hello guys,
I entered too tat trade on USDJPY.. SELL USDJPY..
any other possible trade??
thanks
MarketingPro wrote:I came across your old Forum postings regarding Myronn's Trendline Trading Strategy...
http://forex-strategies-revealed.com/ad ... g-strategy
...and, as it was originally posted a 18 months or so back, just wondered how you guys were getting on with using it now, and how it's working out for you?
Also could anyone clarify one thing in the Trendline Strategy. On the above page in the Trading Rules Myronn quotes "at least 5pips below the LOW of the candle that touches or intersects the trendline" but then in the screenshot image below the text he states "below the CLOSE of the candle"...
...can I ask is the Buy/Sell Stop (entry point) of the Strategy 5 pips below the "LOW" (or above the High) OR is it 5 pips below/above the "CLOSE" of the candle that breaks the trendline?
Thanks for your help in understanding this.
Return to Forex trading strategies and systems