Don t let it die .....
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
DislikedIn order to mitigate the losses from false trendline breaks why not use a 5 min tlb after a 4 hour tlb and then let it run with the potential reward of a 4 hour trade but with 5 min risk. See attached.Ignored
DislikedHey guys, it's been a long time since I posted anything on this thread. I haven't gone anywhere, been monitoring the thread in the background. Just want to chime in on a few things:
1)...Ignored
DislikedI've been practicing this system about a month. Yes this system is working for me. And what I like the most about this system is the nature of LOW SL in this trading system. On M5 chart, we can put as low as 5 pips + spread SL.
Yes I agree with JHIG, no system is a perfect green pips maker. Respect your SL. From what I learned so far, pulling back the SL in most of my case is just make the trade go even worst.
If the trade hits the SL then it's not a valid breakout. Just accept it and move on to the next trade.
I add another rule...Ignored
DislikedThe Trendline Break system contains three individual variation; all based on personal preferences. One will be discussed in this thread. The other two will be discussed in a later date.Ignored