Recent content by TheTS

So....thats the theory. In practice it never that easy. The next step is to add an 8 period moving average to those markets we have on our watch list. I leave this off while filtering just to keep it as simple as possible. What we are looking for is the market to retrace to cross below its...

Once you have your watch list of trending markets, the next step is pretty logical. If the market is rising, what for the retracement and buy the dip. I mentioned earlier that a rising market makes a series of higher highs and higher lows. So, after the market has made its new high, it will...

After you've gone through the above filtering process you should be left with a few markets that appear to be trending. We've cut out the ones where there is no obvious direction, favouring those where either the bulls or bears are in control. In terms of markets to look at, as mentioned...

At this stage you should be looking to simply answer the question "is this market trending". If you don't know, it's not! Add those markets that are trending to your watch list. Next, we are simply going to wait until they retrace and then buy or sell back into the prevailing trend. It's...

The first to do is to identify those markets that are trending. I think differently to a lot of traders in that I'm not particularly interested in what market I trade. Many have there favourites and some only trade one market, hoping "to get to know it." Me, I don't care. I'm only interested in...

The theory here is therefore pretty simple. Identify a trending market......wait for the market to retrace......then jump aboard hoping the existing trend will continue

The attached chart shows a downtrend on the hourly chart on the AUDNZD. This chart is hourly and is "live"

So..........a trending market will tend to moves in waves. The market will rise, and then pull back, and then rise again. In a rising market the market will rise, making a new short term high. It will then pull back (retrace). The pull back will then form a new low, which should be higher than...

The easiest place to start (IMO) is to jump on a trend. The logic behind this is pretty simple. A trend is place the weight of money is predominantly in one direction. If the weight of money is sending prices higher, then you look for opportunities to buy into that trend. Statistically a trend...

Something to think about..............most new traders will lurch from method of trading to another. A small losing run and the hunt for a new strategy starts again. Think of it this way. Your goal is to become consistently profitable. In order to have a consistent output, you must have a...

OK, so the title is a bit grand, but I thought I'd share some thoughts and try to help new traders. My journey has been the same as most.........I'be been trading for 12 years, with varying degrees of success in the early days. For the last 5 years I've been profitable and I thought it might be...