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

[kalpit210]

I see a possible sell stop opportunity in USDCHF chart at the H1 level -- what do you guys think?

[Andrey]

hello everyone!

im new here.. is anybody here??

regards

Andrey

[wirrison]

I see a possible sell stop opportunity in USDCHF chart at the H1 level -- what do you guys think?

I think that one is good, but I also think you got in too late.. But in the end, after looking at the charts, you did ride ur trade to the end, coz the CHF reached that level recently.

IT WOULD BE GOOD IF PPLE POSTED OPPORTUNITIES FOR THIS STRATEGY, SO THAT PPLE CAN LEARN QUICKER....

[Andrey]

what ist happend here?? nobody here??? hellooo we must bring this thread to life again!!! its too quiet here, people

Possible trade in gbp/usd??

Please report

[Andrey]

possible trade in eur/usd?

[Andrey]

gbp/usd daily

[Fxprince]

Finally people start to post possible setup again...

Hi Andrey,

Looking at GBP/USD you post earlier..looks like the trend is Down/Bearish
but when i look on my chart, I thought the trend is Up/Bullish..since i had problem identifying the trend, usually i used indicator for help (RSI,EMA34,ADX) and all showed uptrend.
But when i zoom out then i can see the setup you posted...downtrend

so i'm confuse now..is it uptrend or downtrend...and how far we need to zoom out the chart to ACTUALLY see the trend..??

[Andrey]

yeah.. im not alone here

@ Fxprince

first i look at the daily chart and i try to make it as small as possible to see the generally picture of the chart and so i see in gbp/usd a down trend, but if you look at the h4 chart you will see, that we have an up trend. so you wait for a set up in the daily chart for the down trend oder in the h4 chart for the up trend. I hope i could help you.

regards

Andrey

[Andrey]

possible trade in eur/chf. down trend in the daily chart, but i go short in the 4h chart.

[Fxprince]

yeah.. im not alone here

@ Fxprince

first i look at the daily chart and i try to make it as small as possible to see the generally picture of the chart and so i see in gbp/usd a down trend, but if you look at the h4 chart you will see, that we have an up trend. so you wait for a set up in the daily chart for the down trend oder in the h4 chart for the up trend. I hope i could help you.

regards

Andrey

Hi Andrey,
Thanks for your reply
So the Daily is Downtrend and H4 is Uptrend...if i want to trade in smaller TF, let say 1H&30M..which trend should i follow..Daily or H4..??
from your explanation above seem that we counter trade (H4) against the Main Trend (Daily)...

Sorry if i'm keep asking...but i really need to understand how to determine the trend first..if not then no matter how good this strategy is if i couldn't even determine the very basic thing (trend) then it's no use...

Another thing is the Stop Loss..if let say if enter trade (SHORT) base on 3 trend line ( point a-b-c ), i enter trade at point c (SELL)..so my SL should be above point C or above point B...??

thanks
Fxprince

Btw, nice setup in eurchf you posted..