Hi ,i created this thread to share my trend following system , to also documents my trade and then share experience
And where is it?
Best trend following systems are based on moving averages, IMO nothing can beat them if they are applied correctly.
I know what you’re saying.
But don’t hold your breath, they’re all pretty much the same.
Welcome back to the community! That’s going to make a nice journal. Now share with us what you’ve got, and don’t sit on it.
Warm regards,
Ayọ
Have you started trading yet?
Currently creating a video for it …
The. I can share to the group
While I update
Yeahh took some couple of trades on audusd and Eurusd but came out at -9pips loss …
It’s the way to the trend
Cutting losses short
Yeahh …I love the moving averages nothing beats them actually …
I used them but not for entries confirmation but key level areas where market reverses from …
Especially during retracement
Thank you ayodimeji
I appreciate
Will try my best to be consistent here on
Yeah almost all system are the same
Just different approach to looking at the market
I don’t know if posting the links to YouTube where I upload the set ups …
Like my entry method for the market will be okay with you guys and then how I trade it.
For I don’t think I can explain with write ups
so guys , good morning to you all
The trend following system comes with two golden rule as longs account management is concerned and that is
- cutting losses short
- Riding the trend
As a someone new to the system …
I would advice you understand fully well the system and then try to test it with 30 trades repeating the same thing over again (the set ups)
The system is a trend system that allows us take trades from the middle of a trend and not the low or the high and allow us come out at the before the top or bottom of that particular trend .
I would try my best to update us from time to time but if you want to follow my teaching fast enough you can check on YouTube where I explain them …
I can’t upload them
(Am not linking you to YouTube for views it’s part of it ,but am mostly linking you to YouTube for understanding of the system).
I think that’s a very bad idea.
It will make you look like someone posting here to promote your Youtube channel. In other words, whether it’s your intention or not, you’ll come across as a “promotionally motivated poster”.
It will give the moderators a problem, too.
I urge you to reconsider - especially as a member making his first posts here!
Alright .
Thank you for this …
I would check to see if it’s possible to upload them here on the site or explain them with words but that will be difficult
But it will make me better .
Thank you
After my general conditions that signals the bottom of the retracement …
I took my trade due to the anchor bar formation from the H1 and then I am going to hold till I see my exit sign
Or the market hit my stop loss
Remember to cut losses short
That’s a position on Audcad for a buy
Also took a buy position on audusd
Same condition
H1 …still the anchor timeframe …
Now the anchor. Bar is the bar that normally starts and end a retracement …and it must come from the leading timeframe …
Took this trade after the first entry took me out at 10pips …
But I have to go again
Because I have to cut my losses short in other to ride the trend
Yeah, it happens it’s alright. Better luck next time. Took me a while to learn to cut my losses soon xD
Came out of the positions with 30 pips loss …close to 1% of my account .
And I have to wait to re enter again …
Finally entered again and will be holding the trade pending till we have a weekly target hit at the audcad weekly …
Here are my lessons learnt
As long as a trade is in profit ,its meant to be managed.
Secondly trade lessons was based on my methodology and I learnt them well.
And of course the losses taught me a great lessons on retracement .
We go again
I promise to show up in the market regardless of what the last trade result
Yeah …that’s what am currently trying to learn
To have the believed that I need to learn to cut the losses short .
It’s necessary