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

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

Postby simpleforex » Tue Apr 05, 2011 11:23 pm

Rom wrote:Some congestion on EURJPY before next upmove.

Written before earthquake?
I don’t mean to get excited, but it’s hard to state a better case in favor of an imminent return of the Yen carry trade.
http://www.forexblog.org/2010/03/yen-ca ... -back.html

.



spot on, ROM!

Stopped out @ on my short trade on eurjpy@ BE and went long on trendlien break...
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eurjpy-long.gif
eurjpy long
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Tue Apr 05, 2011 11:49 pm

Good trade, Simpleforex

Went short usdcad, gained my risk and moved my SL to BE
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usdcad short.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby toinou21 » Wed Apr 06, 2011 12:54 am

Possible set up on eurusd, weekly time frame.
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eurusd weekly.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Wed Apr 06, 2011 2:39 am

toinou21 wrote:Possible set up on eurusd, weekly time frame.


indeed Toinou21! thats a good one!

switch to lower timeframes and see what kind of reaction happens there get in when there is a good setup.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby toinou21 » Wed Apr 06, 2011 5:25 am

on my previous set up, EUR/USD, i went long this morning using M15 trendline buying at 1,4268, made around 30 pips, I close this position, and now Im wating to see what's going on. Maybe i should have loked these 30 pips, and wait for a potential breakout of the 1,4300 resistance. wait and see :)
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby maudur » Wed Apr 06, 2011 8:22 am

I went short in USDCAD.
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USDCAD Apr-06-11.JPG
Short in USDCAD
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby toinou21 » Wed Apr 06, 2011 10:38 am

i gave up on eur usd, and focus on aud/usd breakout
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aud usd breakout.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Wed Apr 06, 2011 8:11 pm

Toinou, I think you did well there, go with the flow, be in tune, be flexible.

Made 84 pips on gbpchf, honestly I thought it was going to go higher, but good news came out for chf and bad ones for gbp. C'est la vie. We only can get what the market will give us.
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gbpchf long.jpg
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby toinou21 » Wed Apr 06, 2011 9:56 pm

nice one, I got step out on audusd 70 pips profit, it was the first time i used trailing stop. Like you say Il brigante, C'est la vie xD.
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby ardasu » Thu Apr 07, 2011 12:06 am

Good morning Mr.Myronn ;
I have a setup EURGBP sell.Could you write your opinion please?is it right setup or invalid?
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