Time exits...interesting concept never thought of it. i dont use targets either but never thought about time exits. I think my best option is what you say, get some data on time stops. Most days I just trade eur/usd because of low TF's and plenty ...

Trend Trading All Pairs

Sure buddy. You're right Also remember that momentum exceeds everything, especially trading trends. Momentum is what takes us from A to B. No momentum, no trade. In fact on a side note, for my own trading im considering implementing some kind of ...

Trend Trading All Pairs

Just remember that price action and "time" are 2 very differrent things. Time is what frames price into segments. There is no time in price action. Price is price no matter the timeframe you look at. Not to confuse you mate.

Trend Trading All Pairs

Ye that does make sense. I suppose its relative just like you say... less volatility, tighter stops, smaller targets, yet it balances itself out. As for range bars ive never tried them but from what i understand each bar opens and closes by a set ...

Trend Trading All Pairs

I agree with you saying that it is hard to maintain a solid edge in ranging conditions. Some "ideas" I have are with regards to the following: - We know that a range can also be interpreted as a trend. If a range has been formed on (for example) a ...

Trend Trading All Pairs

Curious — Im wondering if somehow it is possible to develop an approach that works both in trending and ranging markets simultaneously. Theres a thread somewhere (carnt remember right now) where to take action they rely only on the previous ...

Trend Trading All Pairs

Havent read market wizards yet nor O'neals book. If you do decide to pyramid make sure that each trade be looked at individually. Dont add-on unless your previous trade is at least break even. I know its common sense but it is still important to ...

Trend Trading All Pairs

Ok i see. I sepparate them into winners, losers, be's, but thats just me. So you say 10% winners, then the rest a mixture of b.e + losses. ok got it. Im noticing that as long as one can keep the concepts mechanical, then when combining p.a + ...

Trend Trading All Pairs

Hi Survivor, Thanks for your reply. Like i said, i dont trade the dance method but i have my own method which is similar. About HTF i like this about the dance. I dont tend to look at higher TF ma's since i pretty much trade just one timeframe. I ...

CHOROS System

I used to use fixed take profits. What i learnt is that: 1.- fixed TP can limit your returns considerably. 2.- If you want to TP why dont you just do it manually ONLY WHEN price tells you, instead of on an arbitrary RR? 3.- We never know what price ...

Trend Trading All Pairs

Totally agree with you. I think with regards to the psychological aspect it really comes down to how the trader manages the position if you will. 1.- You can open trade 1, move to break even when price indicates it, open trade 2, move to break ...

Trend Trading All Pairs

I pyramid on 5m. Sometimes the 1m charts (rarely though). MM and pyramiding are different beasts and should be treated individually. Together, if "well lubricated", can produce ridiculous returns. But like custos says not many do it and it is in ...

Trend Trading All Pairs

go for it: url Take your time reading it. It will open your eyes rgds

Trend Trading All Pairs

No worries buddy he knows his stuff inside out. That thread is in the bin for some reason but it is full of amazing wisdom. If you figure some of his stuff out let me know! Im still trying to grasp some of it lol.

Trend Trading All Pairs

Interesting — Hi Custos, What do you think about this? Many interesting things he speaks here in that thread. url

Trend Trading All Pairs

Hi duffypratt, Thanks for your reply. I myself trade in a similar fashion to this method but I scale a lot as it goes in my favor. The reason im asking is simply because this method is in fact very similar to mine. And because i scale in a lot i ...

CHOROS System

Hi Micardo, I agree with you here. Systems per say i imagine can break eventually if based on anything but price itself. Over time i imagine price can change its "attitude" but the underlying factors of price will always be there. As long as there ...

Trend Trading All Pairs

Awesome Content — Hi folks been lurking and watching. Solid method being played out here. Quick question, what do you guys use as to limit the trades in a day "movement-wise"? ADR or something else? I notice you guys work a lot with round ...

CHOROS System

Yep as time goes by the more I realize this. I remember last year on webinar with Sam Seiden. I was still too "green" to get it, now i do. I asked Sam: "How do you determine when you have a complete trading method"? His answer: When you have no more ...

Trend Trading All Pairs

ye i see where your coming from. I can trade the higher timeframes. In the end price is price. Time is relative but price is the same on a different scale. Fractals if you will. Trading higher timeframes helped me personally with patience to stay in ...

Trend Trading All Pairs