Good point Renn, I'm sure if price went straight up with no retracements it would be much easier for the novice trader to let her profits run. But perhaps something of value can be learned without thousands of hours of watching screens. Perhaps what ...

Trend Trading

Thanks AG, nice gadget. I haven't tested it out, but if it helps you discover trends to trade, have fun with it. If anyone else wants to discuss their favorite method to find a trend to trade, feel free to post it up. While waiting I'll discuss risk ...

Trend Trading

It seems like we are moving away from trend discovery toward the subjects of stop losses and risk. If anyone still has problems with trend discovery, we can discuss that more. I just love talking about trends, so the subject never gets old for me. ...

Trend Trading

Well Ren, this gets back to the difference between simple and easy. For instance, it's very simple to lose weight. You don't eat and you lose weight. It a 100% guaranteed diet plan. It has never failed in history. It's not easy at all though for ...

Trend Trading

Hi Chucksman. I agree that spending lots of time to find the holy grail of entries is a waste of lifespan. I'd advise finding a very simple method for finding trending pairs that produces consistent entries and use it without discretion. The goal ...

Trend Trading

Oh my, that's a lot to consider. My trading is much simpler than that. I'll try to answer each in order as best as I can from my experience. Others are welcome to pitch in. I only know it's the beginning of a trend in hindsight. Of course, I can't ...

Trend Trading

It's very quiet in here. I'm guessing everyone has run off to try this method and they are busily making a quiet fortune. I hope so. We set out in the beginning to discuss trend trading for profits and we've had some lively and interesting ...

Trend Trading

I like this quote: "When you let the reward portion of your brain learn to appreciate and look forward to those larger moves, that's when you'll realize the difference." That's worth meditating on for a bit.

Trend Trading

Dianajs, Agreed. I don't even worry over trying to get in at the beginning or staying to the very end of a trend. I'm happy to just grab some pips from the big fat middle of it. Looking at monthly charts, we'll see trends run for 3 years or more. Of ...

Trend Trading

The answer Nefser gave was, Let them RUNNNNNN Forrest! And that is the correct answer. At the core of trend trading is letting profits run. They have to run to grow large enough to make up for the many small losses and still leave capital to ...

Trend Trading

Dscap, I'll try to answer any questions you have to the best of my ability. The method is fairly simple, but it might be counter-intuitive for many. Some things, like buying high and selling higher or selling low and buying back lower might seem ...

Trend Trading

(Reposted from my chat room) Sometimes simple things are the hardest. Today, I'm in the lovely position of trades doing much better than I anticipated. The question is, should I go ahead and take massive profits now, or at least take some of my ...

Trend Trading

I'll dive into money and risk management a bit while it's quiet. As I said before, I start a trade risking about 0.5% of my balance in stop loss risk. Of course, I may stack many more trades on top of that base pair, but I remove the stoploss risk ...

Trend Trading

Here's the fun part, I'm just getting started. This is really all just a setup for the real trade I'm looking for. I'll now want to move the stops up as price continues to trend up (but not quite as fast). Since each of the 3 trades stacked above ...

Trend Trading

So, here's what I get passionate about. This is a live trade I've showed earlier. It's a long CadJpy on the H1 chart. It now has 4 trades stacked for about 500 pips total. I started out with a little less than 50 pips sl, so it's hit the 10 to 1 ...

Trend Trading

Welcome Rescuenava. I am trading CadJpy and UsdJpy at the moment. My trend analysis showed both Cad and Usd to be strong trending pairs as well. There is a theory that all fundamental information is reflected in the price but I'm not sure that can ...

Trend Trading

Hi Brian, I'd suggest you demo trade your system for at least 3 months before you trade live cash. When you make profit 3 months in a row in demo, trading exactly as you would live, then you are ready to advance to trading micro lots. 0.01 micro ...

Trend Trading

Well, does it have anything to do with trend trading? If so, sure!

Trend Trading

Hi AG. Excellent question. Everything will happen with price eventually, including 800 pip gap moves in the CHF. I only nominally risk about 0.5% of my account per trade and I only trade half my margin or less. Even still, that puts a lot of risk on ...

Trend Trading

I've never been any good at making profit off the short time frames, 15 min and below, so the only fun I get is to open and close trades and manage stops. Well, it really is great fun to remove the risk from a trade and run it up to 10 to 1 or ...

Trend Trading