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

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

Postby chintopinto » Fri Nov 27, 2009 12:47 pm

Today i don't see any setups....i hope every one has a nice weekend, lets see next week how thing are.

Best regards.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Almandine » Fri Nov 27, 2009 1:46 pm

chintopinto wrote:[quote="chintopinto"The setup was a one that i liked because the price had bounced back from the TL, but as we all know, price will, at some point violated the TL :( :(

Regards


Yes it did. I set up a breakout buy stop order too beside the Myronn one, and it triggered after the first trade hit the SL because of the upward movement. After a while it won more than the opposite trade lost. At this point I moved up the SL to breakeven (not counting the lost trade), and when the price fall back, it was hit too. Such things happen.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Absh » Fri Nov 27, 2009 2:31 pm

Hi guys,

Went through my charts today and was able to spot 3 trades, was able to enter the audusd order but missed the other 2.

There are some promising orders that may occur next week, we could see how it turns out.

Regards,
Attachments
usdcadh4.jpg
eurusdh4.jpg
audusdh4.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Absh » Fri Nov 27, 2009 2:46 pm

Hi again,

Here are two more trades that are worth checking out next week.

its audcad h4 and gbpusd h4.

Regards,
Attachments
gbpusdh4.jpg
gbpusd h4
audcadh4.jpg
audcad h4
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby chintopinto » Mon Nov 30, 2009 7:44 pm

Hi to all,

The major trends are turning the other way, we don't know if this is just a small turn or a change on the direction of the trends, we'll see ...just time will tell.

As today ...i was not able to find any good trade setups.

Anyone find any setups??

Best regards to all.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby chintopinto » Mon Nov 30, 2009 8:08 pm

Hi guys,

This is the only one i was able to spot....if the price comes down and bounces of the TL.

Regards.
Attachments
EURGBP.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby chintopinto » Mon Nov 30, 2009 8:10 pm

Today price has not move to much...lets see how this trading week turns out.

Regards.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Las » Mon Nov 30, 2009 9:47 pm

Hi Guys,

I'm from Brunei.Just want get your opinion on my set up,I tried to trade by using Myronn strategy.Am I right doing it?.I draw channel on Daily looking for price bouncing back or getting back into the channel when it breaks the trendline.Then I draw channel again on H4 according to the price bouncing on the trend line on Daily then draw trend line again according to price bouncing on the trend line happens on H4.Means I can trade on 30m,H4 and Daily.But the price keeps touching my stop loss.I have been demoing this for 3 days only.Maybe you guys can help me out.

Cheers,
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Las » Mon Nov 30, 2009 10:00 pm

I found that most of the time the market forms a channel on every time frame.I will not enter H4 whenever the price nearly touch the trend line on Daily,same thing with 30m.Maybe my problem is about putting a stop loss and I don't move my stop loss as price increases or decreases.

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

Postby Swift » Tue Dec 01, 2009 1:51 pm

Hi all,

I am convinced this system works. I will start testing with you guys. Great forum and team.
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