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- abc997 replied Apr 25, 2009
Thanks for advice Buddies Rastaman and WilteredFire. I am a human not an EA. Trading involves both technical skills and mental skills. If the trading method works, but confidence doesn't, no profit can be made. I think it is good to do thing ...
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
I am very happy to share information here. My learning has not been possible without the sharing of information by others. I am using a demo account, but I am not even comfortable to make an order, after a series of loss trades a while ago. Now, I ...
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
Well done WilteredFire, but I was thinking it is a bit risky to take trades outside S3-R3 range even for scalping. Don't you think so?
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
We need all conditions meet within 2 bars. I've never seen there is a case where the laguerre jump from below 0.15 to above 0.75 within 2 bars, that mean I haven't encountered the problem that you've asked.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
There are good trends today. and TrendFollower work very well in many occasions. Can't post that much...
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
Amazing!!!! It rebound for almost 200 pips from where you predict...
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
Bingo Pilatus... it rebound from the level you said, right after you said it. Thanks, the mystery of your yesterday 2 trades revealed, they were not any Grade A type pattern I would expect.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
Great to hear your valuable view... please continue... and please tell me how did you from the S/R in your 2 trades yesterday. I may not take these signals, but it go very well. Also, the hit rate of my using TrendFollower is high these days. Thanks
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
The trend is running strong on HTF, but the rainbow expanded too much and it is approaching R3. I would think it is a small gain.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
Assume that you know what is price-channel, by outside-channel trend, I mean price movement which is trendy, and current price position cannot be framed within a price-channel of the recent days. In case you are not sure what is price channel, see ...
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
For Option (1), how long will it take to give a breakeven?
Optimized Trend Trading
- abc997 replied Apr 24, 2009
Didn't expect this one is so profitable... where is the S/R, is the 0.8960 the one? Or (H+L)/2 on HTF? Any comment?
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
This one happen 1-hour later is similar (M1 Asian). Although rainbow is not contracted and price moved outside S3, trend on the HTF is strong and keep breaking new low - excellence for trend following.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
On the H1 timeframe, we can see the price are exploring new low (days lows has been continuously breaking) and get a bit consolidation at the current R1. The Trendfollower signal is a good one to tell trend continuation after consolidation.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
This seems surprising. But if we look at the HTF, it is much less surprising or even a bit obvious.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
More to share... — If you look at the figure below, it seems not so attactive to take the signal, since the rainbow looks expanded, and it is heading towards a resistance line. Also, it is an Asian session.
Trend Follower 5 Minute System
- abc997 replied Apr 24, 2009
I want to share more rounded number S/R figures. Although the price is within a price-channel in the HTF, the rounded number S/R, (which has been formed in the HTF), seems to be quite useful. Any comment? (Be warned that these are M1 figures in ...
Trend Follower 5 Minute System
- abc997 replied Apr 23, 2009
Thanks Pilatus for sharing! Great to see that you have another two great trades. Congradulation! I can see both of your trades have some blueprint characteristics of your example trades, but they are not as perfect as the example trades you gave, I ...
Trend Follower 5 Minute System
- abc997 replied Apr 23, 2009
Thanks Pilatus! Still doing experiment with it. It is a bit theoretical, because I cannot actually react that fast yet. Can you share your eur/jpy and aud/usd trade today? cheers!
Trend Follower 5 Minute System