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Followthetrend

Review of back to back CADCHF trades.Evening traders I just wanted to share two trades I've taken in the last two days on CADCHF working the 30M time frame. In previous Forex ideas I have noted using the strategy I am utilizing on the H1 time frame following trend until next signal presents. But this strategy is adaptable to how you would like to trade. In this example I have set my parameters to work to a stop loss and take profit setting. The setting is a 1:2.15 risk to reward ratio. Back tested from when I started trading this pair on March 4th in this manner you will see the results at the bottom of the screen are 79% gains on capital. This from risking 2% of capital per trade. $200 dollars was risked on these trades for a $430 dollar gain on capital. Trade one was a 31pip profit move and trade two a 29 pip profit move. For any more information on the strategy I am using please feel free to drop me a message.
by RichScott
Roku growth over last 18 months!Evening traders Ive been using a follow trend based strategy for the last six months mainly for Forex trading. This strategy script works with Forex pairs, indices, stocks and crypto. It's not until recently I've discovered the potential for using this script on stocks for potentially building long term stock portfolios via following the trend based script. Another great example to my earlier Tesla idea and review is this Roku stock growth via following the the stock on the one week time frame. As you will see the strategy presented a 'buy' signal in March 2019 and Roku stock has since gone on to grow by 300% For any further information on the strategy I'm using please feel free to message me.
NASDAQ:ROKULong
by RichScott
Sunday trade review NZDCAD long. Afternoon traders. Every Sunday I review the trades I am currently entered before markets open. One lesson I have learnt over time is sometimes the best trade is the one you already in. Here's one trade I am still currently in from the 11th of November on NZDCAD long. Trade status is running at a risk to reward ratio of 1: 3.63 before markets reopen. The strategy I am using here on the H1 time frame has shown best results following the trend with a stop loss. I'll hold this trade to next signal occurs as the 144 pips gained so far could well increase or if trend reverses I'd still expect to bank a good few pips of profit. For more information on the strategy I am using please feel free to message me.
Long
by RichScott
Xauusd SELL explained don't miss it!Hello Fellow Traders! (Read The Notes Section ) -Dont Forget to smash Like and leave me a comment below, a Free way to Show your support! Conditions - 1. Wait for confirmation ( Wait For Price Action Confirmation / Break of structure ) 2 .Use Risk Management (Risk 1% of your capital) 3. Do your Own analysis! 4. Entry on The 4H Timeframe 5. Show some support Below My Previous Video / Chart Analysis is in the link below See You in the next Educational Video / Analysis Global Fx Education
FOREXCOM:XAUUSDShort
by Global_Fx
BTCUSD - Follow trend and daytrade by Keltner 19-10-2020Risk 1%/trade. 1. How to use Keltner Channel a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of BTCUSD . b_ How to confirms a trend. - Upper 2 is used to confirm Keltner channel at Uptrend. - Lower 2 is used to confirm Keltner channel at Downtrend. c. How to determine a swing Entry. _ Upper 1 is used to buy when the market make a corrective. _ Lower 1 is used to sell when the market make a corrective. 2. Long signal is confirmed when Closed of candle crossover the Upper 2. 3. Short signal is confirmed when Closed of candle crossunder the Lower 2. 4. Stoploss is calculated by the price closed candle +/- the value of Average true range (length=20 bars) Stoploss = previous Close +/- atr(20)x2 -> To move the stoploss every 1 hour. 5. Filter the Candle is over 93% for Not Entry.
COINBASE:BTCUSDLong
by dinhchien
Politics is noting for me, the stock market is.......so here is a short post of my thoughts —from the passenger seat down to weekend celebrations in Hua Hin :) After SET50 did retest the 800 resistance and support, from below, it has put its GPS on a southern destination. But how far down south is it heading??? Well my best quess would be, to test March lows. I want to end this publication with a few words that years on the market has taught me: Since it's impossible to control the market, don't! Establish in what the trend of the market is, and follow it! And lastly, ALWAYS use a stop-loss for all of your short and medium term trades!
SET:SET50Short
by SamuiTrader
Possible swing trading setup in EURUSDHello everyone! Since end of July the price is stuck between 1,16-1,20 price zone and EURUSD is trading sideways, however the trend on higher timeframe is still bullish . Recent price action indicates that there was a possible false breakdown below 1,17000 price and we might see further weakening of the greenback . 1,17400 - 1,17770 is the closest price zone, where (if we pullback from current 1,18100 level) the bulls might show another interest for buying and the demand might exceed the supply, which will support the price going north… …the main risk for continued USD weakness remains the US stimulus deal to be struck and the US Q3 earnings disappointment, which might generate strong demand for the greenback resulting EURUSD long squeeze. A possible swing trade setup is on the chart for you. // Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like. :) For more information please check the link in my profile status... // Risk disclaimer: This is not an investment advice and you should carefully consider whether forex trading is right for you in light of your particular circumstances and financial resources. Trading spot foreign currencies (“FX”) is not appropriate for all investors, and the risks of FX trading can be substantial.
Long
by GIgor_021
BTCUSD - Follow trend by Keltner Channel 23 Sep 20201. How to use Keltner Channel a_ Length of Keltner's basis line is 50. It gives the best result in finding rule of BTCUSD. b_ How to confirms a trend. - Upper 2 is used to confirm Keltner channel at Uptrend. - Lower 2 is used to confirm Keltner channel at Downtrend. c. How to determine a swing Entry. _ Upper 1 is used to buy when the market make a corrective. _ Lower 1 is used to sell when the market make a corrective. 2. Long signal is confirmed when Closed of candle crossover the Upper 2. 3. Short signal is confirmed when Closed of candle crossunder the Lower 2. 4. Stoploss is calculated by the price closed candle +/- the value of Average true range (length=20 bars) Stoploss = previous Close +/- atr(20)x2 -> To move the stoploss every 1 hour. 5. Filter the Candle is over 93% for Not Entry.
COINBASE:BTCUSDShort
by dinhchien
4
Trucking Along The SPY - 06/12/20 RECAPHi traders, After an indecisive start of Friday's trading and one false breakout later, I managed to both enter and exit pretty nicely in MGM, making it probably the nices trade of the month. Ending up slightly down for the week though. Trades: 1) MRO - LONG @6.81, -0.70% 2) MGM - SHORT @19.09, +2% *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.* Total PnL for the day: +1.30% Total PnL for the week: -2.04% Good trades, Tom | FINEIGHT
NYSE:MGM
by Fineight