Directional grid trading system
Forum New Posts FAQ Calendar Community Member List Forum Actions Mark Forums Read System Links Today's Posts View Site Leaders Blogs Advanced Search. Page 5 of 6 First Results 41 to 50 of Add Thread to del. Share Share this post on Digg Del. Originally Posted by Samtastico. I see the grid trading system as a safe guard against fast price moments. If we are trading a bearish Butterfly We place our stop loss at pips put a Bullish order at pips. If price then pushes through our PRZ then our worse loss will be - 12 pips. We can then either take the loss or wait for the next fib level system be reached and exit the required position leaving the 1 open position to move our over all trade status to break even and then hopefully into profit. Hope this makes sense. Last edited by Robot Trader; at RT, I have been implementing your system recently with very nice results, I might add, for which I thank you, but only on the grid. Do you also use it on the exotics and the trading Also, it appears, as I implement your system, that it more or less resembles a stock or bond portfolio and, I suspect, can, over time, result in numerous open positions. If so, then, as with a stock or grid portfolio, one must, trading you put it, "manage" the directional as conditions change. Am I on the "right track" with my thinking and observations? I am beginning to "see the light" that, although the size of the trades is quite conservative, with a sufficient number of open trades, some ripening for profit-taking and new trades entering the portfolio as the profitable trades exit, you have, in a manner of speaking, something similar to a bond portfolio whereby each month you "clip" the interest from the bonds profits, in this case on a more or less monthly schedule. I know this is a crude analogy, but is my idea something like what you have experienced over the last couple of years in your own trades? If I am correct, your system seems to trading almost stress-free and comes very close to a conservative, yet profitable, approach to the Forex market. Your thoughts, please, when you have a free moment or two. Hello everyone, I'm Azim I'm quite interested on how RT trade divergence. I just wanna ask what Timeframe do you trade? Do you trade the hourly too? Basically, how about If D1 shows bearish divergence and H1 shows bullish divergence, do you take the bullish trade? And I also grid to ask that whether you trade Regular Divergence only? Sorry for asking too much question, I'm just so excited to know someone who trade divergence with experience. HI, Azim, If you go back to the beginning of this thread, you will see a great deal of info about RT's method. I am a newbie, 7 months demo trading, but have been implementing RT's methods with exciting results. He is the master; I am but a poor pupil, but I will share what I have done and maybe that will help you. In this thread, you will see the MACD software he uses. Download it and install it. The MACD I was using gave false signals. I only enter on the H4 or D1 chart, but RT may use more. He mentions, in the previous pages, a number of ways he spots divergences. So far, I have only used his MACD to spot divergence, but am reading up more on Bollinger bands, etc, so that I can spot other system of divergences. He also mentions that when D1 has a bullish divergence also called "convergence"and H4 or H1 builds a bearish divergence, he will close his profitable trades on that pair and re-enter at better prices. Hope this help a little bit. Hai Glenn, Thank you for clearing it up, I really appreciate it, at least that helps me to understand more. Directional by the way, Where can I download the MACD indicator? Isn't its the default one on the MT4? No, go back and you will see that he posted it in one of his replies to me. Lemme know if you can't find it. It's on page 2 of this thread. Allright sure I'll check it out, I think I overlooked some of the posts. APAMI and Grid trading strategies Refback This directional. Harmonic trading-harmonic patterns - Page 19 Forex Factory Refback This thread. Harmonic and Classic Patterns - Page 41 Forex Factory Refback This thread. All times are GMT. The time now is
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