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Winston Reed replied Jan 4, 2011I'm also in USDJPY on a bounce from upper TL. Was in profit as you can see and it has retraced.
Trend Following - A Complete Guide
- Winston Reed replied Jan 4, 2011
I'm in this trade since this morning. So far hasn't moved significantly. Took bounce off the TL with stochs starting to exit overbought.
Trend Following - A Complete Guide
- Winston Reed replied Jan 1, 2011
I use 5,10 ema as a way to monitor trends within the trend. For example let's say a pair is trending down and I've been taking shorts on the way down. If the 5,10 ema crosses against the daily trend then I stop taking trades and monitor. Sometimes ...
Trend Following - A Complete Guide
- Winston Reed replied Dec 30, 2010
Not to dwell but I strongly believe caution is in order for new traders. Having been there and had 20+ pairs on my screens I can attest to that being overwhelming especially when there are many set-ups occurring simultaneously and your trying to ...
Trend Following - A Complete Guide
- Winston Reed replied Dec 30, 2010
Newbies should be very cautious trading numerous pairs with any trading method. Take a couple or few pairs and really get to know them first. I have been trading for about 27 months and I only trade the majors. There are plenty of trends to get in ...
Trend Following - A Complete Guide
- Winston Reed replied Dec 27, 2010
Enjoying these last several posts. I take trades off the daily chart but use the 4 hour chart to enter. After a bounce off the daily trend line I enter on the open of the next 4 hour candle. I put a stop at the top/bottom of the 4 hour candle ...
Trend Following - A Complete Guide
- Winston Reed replied Dec 26, 2010
I'm always intrigued by discussions of price action. Proponents of so called "price action" seem to feel they have an edge on those who lean towards other indicators. The candlestick is the most recent indication of PA but even it is lagging. ...
EURUSD
- Winston Reed replied Dec 26, 2010
Looking foward to more Micardo. I have been trading for a little of 2 years and now use a trend trading method which I hope to post in my own thread at a future date.
Trend Following - A Complete Guide
- Winston Reed replied Dec 16, 2010
Enjoying the new thread. Would be great to see you use presented information so far and apply to a currency pair as it stands right now.
Trend Following - A Complete Guide
- Winston Reed replied Dec 15, 2010
I'm trend follower too but often have difficulty getting in on a trend in progress. Looking foward to reading more on your system.
Trend Following - A Complete Guide