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

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

Postby simpleforex » Fri Dec 17, 2010 8:40 pm

also EURJPY possible trade setup to watch for nxt wk...
Attachments
eurjpy possible trade setup.gif
eurjpy possible trade setup to watch for
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Fri Dec 17, 2010 8:54 pm

this is a good short setup for monday 20th dec. a sell stop order just under the low of the red shooting star candle is a good way to start.......stop loss, just a few pips 5-10pips above the high of that candle, tp target, previous swing low.
Attachments
gbpchf short setup.gif
gbpchf setup to watch for on monday
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Fri Dec 17, 2010 9:02 pm

I HOPE IM NOT MAKING ANYONE IN HERE BORED WITH MY CHARTS.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby GoldenEye » Sat Dec 18, 2010 5:38 am

haha... anything but bored simpleforex. Learning from the setups.
Got stopped out a couple of times this past week - not a good week for me.
The shooting star killed my order on the CHF/JPY. Still looks like a good entry to me.
Let me know if you disagree.
Attachments
CHFJPY.png
CHF/JPY looks like a good one
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby bluehdi » Sun Dec 19, 2010 4:46 am

Hello , I´m new here.
I will show my trades trying to leran how to use this system.
Thanks all the people that works in this thread.

Now i see this in 4H

Image

Image

and in Daily ,

Image

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

Postby simpleforex » Sun Dec 19, 2010 7:43 pm

hi GOLDENEYE, chfjpy daily still looks to me a good opportunity to go short, might have to go to the 4hr&1hr tf get in a good spot.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Sun Dec 19, 2010 7:46 pm

hi BLUEDI, wait for a touch of the trendlines on the 3rd, 4th and 5th instance etc...and enter as per the rules of the strategy.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby bluehdi » Mon Dec 20, 2010 5:37 am

Thank you simpleforex,
this is my current trade in daily

Image

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

Postby Azim166 » Mon Dec 20, 2010 6:52 pm

Hi everyone! i have a possible setups in USD/JPY H4 charts.

I normally trigger my trades in H1 chart.
azim.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Mon Dec 20, 2010 7:07 pm

300pips and might get some extra more as the trendline is broken and i expect more downward move on this GBPJPY currency pair.
also took a 2nd short entry on this pair as well.
Attachments
gbpjpy trade update.gif
gbpjpy trade update
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