went short AUD/USD 1.03785..
- Joined Jun 2011 | Status: Swing trader using Market Cycles | 2,151 Posts
Money moves the market, not an indicator.
BB break + trendline break 24 replies
trendline break/bounce trade System - 1 to 3 RRR 13 replies
Trendline Break Alert Indicator. Need help changing sound 5 replies
Trendline, Trendline and Trendline 4 replies
Trendline only system- Please critique 14 replies
Dislikedhi all
i have only started reading this thread (about half way)
looks like a simple concept
does the chart below present a valid setup?Ignored
DislikedThe problem with all this is you have taken a chart of some time frame, looked back and found a few trend line brakes that would have produced winning trades. Yes they work about half of the time. But how to do in real time. Where to take profit, where to place stop loss?? It looks much different in real time. You are better off using a couple of indicators to give you a reason to pull the trigger, take partial profit at some point, let the balance run to some back tested point, place your stop loss at the last high/low and hope over a month...Ignored
DislikedThe problem with all this is you have taken a chart of some time frame, looked back and found a few trend line brakes that would have produced winning trades. Yes they work about half of the time. But how to do in real time. Where to take profit, where to place stop loss?? It looks much different in real time. You are better off using a couple of indicators to give you a reason to pull the trigger, take partial profit at some point, let the balance run to some back tested point, place your stop loss at the last high/low and hope over a month...Ignored
DislikedThis is a bullshit . Starter of this thread is a looser. All know that on history all are wall-street traders.Ignored