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

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

Postby il brigante » Mon Apr 04, 2011 6:46 pm

Made 372 pips eurjpy long
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eurjpy.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby ardasu » Tue Apr 05, 2011 2:58 am

http://i52.tinypic.com/346uvbp.gif

Mr.Simpleforex now I past here 3 pictures .TL is the same.Daily H4 H1 shows different result.
I couldnt understand.How can I solve this problem?
Thank you for your kind answer.
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2yx1a34.gif
2rfafk4.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby ardasu » Tue Apr 05, 2011 3:00 am

attachment
Attachments
346uvbp.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Apr 05, 2011 8:08 am

...............
...............
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do you know why.gif
do you really want to know why
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Apr 05, 2011 8:20 am

...................
..................
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ah...i can see clearly now the rain is gone.gif
Ah...I can see clearly now the rain is gone
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Tue Apr 05, 2011 8:30 am

multi-timeframe analysis...don't get caught by supprise.

30pips right now...SL moved to B/E. Lets see if this is going to be a runner if it can break the support level on the 1hr TF...

Take it easy fellow traders....

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

Postby il brigante » Tue Apr 05, 2011 6:42 pm

Got stopped out on eurgbp -29 pips

nzdjpy long, moved a bit in my direction and I move my S/L risking 8 pips
Attachments
nzdjpy long.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Tue Apr 05, 2011 6:44 pm

Went long gbpchf, gained my risk and moved my S/L to B/E
Attachments
gbpchf long 30 minutes.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Tue Apr 05, 2011 6:57 pm

Reasons to enter gbpchf trade: Prices broke my 4h downtrendline. I switched to 1h time frame, but the risk was to great (pips), so I moved down to 30 minute and took the trade risking a bit more then 60 pips, still to much for me, but I wanted insure that my SL was placed below my resistance.

I also would like to say that this is what I think I have learned from Simpleforex, that I consider very important, you need to start your trade with a small risk pips amount, lets say 20 to 40, because if you start with a 100 pips risk, then it would be very difficult to gain that healthy R/R that will make you a decent trader.

Cheers
Attachments
gbpchf long 4h.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Tue Apr 05, 2011 7:11 pm

Sorry, I meant "below my support"
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