Horizontal line trading system | Forex Factory

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Horizontal line trading system

  • #1
  • First Post: Jul 26, 2020 2:29am Jul 26, 2020 2:29am
Thanks to therumpleone
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  • #2
  • Jul 26, 2020 10:37am Jul 26, 2020 10:37am
Hi
You mean it just works with horizontal lines and nothing?
What is it?
You work on price action?
I tried to work on same system for three month but it doesn't work
Tell me
  • #3
  • Jul 26, 2020 12:03pm Jul 26, 2020 12:03pm
Quoting duyfx2912
Thanks to therumpleone {image} {image}
I didn't understand if you open Buy+Sell at the same level.
If yes than you just have 1 win and 1 loss at each level.
How can it be profitable?
Please explain
  • #4
  • Jul 26, 2020 4:08pm Jul 26, 2020 4:08pm
Quoting Merka
{quote} I didn't understand if you open Buy+Sell at the same level. If yes than you just have 1 win and 1 loss at each level. How can it be profitable? Please explain
You need to understand difference between buy stop and buy limit then
  • #5
  • Jul 26, 2020 4:40pm Jul 26, 2020 4:40pm
Quoting ficibald
{quote} You need to understand difference between buy stop and buy limit then
They are 2 different pending orders
Buy stop is above current price
Buy limit is below current price.

I don't get your comment.
He is talking about opening B+S
  • #6
  • Jul 26, 2020 9:49pm Jul 26, 2020 9:49pm
Just follow the rules
Price hit the psychological level, and go away 10 pips. Place order
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  • #7
  • Jul 26, 2020 10:55pm Jul 26, 2020 10:55pm
Cancel order when price hit new Psycho level.
New order.
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  • #8
  • Jul 27, 2020 12:08am Jul 27, 2020 12:08am
The most important thing for you to do IS TO DO.

I've seen many give up after a few losses then it is off to another system. (I WAS LIKE THIS FOR YEARS)

I am not saying to jump right in with real money, just watch, observe, make mental notes of entering and exit, journal,and after say ... 100 hours, read back your journal and if you get 50/50 good, 60/40 is very good.

Then you are on to the next stage.

BUT, this level is even more difficult and it involves real money.

This is where you do it. No excuse. No nonsense with that voice in your head, saying no, yes, maybe.

Trade what you see, not think.

And if you lose money still, then add another 100 hours more screen time, same method, until it clicks.

When I say screen time, I don't mean back testing. Sit your ass in the screen and watch live prices.

All hail Tro!
  • #9
  • Jul 27, 2020 5:21am Jul 27, 2020 5:21am
Just follows the rules
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  • #10
  • Jul 27, 2020 5:33am Jul 27, 2020 5:33am
Quoting duyfx2912
Just follows the rules {image} {image}
Can you explain if at every level you are opening
buy+sell
or
just a buy or a sell?
The rules are not clear.
  • #11
  • Jul 27, 2020 5:46am Jul 27, 2020 5:46am
Quoting Merka
{quote} Can you explain if at every level you are opening buy+sell or just a buy or a sell? The rules are not clear.
Read the therumpleone's instructions again. All the rules are clear
New order place, i will cancel order when price hit 1.28800
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  • #12
  • Jul 27, 2020 5:49am Jul 27, 2020 5:49am
Quoting duyfx2912
{quote} Read the therumpleone's instructions again. All the rules are clear New order place, i will cancel order when price hit 1.28800 {image}
No matter
  • #13
  • Jul 27, 2020 6:33am Jul 27, 2020 6:33am
Is anyone interested in this strategy? Please post your command
  • #14
  • Jul 27, 2020 11:09am Jul 27, 2020 11:09am
Quoting duyfx2912
Is anyone interested in this strategy? Please post your command
I'd like to see more. The rules aren't the clearest, could you post some more screenshots taking us through a trade from start to finish?
  • #15
  • Jul 27, 2020 1:53pm Jul 27, 2020 1:53pm
Quoting duyfx2912
{quote} Read the therumpleone's instructions again. All the rules are clear New order place, i will cancel order when price hit 1.28800 {image}
Are you doing psych levels with pipettes?
  • #16
  • Jul 27, 2020 8:41pm Jul 27, 2020 8:41pm
Price hit level 1.28950 then down to 1.28850, so you place your buy stop order my friends
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  • #17
  • Jul 28, 2020 3:38am Jul 28, 2020 3:38am
You mean set Buy stop and sell stop in same level? Ok?
And price hits the level, now think that price will go long,when you close your short position?
  • #18
  • Jul 28, 2020 3:40am Jul 28, 2020 3:40am
How you justify determine the psychological levels?
I didn't understand this
according to what you do it?
  • #19
  • Jul 28, 2020 3:58am Jul 28, 2020 3:58am
Quoting bensharpe
{quote} I'd like to see more. The rules aren't the clearest, could you post some more screenshots taking us through a trade from start to finish?
This might help. it's an old TRO video about trading the line.

Inserted Video
every Saint has a past. Every Sinner has a Future
  • #20
  • Edited 10:27pm Nov 30, 2020 10:03pm | Edited 10:27pm
Inserted Video


I tried this system out live last night and today and got 7 wins and one loss and that was because I got in to early.
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