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

[simpleforex]

I ALSO GOT STOPPED OUT IN USDCHF TRADE I TOOK YESTERDAY AT BREAK-EVEN.


but decided to give it a 2nd shot with only 10 pip risk and went to bed...

when i woke up this morning, this was the screen that was staring at me...

[simpleforex]

I will take partial profit off, maybe 0.9 lots off this usdchf trade if the high of the previous candlestick is violated and leave 0.1 lots running and see how it goes.


Ok, folks, this is thursday 9:50am here, its nice and sunny day outside...sitting in my room, looking outside, there is a nice gentle breeze and yes, its good to be alive.

and I have forgotten to fill my tummy...its grumbling

Gotta go!

Cheers!

[TrendTrader]

I ALSO GOT STOPPED OUT IN USDCHF TRADE I TOOK YESTERDAY AT BREAK-EVEN.


but decided to give it a 2nd shot with only 10 pip risk and went to bed...

when i woke up this morning, this was the screen that was staring at me...

Simpleforex, great trade you have there, I always thought 1 lot isn't enough to make that much of profit, but lately, I found out it does. As long as we wait for a good setup and then abundance comes in to you with no limits.

It does pay to be consistent with our plan. The first trade I entered earlier triggered a stop loss, but I managed to get back in after a strong reversal candle showed up at the resistance level"learning from the pro" it paid over 100 pips, and I entered a second trade @1.4380 and got an additional 50 pips extra.

That's right, it does pay to be patient and disciplined as planned.

My regards,

[TrendTrader]

7hrs later, usdchf trade...

This is something I use to increase my account fast...capitalizing on the move. You got to develop the skill to get in and add on as trade moves in your favour. you just got to have the patience to wait for them to happen and get in.

regards

Hi simpleforex, here is what you described to increase the account fast , it works like hell!! adding up as the market keeps going my way. Thanks for the great ideas

So far 163 pips

My reagards

[honghy]

7hrs later, usdchf trade...

This is something I use to increase my account fast...capitalizing on the move. You got to develop the skill to get in and add on as trade moves in your favour. you just got to have the patience to wait for them to happen and get in.

regards

Hi simpleforex, here is what you described to increase the account fast , it works like hell!! adding up as the market keeps going my way. Thanks for the great ideas

So far 163 pips

My reagards

Hi Trendtrader,

1. Can you share a bigger picture of how you draw the TL? I was following EUR but I don't see the retracement hit any TL?
2. I spot another trade on Aussie which hit the hourly TL and retrace which I entered based on 15m timeframe.

AUD

AUD.tif (2.56 MiB) Viewed 9271 times

Cheers

[tozsdeprofit]

Eur/Gbp H1

[TrendTrader]

7hrs later, usdchf trade...

This is something I use to increase my account fast...capitalizing on the move. You got to develop the skill to get in and add on as trade moves in your favour. you just got to have the patience to wait for them to happen and get in.

regards

Hi simpleforex, here is what you described to increase the account fast , it works like hell!! adding up as the market keeps going my way. Thanks for the great ideas

So far 163 pips

My reagards

Hi Trendtrader,

1. Can you share a bigger picture of how you draw the TL? I was following EUR but I don't see the retracement hit any TL?
2. I spot another trade on Aussie which hit the hourly TL and retrace which I entered based on 15m timeframe.

The attachment AUD.tif is no longer available

Cheers

Hello Honghy,
First of all, I really didn't wait for the candle to cross and enter, but I had anticipated the cross since we had bad unemployment figures, so I purchased a partial of a contract and kept buying while there was a confirmation of an uptrend.

[tozsdeprofit]

Eur/Gbp H1

5th trade eur/gbp 1H

[TrendTrader]

Here is possible trade, it retaces to 50% fibonacci exact and hopefully is going back up to reach new resistance.

[simpleforex]

Hello folks!

Loses are part of the game...

"It's not whether you are right or wrong that matters, but how much you make when you are right and how much you lose when you are wrong."