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

Post your new strategies, discoveries or just ideas for development

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

Postby il brigante » Mon Jan 10, 2011 11:28 pm

I was long usdjpy, I risked 30 pips, I did not like how it behaved I covered half at -10 pips and the other half I was able to close at B/E.
It looks like it is going the way I had anticipated, but I do not care, I cared to minimise my loss.

Like simpleforex I set all my pending order and relax. Catch you tommorrow.
Attachments
usdjpy.jpg
usdjpy close
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:23 pm

got stopped out on the usdchf trade, 36pip loss
Attachments
usdchf trade update.gif
usdchf trade update
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:24 pm

got stopped out on nzdusd trade, break even.
Attachments
nzdusd trade update.gif
nzdusd trade update
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:27 pm

il brigante wrote:Thank you simlpeforex showing what you do, You are a Star.

Im short audusd, I risked 30 pips, I made my risk and coved half and moved my S/L to B/E, it feels nice to have a free trade.



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

Postby simpleforex » Tue Jan 11, 2011 7:32 pm

possible short setup on gbpusd in the 4hr TF
Attachments
gbpusd trade setup.gif
gbpusd 4hrs setup
Last edited by simpleforex on Tue Jan 11, 2011 7:35 pm, edited 1 time in total.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:35 pm

and I have switched to the 15min TF to place my pending order.
Attachments
gbpusd trade setup 15min tf.gif
GBPUSD 15MIN TF
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:44 pm

NZDUSD TRADE SETUP. i think the trendline has been broken, price seems to be hanging around the broken TL retesting it. i also looked at the daily candlestick and it is bearish. and also the red bearish shooting start candlestick in the 4hr TF. im betting it will do down.
Attachments
nzdusd trade setup.gif
nzdusd trade setup
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:48 pm

usdchf...
Attachments
usdchf watch.gif
watch usdchf
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:51 pm

also watch usdjpy
Attachments
watch usdjpy.gif
watch usdjpy
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Jan 11, 2011 7:55 pm

also watch gbpjpy
Attachments
watch gbpjpy.gif
watch gbpjpy
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