I have found this ABC trend trading strategy!

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Old Nov 12, 2010, 1:33pm   #1
Joined Mar 2006
I have found this ABC trend trading strategy!

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ABC Trend trading strategy is a great tool!
I enter the position after turn C is finished!
I put Stop lose under point C when trading up trend.
I put Stop lose above point C when trading down trend.

For target I use money managment 1:2,1:3.
If target is not touched and turn B is over, must flat the position.
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I have try to trade this strategy and it is good when there is Hi volatility!
It works on all time-frames!

Last edited by barjon; Nov 12, 2010 at 7:20pm. Reason: removed link
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Old Nov 12, 2010, 2:05pm   #2
Joined Feb 2002
Re: I have found this ABC trend trading strategy!

This is a classic swing trading strategy. To make it work you must be disciplined enough to always respect the stop-loss. The only other difficulty is knowing where to take profits.

A 1-2-3 swing trading strategy is similar but entry is made on breach of the high of B, generating a long position.

Do not disregard counter-trend entries - they can mark significant trend-changes leading to large gains.
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Old Nov 12, 2010, 7:00pm   #3
Joined Mar 2006
Re: I have found this ABC trend trading strategy!

moby1 started this thread I see that 1-2-3 is break trough system. But ABC TREND TRADING strategy is to find entry into position near support or resistance line by using small time-frame to find bounce. Wave from C to B is the larger and we expect next B to be higher high if it's UP trend.Or lower low if it's down trend. Target could be money managment 1:2 or 1:3, or up-trend resistance line. But if we see the turn B is over and it didn't touch neither MM, or up-trend resistance line then we must flat the position no mater what!
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Old Nov 19, 2010, 12:53pm   #4
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Re: I have found this ABC trend trading strategy!

moby1 started this thread Indicators like MACD (12,26,9)for divergence, and Stochastic(5,3,3) for crossover are necessary for confirmation!

MACD- telling us when we can expect trend to be over.
Stochastic- shoving when we can expect B and C turning points.
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Old Nov 23, 2010, 9:02pm   #5
Joined Aug 2009
Re: I have found this ABC trend trading strategy!

Very similar to the way I am trading.
Is there a reason why the chart that you use for demonstration is from 2 and a half years ago?
Is this some sort of indicator that plots the points for you?
If it is an indicator, does it repaint? If so how many candles after a swing high or low are required before the B and C points are permanent. Often indicators like this look fantastic on the back charts, but put out a lot of false turning points that subsequently repaint and disappear in real time.
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Old Nov 24, 2010, 6:55am   #6
 
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Re: I have found this ABC trend trading strategy!

Quote:
Originally Posted by moby1 View Post
ABC Trend trading strategy is a great tool!
I enter the position after turn C is finished!


at last !! The Holy Grail !!!!
well spotted Sir !
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Old Nov 25, 2010, 2:36pm   #7
Joined Mar 2006
Re: I have found this ABC trend trading strategy!

moby1 started this thread
Quote:
Originally Posted by GumRai View Post
Very similar to the way I am trading.
Is there a reason why the chart that you use for demonstration is from 2 and a half years ago?
Is this some sort of indicator that plots the points for you?
If it is an indicator, does it repaint? If so how many candles after a swing high or low are required before the B and C points are permanent. Often indicators like this look fantastic on the back charts, but put out a lot of false turning points that subsequently repaint and disappear in real time.
-Only reason is that fit into one screen with zoom!
- No this is no indicator, it is how I see the trend!
- question about candles- One certain fact is that price has 12 moves in one day! (Ideal number of candlesticks would be by DeMark 9 and 14). C2 would be the best choice to enter the market. (Check for high volatility).
-To be fantastic in the future you need to adapt this strategy with "trading on the news"strategy and that would be a 15 min time GAP.
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Old Jan 8, 2011, 2:08pm   #8
Joined Mar 2006
Re: I have found this ABC trend trading strategy!

moby1 started this thread Here is video example of ABC trend analysis
It is shown how to make ABC trend analysis with support and resistance lines.
It also includes marking higher high,higher low,lower high and lower low by using
letters A,B1, C1, B2, C2,Unsuccessful B, Cx etc.
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