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

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

Postby il brigante » Wed Mar 30, 2011 7:47 pm

Locked in, 95 pips eurjpy long.
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eurjpy long.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Thu Mar 31, 2011 1:59 am

il brigante wrote:Locked in, 95 pips eurjpy long.


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

Postby gabrieleg » Thu Mar 31, 2011 3:09 am

got out on audusd with 69pips profit and 72 on nzd usd
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Thu Mar 31, 2011 11:12 pm

Simpleforex, thank you for your comment

Gabrieleg, good trades.

I got stopped out on audusd long, -29
I got stopped out on nzdusd long, -28 pips.
I got stopped out gbpusd long, B/E
Locked in eurjpy long, +226 pips
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eurjpy long.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby gabrieleg » Fri Apr 01, 2011 1:39 pm

nice on eur jpy, ilbrigante!
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby gabrieleg » Sun Apr 03, 2011 8:31 am

@rom
il brigante entered long on eurjpy since there was a bulligh trend that broke a previous strong resistance level and previous highs
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Mon Apr 04, 2011 1:30 am

Went long nzdjpy, locked in 5 pips.

Simpleforex, I would like to ask the following question if you do not mind.
When you have a small amount of risk like 15 to 20 pips, do you move your S/L once you gain the risk, or do you wait a bit more to give the trade a bit more room?
I thank you in advance.

AlsoI have locked 372 pips on eurjpy
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby ardasu » Mon Apr 04, 2011 2:47 am

Hello simpleforex ;
1)I have a question about trendline.When I draw a TL upper time frime for example W1.after that swich to day or H4 .
TL doesnt seems fix .I have to change connection point again in low timefrime. How do you organize your TL drawing.Could you explain ,please?

2)Before decisionthe trade ; does the price kiss the TL ?or is it enough near of TL?

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

Postby simpleforex » Mon Apr 04, 2011 5:24 am

[quote="il brigante"]Went long nzdjpy, locked in 5 pips.

Simpleforex, I would like to ask the following question if you do not mind.
When you have a small amount of risk like 15 to 20 pips, do you move your S/L once you gain the risk, or do you wait a bit more to give the trade a bit more room?
I thank you in advance.

wait a bit more, give it more time to see a strong move in the direction of your trade before you move sl to B/E and then start to continue locking profits. you dont want to get stopped out too soon only find the market move in the direction you anticipated originally ...if this happens, you are on the sidelines wishing you had not moved the SL to BE..bugger!
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Mon Apr 04, 2011 6:43 pm

Thank you, Simpleforex.

Made 61 pips on nzdypy long
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