- Search Energy EXCH
- abc997 replied Apr 23, 2009
This one I haven't taken, since it is approaching R1. But it turn out to be profitable.
Trend Follower 5 Minute System
- abc997 replied Apr 23, 2009
For this one, the pivot line is not a S/R, there is a less-clear S/R above the pivot line at around 98.20-98.25. The profit this time would be better about 15pip.
Trend Follower 5 Minute System
- abc997 replied Apr 23, 2009
For this second one, the TrendFollower signal is also backed by the horizontal line, which is a S/R in HTF too. Nevertheless, this time the profit is very small 2-3 pip. clearly not a good risk-reward ratio.
Trend Follower 5 Minute System
- abc997 replied Apr 23, 2009
Let me share four examples on M1 today. There are no "outside-channel" trend today. So to play safe, I need to have S/R to back the TrendFollower signals. In example 1 below there is a S/R on HTF around the horizontal line. The TrendFollower signal ...
Trend Follower 5 Minute System
- abc997 replied Apr 22, 2009
Oh, England is in the centre of the world when talking about forex trading. Yes, TrendFollower did not give signal during the S/R channel breakout today for EURUSD. Trendfollower will only give signal when trends has been established and prices ...
Trend Follower 5 Minute System
- abc997 replied Apr 22, 2009
Thanks pilatus, I think it make very good sense, no sure if a S/R breakout may happen today. Best Luck!
Trend Follower 5 Minute System
- abc997 replied Apr 22, 2009
Feeling riskier to trade in M1. Great to see more posting about it. So I can see how it perform. I am not completely sure if the risk/reward ratio is good, at least it is not as good as those in M5, I tend to be more conservative in seeing trade in ...
Trend Follower 5 Minute System
- abc997 replied Apr 22, 2009
Looking at the H1 TF of the major pairs, look like a good trend will not be established at the moment. Better stay away... right?
Trend Follower 5 Minute System
- abc997 replied Apr 21, 2009
Great to hear someone using M1. I would also like to share something about this TF. First, theoretically, it will give you 5 times more signal than M5 timeframe, and so you don't need that much patient. Nevertheless, since the spread is the same as ...
Trend Follower 5 Minute System
- abc997 replied Apr 20, 2009
Prices seldom breaks through S3, and even it break it would not be for much.
Trend Follower 5 Minute System
- abc997 replied Apr 20, 2009
It is C:\Program Files\MetaTrader - Alpari UK\experts\files\TrendFollower 2009 on my computer. Should be something similar in yours.
Trend Follower 5 Minute System
- abc997 replied Apr 14, 2009
It is C:\Program Files\MetaTrader - Alpari UK\experts\files\TrendFollower 2009 on my computer.
Trend Follower 5 Minute System
- abc997 replied Apr 8, 2009
Because I read the whole thread, especially those messages/replies by TheWicker.
Trend Follower 5 Minute System
- abc997 replied Apr 7, 2009
Don't worry. I think it is highly apprecipated if you post a good method which you have been backtested or used for a considerable period of time. For me, anything is possible, but proof with consistency is needed. Cheers!
Trend Follower 5 Minute System
- abc997 replied Apr 7, 2009
Pilatus, Congratulation! I can see your persistence and consistence now rewards you consistently, after your years of hard work! I am very pleased to see this! I hope I can get there soon, despite my initial failure at the moment. Two questions ...
Trend Follower 5 Minute System
- abc997 replied Apr 7, 2009
Thanks earret, Although my track-record is not inspiring, I do insist to follow some principles in trading practise. I will only use well-defined method with proved backtesting results. In trading, there is no "inevitable" price movement for me, I ...
Trend Follower 5 Minute System
- abc997 replied Apr 7, 2009
Thanks Earret, It sounds that you have used a different set of rules than that of TheWicker, and you can get 16 A+ trades for 1 pair each month, while there even not 16 valid (good or bad) signals a month a pair for me using the original rules. I ...
Trend Follower 5 Minute System
- abc997 replied Apr 7, 2009
Hi Earret, can you share your very profitable trade on 6 April on AUD/USD. Did I miss something there?
Trend Follower 5 Minute System