1st post, what he is doing was absolutely write for retail traders. We will always back to the basic. I love he compare by using pilot with trading. Pilot is always technical-wise just as trader and weather are the fundamental.

I do agree what you said. But with my experience, there are no magic numbers for Moving Averages no matter what the value are. Doesn't believe that, just put any value on any type of MAs, you will see a bounce there. Why? Because people only see what they wanted to see on the chart. They prefer not to accept the matter of fact when the price is totally ranging up and down crossing the MAs.

But it doesn't mean thread starter does not profit. Trader must learn how to create their own strategy that allow them feel comfortable when trading. Believe me, it is much more easier to create one rather than to learn some other people strategy.
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