Were you trading this one off of the daily charts or intraday? I am trading daily charts ...it needs a lot of room...1 X ATR is a lot of pips as with all of the GBP crosses.
Plan, Prepare, Execute, Repeat
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Disliked@Swingtrade65 Can this approach be traded off the hourly chart using break outs, Pins. Outside bars etc. I am happy to go over some old charts and to forward test but I would appreciate your opinion on the matter. regards and trust you are well.Ignored
DislikedI just got taken out of my USD/CAD short at +308 pips It took a while to get there but patience pays off....held since Feb 25th On to the next ones Many pips! ST65Ignored
Disliked{quote} That's great. I really appreciate if you will share chart with us so we can learn more from you.Ignored
Disliked{quote} This is the one of the threads on FF(actually one of the 4 threads...other is garbage...) that deserve attention. Thank you,SW.Ignored
Disliked{quote} Thank you.....I wanted to provide something of value....I hope it turns out that way and that everyone will find something they can use in their trading. My fear is that it is not presented in a manner that would be beneficial to anyone. All of these things make perfect sense inside my head. I probably should think about putting it all into a cohesive learning plan! My only reservation with that is that then we spend too much time fighting with the FF trolls instead of focusing on the end goal which is to extract pips and put money into...Ignored
DislikedI was asked about the USD/CAD short trade earlier today.........so here is the logic behind it VERY SIMPLE.......BEOB while the CCI was in a below zero position..............short on the take out of the bar low and use the ATR as a trailing stop I know it is not some fancy brain surgery formula....but it makes money Follow along for more guys Many Pips!! ST65 {image}Ignored
Disliked{quote} Hi David, Yes along with a few others they both are. I posted yesterday about doing a series of powerpoints or something outlining the entire method as I use it. It does have several components that make perfect sense inside my head...but that doesn't necessarily mean that it makes any sense to others. If this would be of interest, let me know. Many Pips ST65Ignored
Disliked{quote} Thanks swingtrade65, I'm very interested in your method. Like you (I think) I'm a programmer and love testing and developing systems,always searching for new methods and insights from other sucessfull traders like you Hope to see your powerpoints and ideas!Ignored
Disliked{quote} David, You are pretty close....I have not written any code in years, however I do manage a team of software developers...and yes I really enjoy finding the pieces to the puzzle that will put money in my account. My madness as I call it is actually a collection of "systems" or methods all pieced together to try and be profitable in all market environments and manage the whole of the portfolio of trades. I will find myself with trades taken for different reasons and with different objectives most of the time so it is always a challenge to...Ignored
DislikedI was asked about the USD/CAD short trade earlier today.........so here is the logic behind it VERY SIMPLE.......BEOB while the CCI was in a below zero position..............short on the take out of the bar low and use the ATR as a trailing stop I know it is not some fancy brain surgery formula....but it makes money Follow along for more guys Many Pips!! ST65 {image}Ignored
DislikedGood Morning Everyone I would like to talk a little bit about one aspect of my trading that might be of interest to someone. I like to trend follow. It is by far and away my preferred method of trading and the one method that I use the most. with that said, it is also the hardest emotionally and logically. It is so hard to sit and do nothing while your positions gyrate by dozens and sometimes hundreds of pips. Yesterday was a prime example of how this looks when it goes against you. when I woke up yesterday, I had about 4 positions that were solidly...Ignored