Quite impressed with your answers Dax... thanks so much for taking the time to write out the thoughtful responses. Personally, I'm anti-indicator, but your success has definitely made me re-think the possibilities for mechanical/indicator-based ...

$10,000 Profit a Month Personal Challenge

Update: 930 pm EST, Wednesday, December 14, 2016 Today's pips (closed positions) = -166 Cumulative pips to date: -166

Volatility-based Trend Trading

All information regarding the trades- the good, the bad, and the ugly- can be viewed in the Trade Explorer. I follow the rules regarding "when to move the SL" as described in post #1, and reiterated in post#39. Re-entry trades are also described in ...

Volatility-based Trend Trading

My trading screen: image trailing stop: For buy position: 1) move stop to break-even when P/L = entry+(weeklyATR*0.2) pips 2) move stop to entry+(weeklyATR*0.2) pips when P/L = entry+(weeklyATR*0.4) pips 3) move stop to entry+(weeklyATR*0.4) pips ...

Volatility-based Trend Trading

UPDATE: 6:30 pm, EST_Monday, December 12, 2016 Open Positions: GBPJPY: 500 units, buy @ 146.23; opened 12-12-16; SL @ 145.23: current Pip P/L = -62 GBPUSD: 500 units, buy @ 1.2640; opened 12-12-16; SL @ 1.2572: current Pip P/L = +33 USDCAD: 500 ...

Volatility-based Trend Trading

Re-started this trading approach... all details are described in post #1. UPDATE: 10:00 am, EST_Monday, December 12, 2016 Open positions: GBPJPY: 500 units, buy @ 146.23; opened 12-12-16; SL @ 145.23 GBPUSD: 500 units, buy @ 1.2640; opened 12-12-16; ...

Volatility-based Trend Trading

Sometimes you read and re-read a statement like the one above, and have read the same statement made countless times by others, and FINALLY the light bulb turns on! Thanks Dax! Dave

$10,000 Profit a Month Personal Challenge

Best. Dave

Pip+

Wow....took a big hit on the CADJPY, but was able to essentially neutralize the loss with P/L positive AUDJPY hedge trades. I took some good profits on the spike of the EURCAD, but with that said, during the collapse of the CADJPY, I noticed several ...

Grid-Hedge Reboot

Update as of 7:30 pm est, Tuesday, November 8 2016: EURCAD/EURAUD Hedge CADJPY/AUDJPY Hedge Balance = $216.02 USD Unrealized P/L = $3.40 Net Asset Value = $212.63 %DD = 1.6% Margin Used = $23.51 (50:1 leverage) Margin Available = $189.11 %Margin ...

Grid-Hedge Reboot

Update as of 7:30 pm est, Monday, November 7, 2016: EURCAD/EURAUD Hedge CADJPY/AUDJPY Hedge Summary Earlier today, as the EURCAD dived and my EURCAD position 1 dropped to $3.28, my two EURAUD hedge positions gained a net $3.36 allowing me to close ...

Grid-Hedge Reboot

Thank you kraven... Best, Dave

Grid-Hedge Reboot

Update as of 8:30 pm est, Sunday, November 6, 2016: EURCAD/EURAUD Hedge CADJPY/AUDJPY Hedge NOTE: I was at a family function when the markets opened at 5:00 pm EST, so I missed the opening 200 pip plunge in the EUR markets... it blew through my ...

Grid-Hedge Reboot

@hautboyz When a EURCAD buy position hits -100 pips, it will be hedged by a EURAUD sell position. Likewise, when a CADJPY position hits -100 pips, it will be hedged by a AUDJPY sell position. These hedge positions are stated in my daily update ...

Grid-Hedge Reboot

Update as of 5:00 pm est, Friday, November 4, 2016: EURCAD/EURAUD Hedge CADJPY/AUDJPY Hedge Current open trade(s): EURCAD; buy 238 units @ 1.4947 (opened 11-4-16); TP @ 1.5047 (EURCAD position #1) CADJPY: buy 234 units @ 77.01 (opened 11-2-16); TP @ ...

Grid-Hedge Reboot

Update as of 7:45 pm est, Thursday, November 3, 2016: EURCAD/EURAUD Hedge CADJPY/AUDJPY Hedge Current open trade(s): EURCAD; buy 237 units @ 1.4847 (opened 11-1-16); TP @ 1.4947 (EURCAD position #1) CADJPY: buy 234 units @ 77.01 (opened 11-2-16); TP ...

Grid-Hedge Reboot

Update as of 10:40 pm est, Wednesday, November 2, 2016: EURCAD/EURAUD Hedge CADJPY/AUDJPY Hedge Current open trade(s): EURCAD; buy 237 units @ 1.4847 (opened 11-1-16); TP @ 1.4947 (EURCAD position #1) CADJPY: buy 234 units @ 77.01 (opened 11-2-16); ...

Grid-Hedge Reboot

Update as of 5:25 am est, Wednesday, November 2, 2016: Current open trade(s): EURCAD; buy 237 units @ 1.4847 (opened 11-1-16); TP @ 1.4947 (EURCAD position #1) Today's closed trades: EURCAD; buy 236 units @ 1.4747 (opened 10-30-16); TP @ 1.4845 (= ...

Grid-Hedge Reboot

Update as of 7:35 pm est, Tuesday, November 1, 2016: Current open trade(s): EURCAD; buy 236 units @ 1.4747 (opened 10-30-16); TP @ 1.4847 (EURCAD position #1) Today's closed trades: None Pending orders EURCAD; buy 237 units @ 1.4847; TP @ 1.4947 ...

Grid-Hedge Reboot

Update as of 7:55 pm est, Monday, October 31, 2016: Current open trade(s): EURCAD; buy 236 units @ 1.4747 (opened 10-30-16); TP @ 1.4847 (EURCAD position #1) Today's closed trades: None Pending orders EURCAD; buy 237 units @ 1.4847; TP @ 1.4947 ...

Grid-Hedge Reboot