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Saintsurfer replied Jan 13, 2011A good patience test — The trendline I mentioned yesterday was not of any signifisance and the euro is already at the descending trendline which may have more resistance power in itself. It is again a good place for sell. I will hold my ...
Trend following systemEUR/USD
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Saintsurfer replied Jan 12, 2011It really looks like the market is strong to the upside, but I am not going to do anything so far, as long as the long term trend is still down. It is actually a good place to sell now(retest of the broken trendline on daily, just I would like to ...
Trend following systemEUR/USD
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Saintsurfer replied Jan 7, 2011Trend is your friend — It`s nice to see that the old good trend resumes. I was afraid a little bit that i will need to close the positions at loss if the daily candle would have closed above 1.3414,(it would have mean trend change for me) but ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 30, 2010Meaning that I shouldn`t have closed any price higher is ok, as long the trend is down. And it still is. I will change trend direction when a daily candle close above 1.3414. I will hold all sells until then, but no a day longer.
Trend following systemEUR/USD
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Saintsurfer replied Dec 21, 2010It looks it will break today the trendline on daily,- more confirmation for the trend. I am already reentered. I shouldn`t closed at all actually.My silly mistake. But on the other hand the daily candle isn`t closed yet so it could bounce up to test ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 17, 2010Thank you
. You are right, trend hasn`t changed. I can reenter whenever I want and it will not be a bad thing as long as the trend hasn`t changed. The trend really rules it helps to be concentrated. It looked kind of strong support yesterday and it ...Trend following systemEUR/USD
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Saintsurfer replied Dec 17, 2010Market is in consolidation, support 13160-200 hold, also christmas time nearing, so I desided to close all my positions for now. The trend is still down and nothing has changed. I will be interested in participating for sell when market is near ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 15, 2010I will not say anything special, but trading a long term position trading strategy we can increase our performance significantly, by adding in to the long term trend using intraday price action on a strong trendy days. There are always such days ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 15, 2010regarding the EA, I wonder what settings I set wrong that it do not take any trades at all? thanks
Central Banks & Big Players
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Saintsurfer replied Dec 10, 2010This is basicly what I do trading long term trend following/position strategy in short 1)When do I think that long term trend has started? It is when the long term support or resistance get broken. 2)When do i think that the trend is in full charge? ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 6, 2010Euro is falling again and the prefered scenario is rolling out. But even though there are more chances that price will go through the 1.3 with a song(1pic) it can also make a higher low or double bottom and reverse(2pic.). But it is just my thougts ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 4, 2010It is all in the first post actually. It is a swing thats need to be broken not a one candle. When first the average is crosed with a daily candle, we look for another candle to break a swing. The candle that breaks the swing my be next after the ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 4, 2010You can just close some part of the positions and reenter when you think the trend is resuming. The hedge trades are actualy the same, it is just how we look at it.
Trend following systemEUR/USD
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Saintsurfer replied Dec 3, 2010I had a hedge position opened from 1.3227 and closed it at 1.3400. I am still holding the sells, the biggest part of them. Trend has not changed yet. I expect it to resume very soon. But it is just what would be natural, in reality everithing can ...
Trend following systemEUR/USD
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Saintsurfer replied Dec 2, 2010It is actually logic that price got down, not only because the overall trend is down, but also because price was at resent high,- which worked as resistance. But I don`t think that it has any value to improve the method, as long as the stop loss is ...
Central Banks & Big Players
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Saintsurfer replied Dec 2, 2010It is funny, the two first pips was up at my broker, but I entered short by acsident. Just a luck. It looked like it will move that way the last minute before open.
Central Banks & Big Players