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

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

Postby cpr » Sat Mar 20, 2010 3:10 pm

Another Opportuniy in USDCAD. TL is from H8 timeframe and Trade Setup is from Hourly time frame..

What do you think ?
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USDCAD - Mar 20-2010.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby cpr » Sat Mar 20, 2010 3:32 pm

Another possible Short on EURGBP.
Attachments
EURGBP.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby tps » Mon Mar 22, 2010 9:05 am

Hi Cpr

eur/gbp is a trade for me

usd/jpy maybe ? its just been in such a tight range for so long maybe today is the day it breaks out

re usd cad yes it also looked good I was watching it however it broke through the trend line;

rather than the 8hr look at daily & 4 hour

I would attach charts but it seems my system wont allow me to do that
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby tps » Mon Mar 22, 2010 9:06 am

also look at eur/aud on 4hr
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby cpr » Mon Mar 22, 2010 10:33 am

tps wrote:Hi Cpr

eur/gbp is a trade for me

usd/jpy maybe ? its just been in such a tight range for so long maybe today is the day it breaks out

re usd cad yes it also looked good I was watching it however it broke through the trend line;

rather than the 8hr look at daily & 4 hour

I would attach charts but it seems my system wont allow me to do that


Thank you for your reply. Yeah.. I thought of the samething on USDJPY. There was a congestion.. Hence I avoided looking into for the timebeing..

I am looking at H4 charts,, Sometimes I see less lines on H8 than h4.. makes me to easy to spot opportunites.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby cpr » Mon Mar 22, 2010 10:34 am

tps wrote:also look at eur/aud on 4hr


I was wathing this but ther pair looks like returned back towards downside without hitting the trendline.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby cpr » Mon Mar 22, 2010 10:42 am

TPS, Also look at GBPCAD on H4..

gbpcad-Mar 21-2010.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby cpr » Mon Mar 22, 2010 10:38 pm

I am suprised to notice a lack of momentum to this thread ?

Anyways, I found possible opportunities in the following pairs.. All are on h4 chart.

AUDUSD,GBPJPY,EURAUD,GBPCAD,EURGBP,NZDJPY.

Comments ?
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby tps » Wed Mar 24, 2010 4:27 am

hi CPR

lack of momentum maybe because everybody is too busy trading; re your trade ideas;
AUD/US yes looks good on 4 hr now at around this 91.60 level I think my entry just got triggered
watch AUD/JPY (short) on 4hr chart I have a good trend line now
Eur/GBP looks like it might just be continuing down
CHF/JPY also maybe shaping up as a short

yesterday I did GBP/US & GBP/JPY didnt quite hit my target but exited at fib retracement levels instead;
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby cpr » Wed Mar 24, 2010 10:39 am

Thank you Tips.. So far, I have not taken any trade though I spotted possibilities.. Yesterday I put a entry order for USDJPY at 90.20 but it was never triggerred but the price zoomed up for another 100 pips.

Is there a way you can post your charts to understand your interpretation in relation to mine.

Since how long you are trading ? Are you profitable so far ? Are you in demo mode or real ? I am in Demo mode.. Thank you for your response.. I will look forward.
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