Momentum Trading Daily Charts (By forex_trader_54036)

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Momentum Trading Daily Charts Обсуждение

Nov 19, 2011 at 22:40
1,064 Просмотры
10 Replies
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Jan 20, 2012 at 09:43
Trading Eur/Usd, Usd/Cad, Gbp/Usd, Aud/Usd, Gold, Eur/Aud, Eur/Jpy, and Usd/Chf on the daily chart using a combination of RSI, MACD, and Momentum. The lot sizes will vary and depends on the balance of the account, as well as the pair being traded. We are risking 1% of the account balance per trade. Since this a trend-based system there will be more losers than winners, however, the losses will be small and the wins - much larger. Trading on the daily charts with this many pairs, we can expect to make about 1-3 trades a week on average. The trends take longer to develop and last much longer than trades taken on shorter timeframes. Overall this PAMM account could be considered a medium long term investment style (remember, daily charts!) with medium-low risk (1-8% floating at any given time). I am not one to tell you what you should do, but if you are interested in my management style and wish to follow my trades consider this - since my system is trend based you may want to enter when it seems that markets are in range. I'm sure you can figure it out. If you have any other questions, send me an email and I will get back to you. Peace.
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Feb 19, 2012 at 00:02
Updated Description;

A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (2-16% floating at any given time). We are going for bigger moves, 200/300/400/500 pips are the norm. Similarly the percentage of successful trades is usually lower when trading daily fx charts, although since we’re looking for a 2:1 or greater risk reward ratio we can actually be profitable with a success rate as low as 30%. This system requires that trades be monitored for manual exit signals and therefore we don’t use a stop loss in the traditional sense. We do use what’s called a ‘safety stop’ though. They should never get hit under normal conditions and are only there to protect trading capital from an excessive loss due to unforeseen circumstances, or from events that affect the markets in an unusual way. If you have any other questions, send me an email and I will get back to you when I can. Peace. (As of 2/8/2012 I will be increasing the position sizing to 2% per trade. Trading 8 pairs, this will result in a float of 16% or higher at times, depending on volatility. The current trades will run their course, but after 2/8/2012 any trades taken will be sized at 2% per the account balance.)
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Feb 23, 2012 at 01:05
My apologies, I don't always know what I'm doing actually, so here's another updated description.

A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (2-16% floating at any given time). We are going for bigger moves, 200/300/400/500 pips are the norm. Similarly the percentage of successful trades is usually lower when trading daily fx charts, although since we’re looking for a 2:1 or greater risk reward ratio we can actually be profitable with a success rate as low as 30%. This system requires that trades be monitored for manual exit signals and therefore we don’t use a stop loss in the traditional sense. We do use what’s called a ‘safety stop’ though. They should never get hit under normal conditions and are only there to protect trading capital from an excessive loss due to unforeseen circumstances, or from events that affect the markets in an unusual way. The maximum possible calculated loss, the moment a trade is taken, is 6%. The stop gets readjusted every few days as the price moves toward or against the trade. So in theory, it could be higher than a 6% loss in a worst case scenario as the stop loss will always be roughly 3 times the average daily range away from the current price. However, the actual percentage during a loss will be much lower since, again, these stops are to never be hit as each trade is closed manually long before the stop is ever reached. If you have any other questions, send me an email and I will get back to you when I can. Peace. (As of 2/8/2012 I will be increasing the position sizing to 2% per trade. Trading 8 pairs, this will result in a float of 16% or higher at times, depending on volatility. The current trades will run their course, but after 2/8/2012 any trades taken will be sized at 2% per the account balance.)
