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

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

Postby simpleforex » Wed Jan 12, 2011 7:42 pm

short setup happening on gbpchf
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gbpchf trade setup.gif
gbpchf trade setup
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Wed Jan 12, 2011 7:56 pm

this is a discussion regarding the info in the chart below...

open for discussion...
Attachments
have you noticed.gif
have you noticed
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Wed Jan 12, 2011 8:01 pm

my yesterday's closed trades: eurusd -30 pips, gbpusd +15 pips, usdcad +15 and usdchf -10 pips
audusd made 52 pips
Attachments
audusd out.jpg
audusd out
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Ramirez » Wed Jan 12, 2011 8:25 pm

@ simple forex

I entered in this trade, after beginning of the second candle
What do you think about this trade? Was it right, entered in this?
Attachments
eur aud 4 h.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Wed Jan 12, 2011 8:28 pm

simpleforex, It is always easy yo do it after it has happened, but this is the way I would have done it, I would switch to 1H TF, find out which resistance level has been broken and then place a limit order at that broken level.
Attachments
gbpusd.jpg
gbpusd
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Ramirez » Wed Jan 12, 2011 8:45 pm

Hi,

I'm not sure if this trade is worth to take?
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eur chf daily.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby TrendTrader » Thu Jan 13, 2011 4:09 pm

simpleforex wrote:
Ramirez wrote:@ simple forex

have you still activated your Eur/Usd Entry? Because it's getting close to the entry


hi, Ramirez, just pending order...retest of broken trendline..will it head back down?
i have swithched to the 15min TF and placed my sell stop order a few pips under the support levels found in the the 15min TF.

Cheers

This was a great trade setup, I went long at 1.3126 and closed it at 1.3363. May be if I was front of my desk, I would closed it earlier as emotions hits in.

Great job SimpleForex.

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

Postby simpleforex » Thu Jan 13, 2011 9:28 pm

the usdcad trade was closed at BE and this eurusd trade closed with 23pip loss.
Attachments
eurusd trade update.gif
EURUSD TRADE UPDATE
Last edited by simpleforex on Thu Jan 13, 2011 9:38 pm, edited 1 time in total.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Thu Jan 13, 2011 9:36 pm

Rom wrote:
simpleforex wrote:this is a discussion regarding the info in the chart below...

I dont have not much experience with this, but my feeling is a one hour trailing SL will work on a daytrend, moving SL to low of last hour step by step.

GBPUSD.png


yes, that looks good.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Thu Jan 13, 2011 9:42 pm

TrendTrader wrote:
simpleforex wrote:
Ramirez wrote:@ simple forex

have you still activated your Eur/Usd Entry? Because it's getting close to the entry


hi, Ramirez, just pending order...retest of broken trendline..will it head back down?
i have swithched to the 15min TF and placed my sell stop order a few pips under the support levels found in the the 15min TF.

Cheers

This was a great trade setup, I went long at 1.3126 and closed it at 1.3363. May be if I was front of my desk, I would closed it earlier as emotions hits in.

Great job SimpleForex.

Happy trading



you did well, in fact you captured majority of that move all the way up the downward trendline.
Attachments
eurusd.gif
your trade
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