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

[simpleforex]

Locked in 195 pips profit on euraud

Excellent Entry there, bro!

[il brigante]

I am out on nzdjpy (+62 pips) and eur cad (+195 pips).

Thank you for you comment Simpleforex, I am learning a lot from you and I am adapting it to my personality and in what I believe works for me, I still have a lot to learn, but I feel I am getting there, in my latest trades I felt very much in sync with the market, I felt that I was able to get in a pair, in demand, at the best possible price.

There is enough information on this blog to learn and became a decent trader thank to you, all the others and Myronn.

Cheers and relax mate.

[il brigante]

Sorry, I meant euraud (+195 pips)

[toinou21]

yesterday, My trend line was touch, and i was wondering if we could call it a good set up ?
thanks for your help ?

[simpleforex]

yesterday, My trend line was touch, and i was wondering if we could call it a good set up ?
thanks for your help ?

Toinou21,
I dont know what you are looking for...but there is a short setup happening right and you are right...
In the 4hr timeframe it is not so clear, but you swith to the 1hr and draw a downtrend line and see...looks like the bears are in control here...lets see how it goes.

[simpleforex]

it is always a good practice to lock in profits where you can or take partial profits out and leave remaing contracts running, in case of a HOME RUN...

[simpleforex]

Need to pay attention to the downward TL on this pair, similar situation to USDCHF above.

[toinou21]

Im so sorry, i was in hurry, and i post on my chart a buy pending order, but i meat sell pending order. Thanks for your help, and sorry to make you confused.

[simpleforex]

not confused, just kidding you...

im going short on the break of the support level...notice the bounce down from the main trendline...

[toinou21]

AUD/usd is testing the trend line. let's wait and see.