Let's talk about trends I'm confused 16 replies. Attacking the problem of different timezones and the delay to enter trades 66 replies. Identifying Budding Trends with Bollinger Bands 1 reply. Macro Trends 2 replies. Attachments: Attacking Currency Trends. Exit Attachments.
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Let's talk about trends I'm confused 16 replies. Attacking the problem of different timezones and the delay to enter trades 66 replies. Identifying Budding Trends with Bollinger Bands 1 reply.
Macro Trends 2 replies. Attachments: Attacking Currency Trends. Exit Attachments. Attacking Currency Trends. Do you belive in religion or politicians? First Post : Oct 3, pm Oct 3, pm. Commercial Member Joined Jun Posts.
Hi i will start posting set ups with 2 single MA. Edited Oct 4, am Oct 3, pm Edited Oct 4, am. Attached Image. Oct 3, pm Oct 3, pm. First day results. Attached Image click to enlarge. Joined Mar Status: Member Posts. Awesome Result, I am subscribe, let's see were this leads us to, maybe it might be the "Holy Grail".
Oct 4, am Oct 4, am. Quoting francisakz. Joined Sep Status: Member Posts. Quoting FxAndres. Quoting Phreddy. That day's result is also most impressive. The rules are this: 1. There are a few reasons why trading the trends offers the best Opportunity to make the most money: Trends move in one direction with higher highs and higher lows when in an uptrend, and lower lows and lower highs when in a downtrend. If trading with the trend, the account equity should not go negative and should continue to go higher with each successive directional trend leg up or down.
Trends tend to move faster with corrective waves that are shallow and sometimes quick. This should keep profits accruing at an accelerated rate. The faster a trend moves, the better chance a successful trader has to manage the trend without getting scared and covering. Plus, the trader has more money to play with in the account, which also works to his or her mental advantage. Often a trend trading range can be multiple of the range of a nontrend.
A larger range increases the potential for a larger profit. Trends are a powerful profit dynamic for traders and one that should therefore be a focus if the trader is geared toward making the most money.
What retail traders do not realize is that for the same reasons that trading with the trend is so proffitable, trading against the trend can be devastating to the account equity.
When a trader trades against the trend: Instead of profits accruing quickly, losses accrue quickly. Instead of leading to profit, the larger trading range leads to larger losses.
Instead of account equity not having a chance to go negative. If you want to see equity disappear from your account quickly, then simply trade against the trend. Ok i will stop for few time. Step by step we only will use 2 MOving Averages. I think the chart is so simple and dont need explaniation. Moving Averages ; Attached Image click to enlarge.
Attacking Currency Trends
You are currently using the site but have requested a page in the site. Would you like to change to the site? Greg Michalowski. To thrive in the marketplace traders must anticipate, enter, and stay with trends in the foreign exchange market. In this much-needed guide top forex, expert Greg Michalowski clearly explains the attributes of successful traders, and shows how traders can set themselves up for success by drafting an explicit mission statement and game plan.
Attacking Currency Trends : How to Anticipate and Trade Big Moves in the Forex Market
Attacking Currency Trends: How to Anticipate and Trade Big Moves in the Forex Market