DislikedHad a day with nothing to do so decided to play the AU & Gold retraces on the 15m charts. Gotta say this system brings back the joy into trading.Ignored
Conventional trading is for losers
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Absolute Simplest KISS Method. Also, how do we measure risk reward? 68 replies
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DislikedGood morning guys. Entered yesterday late night I noticed that if we don't move the trendline when it's breaked, often it will be a supp/ress in the future Edit: Closed +35 pips {image} {image} {image} {image}Ignored
Disliked{quote} Each to his/her own. However in all cases using horizontal lines you will be late to the party & late to exit.Ignored
Disliked{quote} You are not right. Look in the PVSRA from cigarguy. If it will be so clear to trade with trendlines, why so many questions around this? Sorry trendline trading is horrible. My opinion. Hope you can clear this for user who want make use of trendlines.Ignored
DislikedI started to mark up some charts with questions, but realized it would be a bit difficult to follow with several charts, so I made a 5 1/2 min video. https://www.youtube.com/watch?v=tWBgmwbqTjAIgnored
DislikedRalffe, Would you consider doing the analysis of USDIndex Daily Chart for us? The benefits would be great. RoyIgnored
Disliked{quote} You are not right. Look in the PVSRA from cigarguy. If it will be so clear to trade with trendlines, why so many questions around this? Sorry trendline trading is horrible. My opinion. Hope you can clear this for user who want make use of trendlines.Ignored
DislikedHi guys, keen to follow along with this method and learn the ropes. I have decided to go with 4HR charts as I like to be a little bit more active than waiting for a daily candle. I realise this will mean more screen time but that's fine. What do you think of my analysis of the CADJPY4HR? {image}Ignored
DislikedHi guys, keen to follow along with this method and learn the ropes. I have decided to go with 4HR charts as I like to be a little bit more active than waiting for a daily candle. I realise this will mean more screen time but that's fine. What do you think of my analysis of the CADJPY4HR? {image}Ignored
Disliked{quote} Hi Darryl, good to see you. To answer the first question regarding the placement of the D1 line, I think I can help. The key is to use the most recent swing high or low as the 'fulcrum' (the point where the moving end of the line will rest) even if it's very slight. See this post for my definition of swing high and low. Then, if the line is too steep and it would be in your example, move the 'hinged' part of the line (the (usually) unmoving part) to a point...Ignored