Yes I do - one of my add-ons was hit tho (not the original entry) from Oct 29th (didn't enter on sunday candle - mistake I think). And yes! I will definitely be adding. Only one GC position open (max 3 remember). This pair is still active as it has ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

I was just stopped out on one of my GBPCHF positions - no worries tho as I will pick it up on the way back up; either on an uptick, or with the anti-hedge method. Other positions are nice & +++ Also, I have some contractors on the way to install the ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Excellent guys - nice to hear! Now I don't feel so lonely up here It figures coolshades - you went in on the one pair that is down right now. Not a gloat but just so you know this works - if you had entered on the full basket you would be at ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Another Add-On — Well something tells me I am all alone here with having positions open as both here and privately (Skype) I have had quite a few mentioning they pulled out with 1000+ pips. For those who exited positive . Hopefully ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Yes EURAUD is the one exception in the group as the overall trend favours the bears more than the bulls (more of a downtrend since 2004). I have to say tho that this one pair could probably be traded both ways. The trend is definitely not as steep ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Hi Alcastro, MFI is a volume-based indicator. As such, the volume levels you will be seeing with your trading platform will be based on the volume of your particular broker. If your broker has a reasonably large trader base, it should be reflective ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Very nice arhemsi!! Trendsmasher was built around the 'buy & hold' mentality. Only go with the long-term trend so no! No counter-trend trading here! Good luck! D.

Trend Smasher - Profitable Mechanical Long Term Position Trading

I understand fully! The first time or two I traded this live I exited early more than once. The majority, if not all of them, ended up more positive and I would have cashed in quite a few more pips if I had held onto the positions to fruition. It ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

I am going to jump in here again with some annoying repetition (consider it 'coaching' or 'spotting')!! At this point, for those who have been following this & adding on, we are up to around the 1500+ pip area. Nice eh?? I know that some of you ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Hey all, At this point you will notice that all entries & add-ons are quite nicely in profit. The last thing you want to do, however, is close them out. I would hope that all of you are using demos for this or, at the least, small positions in order ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Hmmm.. I believe I covered this in a previous post, but just in case: First off you will notice that the highs & lows of the MFI will start to consolidate (it's active range will narrow). You may go for a few months with no entry as it will almost ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Most definitely lepiricus. Price is about 100pips below our entry at the moment - definitely a better price Let's hope GJ resumes it's usual trend soon.... D.

Trend Smasher - Profitable Mechanical Long Term Position Trading

When I originally backtested this I went back about 4 years on each pair. It can be a time-consuming endeavour and at this time I personally am more concerned with the live forward test. Backtesting is great, but there's nothing like testing these ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Hi Freed, I am actually forward testing this on the daily charts using 1xATR as the initial stoploss. It looks like it may be profitable there as well. Exits based on close of daily candle on other side of an amigo still applies as does moving your ...

3 Amigos Intraday

OK buoys & ghouls, we have our first add-on this evening. We would have had two but GBPJPY has flattened out over the last hour or two. CHFJPY had a downtick yesterday. Today we will be ending in an uptick. We are at or about the same level as our ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

The Test — For those who entered GBPCHF yesterday, now comes the big test! We are seeing a profit of over 100 pips - we all know this can go either way; into more profit, or less profit (even negative). Patience will pay off .. feel good ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Hey, thanks a bunch Freed!! Now I don't have to post those . Yes those are definitely entries at end of candle along with GBPJPY. I prefer them spread out a bit, but sometimes they do cluster like this - just goes to show how correlated this ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

Oops.. sorry I read that as "how do you monitor the end of the trade" .. Attention to detail!! lol The one thing I have noticed is that as the long-term trend starts to subside, you will get fewer entries as well as fewer fully fulfilled exits ...

Trend Smasher - Profitable Mechanical Long Term Position Trading

First Entry — GBPCHF is now active (first entry & ready for add-ons). Stop-loss 274pips (2xATR(20))

Trend Smasher - Profitable Mechanical Long Term Position Trading

Hey Coolshades, Love the pic! You release all of your positions once the MFI has entered the sell zone (upper line on all pairs except EURAUD) and downticked. It isn't always at the exact top, but usually of quite significant gain ... I hope this ...

Trend Smasher - Profitable Mechanical Long Term Position Trading