Just hover my mouse over the candle like Forexboy9 suggest and confirm this. The rest will be quite simple but the 4am might be little hard for me. How long have you test this methodology? And how it works out for you?
Thanks everyone 
p/s - im using UpFX
Anyone using this on daily charts? H4 charts are tough for me and I was curious if anyone had a good rule of thumb as to what the 100 and 30 pip rules should be changed to. Iām assuming that given the daily barsā larger ranges those two aspects of the method should be changed. Thanks
Chad
Hi Aboka,
I started using this system since I first started following this thread. Ilzās system is well-explained, easy to understand and follow. I personally like it very much but the problem is that I am lack of discipline and fear sometimes which ended up I lost some of the trades especially closing trade manually.
Read and digest all his instructions then it should be fine, I suppose. Frankly, if we were to follow trend runner system, we must have confident and faith that it would work for us when using it. If not, will sure end up losingā¦ that happened to me sometimes when I had doubt about it. As for profit ratio, I will try and find out myself instead of pestering Ilz for an answer. Ilz has been working with this for 5 years so I believe trend runner would work if I follow the rule. Ilzās risk is 2% but I am only comfortable with 1% so I only risk 1% for each trade.
12am & 4am are hard for me especially winter now. I would definitely miss them. :59:
Happy trading.
Jess
Took 2 trades @ 9 a.m. (EST) June 04.
Aud/usd sell @ 0.9660
usd/chf sell @ 0.9594
aud/usd, I took the trade even though the line is blue not red on a down trend.
Not sure whether this is correct. Appreciate your comments on this.
modified indi combines STS & S/R and alert trend line change/cross, ma cross, S/R cross, hope a little help to monitor multipairs. enjoy.
don according to ILZ rules both trades are not correct BUT according to your thougths both are correct, my trading experience would say stick to a plan and do always the same plan do not change it because you need to trade, you might end up this trades with winnings, but remember according to ILZ both were not correct. just my 2 cents.
rgds
Could you please explain why they are not correct? I am still trying to learn this method. Any help is greatly appreciated.
Ok I will try remember english is not my main language
1- A/U this is easy supertrend is blueā¦you took a sell trade blue means UP/BUY
2- this one is correct on a 90% the problem is last cande has to close being BEAR (red candle) as you can see on your pictura that last candle is bullish (Its going up) - this means that price is more likely to go UPā¦ but nobody know what will happen, my recommendation would be: wait until price closes on a bear candle and it at least 30 pips away from support but not so many pips like this one you took wich was 80 pips away.
hope this works, I try to follow ILZ rules very strictly.
Thanks for your reply. I agree with you with a/u trade.
But the u/c trade, you could see the last candle is going down and plus it is a shooting star or hammer (not sure about the exact name). So that tells me that the price may go down also according to the rules when you enter a trade the pip difference between the current and the NEXT s/r level should be more than 30 pips. I donāt think the current price and the PREVIOUS s/r level pip difference does not matter.
May be someone could confirm this.
Trend following is always the most potential form of trading to earn good number of pips. But for this we also need to have good entry level to avoid the floating loss.
Thanks for sharing the combined indicator with alerts. The testing Iāve done so far appears to operate exactly the same as ILZās indicators with the addition of the alerts. Could be a handy feature to have in the future. Nice job.
[QUOTE=ādonsls;497165ā]Thanks for your reply. I agree with you with a/u trade.
But the u/c trade, you could see the last candle is going down and plus it is a shooting star or hammer (not sure about the exact name). So that tells me that the price may go down also according to the rules when you enter a trade the pip difference between the current and the NEXT s/r level should be more than 30 pips. I donāt think the current price and the PREVIOUS s/r level pip difference does not matter.
May be someone could confirm this.
[/QUOTE]
Cheva is rightā¦ and a little wrong.
Both trades are not following the rules.
The C/U trade is in no manās land and I donāt see why it was taken. No support level was broken, price had been moving up for several candlesā¦ Maybe if you explain why you took it referencing the entry rules, we could help a bit more.
I think you were 7 candles too late. Now, if you want to look at it in a positive way, you just sold it at a better price. Might even work out better for you.
Chevaā¦ The further away from sup/res the better. Your ānot too close, but not too farā idea is false and fundamentally wrong. At least 30 pips awayā¦ Thatās all!
Took the following trades @ 1 p.m. EST June 05, 2013. Appreciate your comments.
a/u sell @ .9524
g/u buy @ 1.5403
u/c sell @ 0.9520
ALL of them are correct don! congratulations, be carefull with AU as its on a strong support, stay alert for a reverse, hopefully will go down 
Esteban
[QUOTE=ādonsls;497533ā]Took the following trades @ 1 p.m. EST June 05, 2013. Appreciate your comments.
a/u sell @ .9524
g/u buy @ 1.5403
u/c sell @ 0.9520
<img src=ā301 Moved Permanentlyā/>[/QUOTE]
Good ones Don
Hi All,
Maybe some of you are able to help clear this for me.
Now my question here would be, does price need to also close above blue supertrend to go Long and close below red supertrend to go short?
Yes, otherway entry might be more risky.
Hello to all it will be my first post on this forum .
I got link to this system from my friend. Yesterday I read almost all thread and translated rules to my native language but I want to confirm my entry with more experienced users of this system.
Today when I wake up I opened BUY at GBPUSD 1.54133 SL -100 pips as in rules.
S line was more than 30 pips away, because I closed my first trade by mistake, first one was exactly 30 pips away from that S line.
When candle reach itās HIGH at 1.54438 i moved my SL to +3 pips from open price and here is screen :
I am using this on daily charts only. So far so good, but Iāve just been testing it for less than 2 weeks.
Iāve simplified the system, and I basically only use it for entries.
I follow the entry rules.
No fixed SL amount, as I use prior sup/res levels to place stop below/above them. I adjust my SL once every day (near close of daily candle)ā¦ always in direction of trade, and never increasing the risk. I donāt follow the break even rules, I let price action and sup/res determine when and where to move my SL.
No TP, I let my SL take me out of trades.
My risk per trade is in units, and itās 1 unit per dollar in my account at the time of taking the tradeā¦ I look at my my unrealized balance for this.
Iām looking for entries on 27 pairs
These are my current trades. All of the trades in the green have some secured profit. On the one in red, I moved my stop closer to price action to further reduce risk.
So in 2 weeks you are almost 600pips in profit?I think that is more than what ILZ do monthly (I think it is about 500pips monthly on average)
Good man!
