Update 28th USDJPY - UT in place USDCHF long from 1.0490 TP 1.0555 SL 1.0464 UT in place USDCAD -16 DT in place GBPUSD Long from 1.6161 TP 1.6275 SL 1.6119 UT in place GBPJPY -75 EURUSD short from 1.4049 TP 1.3938 SL 1.4088 EURJPY DT short from ...

Mechanical trend trading

Hi crawling into bed now dont feel too good but will answer quickly Yes I have systems that crash and burn I also have systems that work but have draw down..you may day trade but need to look at profit loss monthly. My biggest fault is I get an itch ...

Mechanical trend trading

Hi Working on the trend line thing we need to be singing off the same line but difficult nut to crack.. If I get another signal once im in a trade I have to ignore it ..it complicates my MM lols BUT if I missed the original signal then I take ...

Mechanical trend trading

UPDATE 27th — Update 27th USDJPY - +33 -13 DT in place USDCHF +32 -14 UT in place USDCAD -22 Next signal not taken lower high in place GBPUSD Lower highs and higher lows - No trend GBPJPY -24 DT in place EURUSD +136 EURJPY DT in Place EURGBP ...

Mechanical trend trading

Hi JT I never close a position early its the same in all my threads a TP is there for a reason starting closing 5 pips early soon it will be 10 then 15 etc... My SL is always 1/3rd of my prospective TP the only variable is numbers of contracts ...

Mechanical trend trading

Update 27th USDJPY - +33 DT in place USDCHF long from 1.0459 TP 1.0491 SL 1.0445 USDCAD -22 UT in place GBPUSD No trend GBPJPY DT in place EURUSD short from 1.4165 TP 1.4029 SL 1.4212 DT in place EURJPY DT in Place EURGBP still short from 0.8739 TP ...

Mechanical trend trading

Update USDJPY - DT in place USDCHF +43 - 20 pips UT in place USDCAD +64 +55 and long from 1.0619 TP 1.0691 SL 1.0591 UT in place GBPUSD - 25 pips after being up 70 pips and 6 pips from TP ..No trend GBPJPY -26 pips +260 pips chart posted DT in place ...

Mechanical trend trading

Jaula Hi I would go about it by only trading the trend I see which is down,as you can see the trend started nicely late DEC so for me to draw a long trend I would need the break up at B to be higher than C with a higher low put in..for me atm the ...

Mechanical trend trading

Well done fed your really cracking on with it.. You have a very good style you could easily open your own thread on this and get a huge following. Its good to see charts with just price action..I think you should write a PDF document on your 5 set ...

Mechanical trend trading

Update USDCHF +43 and short from 1.0407 SL 1.0424 TP 1.0366 USDCAD +64 EURUSD +48 and long from 1.4144 SL 1.4125 TP 1.4193 GBPJPY -26 pips EURGBP long from 0.8742 SL 0.8728 TP 0.8779 p

Mechanical trend trading

here is the 5min version of the above signal

Mechanical trend trading

EURUSD just triggered long we made a higher high so trade is valid for me As always RR 3:1 P

Mechanical trend trading

trades so far shown on charts USDCHF +43 and just triggered short entry S and TP can be seen USDCAD long from 1.0536 TP and SL can be seen EURUSD +48 and very close to another long GBPJPY loss of 26 pips waiting for long signal

Mechanical trend trading

A note on trends Read the chart ABC etc etc the trades E at this point we have no Higher high or swing high to act as our TP so we measure the last touch on the trend line to the last swing high and copy that as our TP I have marked this as the 2 ...

Mechanical trend trading

The reason I dont post charts with signals is time Prob more important ...I know it will result in a huge debate about interpretation the whole point of this thread is for me to try and formulate some rules I dont want to get into many hours of ...

Mechanical trend trading

have to be quick going out signal on USDCHF short 1.0420 19.32pm Uk time TP 1.0377 SL 1.0438 P

Mechanical trend trading

Ok so far today.. USDJPY no sig USDCHF +51 USDCAD no sig GBPUSD +71-30 GBPJPY no sig EURUSD -10 EURJPY currently short 127.71 TP 126.53 SL 128.13 EURGBP -10 P

Mechanical trend trading

Hi Fed alot of good stuff there..its a good style and consistant. Keep on posting I used to trade round numbers on day trading US stocks never really looked at it on Forex..I will continue to try and develop mechanical rules Kostas Do you wait for a ...

Mechanical trend trading

Hi Fed alot of good stuff there..its a good style and consistant. Keep on posting I used to trade round numbers on day trading US stocks never really looked at it on Forex..I will continue to try and develop mechanical rules Kostas I will try and ...

Mechanical trend trading

yes 2 brokers 2 different vols but Il take a look thanks Jaula for posting Today so far USDJPY -18 USDCHF +20-18 USDCAD + 60 currently long from 1.0472 TP 1.0524 SL 1.0454 GBPUSD no sig GBPJPY +50 -15 EURUSD +30+32-20 EURJPY +50-30 EURGBP -14 P

Mechanical trend trading