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

Post your new strategies, discoveries or just ideas for development

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

Postby il brigante » Tue Dec 21, 2010 4:32 pm

I am also monitoring usdcad
Attachments
usdcad short.jpg
usdcad short
il brigante
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby ganokave » Tue Dec 21, 2010 5:14 pm

Azim166 wrote:Guys! I just triggered a long trade in USD/CHF!

Stop Loss: 23 pips
Take Profit: 95 pips

I am +7 pips now :D



My opinion you made mistake because of buy trading.
The main trend is bearish.
ganokave
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Dec 21, 2010 7:20 pm

profit target of 126 pips on gbpchf got hit
Attachments
gbpchf profit target hit.gif
profit target hit
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Dec 21, 2010 7:22 pm

usdcad pending short trade got activated. i entered in the 4hr timeframe. notice the daily tf, and the red inside candle (yesterdays candle). whats do you think?
Attachments
usdcad trade update.gif
USDCAD TRADE
simpleforex
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Dec 21, 2010 7:24 pm

also my pending buy stop order on chfjpy got activated.
Attachments
chfjpy trade update.gif
chfjpy trade
simpleforex
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Dec 21, 2010 7:28 pm

my 1st trade on gbpjpy is at 350pips profit so far, 2nd trade got stopped out with a false upward spike which later reversed. such is trading...
Attachments
gbpjpy trade update.gif
gbpjpy trade still going 350pips and maybe some more will come????
simpleforex
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Dec 21, 2010 7:35 pm

USDCHF POSSIBLE TRADE SETUP. MIGHT GET AN UPWARD BOUNCE OFF THE TRENDLINE. I DONT THINK I WILL BE AROUND TO TAKE THE TRADE BUT THIS IS A GOOD SETUP FOR THOSE WHO WANT TO SIT BEHIND YOUR LAPTOPS AND WAIT.

WILL CHECK TOMORROW HOW MY CURRENT TRADES ON THIS PAIR GO.
Attachments
usdchf possible trade setup.gif
POSSIBLE TRADE SETUP ON USDCHF
simpleforex
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Dec 21, 2010 7:43 pm

watch the upward trendline on the usdjpy pair, might get an upward bounce.
Attachments
usdjpy possible trade setup.gif
possible trade setup on usdjpy
simpleforex
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Wed Dec 22, 2010 2:43 am

I am looking for a 4h candle to close below the line
Attachments
audusd.jpg
il brigante
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Azim166 » Wed Dec 22, 2010 4:07 am

ganokave wrote:
Azim166 wrote:Guys! I just triggered a long trade in USD/CHF!

Stop Loss: 23 pips
Take Profit: 95 pips

I am +7 pips now :D



My opinion you made mistake because of buy trading.
The main trend is bearish.


Yup you are right, it hit my SL. i didn't realize the daily trend is bearish..sigh
Azim166
 
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