Well, my 1st experiment with this strategy crashed - 4 losses out of 5, only the eur/gbp was still open this morning and slightly in profit. I closed early just to have some small winner. I like marshallmax's thinking. Using the guppy takes some ...

Follow the prior Heiken Ashi candle for profits

Update 19:25 cdt - I entered one micro on the eur/usd, usd/jpy, usd/chf, eur/gbp, & chf/jpy. The aud/usd & the usd/cad was not entered. The chf/jpy is as exotic as I want to trade. Oanda has 60 plus pairs but I stick to about 18.

Follow the prior Heiken Ashi candle for profits

My Oanda Java platform opened at 4 pm cdt/us for the Asian Monday: I will wait 2-3 hours but plan on entering the eur/usd; usd/jpy; aud/usd (questionable); usd/cad; usd/chf; eur/gbp; & chf;jpy. I am letting the market settle in so to say, & by ...

Follow the prior Heiken Ashi candle for profits

Cave Manager or Cave Man, something like that, can do that although it might be more difficult than others. You can find here in the FF forums but I have never used it.

Follow the prior Heiken Ashi candle for profits

Why not a trailing stop? One could set a ridiculous take Profit, say 500 pips, and follow price with a conservative TS, 25-30, maybe 50. Moving the hard stop to BE seems essential too. How did you lose 175 pips if you had a 30 hard SL? Not following ...

Follow the prior Heiken Ashi candle for profits

I think a HA color change with a decent candle size would be filter enough for me.

Follow the prior Heiken Ashi candle for profits

I can't quite reconcile myself to a 30 pip SL & TP on the Weekly but your preliminary results look very good. I'm thinking of a hard stop of 30 pips and a trailing stop of 30 pips, trying to catch the runners such as you did with the Geppy in an ...

Follow the prior Heiken Ashi candle for profits

I won't trade sideways pairs, leave that to the scalpers.

Lets Automate a Simple Renko Strategy!

I read somewhere, possibly here in an earlier post, that if the Chikou lagging line could move into candles that are 5 or 6 ahead of the line, don't trade, price is moving into congestion. I'm never sure if someone else's opinion is valid, what are ...

Ichimoku for long term trading

The "200" means 200 periods so if you are using a daily chart it means 200 days; an hourly chart is 200 hours. It is just a way of seeing the overall trend in a single continuous line. Nothing fancy but a visual line that shows the overall trend. ...

Daily 14 Channel

The usd/jpy channel and 200ema looks awfully flat but could make a big break after the weekend is over. Ours to watch. p.

Daily 14 Channel

I have used O. for 2-3 years now, wouldn't change for anything. They have 2 platforms: regular mt4 and their proprietary Java. I don't like the Java as well as I could not set your D. channels, they don't have SMA "High" or "Low" - a very sparse ...

What's Better: Regulated Market Maker or Unregulated ECN?

Petr.K: do you set a firm TP or use a trailing stop? I never know what to do when letting a trade run overnight when I don't monitor an open trade. Thanks, piprac.

Ichimoku for long term trading

Exactly my observation, when did the trend start? Well above the cloud. But I will still look for opportunities.

Ichimoku for long term trading

It didn't matter in this case, price hit my Sell Stop and then reversed to hit my 50 pip SL. The old "don't trade the Asian session" bromide holds well. p.

Ichimoku for long term trading

This is what bothers me so much re. Ichimoku: a drop from 1.5220 to 1.4400 before I get a possible entry on todays candle, Daily changeover at 4pm NY time. An awful lot of pips wasted before a "safe" entry. And of course the PA only traders would ...

Ichimoku for long term trading

Okk I sometime using H1 or H4 for adding on positions ... Your chart look pretty different to mine but really different !! /quote] Oanda's default Ich. settings are 7-22-44; that might explain the visual difference. Plus you can have 5pm NY ...

Ichimoku H4 D1 trading system

image My 1st try with this strategy, I got nervous so I got out much too early but would not have made my default TP of 20 pips. The bottom gray line is entry, upper one is exit. I don't think I can ever be comfortable with a risk 2X the TP so I ...

Simple "Make Pips" Strategy