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(binned per thread starter's request) Channel/trendline trading

  • #101
  • Mar 4, 2016 10:04am Mar 4, 2016 10:04am
Quoting janpec1000
Lets see if this works out. {image}
TPed, also same on EU on channel break +8 there. GA longs atm +12 and +15 still holding, one TPed and closed.

EDIT: GA longs tped.
  • #102
  • Mar 4, 2016 10:09am Mar 4, 2016 10:09am
Quoting jeetvirk
EU again AT BE, i need to look into this now. {image}
Hey this trendline you have above is not correct, all the lows in structure have to follow the trendline. If there is disconnect then trendline has changed.
The actual trendline is this one acording to the way i trade it on structural changes:
Attached Image (click to enlarge)
Click to Enlarge Name: 0lImQrU.png Size: 102 KB
  • #103
  • Mar 4, 2016 10:13am Mar 4, 2016 10:13am
Another one lets see.
Attached Image (click to enlarge)
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  • #104
  • Mar 4, 2016 10:23am Mar 4, 2016 10:23am
Quoting janpec1000
Another one lets see. {image}
Stoped out.
  • #105
  • Mar 4, 2016 10:27am Mar 4, 2016 10:27am
Quoting janpec1000
{quote} Hey this trendline you have above is not correct, all the lows in structure have to follow the trendline. If there is disconnect then trendline has changed. The actual trendline is this one acording to the way i trade it on structural changes: {image}
Thanks for correcting me, i have to go thru ur posts again. so in this we ignore wicks.
  • #106
  • Mar 4, 2016 10:52am Mar 4, 2016 10:52am
EA and ECAD scalps tped.
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: dmfPCgt.png Size: 46 KB


Done for today, enough pips.
  • #107
  • Mar 4, 2016 10:57am Mar 4, 2016 10:57am
Forgot to add that there is one indicator i am using, its basically just price alert indicator that is triggered by lines, either flat line or trendline. That helps to reduce chart watchin time down by 80% once you are familiar with trading approach. So when you spot trendline draw it, and then once price touches it again youll get alert, then follow price for 2 minutes (if you trade m1) to see if breaks, if it doesnt then simply replace trendline to get alert next time. Or instead place flat line to be alerted on break which is what i do (no need to replace trendline everything that way).

Use this settings:
distance:1
msg alerts:yes
email alerts:false
change color:yes
the rest default.
Attached File(s)
File Type: ex4 trendline price alert v1.4 - MOD 01 CM_004.ex4   6 KB | 683 downloads
  • #108
  • Mar 4, 2016 11:03am Mar 4, 2016 11:03am
Quoting janpec1000
Forgot to add that there is one indicator i am using, its basically just price alert indicator that is triggered by lines, either flat line or trendline. That helps to reduce chart watchin time down by 80% once you are familiar with trading approach. So when you spot trendline draw it, and then once price touches it again youll get alert, then follow price for 2 minutes (if you trade m1) to see if breaks, if it doesnt then simply replace trendline to get alert next time. Or instead place flat line to be alerted on break which is what i do (no need...
Thanks for the indi.

Have a nice week end.
  • #109
  • Mar 4, 2016 3:28pm Mar 4, 2016 3:28pm
I got all stopped out. >/

Still checking this one.

Attached Image (click to enlarge)
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  • #110
  • Mar 4, 2016 3:42pm Mar 4, 2016 3:42pm
Hi guys!
Nice thread, janpec

i'm also shifting to simple channel trading, though looking for bounces, not breaks

will contribute to thread as well after some backtesting

nice weekend to all, traders !!
  • #111
  • Mar 5, 2016 2:55am Mar 5, 2016 2:55am
Quoting Dead.Boy
Hi guys! Nice thread, janpec i'm also shifting to simple channel trading, though looking for bounces, not breaks will contribute to thread as well after some backtesting nice weekend to all, traders !!
I am trading bounces myself aswell but they are lesser portion of my trading. Feel free to post entries and examples.
  • #112
  • Mar 5, 2016 1:30pm Mar 5, 2016 1:30pm
Taking a look, I tried several possible revenue and saw that there are several fake signals.
Uses some other filtering? mobile media type? only in favor of the main trend?
  • #113
  • Mar 6, 2016 3:38am Mar 6, 2016 3:38am
Quoting giuse224
Taking a look, I tried several possible revenue and saw that there are several fake signals. Uses some other filtering? mobile media type? only in favor of the main trend?
Cant say without seeing examples. Post the pictures, otherwise i can only guess.
  • #114
  • Edited 12:22pm Mar 6, 2016 12:07pm | Edited 12:22pm
Quoting janpec1000
{quote} Cant say without seeing examples. Post the pictures, otherwise i can only guess.
Without SL and with the streit scalping, removing 0.2/0.8 of spreads and commissions of 5$, little profit. Difficult but more interesting
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDM1...png Size: 41 KB
  • #115
  • Mar 6, 2016 2:47pm Mar 6, 2016 2:47pm
Quoting giuse224
{quote} Without SL and with the streit scalping, removing 0.2/0.8 of spreads and commissions of 5$, little profit. Difficult but more interesting {image} {image} {image}
Hey, your results are from post NY session of trading, this trading approach needs (like most of them) London or NY session to work if you trade M1 charts. Like you said otherwise the spread and commission eats the profits. Look for setups from 9:00 to 18:00 and youll be fine.
  • #116
  • Mar 6, 2016 2:59pm Mar 6, 2016 2:59pm
Quoting janpec1000
{quote} Hey, your results are from post NY session of trading, this trading approach needs (like most of them) London or NY session to work if you trade M1 charts. Like you said otherwise the spread and commission eats the profits. Look for setups from 9:00 to 18:00 and youll be fine.
I try and let you know.
The only question I ask you, how many pips you usually SL and TP imposed?
  • #117
  • Mar 6, 2016 3:07pm Mar 6, 2016 3:07pm
Quoting giuse224
{quote} I try and let you know. The only question I ask you, how many pips you usually SL and TP imposed?
Depends on TF, i trade from M1 to H4. M1 typical would be between 5-15 pips SL/TP depending on that days movement or channel size. And then the higher you go on TF the larger the SL/TP. But if you check my posted pictures you can see the size on picture.
  • #118
  • Mar 6, 2016 3:35pm Mar 6, 2016 3:35pm
Quoting janpec1000
{quote} Depends on TF, i trade from M1 to H4. M1 typical would be between 5-15 pips SL/TP depending on that days movement or channel size. And then the higher you go on TF the larger the SL/TP. But if you check my posted pictures you can see the size on picture.
-Please. read private message-
Woow TP very high!

For news, avoid investing before and after?
  • #119
  • Edited 2:54am Mar 7, 2016 1:22am | Edited 2:54am
NZDJPY Sell:

Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPY sell.png Size: 42 KB


EDIT: TP HIT.
  • #120
  • Mar 7, 2016 3:27am Mar 7, 2016 3:27am
Possible EA setup to come.
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