Trend Trading System

Quoting umairsheikh2

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{quote} USDCAD and USDZAR against the main trend. Just showing Down on H4!!

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Quoting Redeye

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{quote} Sorry should have clarified direction and timeframes. USD/CAD Sell 4hr as per Fartists stratagy USD/Zar Buy 1D as per Fartists stratagy Oil Sell 1D as per Fartists stratagy Bund Buy 4hr as per Fartists stratagy Gold Buy 4hr as per Fartists stratagy USD/MXN Buy 8hr as per Fartists stratagy EUR/GBP Buy 8hr as per Fartists stratagy USD/CHF Buy 4hr as per Fartists stratagy GER30 Sell 15mn as per Fartists stratagy Roughly as fartists strategy. I'm a bit trigger happy. So maybe some of the positions aren't quite fitting Fartists strategy. But...

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Quoting umairsheikh2

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{quote} Thanks for detail replied. Here is USDCAD: {image} It's looked counter trend!

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Quoting fartist

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Personally I like to long the strongest markets and short the weakest ones. Fartist

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Quoting umairsheikh2

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{quote} Have you took short or long on GBP/JPY?

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Quoting Redeye

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{quote} You are quite right. Its countering the longer term trend. A little more risky. Too trigger happy. Maybe I shouldn't have made this trade. I wouldn't advise anyone copies me I think it might go to 1.38 Thanks {image}

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Quoting umairsheikh2

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Here is mine pending position, hope it will trigger soon. USDZAR {image} I strong advice everyone here, please use chart for describing positions. So everyone learn and criticize for more profit... Thanks. Umee

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Quoting umairsheikh2

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Here is mine pending position, hope it will trigger soon. USDZAR {image} I strong advice everyone here, please use chart for describing positions. So everyone learn and criticize for more profit... Thanks. Umee

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Quoting wtmckee

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{quote} I like your USDZAR buy limit. It's interesting to me that it's right at the 123 Breakout point, yet you're buying on the retracement. I usually buy right at the break. Do you always wait for a pullback rather than buying at the break? It's smart.

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Quoting remlad

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{quote} Greetings Umairsheikh2, I was just wondering what was your trigger for this trade? Looking at the chart, I see that price wasn't able to take out the immediate swing high on the 4 hour timeframe ( around 13.63460). Thanking you in advance of your response.

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Quoting fartist

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The 3 things you need to become a profitable trader... https://www.youtube.com/watch?v=zVG_1MxQPjA What are your thoughts? fartist

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Quoting wtmckee

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{quote} Agreed, Fartist. I find that psychology is tamed by sound risk management and confidence in a trading strategy. I've gained confidence from lots of practice and screen time... years. Sometimes, when the markets are wayward, I enter small positions in an effort to gain a high win percentage, as practice, knowing that I could increase the trades by an order of magnitude and more... this adds to confidence and knowhow. I will readily admit that since the trending pairs broke and retraced 2 weeks ago, I have been up and down and ended up lower....

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Quoting Redeye

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Thanks again Fartist. Great video. You are always so clear and concise with your explanations. wtmckee. Yes Im the same. Made 52% last month. But the last 2 weeks I've made a loss of 2%. Just gotta stick with it. You win some and lose some It all works out in the long run as long as you have an "edge" "phycology" "risk managment" (Thanks Fartist) As you say I definitely think psychology is heavily linked to risk management.

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Quoting forexday

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Thanks for the video Rayner. Wishing you and your family a happy New Year.

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