Hi Reputake, yeah there are 2 strategies for money management, I have presented here the conservative approach because I didnt want people to have a run of 4 trades hit their stop loss, lose heart and then start messing with the rules.... because ...

Buy sell line trading

I know i have said it before, but i think it is worth repeating... If you think this strategy might suit you, but you perhaps have some doubts because its simple and "surely there's got to be a catch" then you will have poor results trading it, in ...

Buy sell line trading

First thing to note is how flat the ma is... then after taking the first entry you would of sat in a few pips profit for a long time, so i would just wait for price to move, there's nothing in that price action that would make me consider a 2nd ...

Buy sell line trading

yeah just the way it goes sometimes... you just have to keep consistently following the rules and allow for steady account growth... A period of trading and breaking even isn't a bad thing... We can never guarantee anything in trading, we can just ...

Buy sell line trading

yeah that was the other candidate for entry line, will have to forward test, i usually do 2 months trading in a demo account to try these things out, i find it gives more realistic results... will see how it goes this week.. what jumps out at me ...

Simple trend trading strategy development

Definitely not open a new trade.... you already have a position in the market with a healthy profit, the trade is moving in your direction, so just follow through with the plan. just my opinion...

Buy sell line trading

I want all the pips

Simple trend trading strategy development

MORE.... NZ/YEN H4

Simple trend trading strategy development

n.b this is very nearly a complete strategy, the only element that needs resolving is invalidating the set up.. I'm working on it and will post results in forward testing... For now im thinking a long trade set up where price trades below the low of ...

Simple trend trading strategy development

More trade examples on au h4 all valid trades marked

Simple trend trading strategy development

TRADE EXAMPLE EU H4

Simple trend trading strategy development

skype room decided to limit the skype room to 25 traders to keep it streamline and less confusing it is for trading the rules on page 1 only got 5 more spots available, p.m me your skype contact if you would like to join in

Buy sell line trading

good stuff.... i did 2 months of it before i went live with this... something i do when testing (and trading) is work on taking profit at 1/1, moving stops to b.e at 0.5/1 and using 2% on each trade, from that you will get an accurate ...

Buy sell line trading

glad its working for ya Jay

Buy sell line trading

good exercise over the weekend is to go over every valid H4 trade on the pairs you trade and make a record of results based on the rules in post 1... something I do every week... doesn't take long and will highlight places where you made the wrong ...

Buy sell line trading

ECAD H4 hit TP +3.1%

Buy sell line trading

thats interesting, i only included 2 yen pairs in those charts to get a broad mix, have you been watching all the yen pairs? must of had some good signals there? also are you checking the type 2 entry, that should fill in the gap with missed signals ...

Buy sell line trading

LAST 3 CHARTS..

Buy sell line trading

Ok thought i would post a little update of signals for the week... just selected some of the top crosses that people trade. Arrows denote every valid signal bar that triggered in accordance with the rules... Results are.. 10 PAIRS H4 TF 22 TRADES 14 ...

Buy sell line trading