Catching and holding on to these long trends can be very profitable but of course it is not always as easy as all that! Fxinvestfund, sep 27, 2015 11:31am Post#. As a basic rule of thumb if the price is above the ma the trend is up and we only want to buy and below is down and we only want to sell. Planned risk levels may be increased dramatically under extreme market conditions. My favourite trading/financial books that I recommend. Being a trend trading method there can be periods when no trades present themselves but it is usual to see 5 or more trades per week. I started a thread a good while ago regarding a similar method of trading to this but the core system has evolved slightly as these things tend to and so I have decided to create a new home for people following this method. Quot;ng Shemski, disliked, here are a few typical trades, this happens over and over again. Swing Trading in Forex could be simple to learn, easy to apply and requires far less discipline than longer term trend following. 2) Enter the trade with a 50 pip stop loss and a 50 pip take profit moving the stop loss to 1 pip after 25 pips is reached.
TDI-ADX System ( swing trading using TDI) forex, factory, forum
There are 3 basic methods that I believe are worth testing. The 100 sma is there to help visualise the trend. The Zurich Axioms - Max Gunther. In back and forward testing this has proven to be profitable but a lot depends on your stop and target so I won't give exact strike rate figures here as I want to thoroughly test all the options first and then I will update this. Money Management, stops and targets, as mentioned above there is some debate over the best stop loss and target combination to use to capture the most profit from these signals.
This is almost half of Hotforex's commission, so I might move my account to them in the near future. Trading is 90 Psychology. Image Almost back to breakeven on the day, but once again; you need to stick with the system. From what I could find on the Net over the weekend it looks like ICMarkets might be the best broker to go with when trading the this EA, because they offer ECN Sread Avg.4 pips with.50 commission, which will result.00.