Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Post your new strategies, discoveries or just ideas for development

Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby TrendTrader » Wed Oct 12, 2011 5:08 pm

It is unfortunate this thread is quite dead even though it has a load of great information. There are always loads of setups in a single currency if we all have patience to wait for them, the pay off is great.
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"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby tozsdeprofit » Sun Oct 16, 2011 1:34 am

your chart is very confusing.
which direction do you want to trade?
The trend is bearish.
why do you looking for bullish setups?
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby TrendTrader » Sun Oct 16, 2011 8:03 pm

tozsdeprofit wrote:your chart is very confusing.
which direction do you want to trade?
The trend is bearish.
why do you looking for bullish setups?


"You chart is very confusing"
Hi, yes it can be confusing. In the previous chart, I was illustrating the past opportunities where a trader could had taking a trades "where the arrows are"

"Which direction do you want to trade"

I trade what I see and I try not to predict the market. At the time of the previous chart, It showed that it hit the yellow line RESISTANCE and it bounced back around 140 pips hit the inner trend line and bounce back up around 200 pips and broke the resistance yellow line . that's why I have trend lines, to show the supports and resistance.
I personally trade with the trend and retracements. In the previous chart, you would see the inner and outer trend lines for retracements.

"the trend is bearish" "Why do you looking for bullish setups?"

The market has been bullish for the past two weeks, it went from 1.3144 and it is now 1.3888 as I am writing this reply. Here are couple charts that show how I look at the chart. The first one 4 HT and the second one 1HT.

My regards,

eurusd expl.gif
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"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
TrendTrader
 
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Joined: Sun Dec 19, 2010 11:46 pm

Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby TrendTrader » Mon Nov 07, 2011 4:05 am

Few great setups, let'see how are they gonna turnout.

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"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
TrendTrader
 
Posts: 83
Joined: Sun Dec 19, 2010 11:46 pm

Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby TrendTrader » Mon Nov 07, 2011 4:46 am

I am waiting for 1 hour candle to close to set pending order
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eur/usd
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
TrendTrader
 
Posts: 83
Joined: Sun Dec 19, 2010 11:46 pm

Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby mooniekool » Fri Jan 06, 2012 1:12 pm

Hi, may I ask anyone still trade this strategy? Anyone interested in opening back a chat room for spotting set ups and trading them live?
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby imitas » Sun Feb 19, 2012 5:25 am

Hi, I would like to open some chat room for discussion about potential setups? I wanna start trade live next month and it would be good to share the trades. My email is:
imitas@seznam.cz. Thank you for replay.
James
imitas
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby ktshahid » Thu Mar 01, 2012 8:36 am

Hi,
I'm new here. Have studied the original thread, truly awsome.
Now studying this thread, at page 70 now :-) along with demo testing.
If any body is still interested we can share setups.
Cheers,
ktshahid
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby xeurox » Sun Mar 04, 2012 7:00 pm

I just found this thread a few days ago and I realy want to learn this system..

So here is my potential setup. what do you think?
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby vky » Fri Apr 20, 2012 4:25 pm

have i done this trade correctly?
Attachments
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eurgbp
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