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Simple trading but profitable

3000pips win that I can loss for 150 times.
If the first balance line is a support line and price moves up, am I right to say that the next higher balance line you choose can either be a support or resistance balance line? Meaning to say that the choice of balance line is totally flexible depending on how the price reacts.

Or maybe I totally misunderstood, a balance line is just a line in the middle (neutral), it does not care whether it is at support or resistance.
Quoting steven21
If the first balance line is a support line and price moves up, am I right to say that the next higher balance line you choose can either be a support or resistance balance line? Meaning to say that the choice of balance line is totally flexible depending on how the price reacts. Or maybe I totally misunderstood, a balance line is just a line in the middle (neutral), it does not care whether it is at support or resistance.
the balance line can be set everywhere,
but if you set the balance line at a good position ,you will have few cross before the big win.
but if you set the balance line at some bad position,you will loss many times.

i don't recommend that set the balance line at the middle at consolidation,i recommend that set the balance line at the resistance or support.
Quoting liunliun
please translate and learn. anybody who know chinese can help me to translate it to english. thanks. because these words are important. 我教给你们的不是一个系统，像tms或者均线交叉一样的东西，我教给你们的是一种思想，这种思想告诉你们如何判断市场，如何处理市场，并且如何得到最优解。...
Google translates it in this way:

What I teach you is not a system. Like tms or mean crossover, what I teach you is an idea that tells you how to judge the market, how to deal with the market, and how to get an optimal solution.
Some people are questioning whether this system will be profitable. I would like to tell you that the two most important things are: the first one is the balanceline choice, the second is the profit/loss ratio, and only those who take profits will be able to obtain success
Regarding ea, that was what I used to do for mathematics research. It can't be applied to actual combat, but it tells us that you don't even have to carefully choose the position of balanceline. You just need to set the stop loss to take profit at 1:3. You can get a very nice profit.

One post before it:
For you, your question is too basic, indicating that you have a complete understanding of the concept of resistance and support. A high point or a low point is definitely not a resistance support level. The resistance support level can only be discovered by people afterwards. Only when the price hits a certain position, can everyone use him as a resistance and support level before they can go. Use it instead of guessing where the position is.
Quoting liunliun
{quote} the balance line can be set everywhere, but if you set the balance line at a good position ,you will have few cross before the big win. but if you set the balance line at some bad position,you will loss many times. i don't recommend that set the balance line at the middle at consolidation,i recommend that set the balance line at the resistance or support.
Hi Liunlin, do you enter everytime price hits the line or once per candle, and is it at candle close?
cTrader have a button which makes flipping the trade simple..
Attached Image

just keep clicking it as many times as necessary.
if you don't do your maths, the maths will do you.
hi everyone

can i use this method if i trade daily, so i will enter at the beginning of a new candle?
i appreciate your answer
Koala
Quoting Sesamstrasse
{quote} Hi Liunliun. Could you please explain a bit the "balance line" These would be my line-- -- marking top and bottoms-- until they get broken. How do you spot them? {image}

Hello Liunliun.

I just thought I give you at least 24 hours to answer my post from yesterday.

But you didn t answer in any kind-- so I´ll ask again:

How do you spot the balance lines?



Stay tuned
Guido

Quoting liunliun
now maybe you will say"what are we doing? determine history??? its useless." so now we set three lines. to be honest i don't know which will be used,but i prefer the first and third lines. {image}

???
The future(s) is mine!Risiko birgt immer auch die Chance.
Quoting liunliun
any body who can tell me if the market in the pic is downtrend or uptrend? i believe no body can. {image}
it's.uptrend with.correction on his way. Lol

your method will blow.any account because this is the sunfire hedging method, excepting there is no.martingale system.
Money moves the market, not an indicator.
Quoting JacolineFIS
here is what i was talking bout, the blue rectangle is my range. I too a sell stop below the range and will only take the buy stop above the range if price goes above it. If price goes below again, I will take another sell order, and so on and so forth {image}
Hey man, how did your trade end up ?
Quoting andoseg2
{quote} it's.uptrend with.correction on his way. Lol your method will blow.any account because this is the sunfire hedging method, excepting there is no.martingale system.
you don''t know nothing about trading
Quoting Sesamstrasse
{quote} Hello Liunliun. I just thought I give you at least 24 hours to answer my post from yesterday. But you didn t answer in any kind-- so I´ll ask again: How do you spot the balance lines? Stay tuned Guido {quote} ???

i think the answer i 've writen here again and again in my posts.
Quoting liunliun
{quote} you don''t know nothing about trading
Chill buddy. Don't take personally. In case you didn't observed, I never asked somebody on ForexFactory regarding their trading system since I've registered here.
I think that's enough
Money moves the market, not an indicator.
Quoting liunliun
{quote} you don''t know nothing about trading
You are right! So many do not get what have you share. I can use it for my trading and gives me a great smile, because i am longer trading, but this is an awesome simple new way for enter the market. You have said, it is not about a strategy and for me it is clear that all the other tasks must done by us. Hope the people here get this right and do not destroy your effort.

Thanks ...

Tja ... wenn man den Wald vor lauter Bäumen nicht sieht. < something we say in german for getting an aha effect
Market is more simple as you think.
Quoting andoseg2
{quote} Chill buddy. Don't take personally. In case you didn't observed, I never asked somebody on ForexFactory regarding their trading system since I've registered here. I think that's enough
i don't know what did you say.
i can't understand what is sunfire.

there is no attack to you ,just because my english is bad.
Lol...... to all the NAYSAYERS.... Liun has put his trade explorer ON!!!
And yes....
It's a LIVE account...
and he made 52% in 8 days....

NOW.... SHUT the F%&#@ UP... and try to understand what he tried to provide!

Im trying too.... lol....!

Liun... there simply, is no better way to reply... than how you did!!!
Quoting metta87
{quote} Hey man, how did your trade end up ?

Still open actually, and it is down a few pips. I sorta forgot about it lol .. thanks for reminding me. I may have been profitable should the trade closed around 148.20 but i was not around to close it and didnot have a TP set.
liunliun I try this and it's worked
thank you
I must be missing something here, really.

Op says that the "balance line" is either resistance or support line which is good, but i don't understand why you have to keep trading the crosses of th eline.

If it is a resistance line, just place the sell the order and let is drop in price. with 3:1 ratio and let it hit TP

If it is support line, just buy and let it go up in price to hit your TP (you can have 3:1)

Why do we need to enter trade every time we get a cross of this line... someone help me pleeeeeeze
There is a big loss in trade#8. The reason is when I open a new chart then I open with a wrong lots It’s x10 than usual. When I found it then I close that trade without any hesitation
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