Thread: Trend Following - A Complete Guide

90438Hi Brenzaj,

Once you're in a trade with a first SL of 100 pips, do you trail a SL? From your last reply it seems you don't, but you exit on another cross. You will not be getting stopped out on whipsaws too often, if this is so, after your transaction takes off. Can you ever bring this stop to BE? If so, when?

Thanks,
C.

96037Brenzaj

can it be the cross type that matters? Or are you interested in the price bars and also, pivots, market structure etc?

Ie., could you trade the crosses only, without so much as seeing the price pubs?

Thanks

Originally Posted by ;

As far as the crosses go, I could post charts all day but try this. Set up every daily chart that you have crosses. Now, create the lines or candles (whatever you use) the identical color as the background so you can't see them. The 5/12 ema should be observable. Now you tell me that crosses possess break and the angle to trade. Once you have an eye for this, it becomes second nature.

Hope that helps.

90438I use a trailing stop or never go the halt.

Originally Posted by ;

Hello Brenzaj,

Once you are in a trade with an initial SL of 100 pips, do you trail a SL? From your reply it appears that you don't, however you exit on the next cross. You will not be getting stopped out on whipsaws if so, after your transaction takes off. Do you bring that first stop to BE? If so, when?

Thanks,
C.

90438I do not trade with bars, that was an exercise that I use to teach a individual's eyes to recognize good crosses. I do not listen to though except reverse and parallel analysis.

Originally Posted by ;

Brenzaj

can it be the cross type that things? Or are you considering the price bars and also, pivots, market structure ?

Ie., can you trade the crosses just, without so much as seeing the price bars?

Thank You

90438Hi Brenzaj42,

Thanks for answering each of the questions posed. I've been reading more information on Parallel Inverse analysis and came across a website that specializes in utilizing P I analysis, along with some type of power allert for about $20.00 per month. Do you believe that it would be worth using such a service? If you've got a site or group you use/recommend please allow me to know.

Also, whenever there is a great 5/12 ema cross, at what point do you enter the trade? After the close of the bar at the cross, one pub later, etc.. A number of these crossing bars are very large, so if you attempt to await a pull back to these, I wondered?

Thanks again,
C.

90438I do not know what type you are referring to but it's easy to do by yourself. After a fantastic cross the transaction will be entered by me when it goes my way. Basically from the Asian Session or the Main Session. Another night if , I will reevaluate.

Originally Posted by ;

Hi Brenzaj42,

Thank you for answering all the questions posed. I have been reading more information on Parallel Inverse analysis and came across a website that specializes in using P I analysis, together with some kind of power allert for about $20.00 per month. Do you think that it would be worth using a service? You use/recommend please let me know, In case you've got a particular site or group.

Additionally, when there is a good 5/12 ema cross, at what stage do you enter into the transaction? After the close of the bar in the cross, 1 pub afterwards, etc.. Some of those crossing...

90438Hi, another recuite(sp) for the thread.
Like the idea of the 5/12 cross, real simple.

Lots of talk about big quantities of pairs to be watched. Is there a recommended list? ... or is there a warning of what to keep from?

Looking forward to the return of the Micardo though brenzaj42 is keeping us busy.

90438Brenzaj42,

I'm happy you joined this thread and have been ready to bring your knowledge to this collection. I really appreciate what you've explained about how you trade. I'm excited about putting these items to work in the very near future trading the daily charts. I'll try not to be much of a pest from now on! Thanks for graciously reacting, as you have.

Happy New Year for you.

C.

90438I trade just about what my broker provides. A trend is a trend.

Originally Posted by ;

Hello, yet another recuite(sp) for the ribbon.
Like the concept of this 5/12 cross, real simple.

Lots of talk about big numbers of pairs to be viewed. Is there a list? ... or is there a warning of what to stay away from?

Looking forward to the return of this Micardo although is keeping us busy.

90438

Originally Posted by ;

I trade just about everything my broker offers. A trend is a trend.

Hi

Does AUD/NZD qualify for brief in accore with your principles, are you short?