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- Hugh Briss replied Aug 14, 2012
You are right to an extent but it would be better if you were trading the hourly in the same direction as the daily. This move down could still be seen as a pullback in a daily uptrend. Of course there is nothing to stop nzdusd from just dropping ...
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 14, 2012
It varies from instrument to instrument but is between 25 and 45% on testing. It's worth mentioning that I don't trade the standard 20/20 system and have slightly different rules for adding trades and placing stops.
Automated end-of-day trading systems development
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Automated end-of-day trading systems development
Started Aug 14, 2012|Trading Discussion|2 repliesHello all. I am running a live trend following system at the following thread... {url} Also I ...
- Hugh Briss replied Aug 14, 2012
I think this thread is completely irresponsible. There's not a mention anywhere of not marrying a position. This could easily lead to a long term drawdown and who knows, maybe even a blown account?
Dating Tips for Traders
- Hugh Briss replied Aug 14, 2012
I don't think you will find a 'reputable' broker who will do that. You could look at some of the spread betting companies like IG Index (or whatever they call themselves now) as I believe they do something like that but then you're not in the realms ...
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 10, 2012
Looks ok but would taking trend into account improve things? Also is there a way you could add to winning trades?
Renko and Rads
- Hugh Briss replied Aug 9, 2012
Yes, if the daily looks ok and the hourly resumes the trend then you can reenter.
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 9, 2012
No, you keep taking hourly signals until the 100 sma is breached. You don't really need to look at the daily after it has given a signal. It is all about following the 100 sma on the hourly.
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 9, 2012
Just so the higher timeframe ma isn't moving about during the day, it stays fixed until the next candle opens whereas the close price will vary all day. Sypder is right, it doesn't make much difference to this system.
Quick and Dirty EOD
- Hugh Briss replied Aug 9, 2012
The pullback and signal can be less perfect on the daily because you are waiting for a clear signal on the hourly. If a trend is already in place on the daily/hourly and it pulls back to near the 100 sma then you can get in and ride the rest of the ...
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 9, 2012
I don't move to break even so much anymore, I just let the ea trail behind the 100 sma by 20 pips but set it to close if the price closes the other side of the ma.
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 8, 2012
Technically yes but you really want to take one trade at a time, get each trade in turn to break even and then start looking for another trade. The only time you would want to overlap your trades is when you get a very clear pullback and turn very ...
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 8, 2012
Small problem with the ea opening orders erronousely on start up. I'll get it checked out. Anyway, 2 small losses recorded as a result.
Trend following system results
- Hugh Briss replied Aug 8, 2012
Ok then the answer is no. Never trade the wrong side of the 100 sma.
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 8, 2012
Oil opened last night. Added to s and p 500.
Trend following system results
- Hugh Briss replied Aug 8, 2012
In the original method I would sometimes take a trade even if the price had breached the 100 sma, for instance if there was a turn at some obvious support/resistance. With the new method I never trade against the 100 sma. Just wait for a daily ...
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 8, 2012
It's not about being greedy or otherwise, it's about your winners being big enough to pay for your losers. Finding trend trades on weekly charts will incur lots of losses and so your winners need to be as large as possible. Try backtesting your idea ...
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 7, 2012
You won't. Wait until the hourly is moving in the same direction as the daily.
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 7, 2012
Why? If you're going to use weekly charts why take profit at 300 pips? That's nothing on a weekly chart.
Swing trading with heiken ashi and stochs
- Hugh Briss replied Aug 7, 2012
Nothing wrong with trying to help someone out.
Swing trading with heiken ashi and stochs