Exactly! #1 would be best but #2 is good also. The best is the first "trend shift" back into the larger daily trend. Good job.

Channel surfing!

AUDNZD trend shift.

Channel surfing!

Most of the time I am using teh original 4H channel method BUT, to help simplify the 4H trend we are now using the ZIGZAG instead of the 4H channel. If you see, both are trading in a daily up trend and "Shifted" below the daily channel mid point. ...

Channel surfing!

Attached is a rules document for the Channel Surfing Strategy. I hope this helps. Let me know if you have questions. Sometimes ideas dont come out as clear as I would like. And also, dont forget to vote in the poll! Hopefully someones getting ...

Channel surfing!

Hey fellow surfers! Sorry for the extended time off. I took the fam to disneyland over the last week. The markets can wait sometimes. Even though I did hear it from the wife a few times as I checked some positions while standing in the 2 hour lines. ...

Channel surfing!

Im not sure I fully understand what you mean by "top-catching trade'. This still fits within the theme of the entire thread I think. It was in a daily down trend, the pivot had been broken to confirm the downtrend back around the 2nd of oct. Then ...

Channel surfing!

LONG USDJPY - 78.41 4H zigzag uptrend confirmed. Getting a trade off prior supply that looks to becoming demand. SL - 78.20, TP - 78.65

Channel surfing!

It is above. Its not WAY above, but it was above. This was a textbook trade. If you took the trade at the supply level and put the stop above the pivot your risk/reward was great and the trade worked just as it should have. For those keeping track. ...

Channel surfing!

I saw this trade late or I would have gotten in directly at the trend shift. Stop could have been much tighter. Above the last swing high.

Channel surfing!

NEW TRADE: Short - EURCAD 1.0075, TP 1.0015, SL 1.011 (FYI - Zigzag pctfilter set at 1)

Channel surfing!

[/quote] Yes, as you can see in the charts posted yesterday, the NLZZ needs to confirm the trend of the daily. It doesnt need to be "pointing up" or "point down", it needs to be in a confirmed down or up trend. Then trades are taken at the last ...

Channel surfing!

"Trade with the trends, rather than trying to pick tops and bottoms." "In uptrends, buy the dips; in downtrends, sell bounces." CORRECT! "Let profits run, cut losses short." - In a perfect world, yes. But this mindset, without a plan or TP plan can ...

Channel surfing!

ART, nice thing about this way is you dont need to wait for candle closes. You can place a bunch of limit orders and wait for them to hit. For example, GBPCHF - You could set a limit sell order to sell at 1.5130 (trend shift). Might not get up there ...

Channel surfing!

Its not going to confirm FOR SURE price is heading back into the direction of the bigger trend but its a strategy that does what I KNOW works. Trades with the longer term trend, after a counter trend move (thus why we take trades above or below the ...

Channel surfing!

Any questions on the new setup? I will start posting trades with SL and TP levels using the ZIGZAG. Let me know if you have questions. Thanks

Channel surfing!

Sorry, ignor the buy sell lines. I'm testing a long term trend concept trading all paris.... I'll report the finding once I have enough data to prove the concept. Hopefully they dont take away from the main concept of the multi trend and supply and ...

Channel surfing!

OK, so some people are having a hard time with the multi trend analysis and repaint issue. As you know, I am a price action and supply and demand trader that puts a focus on proper MM. With that said, multi timeframe trend analysis (Daily and 4H) is ...

Channel surfing!

Are you using the upper border for the ladder up? I thought you only used the balance of day. You use the border levels also?

TST levels

I wouldnt open a buy position against the 4H trend.

Channel surfing!

OCD, thats very strange. I think its a matter of brokers. Remember, we are trading the wild wild west of FX trading. I would love to say you can trust EVERYTHING you see in this business but thats not always the case. With that said, if the trade ...

Channel surfing!