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
May 17, 2012 at 22:08
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (2-16% floating at any given time). We are going for bigger moves, 200/300/400/500 pips are the norm. Similarly the percentage of successful trades is usually lower when trading daily fx charts, although since we’re looking for a 2:1 or greater risk reward ratio we can actually be profitable with a success rate as low as 30%. This system requires that trades be monitored for manual exit signals and therefore we don’t use a stop loss in the traditional sense. We do use what’s called a ‘safety stop’ though. They should never get hit under normal conditions and are only there to protect trading capital from an excessive loss due to unforeseen circumstances, or from events that affect the markets in an unusual way. The maximum possible calculated loss, the moment a trade is taken, is 6%. The stop gets readjusted every few days as the price moves toward or against the trade. So in theory, it could be higher than a 6% loss in a worst case scenario as the stop loss will always be roughly 3 times the average daily range away from the current price. However, the actual percentage during a loss will be much lower since, again, these stops are to never be hit as each trade is closed manually long before the stop is ever reached.
Another strategy will be traded on this account. In contrast to 'Momentum Trading Daily Charts' this system has a lower risk:reward ratio - something like a 1:1. Whereas the other system focuses on a profitability method ( risk:reward 1:2 or better), this system tries for a probability method and aims for a higher percentage of winning trades to cover ground. At the immediate opening of a weekly candle, a series of filters will be assessed, and according to pivot levels on the weekly timeframe, a trade will be made. Not all pairs will get a signal per week and even those that do, have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized around 2%(+ - a few basis points) with a 1:1 style risk ratio. So, the most that is able to be lost on any one trade is 2% of the account balance.
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Jul 06, 2012 at 21:34
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (2-16% floating at any given time). We are going for bigger moves, 200/300/400/500 pips are the norm. Similarly, the percentage of successful trades is usually lower when trading daily fx charts, although since we’re looking for a 2:1 or greater risk reward ratio we can actually be profitable with a success rate as low as 30%. This system requires that trades be monitored for manual exit signals and therefore we don’t use a stop loss in the traditional sense. We do use what’s called a ‘safety stop’ though. They should never get hit under normal conditions and are only there to protect trading capital from an excessive loss due to unforeseen circumstances, or from events that affect the markets in an unusual way. The maximum possible calculated loss, the moment a trade is taken, is 6%. The stop gets readjusted every few days as the price moves toward or against the trade. So in theory, it could be higher than a 6% loss in a worst case scenario as the stop loss will always be roughly 3 times the average daily range away from the current price. However, the actual percentage during a loss will be much lower since, again, these stops are to never be hit as each trade is closed manually long before the stop is ever reached.
Another strategy will be traded on this account. One could called it 'Pivot Trading Weekly Charts'. In contrast to 'Momentum Trading Daily Charts' this system has a lower risk:reward ratio - something like a 1:1. Whereas the other system focuses on a profitability method ( risk:reward 1:2 or better), this system tries for a probability method and aims for a higher percentage of winning trades to cover ground. At the immediate opening of a weekly candle, a series of filters will be assessed, and according to pivot levels on the weekly timeframe, a trade will be made. Not all pairs will get a signal per week and even those that do, have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized around 2%( - a few basis points) with a 1:1 style risk ratio. So, the most that is able to be lost on any one trade is 2% of the account balance.
In summary, there are two different strategies traded on this account, both by manual execution. The first method trades 8 pairs with an average loss of 3.5% per trade and an average risk:reward ratio of 1:2. The second method trades the same 8 pairs, has an average loss of 2% per trade, and has an average risk:reward ratio of 1:1. Please find me on myfxbook if you have questions or comments, as I tend to check that more often than my email. Thanks for looking. The next rollover will be on the first day of fall.
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Sep 28, 2012 at 14:12 (отредактировано Sep 28, 2012 at 14:18)
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (2-32% floating at any given time).
