Options

Search
Search
Search

Subscribe to Thread

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

Confirming Trendline breaks, chart patterns and other breakouts. 2 replies

Breakouts 3 replies

Trendline breakouts

  • wendigo
    Joined Nov 2012
trendlines (i use mouteki/tom demark trendlines) is my main method of trading mixed in with a few other deciding factors which i will not mention here because it has nothing to do with emacros way. if your willing to take a few 20 to 50 point losses and let your trades run this method will pay off for you in the long run..

WENDIGO
Hi newdigital,

Why don't you place your Buy Stop and Sell stop at the lines Blue and red ?

Thanks a lot for sharing,
King regards !
I placed. Pending orders or market orders.
Those lines are moved all the time ...
Yes but when the lines have changed and anyone of stop order is opened, do you change the stop order or when a stop order is took it doesnt change. Thanks!
Quoting newdigital
I placed. Pending orders or market orders.
Those lines are moved all the time ...
hi newdigital,i was trying your temple with M1,but no really know how you make an oder when the moment
can you tell me how you trade when you see like that pic i post,and what the round in the number for??
Attached Image
Quoting Goodgame42
Yes but when the lines have changed and anyone of stop order is opened, do you change the stop order or when a stop order is took it doesnt change. Thanks!
Yes, dotted lines are moved and I am modifying pending orders.
If by few points so not a problem but if some pips - I am moving/modifying stop orders too.

Quoting oswin
hi newdigital,i was trying your temple with M1,but no really know how you make an oder when the moment
can you tell me how you trade when you see like that pic i post,and what the round in the number for??
Hi oswin,

I just download and instal this template once again (trendlines_mtf.tpl file from this post - I do not have those numbers.
We are talking about dotted lines (both lines - in blue and red color).



=======

- MaksiGen indicator is on this post (indicator is drawing s/r/tl depends on preselected number of bars).
- MTrendLine alert indicator is on this post.
- MaksiGen_Range_Move mtf 2 indicator is on this post.
- Template to trade or monitor M1 timeframe is on this post.
Quoting newdigital
Yes, dotted lines are moved and I am modifying pending orders.
If by few points so not a problem but if some pips - I am moving/modifying stop orders too.



Hi oswin,

I just download and instal this template once again (trendlines_mtf.tpl file from this post - I do not have those numbers.
We are talking about dotted lines (both lines - in blue and red color).



=======
[font=Arial][size=1]
[i][size=1]- MaksiGen indicator is on [url="http://www.forexfactory.com/showthread.php?t=222729&page=25"]this...
[/quote]

thanks your reply,may i know how you will make an pending order like the pic i post,that pis is EU m1,thanks you so much~
Attached Image
From the Uploaded chart what am to do
also can u please summarize the rules for buy and sell or staying out of market using ur indicators
thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY,H1]_2012-12-26_11-16-45.png Size: 15 KB
Quoting cku
From the Uploaded chart what am to do
also can u please summarize the rules for buy and sell or staying out of market using ur indicators
thanks
Your screenshot from post #57 is very good.
But how can I summarize?
This is support/resistance trading ... a lot of information published ... it is impossible to summarize in one-two posts sorry.
Just read all my posts here.


By the way, this is not good time for trading (Christmas and New Year time). Some people are not trading on December for example.
Anyway - I am planning to continue this trading and I hope that everybody will see some trading examples to understand about how to trade.


=======

- MaksiGen indicator is on this post (indicator is drawing s/r/tl depends on preselected number of bars).
- MTrendLine alert indicator is on this post.
- MaksiGen_Range_Move mtf 2 indicator is on this post.
- Template to trade or monitor M1 timeframe is on this post.
Because it is the end of December now - not very good time for trading.

You can see the ranging market condition for EURUSD and USDCHF:

Attached Image (click to enlarge)
Click to Enlarge Name: market_eurusd.jpg Size: 197 KB


Attached Image (click to enlarge)
Click to Enlarge Name: market_usdchf.jpg Size: 194 KB


The situation for GBPUSD is more good but it is non-trading area/time/zone anyway for now:

Attached Image (click to enlarge)
Click to Enlarge Name: market_gbpusd.jpg Size: 194 KB


I will continue this trading but I want to be sure that market is supporting this trading on M1


=======

- MaksiGen indicator is on this post (indicator is drawing s/r/tl depends on preselected number of bars).
- MTrendLine alert indicator is on this post.
- MaksiGen_Range_Move mtf 2 indicator is on this post.
- Template to trade or monitor M1 timeframe is on this post.
So, let's wait for few hours ok?
By the way - I do not like to trade in the end of this month ... too risky sorry.


=======

- MaksiGen indicator is on this post (indicator is drawing s/r/tl depends on preselected number of bars).
- MTrendLine alert indicator is on this post.
- MaksiGen_Range_Move mtf 2 indicator is on this post.
- Template to trade or monitor M1 timeframe is on this post.
Thread Tools Search this Thread
Search this Thread:

Advanced Search

0 traders viewing now