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

Post your new strategies, discoveries or just ideas for development

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

Postby TrendTrader » Thu Apr 28, 2011 1:58 am

toinou21 wrote:
TrendTrader wrote:toinou21, I hope you got piece of the pie!
wow, look at this, straight to the moon GBPUSD from 1.6432 to 1.6566 in one shot and EURGBP. This is the case we need STOP LOSS in case it goes against us.

Happy trading



Hello Trendtrader,
Very impressive, but in my case, im afraid to trend news, I'm profitable only by using Simpleforex strategi and have a lot of patience is the key. However could you give me some tips on how you enter your trade, you took 2 sells, with a stop loss, but still it's very risky.


Hi toinou21,

One of the trades you see in the chart is called luck and GREED. I anticipated the market will go down, so I entered the market earlier. Later on I entered an other order with the rules of trend line strategy and it worked.
The tip I will give you is, you already have it. It is called PATIENCE. This strategy needs nerves of steal to get the discipline and patience to wait for the setup.
Remember an earlier posts of simpleforex, that’s the advise and the tip we all need. Follow the rules. If the market says buy, buy! If the market says sell, sell! No emotions.
So I am not taking credit for this trade, just got lucky I guess.
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
TrendTrader
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby TrendTrader » Thu Apr 28, 2011 2:25 am

Here is what Advanced strategy#10 can do if we all have the patience to wait for the setup and save our capital for the days like yesterday.

Checkout these pips.

happy trading
eurusd h1.gif
eurcad h1.gif
eurjpyh1.gif
gbpusdh1.gif
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
TrendTrader
 
Posts: 84
Joined: Sun Dec 19, 2010 11:46 pm

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

Postby toinou21 » Thu Apr 28, 2011 3:32 am

I agree with you trendtrader, yesterday was an amazing day. On 7trades i have 5 sucess, it gaves me 321 pips for one day (and not on demo this time ^^ ), it s also the first time i have such a nice day on forex ;)
good luck every one
toinou21
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby toinou21 » Thu Apr 28, 2011 8:00 am

todat, 4 trades, currently eur usd, usd jpy, both breakeven waiting for the news at 8h30 and hope the best. but i got stop at gbpchf and nzdjpy, bot 15 pip lost.
Attachments
eur usd.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Melisa » Thu Apr 28, 2011 12:51 pm

Hi
currently waiting for gbpjpy 1H set up.
am i drawing TL correctly?
Attachments
gbp.png
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby simpleforex » Thu Apr 28, 2011 5:08 pm

Melisa wrote:Hi
currently waiting for gbpjpy 1H set up.
am i drawing TL correctly?


you are spot on Melisa.

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

Postby TrendTrader » Fri Apr 29, 2011 6:08 am

Here are couple setups to watch. Let'see what will happen.

Happy trading
eurgbp h4tf.gif
usdchfh4.gif
"Proper patience is needed throughout the lifecycle of the trade, at entry, while holding and exit" Dennis Gartman
“Self discipline is when your conscience tells you to do something & you don’t talk back.” W. K. Hope.
TrendTrader
 
Posts: 84
Joined: Sun Dec 19, 2010 11:46 pm

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

Postby toinou21 » Sat Apr 30, 2011 1:43 am

Hi guys, I got something funny to show you. We are trading only trendline, no indicator, or Fibonacci for some, maybe RSI for others, and that's it. But i found a screenshot of an other trader, and I hope it's a joke, it's unreadable, and first when you see it you will got headache for hours >_<
Attachments
gosh.gif
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby Melisa » Sun May 01, 2011 2:48 pm

i think its a very serious work of art:)
Melisa
 
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Re: Advanced strategy #10(Trend Line Trading Strategy) - ENJOY !

Postby il brigante » Mon May 02, 2011 8:11 am

:oops:
Attachments
art long.jpg
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