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

[simpleforex]

something to note on the nzdusd setup...

[simpleforex]

sometimes, you need to rest though...i mean sleep...and you cant trade every setup.

[simpleforex]

where will this go?

[simpleforex]

long setup on gbpjpy...resistance turned support

[simpleforex]

I got stopped out on eurusd, gbpusd (twice), audcad, chfjpy, audchf. I wanted to try all set ups during the day and in all time frames from 15 minutes to 4h. Any comment will be appreciated. My audusd is still going my way.

il brigante,

smaller timeframe entries are good if your your entry coincides with a larger timeframe trendline so that you can get in early and get a head start than those entries for 1hr & 4hrs etc.. and if the trade goes your way you are having more profitable pips than entering on the larger timeframe. even in saying that, larger timeframe entries 1hr & up are much better i think because it gives you a much bigger picture than what would be in the smaller TF.

you trying to stress yourself out trying all setups during the day?...relax mate! 2 to 3 trades each day is a good goal. over trading not good.

cheers

[simpleforex]

gots stopped out with a 10pip profit on the audusd trade

[simpleforex]

the spike on gbpjpy got me out...30pip loss

[simpleforex]

got stopped out on usdjpy trade 32pip loss

[il brigante]

Thank you for your comment simpleforex
I closed my audusd with 194 pips profit. I need more of this and less of the others.

[TrendTrader]

Very nice work simpleforex, I am amazed how you find all those setups and the time to do it. I am trend follower in the last 4 months and I am glad I bumped in to this forum. I just keep learning and adding more knowledge to my library.
Since I was using this strategy, I started making steady profit” still trading practice account for the last 2yrs. At least with this strategy I know where the trade is heading to and what could happen. the tools are all here, but discipline and greed are the problems.
Thank you all for the help you are providing and thanks to Edward Revy for this wonderful website, and also to myronn who created the original forum.

Happy trading