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

[simpleforex]

Went long on this pair, gbpnzd...

[simpleforex]

went short on gbpchf...

[il brigante]

Simpleforex

euraud: euro is very strong and the australian dollar is very weak, if the euraud comes down, it will be a long way down. Personally I will not short the pair until I see an inversion of strength.
But what do I know, anyway.

Cheers

[trevone]

Hello everyone, I am knew to this forum. I have been reading through this thread right from the beginning and I have to say it was the only reason why I want to take part. I have always traded trends and found this technique to be very similar to how I trade. I am looking forward to contributing.

At the moment with the markets being excessively volatile, what has the success been like with the TLTS?

[il brigante]

TraderDaily: How did you avoid giving away your edge when you came out with “The Secrets of Floor Traders”?
Larry Levin: The edge is different with each person. Each trader needs to find what works personally for them (and it can be different for each person). So you can’t really give it away, you can only help someone find his or her own “personal edge.”

[trevone]

I think i have found a potential trade setup on the aud/cad, the R:R looks good (over 1:4).

I plan to short at .9800, stop at .9835 and target at .9643, lets see how this works out.

[il brigante]

Long eurusd, gained my risk, moved SL to BE

[simpleforex]

Simpleforex

euraud: euro is very strong and the australian dollar is very weak, if the euraud comes down, it will be a long way down. Personally I will not short the pair until I see an inversion of strength.
But what do I know, anyway.

Cheers

Il brigante,
thanks for the tip.

[simpleforex]

Hello everyone, I am knew to this forum. I have been reading through this thread right from the beginning and I have to say it was the only reason why I want to take part. I have always traded trends and found this technique to be very similar to how I trade. I am looking forward to contributing.

At the moment with the markets being excessively volatile, what has the success been like with the TLTS?

Trevone,
thats the point bro, to contribute...looking foward to your contribution.

Volatility is good...if you are on the right side, you make good amount of pips in a very short time. Given the fact that the markets are volatile today, what are the best timeframes to trade the markets? I think that if you are trading in smaller timeframes from 1min up to 30min TF, there is too much volatily in those compared to 1hr and 4hrs.

[simpleforex]

I think i have found a potential trade setup on the aud/cad, the R:R looks good (over 1:4).

I plan to short at .9800, stop at .9835 and target at .9643, lets see how this works out.

The attachment aud.cad.18.march.4h.gif is no longer available

Spot on Trevone!

I am also planning to go short at just about the same level. Howerver there is a bullish railway track pattern forming which is indicating the bulls are getting control...however, even in saying that, this is happening in the Asian Trading Session right now where the volume is often very low...we will wait and see what happens when giant london awakens...