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

[simpleforex]

CLOSE MY USDCHF TRADE WITH A 217PIPS PROFIT.
IM PLACING A SECOND PENDING TRADE.MY REASONING. PRICE HAS BOUNCED DOWN FROM TL.THERE IS A SUPPORT LEVEL AREA INDICATED BY BLUE...IM ANTICIPATING A BREAK OF THIS LEVEL DOWNWARD.WILL SEE HOW IT PANS OUT.

GOT STOPPED OUT.TRADE DID NOT WORK OUT AS ANTICIPATED, IT ACTUALLY BOUNCED UP FROM THE BLUE SUPPORT LEVEL...I SHOULD HAVE KNOWN BETTER..OH, WELL, THIS IS TRADING.

[simpleforex]

This is the chart of the trade.

[simpleforex]

100PIPS SO FAR ON THIS USDCAD TRADE PLACED LAST WEEK. MOVED SL TO LOCK SOME PROFITS.
THERE IS A SIGNIFICANT UPWARD TRENDLINE, NEED TO PAY ATTENTION TO THAT.

[simpleforex]

this is chfjpy daily chart

[simpleforex]

this is the same chfjpy view from the larger timeframe, the weekly.
notice the type of candle that was formed last week?

[simpleforex]

chfjpy, opportunity to go short.

[simpleforex]

Pending order on nzdusd

[simpleforex]

Pending order on eurcad

[simpleforex]

short on eurusd

[ForexLion]

Let's hope we get some nice pips on all of them. Wonderful strategy indeed