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

[fxfxfx]

Hi,

Did I remember correct that in the start of the thread there was a post which stated to trade in the direction of the daily trend ?
Isn't the daily trend of EURUSD down (Lower Highs, Lower Lows) ?

I am still struggling with this system

Maybe there is a check-list (1. Draw the trend lines at daily, 2. Draw the trend lines at 4-hourly, 3. Draw the trend lines at hourly, 4. Check if Daily trend is aligned with xxx timeframe, 5...) ?

Thx in advance for your replies...

Cheers

fxfxfx

I exited EUR/USD with an other quick 83pips and I am out already. No greed.

Simpleforex, thanks for the help you are providing in this forum. it paid me well.

eurusd setup4.gif

[antonioforex]

Potential short on EURUSD if it hits the daily(navy) trendline.

[antonioforex]

Looking to go short on USDJPY.

[antonioforex]

USDCAD looking to go short.

[zilly]

eur/chf testing a pullback move to the ascending line with potential to retest this near term swing high. A little late in the day & week for this to get going, but worth a small feeder stake to check it out.

[il brigante]

Went short eurchf.

IB

[il brigante]

Went short nzdchf, took profit of 1/3 of the amount for each trade.


IB

[szgy74]

anyone tried using this SHI channel indicator for this strategy?
I think it is worth a try.

[simpleforex]

massive downward move...upward tl intersected but there is another "abnormal tl' to watch out for...the yellow one.

I posted this kind of trade setup eons back...

[il brigante]

Good to see you back Simpleforex, how is your trading going?

Il Brigante