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

Good old Aussie ASX200 is bearish at the moment. image Here is the H1 entry graph. image

Diversified Trend Trading Approach

Almost closed out of the trade at 20 Nov 2014 at 14:00 but still alive to tell the tale. Note that we haven't looked at a short before so I have defined R on this chart to get you familiar with where the stop is placed. It is the exact reverse ...

Diversified Trend Trading Approach

GBPUSD has allowed for numerous short trades since 15 Jul 2014. Here is the current trade. The Daily Chart. Note where the green dotted line is placed for a continuance of the trend. image Now onto H1 for the entry.

Diversified Trend Trading Approach

Here we go on H1. image You are probably getting the jist of long trades. We have some short trades now coming up.

Diversified Trend Trading Approach

Now to CADJPY. Once again this currency pair has been on a great trend and I have taken numerous bites on this cherry with a significant win result on one of them. The preceding trade was entered on 11/11/2014 at 07:00 GMT+1 but a glance of the ...

Diversified Trend Trading Approach

Entry was taken when the Donchian on H1 was breached with a new high signalling a breakout in the direction of the Daily Trend. A standard deviation channel was then drawn from a prior significant low (or swing low) the the bar immediately preceding ...

Diversified Trend Trading Approach

Starting with AUDJPY. Note that this is the second trade undertaken on this trend as the prior trade which commenced on 23 October was closed out in profit following a breach of the 0.5 std dev channel. Anyway, following the prior trade close this ...

Diversified Trend Trading Approach

Hi again I thought I would commence running a trade journal with updates hopefully everyday to get those interested into the swing of things. I will therefore give a synopsis of current live trades and their entry conditions and then update the ...

Diversified Trend Trading Approach

Hi mkfx - Trade time for the backtest and Chart time is GMT+1. Regards Copernicus

Diversified Trend Trading Approach

Hi mkfx Please find attached backtest history. Note that Trade Capital Account is $200K for this backtest. All profit is taken off the table and not re-invested. No account compounding. Note also that some trades are still active hence no close ...

Diversified Trend Trading Approach

As with all trend trading approaches the intent is the same, to get into the trade once a trend is confirmed and let the profits run. The use of the standard deviation channels however is for trade management purposes predominantly, to validate that ...

Diversified Trend Trading Approach

The chart setup is crucial to the strategy. I hate missing an opportunity so trades can be executed at any time at all hours. Comprehensive alerts are therefore critical to the strategy. For many of you a 24/5 lifestyle is out of the question but a ...

Diversified Trend Trading Approach

The reason why I refer to this as a diversified approach is that I trade 24 instruments. The principle behind this is to only trade significant trends yet assist in achieving a regularity of income stream. The consistency of income and minimal ...

Diversified Trend Trading Approach

We are currently deep in profit with no sign the trend will end. Note that this is a spectacular trend so don't think this will happen all the time. As you can see however we do not have a profit target with this strategy as we let the profits run ...

Diversified Trend Trading Approach