What if the trailing stop takes volatility into account? E.g. An ATR based one. What if the future volatility is not determined by current voltility?

Exit Strategies

USDJPY — BOSS. BOSS is in a downtrend, under EMA 20. July 11 weekly bar was a BEOB, last week bar as an IB. This tells me that BOSS is still in bearish mode and will look for shorts only. image Worker. I am monitoring the 88.00 level where ...

Strat's Long Term Stress Free Trading

Hi Alexandra, thanks for the heads up, I'm watching it closely also and see the price action as you're seeing. Watching the close...

Strat's Long Term Stress Free Trading

Immediate BOSS Trend is bullish, price is above BOSS 20. Worker Trend is bullish, price above Worker 20. Hammer bounced off SR at 1.52 and EMA 20. Plan is, will take put an order above the candle for a LONG with TP1 at ATR1 at 1.5465 (which is also ...

Strat's Long Term Stress Free Trading

Hey mate, Mainly yes, that's what I am thinking about, although it is not a usual trade management EA. This is what I want to accomplish (already started to code it): there are 2 parts that the manager will do. 1) After I manually decide that the ...

Strat's Long Term Stress Free Trading

Thanks Strat! I will TP first 3rd of the position at the first SR level and keep trailing the remaining. You mean ATR? TP 1st part at 1 ATR?

Strat's Long Term Stress Free Trading

PASR and Trend Trading — Hello Strat, Why do you think that trend trading is so much harder than SR to SR trading? What I found out is that trade management is so much more difficult, am trying to catch trends with PASR - swings of trends more ...

Strat's Long Term Stress Free Trading

Welcome back Strat! Did you close it intraday after London failed to break higher? It is a bit confusing, it looks to me that it is consolidating above strong support at 1.25.

Strat's Long Term Stress Free Trading

I don't know what exactly did you get out of that phrase... It is obvious from CP charts and posts that he trades with the trend and if no price history exists neither are trends, no? That statement of his is one big ambiguous phrase. The thing ...

Extracted Thread (per thread starter's request)

Hi, Since you trade with the trend you might consider to trail the entier position and don't use profit targets at all. You don't know when a trend ends. My own mechanical exit (I trade Daily bars, EOD ) is a combination of trailing behind ATRs and ...

Taking profits for trend trades

Results — Hi David, I implemented an EOD backtest in MT, the EA setup is as follows: - A position is opened at market price at the first tick of the next candle following the setup candle. (Here it can be a bit different than yours if there ...

Candlestick Analysis - Do You Use It?

kratun, did you even read Strat teachings? I see you keep posting analysis that has nothing to do with Strat teachings. Please stay with the topic of this thread.

Strat's Long Term Stress Free Trading

stevegee58 this is indeed a solution, I'll think about it thanks. Adal, you're right about oanda downtimes but I think it doesn''t really affect me THAT much because I am looking to trade EOD and the opportunity window to place the market order is ...

Oanda automation scripts

Simple, don't trade. Really you need to accept & live with them.

how to avoid draw down?

Uh uh point 1) is a showstopper. I really need limit orders.

Oanda automation scripts

7bit I have 2 questions please, 1) can you open new trades & manage them completely through m.fxtrader.com? 2) Can't you bypass InternetExplorer and directly use a HTTP library of you favorite programming language? Thanks!

Oanda automation scripts

David, your test implied other parameters also? Like considering the market trend/context where they are found? I assume that taking trades in the direction of the longer term trend and/or taking into consideration SR zones could improve the profit ...

Candlestick Analysis - Do You Use It?

He's in vacation for the whole month of June.

Strat's Long Term Stress Free Trading

Agreed. And that's what Davidee did I believe. To answer Davidee question, I use only reversal candles: hammers, shooting stars and engulfing formations.

Candlestick Analysis - Do You Use It?

Ok I watched first half afterwards I decided not to waste my time with daytrading anymore. So what's a daytrading video has to do with this thread?

Strat's Long Term Stress Free Trading