We are going for bigger moves, 200/300/400/500 pips are the norm. Similarly the percentage of successful trades is usually lower when trading daily fx charts, although since we’re looking for a 1:2 or greater risk:reward ratio we can actually be profitable with a success rate as low as 30%. This system requires that trades be monitored for manual exit signals and therefore we don’t use a stop loss in the traditional sense. We do use what’s called a ‘safety stop’ though. They should never get hit under normal conditions and are only there to protect trading capital from an excessive loss due to unforeseen circumstances, or from events that affect the markets in an unusual way. The maximum possible calculated loss, the moment a trade is taken, is 6%. The stop gets readjusted every few days as the price moves toward or against the trade. So in theory, it could be higher than a 6% loss in a worst case scenario as the stop loss will always be roughly 3 times the average daily range away from the current price. However, the actual percentage during a loss will be much lower since, again, these stops are to never be hit as each trade is closed manually long before the stop is ever reached.
Another strategy will be traded on this account. One could call it 'Pivot Trading Weekly Charts'. In contrast to 'Momentum Trading Daily Charts' this system has a lower risk:reward ratio - something like a 1:1. Whereas the other system focuses on a profitability method (risk:reward 1:2 or better), this system tries for a probability method and aims for a higher percentage of winning trades to cover ground. At the immediate opening of a weekly candle, a series of filters will be assessed, and according to pivot levels on the weekly timeframe, a trade will be made. Not all pairs will get a signal per week and even those that do, have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized around 2% ( - a few basis points) with a 1:1 style risk ratio. So, the most that is able to be lost on any one trade is 2% of the account balance.
In summary, there are two different strategies traded on this account, both by manual execution. The first method trades 8 pairs with an average loss of 3.5% per trade and an average risk:reward ratio of 1:2. The second method trades the same 8 pairs, has an average loss of 2% per trade, and has an average risk:reward ratio of 1:1. There is no penalty for early withdrawal or anything else involving time for that matter, you can come and go as you see fit. For statistics please find me on myfxbook. If you have questions or comments, I tend to check myfxbook more often than my email. If you're a more serious client we can have more direct contact via my personal cell-phone and email. I am not a certified commodities trading advisor, just so you understand that. Thanks for looking. (9/23/12; accounts were rolled over yesterday. The next rollover will be on the first day of winter 12/21/12). I have also cut and pasted this from google translator. I know the translations can be sloppy, but it saves time and at least now you can maybe better derive a basis of what’s being said above. Or not.
Руководство стратегию, основанную на импульс и цены. Это ПАММ-счет можно считать средний долгосрочный инвестиционный стиль со средне-высоким риском (2-32% плавает в любой момент времени). Мы собираемся для больших ходов, 200/300/400/500 пунктов являются нормой. Точно так же процент успешных сделок, как правило, ниже, когда торговые ежедневно FX Charts, хотя с тех пор мы ищем 1:2 или больше риска к прибыли соотношении мы действительно может быть выгоднее с успеха столь же низко как 30%. Эта система требует, чтобы контролировать торги для ручной сигналы выхода, и поэтому мы не будем использовать стоп-лосс в традиционном смысле. Мы не использовать то, что называется 'остановку безопасности', хотя. Они никогда не должны попасть в нормальных условиях и только там, чтобы защитить торговый капитал от чрезмерных потерь из-за непредвиденных обстоятельств или от событий, которые влияют на рынки необычным способом. Максимально возможная потеря рассчитана, в тот момент торговля будет принято, составляет 6%. Остановка получает корректируется каждые несколько дней, так как цена движется в сторону или против торговли. Таким образом, в теории, это может быть выше, чем на 6% потери в худшем случае в качестве стоп-лосс всегда будет примерно в 3 раза превышает средний дневной диапазон от текущей цены. Тем не менее, реальный процент при потере будет намного ниже, так как, опять же, эти остановки, чтобы никогда не быть поражены так как каждая сделка закрывается вручную задолго до остановки когда-либо достигнут. Другая стратегия будет торговаться на этот счет. Можно было бы называть это 'Pivot Торговая недельных графиках. В отличие от этой системы Momentum торговой Ежедневные графики 'имеет более низкий риск: вознаграждение отношение - что-то вроде 1:1. В то время как другие системы фокусируется на рентабельность методом (риска к прибыли 1:2 или лучше), эта система старается для вероятностного метода и направлена на более высокий процент выигрышных сделок, чтобы