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

[sorento]

All conditions observed,and psar has crossed over. I am in. I expect a forceful southern thrust as it will be a breakout from a tight range. Patience.Lets see how it plays out.
Regrds,
Sorento.

[chintopinto]

Hi to all,

You guys are doing a great job!!

This is a trade i have been for some time, not every one would like to hold on to a trade this long but as you know, with this method some times you have to let the trade play out to have the best of the moves that the forex marked gives you.

Regards.

[chintopinto]

Greetings CPtrader,
Your 4h NJ setup is good. Thanks for spotting it.It has only immediate cluster to contend with.The setup is by small candles.The parabolic sar is nearby which is good. Here is my adviice. Wait til the close of the present 4h, 4.00 candle.If it closes as a sell candle and de low, lower than d previous candle, then go short. U will have more confidence if de psar also crosses over. Do not however take this trade if de 4.00 candle is not lower than previous. U must wait until any subsequent candle closes with a low lower than de 0.00 candle(Alpari). UR sl should not be de immeadiate swinglow but rather de next untested S/R level which is at 62.76.This a possible reversal area depending on how price reactes to it.I will join U in de trade de moment there is a lower low.
More pips to our elbows.
Regards,
Sorento

Hi Sorento,

I like your analysis about this pair....good job and good contribution to help every one here!!

Best regards.

[chintopinto]

Hi every one,

This is an other trade that i have been in for some time.
Lets see if it is going to take the Demand Level at 79.200 and make it all the way down to 77.100. Just time will tell.

Best regards to all.

[sorento]

Hi All,
Chintopinto, just saw your beatiful setup 4h AJ.U sure can spot these things. At de present price level 79.56 the pair is having some reactions, pinbars and de rest. if U zoomout d 4h chart U will notice dat the this zone is a traditional reversal area.4rom de immediate swing low back to sept 29 4.00 candle(Alpari chart) where price is sitting on an untested cluster.Dis possiblly may be de cause of de price reaction. I am not askig U to quit but do be careful.
Meanwhile I have quit my NJ trade wpth 40 pips reward. I dont like its behaviour, perharps because xmas is at hand and many traders are vacating de marke t to resume in de newyear.
Chintopinto as U can really spot dis setups, I think it would be nice to post them here in advance and all will make a concerted analysis and take advantage of de setups.Imho we will be able to call perfect entries 4 de benefit of all.
More pips to our elbows,
Regards,
Sorento

[chintopinto]

Hi All,
Chintopinto, just saw your beatiful setup 4h AJ.U sure can spot these things. At de present price level 79.56 the pair is having some reactions, pinbars and de rest. if U zoomout d 4h chart U will notice dat the this zone is a traditional reversal area.4rom de immediate swing low back to sept 29 4.00 candle(Alpari chart) where price is sitting on an untested cluster.Dis possiblly may be de cause of de price reaction. I am not askig U to quit but do be careful.
Meanwhile I have quit my NJ trade wpth 40 pips reward. I dont like its behaviour, perharps because xmas is at hand and many traders are vacating de marke t to resume in de newyear.
Chintopinto as U can really spot dis setups, I think it would be nice to post them here in advance and all will make a concerted analysis and take advantage of de setups.Imho we will be able to call perfect entries 4 de benefit of all.
More pips to our elbows,
Regards,
Sorento

Hi Sorento,

I have attached a screen-shot of the AUD/JPY trade when i placed the order about two weeks ago.
I like to hold my trades and only move my stop lost to break even, that is how i have been doing it and it has worked for ME.
Some times it is hard for me as i want to exit the trade not acording to my plan, but at the end, the wining trades make for the small loses.
Like i said , works for me but i have to be patience to hold for two days or even two weeks some times.

I am not in any mean better than you or any one here spotting the setups, as you know, this is not my method, i am not the creadore of the System, we are all here doing what we think is better for US and the ruls of the System are the same for every one, how we use them, it is up to US.
By the way, i am glad you made some good pips, makes me happy when some one makes some pips,after all, this is what all this is about.

Best regards.

[chintopinto]

Hi to all,

I will finally exit this trade because there is a up trendline and it may test the it and move back up.

Regards.

[chintopinto]

Hi guys,

For where i see the price trading on the EUR/USD, it seems to me that the up trend may be moving to the down side at lest for now.
I would like your opinion about this one, we may find better setups to the down side for now, what you all think??.

Regards.

[chintopinto]

Hi guys,

I just placed a trade on NZD/USD take a look at it.

As you can see i have not place my stop and limit yet, to post the trade setup.

DOT NOT place trades because you see me placing one, you may not be confortable with the setups i use , as you all know I don't know where price will go after i place the trade.

I just folow a plan i have made for my self, i lose lot of trades that i place, but since i only risk a small % on each trade, when i lost is small and when i have a wining trade , it makes it for the losing ones. Like i said, I NEVER know where price will go after placing a trade and don't really care because I know that after a series of trades, i will have some profits

Regards.

[sorento]

Hi Chintopinto,
Ur analysis of de EU is interesting. As U asked after our opinion,I agree with U, but not untill it has bypassed its present level(1.4299),which it is presently reacting to as it is an untested S/R level.
More pips to ur elbows.
Sorento