High Flying Trading (HFT) Method | Page 29 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Free EA - High Flying Trading (HFT) EA is finally here! 970 replies

Flying Buddha Trading Idea 36 replies

EPD HFT Scalping system 46 replies

bo7a method... method for GBP/JPY 205 replies

Equity millipede & Flying Buddha trading journal 9 replies

Attachments: High Flying Trading (HFT) Method
Exit Attachments

High Flying Trading (HFT) Method

  • #561
  • May 8, 2016 3:43pm May 8, 2016 3:43pm
Quoting SuperPip
Hi!May I ask, what pairs you are trading?regards,SP profits at 1400 after withdrawing the capital . I only use 4hr charts across all pairs . What a wonderful difference this has made to my trading mindset - cut losses to minimum and exponentially multiply the profits , have patience and be a rule based trader , and apply your mind as we r traders not robots ... Ever so thankful to Mike ..
</p>[/quote]

I look at all pairs, but choose ones which has hit resistance/support atleast twice before crossing 34 SMA..
  • #562
  • May 10, 2016 12:01pm May 10, 2016 12:01pm
Quoting disciplined
{quote} I look for all pairs , but enter only which has touched the resistance/support atleast twice before crossing the 34 SMA Previous Swing is on H4 , someetimes it may be hundred pips away ,but i dont trade big lots at all.. thats the risk we take on this business i guess. No indicators whatsoever, follow Dreamliners rules ..mentally you got to be stong to enter orders on pullbacks when previous two pullback orders are already running at loss , the idea is it will go in your direction at some stage..
Thanks, one final question.
Foe example a buy order where the stop loss is say 100 pips (previous swing low) and the candle closes below the SMA 34, you close the trade or you wait for it till it hits your Stop loss or go back up?
  • #563
  • May 10, 2016 2:35pm May 10, 2016 2:35pm
Quoting desi
{quote} Thanks, one final question. Foe example a buy order where the stop loss is say 100 pips (previous swing low) and the candle closes below the SMA 34, you close the trade or you wait for it till it hits your Stop loss or go back up?

As i said follow Dreamliner rules ,if candle closes below SMA on a buy order ,dont wait for SL ,just exit.
  • #564
  • May 12, 2016 4:31am May 12, 2016 4:31am
Do you have any particular criteria for which pair you enter on or do you have positions on all the pairs you can? And for such a small account what sort of lot sizing are you using?
  • #565
  • May 13, 2016 12:19pm May 13, 2016 12:19pm
Quoting Rub
Do you have any particular criteria for which pair you enter on or do you have positions on all the pairs you can? And for such a small account what sort of lot sizing are you using?
i avoid correlated pairs, i start with 0.1 , then 0.05 subsequent entries on pullbacks.
  • #566
  • May 13, 2016 12:25pm May 13, 2016 12:25pm
Quite a choppy week..ranging market.
  • #567
  • May 24, 2016 2:34pm May 24, 2016 2:34pm
Thanks Mike for this method, works like a charm in H4 TF ,need patience to sit on trades for week or more but definitely working ! Net profit at £1800 after taking the £500 deposit out.
  • #568
  • May 24, 2016 3:23pm May 24, 2016 3:23pm
instead of choosing pairs - a quick look at a basket chart shows that this system can be quite good.
- care taking choosing a TF (H1 and H4 look good)
- care taking when choosing your indicator (i.e SMA or oscillator)

would be a good solution to the "what pair" question...

only problem is the price you pay in the spread
  • #569
  • Jun 3, 2016 4:55pm Jun 3, 2016 4:55pm
guys this strategy works like a charm in h4 tf , £2500 profit in 10 weeks ,started with £500 deposit using 0.1 and 0.05 lots
  • #570
  • Jun 3, 2016 7:13pm Jun 3, 2016 7:13pm
Quoting disciplined
guys this strategy works like a charm in h4 tf , 2500 profit in 10 weeks ,started with 500 deposit using 0.1 and 0.05 lots
Works like a charm if price is trending. What pair are you trading and how do you chose them? Thanks.
  • #571
  • Jun 3, 2016 10:22pm Jun 3, 2016 10:22pm
​Hello disciplined

is this correct according to your explanation?

