Hi Blackeagle Have a very close look at the chart if you can enlarge it. The very first cross actually has a little step up on the red line immediately prior to the breach. It's pretty hard to see but enough for me to avoid it........and remember ...

Diversified Trend Trading Approach

A Donchian Channel as you have discussed simply traces the highest high (blue line) or lowest low (pink line) of price action in the period range we have selected (40 bars). When we are looking for long opportunities, we focus on the blue line for a ...

Diversified Trend Trading Approach

Many thanks for your words of support bassramy. It's great to have an experienced trend trader on board. Unfortunately I committed to USDCAD too late in execution and did not wait till the retest. Your last post came to me too late to make me ...

Diversified Trend Trading Approach

Hi pakeha Can you please provide an example of your chart in question and we will go from there where I attempt to replicate what you have done in examples to troubleshoot. I have a live MT4 account as well as the IG markets chart platform I use ...

Diversified Trend Trading Approach

I will keep my fingers (and toes) crossed :-)

Diversified Trend Trading Approach

This strategy is all about Trading Sustainability for those seeking to trade for a living. To be clear, to trade for a living imposes significant further risk with respect to many alternative trading strategies seeking higher risk-reward (R:R). ...

Diversified Trend Trading Approach

Below is a visual representation of the trade status of the portfolio I watch. Trade details of active trades on this portfolio have already been discussed previously. image Those instruments that are in Watch and Wait status are as follows: ...

Diversified Trend Trading Approach

.....and all trends come to an end. Farewell EURJPY....it was nice knowing you :-( image My next post will be a weekly wrapup on the trade status of the portfolio.....and then I will get into that which can only be utterred in orcish tongue ...

Diversified Trend Trading Approach

A busy night. Another trade entry on USDCAD. D1 image H1 Entry Could have had a better entry on H1 with Donchian Breakout but so be it.........That's what happens when the alerts go off while you are scoffing some snacks and having a cuppa. :-( ...

Diversified Trend Trading Approach

A bit more to add Blackeagle. The more I think about it the more I believe the rationale for using D1 as a primary filter is as follows. Typically you could employ this strategy on H1 alone but inevitably you become cocky in presuming a trend is in ...

Diversified Trend Trading Approach

...also in DAX (2nd bite on this as well) D1 image H1 image

Diversified Trend Trading Approach

A bit of action following UK and Europe opening. A second bite at this cherry. DJI image ....and H1 image

Diversified Trend Trading Approach

About being patient and sticking to the strategy. Note how close I was to closing out this trade. What we call a bees proverbial!!!!!! :-) image

Diversified Trend Trading Approach

Hi Blackeagle Have a final check on your MT4 platform by selecting Insert - Channels - Standard Deviation. These sit underneath indicators as detailed in the screenshot below otherwise you will need help from an EA expert on this forum. image With ...

Diversified Trend Trading Approach

Last one.....this has been exhausting. With future updates I will simply post trade actions undertaken. NZDJPY image ...and H1 image Well that's the update over. Hopefully there are enough examples here for you to get the idea. Happy trading :-)

Diversified Trend Trading Approach

USDSGD Two attacks at this cherry. Here is the latest. image ....and for the entry. image

Diversified Trend Trading Approach

Update to USDJPY Note that I have already dealt with this in an earlier post. This is where it sits currently on H1. image

Diversified Trend Trading Approach

Hi pakeha The simple reason is that these were a broad range available through my broker (IG Markets). I do stay away from futures with an expiry date. That is just personal preference. The 24 I have selected are simply those I have back-tested. ...

Diversified Trend Trading Approach

Here is the FTSE which has been bullish since 16 Oct 2014. I have had two bites at this cherry. image Here is the entry graph on this trade on H1. I survived a hair breadth almost touch of the std dev channel on 20 Nov 2014 at 14:00. image

Diversified Trend Trading Approach

A dream run for the EURJPY thanks to quantitative easing in October in Japan. Here I was thinking I was on an average trend when it just took off. image and for the H1 entry.... image Noe this is a rare exceptional trend. I am deep in profit ...

Diversified Trend Trading Approach