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

[chintopinto]

[quote="Blogworker"]For my Education please - is this Trendline correct ? I think so - i hope...its GOLD H4 ( but have a high spread )

gold_h4 .gif

Hi Blogworker,

That is, as close as it can get to a perfect trend-Line. Good job!

[JACK-FSR]

Hi chinto,

what about adding channels to charts?
Your opinion is higly appreciated

[Absh]

Hi,

Jack FSR, I can see on your charts that you use MACD. I guess it is for spoting divergences when market moves near the TL's ?

[chintopinto]

Hi chinto,

what about adding channels to charts?
Your opinion is higly appreciated

Hi Jack,

First, thank you for your contribution.

The channel seem to be a nice tool to use, i would use the outside Trend-Lines to look for trading setups.
Unles there are 2 small, or more swing low/high WITHIN two major swing high/low, just because if one trys puting together 3 swing
low/high with a outside swing in between , a trade setup like that may not work as the inside TL has been broken by the outside swing low/high.
See screen-shots and let me know if it is clear what i am pointing out.

Best regards

[chintopinto]

N

[chintopinto]

Hi Traders,

Take a look at the screen-shot of AUD/USD.
What a nice uptrend!!
We should be whatching to see if it bounce back up from the Daily TL....would be nice to see that.

Regards,

[chintopinto]

This a trade that i am in, i placed the buy stop using a 1 hour TF.
Lets see how it plays out.

Regards,

[chintopinto]

This is the trade i was in.
Since the trade setup was on 1 hour TF, i used a smaller TF to enter with smaller SL.

Regards,

[crushbeat]

hello,

potensial setup :


is it correct?

hello chinto, are u already in live trading? I mean real account, not demo.

thanks

[JACK-FSR]

Hi Jack,

First, thank you for your contribution.

The channel seem to be a nice tool to use, i would use the outside Trend-Lines to look for trading setups.
Unles there are 2 small, or more swing low/high WITHIN two major swing high/low, just because if one trys puting together 3 swing
low/high with a outside swing in between , a trade setup like that may not work as the inside TL has been broken by the outside swing low/high.
See screen-shots and let me know if it is clear what i am pointing out.

Best regards

Indeed, it's a good observation. Quite a refining of my view. I didn't think about, but really makes sense.
Thank you Chinto