покрыть землю. В непосредственном открытии недельной свечи, фильтры серии будут оценены, и согласно сводной уровнях на еженедельной сроков, торговля будет сделано. Не все пары получат сигнал в неделю, и даже те, которые имеют шанс не срабатывает, как только отложенные ордера будут использоваться. Эти торги использовать строгий стоп-лосс и тейк-профит уровнях и имеют размеры около 2% (- несколько базисных пунктов) с соотношением риска стиля 1:1. Таким образом, самое большее, что может быть потеряно на любой сделке составляет 2% от остатка на счете. Таким образом, существуют два различных стратегий торгуются на этот счет, как со стороны руководства исполнением. Первый метод торгов 8 пар со средней потерей 3,5% в торговле и средний риск: вознаграждение соотношении 1:2. Второй метод торгует тем же 8 пар, в среднем потеря 2% в торговле, и имеет средний риск: вознаграждение соотношении 1:1. Существует не штраф за досрочное снятие или что-нибудь другое, с участием времени на то пошло, вы можете прийти и уйти, как вы считаете нужным. Для статистики пожалуйста, найти меня на Myfxbook. Если у вас есть вопросы или замечания, я стараюсь, чтобы проверить Myfxbook чаще, чем мою электронную почту. Если вы более серьезных клиентов мы можем иметь больше прямых контактов через мой личный мобильный телефон и электронную почту. Я не являюсь сертифицированным консультантом торговли сырьевыми товарами, именно так вы понимаете, что. Спасибо для смотреть. (9/23/12; счета были перевернулся вчера следующем опрокидывание будет в первый день зимы 12/21/12.). Я также вырезать и вставить это от переводчика Google. Я знаю, что переводы могут быть неаккуратным, но это экономит время и по крайней мере, теперь вы можете получить, может быть, лучше основе того, что было сказано выше. Или нет.
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Jan 29, 2013 at 00:43
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (2-32% floating at any given time). This system has a lower risk:reward ratio - something like a 1:1. Whereas a momentum system focuses on a profitability method (risk:reward 1:2 or better), this system tries for a probability method and aims for a higher percentage of winning trades to cover ground. At the immediate opening of a weekly candle, a series of filters will be assessed, and according to pivot levels on the weekly timeframe, a trade will be made. Not all pairs will get a signal per week and even those that do, have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized around 4% ( plus or minus a few basis points) with a 1:1 style risk ratio. So, the most that is able to be lost on any one trade is 4% of the account balance. In summary, the strategy traded on this account is by manual execution. The method trades 8 pairs, has an average loss of 4% per trade, and has an average risk:reward ratio of 1:1. There is no penalty for early withdrawal or anything else involving time for that matter, you can come and go as you see fit. For statistics please find me on myfxbook. If you have questions or comments, I tend to check myfxbook more often than my email. If you're a more serious client we can have more direct contact via my personal cell-phone and email. I am not a certified commodities trading advisor, just so you understand that. Thanks for looking. (1/28/13 Hello, no rollover took place at the start of the winter quarter since we were not in a profit. The next rollover will take place at the start of spring on March 20, 2013.)
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Oct 04, 2013 at 20:55
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (4-36% floating at any given time). This system has revamped risk:reward ratio - something like a 1:3. This system focuses on a profitability method (risk:reward 1:2 or better), the older system tried for a probability method seeking a higher percentage of winning trades to cover ground. The next part is still basically the same, with the change being monthly candles instead of weekly candles. At the immediate opening of a monthly candle, a series of filters will be assessed, and according to pivot levels on the monthly timeframe, a trade will be made. Not all pairs will get a signal per month and even those that do, have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized around 4% ( plus or minus a few basis points) with a 1:3 style risk ratio. So, the most that is able to be lost on any one trade is 4% of the account balance. In summary, the strategy traded on this account is by manual execution. The method trades 9 pairs, has an average loss of 4% per trade, and has an average risk:reward ratio of 1:3. There is no penalty for early withdrawal or anything else involving time for that matter, you can come and go as you see fit. For statistics please find me on myfxbook. If you have questions or comments let me know. I tend to check myfxbook more often than my email. I am not a certified commodities trading advisor, just so you understand that. Thanks for looking. (The next chance for a profit rollover to take place will be on the day of the fall equinox for North America.)
