Trend Following Quest - Page 2
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Thread: Trend Following Quest

  1. #11

    Trade 16. Failed up trend trade with a reduction of -48 pips (-$24.30) in three days.
    Trade 17. Successful sister trade in a new down trend, using a total of 16 pips ( $12.76) in 20 hours.

  2. #12

    Trade 18. Sometimes you miss a trade for 1 pip, along with other people you find that a 70 pips pullback just before reaching your target! Successful down trend trade using a total of 124 pips ($74.34) profit in two days
    Trade 19. Eight days spent to get an up trend that only failed miserably with a total of -32 pips ($11.60) loss.

  3. #13

    Trade 20 . Failed down trend commerce on CADJPY (again) for a total of -16 pips ($11.01) reduction )
    Trade 21 . Speedy profit at beginning of a new up trend for a total of 13 pips ($6.72) profit.
    Trade 22 . Took exactly what I could in this upward trend for a total of 48 pips ($18) profit.

  4. #14
    Quote Originally Posted by ;
    1. Problem =gt;....Detect a new trend in order to exchange it =gt; Surf the wave once you view it.
    Finally the master creates a thread. Congrats and hope that you amass lots of green pips. Sometimes we have to be patient waiting for the tendency and it makes many traders fail because they can not endure waiting a long time.

  5. #15
    Quote Originally Posted by ;
    quote Ultimately the master creates a thread. Congrats and hope you collect lots of green pips. Occasionally we must be patient waiting for the tendency and it makes many traders fail because they can't endure waiting too long.
    Hi! Well, it's a bit excessive to talk about a master, I simply try to trade trends the better that I can, but thanks for the intention.

    Yes, trade by trade I am studying to be patient, I am increasingly convinced that it's one of the keys to success.

    Thank you for stopping by and I hope you're doing well also!

  6. #16
    Quote Originally Posted by ;
    quote trade by trade I'm studying to be patient, I'm more and more convinced that it's one of the keys to success. T
    seemingly it's a key ingredient, but unfortunately for many of people are still struggling to comprehend the language of market not understanding enough amplifies impatience, they go hand in hand a total destruction if one is not careful with risk they're taking while in the still learning stage.

  7. #17
    Quote Originally Posted by ;
    quote seemingly it's a key ingredient, but sadly for a lot of us are still trying hard to comprehend the language of market not knowing enough amplifies impatience, they go hand in hand a total destruction if a person isn't careful with risk they are taking while at the learning phase.
    It's a key component, and one thing that you need to understand is that the market test you again and again, so that you have a system with rules in place and act appropriately. Look at my commerce 20 on CADJPY, I was some 100 pips in profit, and my rules telling me to not exit, then the market retracted along with the commerce terminated at a reduction of -16 pips. Can it be a bad trade? I think that for many yes but for me not, even when I lost those 100 pips, because I exchanged by my rules, so learn to be patient and learn to lose rather than be frued by it.

    I am still trying to ch a fantastic trend in CADJPY (more than 100 pips) without success but I know it will come...

  8. #18

    Trade 23 . Quick profits at the beginning of a new downtrend totaling 15 pips ($10.46) in profit.
    Trade 24 . Could ch 33 pips ($21.13) within this aborted up trend. Not yet the actual thing...

  9. #19

    Trade 25 . Really nice down trend recorded on EURUSD to get a total of 124 pips ($61.94) in profit. There is nothing indiing the down trend was about to stop but that was my profit taking target.

    Trade 26 . New failed tentative on CADJPY to get a loss of -59 pips ($43.08)

  10. #20
    Quote Originally Posted by ;
    image Trade 25. Really nice down trend recorded on EURUSD for a total of 124 pips ($61.94) in profit. there's nothing indiing that the down trend was about to stop but this has been my profit taking goal.
    Now that's how it should be done riding the waves I'm sure surfers feel that rush also a sense of achievement.
    If you ride the tide for instance on 1h do you look at greater TFs such as daily or 4h?

    I do know the benefit of concentrating on couple of pairs
    but why EURUSD or even CADJPY?

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