This setup ist awesome! ...and I missed it, Dammit!
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Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by Ramirez » Tue Jan 25, 2011 7:30 am
@kalpit2010
This setup ist awesome! ...and I missed it, Dammit!
This setup ist awesome! ...and I missed it, Dammit!
- Ramirez
- Posts: 31
- Joined: Mon Dec 27, 2010 7:48 am
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Fri Jan 28, 2011 1:48 pm
The Eur/Usd hit the resistance and bounced back a good 180 pips. Let'see how far can it go. I will post the chart later on.Time to go to work.
this forum is little dead, let's bring it back to life guys.
Happy trading
this forum is little dead, let's bring it back to life guys.
Happy trading
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Mon Jan 31, 2011 5:50 am
Hi all, this is my second time I am posting the chart with trend lines. I am still practicing this the trend line strategy. So if there are any comments on how I draw them right or wrong, plz comment. We are all here to learn. Thanks
Happy trading
Happy trading
- Attachments
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"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Tue Feb 01, 2011 5:25 pm
There is a possible setup on USD/JPY TF 4h it is touching @the support as I am typing, and I am considering it to bounce back from support. Let see what's the outcome.
Happy trading
Happy trading
- Attachments
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- USD/JPY
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by simpleforex » Tue Feb 01, 2011 6:09 pm
TrendTrader wrote:There is a possible setup on USD/JPY TF 4h it is touching @the support as I am typing, and I am considering it to bounce back from support. Let see what's the outcome.
Happy trading
definitely! switched to the 1hr tf to put my buy stop order, if it does move upward, at least i do have early start to collecting some pips.
aslo a possible setup on gbpjpy 4hr tf.
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- usdjpy pending order
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- gbpjpy pending order
- simpleforex
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Wed Feb 02, 2011 6:51 am
I am using parallel trend lines for USD/CAD to find Median line and predict where the market is going for support.
Let'see how it is going to turn out.
Let'see how it is going to turn out.
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- USD/CAD
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by jimnovak » Wed Feb 02, 2011 1:00 pm
hi all
i've been reading this post (strategy) and all its followups since it was first posted. in a nutshell, isnt this just trendline trading basically? it sounds alright and logical as everybody knows trendlines dictate the moves until broken.
one thing i might add is define areas of supply/demand as usually these are the areas trendlines tend to turn back to. defining areas of demand/supply is a different topic in itself.
jim
i've been reading this post (strategy) and all its followups since it was first posted. in a nutshell, isnt this just trendline trading basically? it sounds alright and logical as everybody knows trendlines dictate the moves until broken.
one thing i might add is define areas of supply/demand as usually these are the areas trendlines tend to turn back to. defining areas of demand/supply is a different topic in itself.
jim
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jimnovak - Posts: 2
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Wed Feb 02, 2011 2:44 pm
Good call simpleforex on GBP/jpy is forming a pin bar at this moment, it is worthed to watch.I am still riding AUDCAD, the set up is doing great. USD/CAD is also retracing. GBP/USD is forming a pin bar also, good one to watch.
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Wed Feb 02, 2011 3:05 pm
The charts I posted didn't go through. I am gonna try again.
- gbp/usd
- gbp/jpy
- aud/cad
- usd/cad
- usd/jpy
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by simpleforex » Wed Feb 02, 2011 9:43 pm
got in on usdjpy trade. cancelled the gbpjpy trade when trendline was broken
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- usdjpy trade update
- simpleforex
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