Universal Trend Trading

Opened long Palladium @ 653.15

Account Value 169k

 

Closed long AudUsd with loss -2k

Account Value 169k

 

Closed short EurUsd with loss -521
Closed long Palladium with loss - 189
Closed long UsdChf with loss -1.3k
Closed short EurJpy with loss -1.1k

Account Value 166k

 

Hi,
What sort of reasoning do you use for "trend" and why go long or short ?

Thank you

 

Two long term indicators. One gives me direction, second (SMA) gives me a price level. Both set to 260 days.

 

did you self learn or are you following some direction from a service ?

sounds good...

 

Self learnt.
Good? I'm in historical drawdown.

 

Opened short Oil @ 89.80
Opened short AudUsd @ 1.0165

Account Value 157k

 

Keep up the good work. A lot of members are fading you and making money.

 

Glad I could help.