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

[TrendTrader]

USD/JPY is testing the trend Line again. let'see what will happen. I placed my Buy stop.

[Melisa]

well, i am out now.
This time it worked very nice:)

[il brigante]

Good one, Melisa

Went short nzdjpy, locked 72 pips

[Melisa]

thanks il brigante,
wanted to ask you , what means that arrow on your chart - entry candle? i cant find what TL you used for your entry? did you enterd on horisontal level break?

i checked my nzdjpy chart, i dont see such big candle!

thanks!

Melisa

[Melisa]

Hi
pls see my nzdjpy chart and how i would look for the entry.
do i look too complicated in finding set ups?

Melisa

[Melisa]

hi all,
i thound interesting info how this TL strategy works using Elliot waves.

if you like to count check it out
http://www.trading-naked.com/Divergence ... Howard.htm

So i would say - it only confirms why this strategy works so good, we just need to put odds in our favour!

happy trading!
Melisa

[il brigante]

To Melisa

The arrow is my entry candle.
I entered based on the break of the previous day low.
There is an irregular spike on my chart already reported to my broker. You chart is the right one.

[toinou21]

Here are my winning trade, I have 1 loss today, with gbpjpy, i was waiting a reversal. maybe we should post our loosing trades, instead of winning, then we could debrief and learn from our mistake ?

[TrendTrader]

Here are my winning trade, I have 1 loss today, with gbpjpy, i was waiting a reversal. maybe we should post our loosing trades, instead of winning, then we could debrief and learn from our mistake ?

Hi toiNou,
Wow, you did great job, you nailed it all the way! is that in your real account? I hope so. I don't see you placing a stop loss. I am learning from my mistakes lol"stop loss" the hard way.

Happy trading

[toinou21]

here is silver hello trend trader, yes it s my live account,(hum how to say that) i don't use stop loss from mt4, i use my EA ( swiss army EA to manage it) first step it s a stop loss, then breakeven, then trailing stop to finish the trade. MT4 is not really good because the minimum is 15 pips, but with my EA i can use 5 pips trailing stop to close the trade for me it's nice hehe.
here is my last trade on silver using 0,01 lot. Just wanna see if the strategi is working on smaller time frame (M5). And i guess it's working, take a look at the picture. I show you my winning trade, but it doesn't mean I am 100% sucessfull, sor far this week my sucess rate is 72%, so I think im far from you, trendtrader, or il brigante and simpleforex. I still have a lot to learn ^^