Thanks
TS
Attached Image (click to enlarge)
Click to Enlarge Name: dl1.jpg Size: 159 KB
Haste not to Enter AND Haste not to Exit !-TradeStar
  • #572
  • Jun 4, 2016 12:58am Jun 4, 2016 12:58am
Please ease take time to read Dreamliners post , range is unavoidable and subsequent loses , key is keep loss to minimum and exponentially multiply profits when in trend , you need patience to see profits . I have no preference with pairs , avoid correlated ones , jpy pairs moves quicker


Quoting chamane
{quote} Works like a charm if price is trending. What pair are you trading and how do you chose them? Thanks.
  • #573
  • Jun 4, 2016 1:02am Jun 4, 2016 1:02am
Thats correct ,but nothing is perfect , you will eventually find the trend and so key is to add positions with all pullbacks aligned to your money management


Quoting TradeStar
​Hello disciplined is this correct according to your explanation? Thanks TS{image}
  • #574
  • Jun 4, 2016 8:38am Jun 4, 2016 8:38am
Quoting disciplined
guys this strategy works like a charm in h4 tf , 2500 profit in 10 weeks ,started with 500 deposit using 0.1 and 0.05 lots
Hi Disciplined!the profit that you close.??thanks
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpymicro-d1-trading-point-of.png Size: 35 KB
  • #575
  • Jun 4, 2016 10:27am Jun 4, 2016 10:27am
Quoting cfudge
{quote} Hi All here are the graph and open P/L for April See quote for trading info. Chris {image} {image}
Heya Chris, you have results for May?
  • #576
  • Jun 4, 2016 12:36pm Jun 4, 2016 12:36pm
Wait till it closes above 34sma on h4 . Reenter on any pullbacks prior


Quoting Xxfx
{quote} Hi Disciplined!the profit that you close.??thanks {image}
  • #577
  • Jun 4, 2016 10:03pm Jun 4, 2016 10:03pm
Quoting cfudge
{quote} Hi All here are the graph and open P/L for April See quote for trading info. Chris {image} {image}

Yes here are my results for may with a graph and current open P/L

Attached Image (click to enlarge)
Click to Enlarge Name: May graph 34sma.jpg Size: 36 KB


Attached Image


Here is the graph for Feb 1st 2016 to May 31st 2016

Attached Image (click to enlarge)
Click to Enlarge Name: Feb to May graph 34sma.jpg Size: 37 KB


I started in Feb with an account at $18,000.00 and at one point if I had closed all open trades I would have had $30,000.00
Currently I am sitting at $14,600.00. Not sure what happened really following rules...
I can only assume I am leaving trades too long and not closing at the right time. I will try for at least another month and see where I am at.

Chris
  • #578
  • Jun 5, 2016 6:20am Jun 5, 2016 6:20am
It's not good this way!!!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmicro-h4-trading-point-of.png Size: 33 KB
  • #579
  • Jun 8, 2016 5:32am Jun 8, 2016 5:32am
thanks Dreamliner. i used your Idea in my own trading system which is profitable already but not too much. im trying to use your idea in my own trading system to increase the profit.
i'll let u know if it works.
thanks
The Ancestor to Every Action Is a Thought.
  • #580
  • Jun 19, 2016 5:28pm Jun 19, 2016 5:28pm
What if you counted the area between two MAs, and then made the trade decision by comparing up/low swings? Oh, actually I already tested this on mt5, every tick 2011-2016. Has anyone came up with this idea before?
Attached Image (click to enlarge)
Click to Enlarge Name: justtesting.png Size: 31 KB
Pension fund Return This Month: 2.2%
1 trader viewing now