My personal opinion is to backtest yourself to find out certain settings(like the best SL or TP). It is better to backtest manually than through EA because you'll learn a lot than if you automate the backtest. I use EA to backtest once I think I ...

Nb 10.0 trend trading system

hehe this question never gets old, should a guideline be on the front page??. I personally place mine at the nearest pivot.(WP, WR, WS)

Nb 10.0 trend trading system

I hope win 7 will stay for a long long time because win 8 have a kill switch url I am going to avoid it like a plague.

OANDA Discussion

Hey there I took the same trade too but I entered when the M5 candle cross and close on the other side of the 12/23 MA. Double top gave more conviction. 1st TP hit 13 pips the 2nd hit breakeven.

CHOROS System

I did a backtest not too long ago on the concept you just described url So maybe the method do have some legs. While backtesting I notice that having a large enough SL gives a good edge. I also feel that exiting a second trade when the slope goes ...

Nb 10.0 trend trading system

Today have been particularly good for choros.

CHOROS System

Thanks guys, I really appreciate honest comments I have been about breakeven myself since the last 3 weeks. I will only trade when both D1 and H4 slope confirm it. It is what I have tested. I don't trade range, not yet....

Nb 10.0 trend trading system

Yeah I think you have a point about stoploss size. My sl yesterday was unusually tight because R1 and R2 is very close. I would have taken partial losses today (slope <0.4) if I had bigger stops. I will have to look into other stoploss criteria. ...

Nb 10.0 trend trading system

JPY trades — Yesterday's JPY long trades nearly wiped out all my profit this week. I took the hit on NZDJPY and AUDJPY. Update I entered long GBPJPY.

Nb 10.0 trend trading system

Anyone know why the yen is falling? I know it doesn't matter, I am just curious because there doesn't seem to be any coverage on it. Maybe we will get some news when the trend is near the end. Anyway I have set my buy limit orders at the pivots ...

Nb 10.0 trend trading system

No I didn't test daily at all. Maybe I should.

Nb 10.0 trend trading system

NZDJPY hit TP1 at weekly R1 and triggered a pair of trades there... GBPJPY on the daily slope looks like it might give long signals soon.

Nb 10.0 trend trading system

Oh yeah my bad I was referring to weekly pivot. Oops. Yen is depreciating.

Nb 10.0 trend trading system

Why would you short when the H4 and D1 slope for USD pairs are pointing north......... That is the hard thing I find about trading, the market move first and then the news justify it much latter.

Nb 10.0 trend trading system

Each broker will have different values. I am using IBFX US feed.

Nb 10.0 trend trading system

No R1 at 80.67. and it is taking off, for now. I have set another pair of buy limit at R2. I am still in NZDUSD, AUDUSD and NZDJPY trade since monday. I am pretty tempted to exit now......

Nb 10.0 trend trading system

AUDJPY trade since monday hit my TP1 at R1. Moved the 1snd trade's stoploss to break even and entered a second pair of trades there. This week is turning out pretty well.

Nb 10.0 trend trading system

I agree with the need to trade multiple pairs. But for correlated pairs I will be limiting my risk %. Say 4 pairs are correlated and giving signals simultaneously. I will make sure the total risk for the 4 pairs is less than 2% for example. Frankly ...

Nb 10.0 trend trading system

Thanks for all the sharing. I hope you will be alright. I am sure some of us including myself will be with you prayer.

Nb 10.0 trend trading system

For my previous testing and how I trade now. TP2 will exit either at a stop lost or when the slope goes in between 0.4 and -0.4.

Nb 10.0 trend trading system