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

[TrendTrader]

this must be a good setup. Let'see what will happen. Guys, correct me if my trend are wrong. I am still learning myself.

audnzd

Daily AUD/NZD

[simpleforex]

anyone took a shot at this trade setup???

Hi,

I entered. I moved the SL to BreakeEven because was Friday. What do you
think? Thanks.

Maudur.

EURGBP Feb-26-11.JPG

You did well

[simpleforex]

watch out for eurcad...very bearish candle on the daily.pending orders both ways for the time being and see how it goes...

[simpleforex]

some setups happening...will post a few...

[simpleforex]

euraud, wait for it to come down and touch TL...

[simpleforex]

eurgbp...its heading down to the UPWARD TL,..Wait for this to come and touch TL too buy consider buying...

[simpleforex]

nzdusd...wait for a touch of downward TL...market is close to the TL...

[simpleforex]

Remember a wk back i posted something about watching the larger timeframes and entering in the smaller timeframes on the gbpusd??? well, on the daily, its slowly creeping up to the major downward TL...this is ONE pair to watch carefully as such market moves this kind of setup can bring hundreds of pips

[simpleforex]

watch for a downward bounce from the BROKEN TL if it goes and touches it...might present good opportunity to go short...

[simpleforex]

USDJPY...heading down to the upward TL...watch for an upward bounce and opportunity to buy.
somthing worth waiting and watching for I suppose...

Enjoy!!!