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Nov 22, 2013 at 16:04
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (4-34% floating at any given time). This system has a revamped risk:reward ratio - something like a 1:3. This system focuses on a profitability method (risk:reward 1:2 or better), some systems try for a probability method, seeking a higher percentage of winning trades to cover ground. At the immediate opening of a monthly candle, a series of filters will be assessed, and according to pivot levels on the monthly timeframe, a trade will be made. If there are more trades than the 34% total allocated risk allows for, the total amount of viable trades will have a lower calculated stop-loss percentage to meet the defined total allocated risk. Not all pairs will get a signal per month and even those that do, have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized around 4% ( plus or minus a few basis points) with a 1:3 style risk ratio. So, the most that is able to be lost on any one trade is 4% of the account balance. In summary, the strategy traded on this account is by manual execution. The method trades all pairs, has an average loss of 4% per trade, and has an average risk:reward ratio of 1:3. There is no penalty for early withdrawal or anything else involving time for that matter, you can come and go as you see fit. For statistics please find me on myfxbook. If you have questions or comments let me know. I tend to check myfxbook more often than my email. Understand that I am not a certified commodities trading advisor. The next chance for a profit rollover to take place will be on the day of the winter solstice for North America.
Clash
forex_trader_54036
Участник с Nov 19, 2011   40 комментариев
Feb 10, 2014 at 14:03
A manual strategy based on momentum and price action. This PAMM account could be considered a medium long term investment style with medium-high risk (4-34% floating at any given time). This system has a revamped risk/reward ratio - something like a 1:3. This system focuses on a profitability method (risk/reward 1:2 or better), some systems try for a probability method, seeking a higher percentage of winning trades to cover ground.
At the immediate opening of a monthly candle a series of filters will be assessed and, according to pivot levels on the monthly timeframe, a trade will be made. If there are more trades than the 34% total allocated risk allows for, the total amount of viable trades will have a lower calculated stop-loss percentage to meet the defined total allocated risk. Not all pairs will get a signal per month and even those that do have a chance of not being triggered as only pending orders will be used. These trades use strict stop-loss and take-profit levels and are sized from a fixed balance with a 1:3 style risk/reward ratio. So, the most that is able to be lost on any one trade is dependent on the number of trades placed per month and the level of the fixed balance. When these trades are totaled, they shouldn't exceed 34% of the total allocated risk. The balance used to calculate this risk will only be increased when it is 2-3 times the size of the previous calculated balance. The fixed balance is different from the actual balance.
For example, if our actual balance is $10,000 trades will be calculated from a fixed balance of $20,000. The value of this fixed balance is at the manager’s discretion. If the actual balance increases above, or decreases below $10,000 the value at which the next month’s trades will be calculated is still going to be $20,000. This is what is meant by a ‘fixed balance’. The fixed balance will only be increased when the actual balance is greater than or equal to the fixed balance.
In summary, the strategy traded on this account is by manual execution. The method trades all pairs, has an average loss of .5 - 4% per trade, and has an average risk/reward ratio of 1:3. There is no penalty for early withdrawal or anything else involving time for that matter, you can come and go as you see fit. For statistics, please see the link below for my 'myfxbook' page. If you have any questions or comments just send me an email at [email protected]. I am not a certified commodities trading advisor, understand this. Thanks for looking. (The next chance a profit rollover will take place is the day of the Spring Equinox for North America)
Участник с Jan 16, 2014   416 комментариев
Feb 10, 2014 at 18:41
Equity curve looks a little bit unstable BUT hey, +183,95% are anyway great. Keep it up!
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