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Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Wed Jun 29, 2011 4:35 am
Chart talks for itself
"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.
“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 !
by TrendTrader » Wed Jun 29, 2011 5:35 am
eur/usd before the Greece vote.
"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.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Wed Jun 29, 2011 7:14 pm
"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.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by il brigante » Wed Jun 29, 2011 7:31 pm
nzdchf long, locked in 67 pips
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Wed Jun 29, 2011 8:45 pm
il brigante wrote:nzdchf long, locked in 67 pips
Hi Brigante, great job.
It seems to me you are using breakout strategy ,am I right? since I don't see much trend lines. You buy above resistance as I see in your chart. it works! cool.
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.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by il brigante » Wed Jun 29, 2011 9:11 pm
Hi TrendTrader.
Yes, breakout works best for me at a confluence of fibo levels.
By the way how do you replay with the quote as you did, I am getting too old for those kind of things. Thank you.
Il Brigante
All The Best
Yes, breakout works best for me at a confluence of fibo levels.
By the way how do you replay with the quote as you did, I am getting too old for those kind of things. Thank you.
Il Brigante
All The Best
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by il brigante » Wed Jun 29, 2011 11:44 pm
TrendTrader wrote:il brigante wrote:nzdchf long, locked in 67 pips
Hi Brigante, great job.
It seems to me you are using breakout strategy ,am I right? since I don't see much trend lines. You buy above resistance as I see in your chart. it works! cool.
happy trading
My mistake, I did not explain myself properly. But I did work it out myself, silly me...
Here is another gbpusd long in @1.6007 with SL @.1.5905, R 102 pips, trailed my SL to 1.5963
Reasons: Prices bounced from 161 BC and from 127 AB, then broke my DTL.
Hope it helps
Cheers
Il Brigante
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Thu Jun 30, 2011 1:53 am
il brigante wrote:TrendTrader wrote:il brigante wrote:nzdchf long, locked in 67 pips
Hi Brigante, great job.
It seems to me you are using breakout strategy ,am I right? since I don't see much trend lines. You buy above resistance as I see in your chart. it works! cool.
happy trading
My mistake, I did not explain myself properly. But I did work it out myself, silly me...
Here is another gbpusd long in @1.6007 with SL @.1.5905, R 102 pips, trailed my SL to 1.5963
Reasons: Prices bounced from 161 BC and from 127 AB, then broke my DTL.
Hope it helps
Cheers
Il Brigante
No problem bro.
Cheers,
"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.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by TrendTrader » Thu Jun 30, 2011 1:58 am
Eur/gbp is find resistance level just before the TL.
"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.
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
- TrendTrader
- Posts: 84
- Joined: Sun Dec 19, 2010 11:46 pm
Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !
by il brigante » Thu Jun 30, 2011 2:28 am
TrendTrader wrote:Eur/gbp is find resistance level just before the TL.
Are you in this trade already? I am also looking at it, but would like to see that it reaches his top once more and the look at it again. But what do I know anyway??!!!!
IB
- il brigante
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