high probability trend trading

foroom lluzers

Veteren member
3,611 135
To get highest probability trend trades , trade on 4 hourly charts , look for trends backed by fundamental news ,providing an edge to trade.Trade with an edge as follows

http://www.trade2win.com/boards/general-trading-chat/223414-what-professionals-edge.html

Use options as a loss protection

As an example
weekly dax put long cost 34 strike 12400
long cash dax 12463


http://www.trade2win.com/boards/trading-systems/223496-trading-without-stop-loss-using-options.html

Run your profits until trend line breaks on 4 hour chart.Search google for:trend line breaks , channels , price action images and psychology and trading patience videos .

Look for video on youtube and internet search :test and retest of support and resistance.


Exit ; 4 hour trend line break

Reentry : trend continuation

Use signal approval form for reading the signal.

Use set and forget method to find trends on indices on lower time frame.

http://www.trade2win.com/boards/indices/223440-edge-set-forget-indices-trading.html

Prepare a trading plan using psychology of a trader.

http://www.trade2win.com/boards/educational-resources/223390-10-steps-building-winning-trading-plan.html

Use all thisfree information on t2w and write a book , called high probability trend trading , then earn S1m a year from writing books and selling seminars.

http://www.trade2win.com/boards/psychology-risk-money-management/80752-best-threads-psychology-risk-money-management-forum.html

http://www.trade2win.com/boards/educational-resources/17056-trend-following-interview-michael-covel-5.html#post2901410


Be very patient

http://www.trade2win.com/boards/trading-journals/223330-hindsight-dax-lulz-4.html#post2899212

http://www.trade2win.com/boards/first-steps/54890-why-high-probability-trading-so-important.html

If you found this useful give directly to children's charities.
 

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WklyOptions

Well-known member
269 24
To get highest probability trend trades , trade on 4 hourly charts , look for trends backed by fundamental news ,providing an edge to trade.Trade with an edge as follows

http://www.trade2win.com/boards/general-trading-chat/223414-what-professionals-edge.html

Use options as a loss protection

As an example
weekly dax put long cost 34 strike 12400
long cash dax 12463


http://www.trade2win.com/boards/trading-systems/223496-trading-without-stop-loss-using-options.html

Run your profits until trend line breaks on 4 hour chart.Search google for:trend line breaks , channels , price action images and psychology and trading patience videos .

Look for video on youtube and internet search :test and retest of support and resistance.


Exit ; 4 hour trend line break

Reentry : trend continuation

Use signal approval form for reading the signal.

Use set and forget method to find trends on indices on lower time frame.

http://www.trade2win.com/boards/indices/223440-edge-set-forget-indices-trading.html

Prepare a trading plan using psychology of a trader.

http://www.trade2win.com/boards/educational-resources/223390-10-steps-building-winning-trading-plan.html

Use all thisfree information on t2w and write a book , called high probability trend trading , then earn S1m a year from writing books and selling seminars.

http://www.trade2win.com/boards/psychology-risk-money-management/80752-best-threads-psychology-risk-money-management-forum.html

http://www.trade2win.com/boards/educational-resources/17056-trend-following-interview-michael-covel-5.html#post2901410


Be very patient

http://www.trade2win.com/boards/trading-journals/223330-hindsight-dax-lulz-4.html#post2899212

http://www.trade2win.com/boards/first-steps/54890-why-high-probability-trading-so-important.html

If you found this useful give directly to children's charities.
FL,

Agree with some of your points above on high probability trend trading. Of course, I am a bit biased with Options strategies. :thumbs:

With respect to measuring trends and Trend Efficiency scores used by many quant-algo trading firms - T2W traders who are true trend followers may be interested in looking into the multiple-part articles on FX Algo Trend Hacks at:



The Algo Trend Hacks in the reports focused on looking at 2-bar patterns at higher time frames and added into trend momentum runs at lower time frames for high probability trend trades. The 2-bars are off Heiken Ashi candles.

Still - a good series of briefings on trend efficiency and trend entry criteria.

No matter the trend indicators and metrics, there are a couple of underlying core trend systems principles to consider following:

1. Learn and apply a multiple-time-frame systematic approach.
2. Decide if you prefer to scalp and exit trend runs (momentum bursts) - or if you prefer to go for the longer targets but have to be willing to endure the ups/downs of the price volatility from Entry to final Target(s).
3. Don't ignore Trend Lines and Key Support/Resistance Pivots. Often more important than trend indicators itself.
4. Determine Scale In and/or Scale Out betting schedules - how to apply in trend pull-backs, how to apply into trend run breakouts.
5. Do not over-bet and do not over-leverage. Trend trading can have long and significant periods of Drawdowns.

WklyOptions
 

foroom lluzers

Veteren member
3,611 135
I did this trade because cable had peaked at 1.30 and eur usd was strong

2.3 Trading EUR/GBP – Compulsory filter
• Long positions - must have EUR/USD trending higher and GBP/USD must be trending lower.
• Short positions - must have EUR/USD trending lower and GBP/USD must be trending higher.
• EUR/GBP is a noisy pair with low volatility and trends. 20 pips move on EUR/GBP is noise because Cable is noisy.
• Trade mainly systems hp10/20, macbos, trend retracement, classic trend breakout or double break rule.
• Trending definition: prices must be above mas for longs or below mas for shorts on 30 MIN (with slope, channel and trend line).
• Do not open new position after 60 pips made in one day.
• Always use eur usd and Gbp usd supports , resistances , trend lines and channels to trade eur gbp.
• 80 % of the compulsory filters must be valid on both gbp usd and eur usd.
 

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