The SL for any of the add on secondary trades would initially be at the previous swing high or low. Then once the market has moved in its favor enough move the SL to BE +2 pips. GREEN pips to you my friend.

High Flying Trading (HFT) Method

To be clear I do not use the SMA at all. I only use the NLD indicator and Buy on a change from Red to Blue and Sell on a change from Blue to Red. As for secondary entries, for the first two or three I only add on another position if all the ...

High Flying Trading (HFT) Method

Due to its increased responsiveness, I believe it will have more whipsaws, BUT smaller whipsaws. It will also get into the trend quicker and out quicker reducing some of the losses on the secondary trades. Each trader should test and find the ...

High Flying Trading (HFT) Method

Here is a real nice indicator that I had developed for me to use with the NLD system. It shows what each NLD color would be on all time frames. It defalts to the lower right corner, but it is easy to place where you want it via the Inputs Tab and ...

trend catching with NonLagDot indicator

A couple of traders have also PM'd me requesting the indicator that I use as a trigger. Just as I explained to them, move the attached indicator to your MT4 Indicators Folder and insert it on to your Daily chart. Instead of the trigger being a cross ...

High Flying Trading (HFT) Method

You can look at his trades and then go back and see when the setups were taken. I would assume that they were during the early to mid Asian session. Keep up the studying and the GREEN pips will eventually find their way into your account.

trend catching with NonLagDot indicator

It could be any one of those options. Because it is treated as a basket, we don't care which trades are profitable or which trades are losers. We only care that the net profit is hit. GREEN pips you you good sir.

trend catching with NonLagDot indicator

Congratulations on another successful Basket for you. Your attitude is GREAT. You humbly accepted what the market so willingly gave to you and do not begrudge for a moment any perceived missed profit. GREEN pips to you my friend.

trend catching with NonLagDot indicator

There have been a couple of entries in the earlier pages of this forum with specific MA's that closely mimic the NLD indicator. If you take the time to read, I'm sure you will find it. GREEN pips to you good sir.

trend catching with NonLagDot indicator

Just scanning the markets and getting ready for the Frankfurt and London Openings. Remember we don't just trade to trade, we patiently wait for the best signals that will carry our baskets to their profits. GREEN pips to one and all.

trend catching with NonLagDot indicator

That is very true. I put the suggestion forward for a trader who was concerned about excessive drawdown on a quick trend reversal. It will definitely reduce his risk, but it will also reduce his profit potential. The goal of any trader is to find ...

High Flying Trading (HFT) Method

Thank you for putting in the many hours to condense thousands of posts down into an easy to read and understand document. While Pipeasy has not posted for many years now, a new thread has started and it is in the same vain as Building an Equity ...

Summary/Notes on PipEasy's Equity Millipede

[quote=NotMe;8744564] My pleasure. Here is a screen shot to explain what I meant. Candle 1 is the Primary Sell. Candle 2 would be the 1st secondary add on Sell and it is lower than the price at candle #1. Candle 3 would be the next secondary add on ...

High Flying Trading (HFT) Method

Seems like someone out of their shorts now and ran the stops. Retracing quickly so it wasn't any BOJ intervention. No news. Lets see if the triple bottom on the hourly chart holds. GREEN pips to one and all.

USD/JPY Discussion

Try using the nonlagdot indicator HERE, and use the color change as your trigger. This is what I am using on the 4 Hour and Daily with great success. GREEN pips to you Good Sir. ps On all the secondary addon trades, I move the SL to BE +2 pips as ...

High Flying Trading (HFT) Method

I'll try to run through your points one at a time. There will always be bad entries that result in losses, but we want to keep those loses as small as possible. How were you placing your stops? What did you do when the candle closed on the opposite ...

High Flying Trading (HFT) Method

Keep us updated on your findings, and Thank You for sharing your results and your thoughts. GREEN pips to you Good Sir, and may your flights on "GREEN PIPS" airlines be turbulence free.

High Flying Trading (HFT) Method

A couple of questions come to mind. Why did you choose the 12 Hour time frame as opposed to a Daily or 4 Hour time frame? Your chart is a good example of the reason why some traders only add a secondary position if the price is below the last order ...

High Flying Trading (HFT) Method

This is a wonderful system. I have been trading it on and off for a couple of years now. There were some fantastic profits made, but it felt as if it lacked more direction. I can across this thread: url and it re-sparked the interest for me. I ...

Building an equity millipede

This method does truly embrace the KISS (Keep It Simple) method, and sometimes simple is better. Hopefully, more will begin testing this method, and refining it to their own comfort levels and styles. Then in the spirit of Dreamliner they should ...

High Flying Trading (HFT) Method