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

[toinou21]

Nice one il brigante, haha

My trades today, I have one loss already 21 pips on eur/usd.

[Ramirez]

Eur / Chf

Setup with a R:R 1:5

[mark005]

hi guys and thanks to all for keeping this thread alive ! ive been using this method for some time now and getting good results but was wondering if anyone is still using the original Myron rules of 5 pips above/below candle for stop and entry ?

Good trades to all !!

[TrendTrader]

Check this out USD/JPY. It's been going down all day. Good one to watch

[TrendTrader]

[Melisa]

check out gbpusd right now, 1H TF

[TrendTrader]

[Melisa]

Hi all,
decided to share my view how i TRY to trade, maybe it will help for someone too.
In most time it helps me very much, its simple becouse its all about support and resistance and everybody knows it:)
Well, everybody also know, that trading is 0 sum game and .... its all about people IN PAIN! only by taking others money markets can move.

So when i make a trade, i think : is anybody in pain? i meen where is others SL? When markets take their stops, i enter and my entry should be as close to S/R as possible. That's it- its simple!
see picture of todays GBPUSD set up, lets see if my analysis was correct. Pic. can tell more than 1000 words:)

Melisa

[Melisa]

regarding take profit level:
i like to put 161% fib extention level. It works very often.
For GDB USD it should be 163.90, will it be so this time? Let;s see...

[TrendTrader]

regarding take profit level:
i like to put 161% fib extention level. It works very often.
For GDB USD it should be 163.90, will it be so this time? Let;s see...

You naild it Melisa!! Here is the chart for it.It did hit the bottom Trend line.