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Attachments: Horizontal line trading system
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Horizontal line trading system

  • #21
  • Quote
  • Dec 1, 2020 1:47pm Dec 1, 2020 1:47pm
Quoting Forexholy
https://www.youtube.com/watch?v=FamNEZ7ONJ0 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.
I have been using this strategy on the one hour time frame on my phone with lower Bollinger bands and the OBV indicator going to a lower time frame for my entry
  • #22
  • Quote
  • Dec 1, 2020 1:49pm Dec 1, 2020 1:49pm
I have been using this strategy on the one hour time frame on my phone with lower Bollinger bands and the OBV indicator going to a lower time frame for my entry
  • #23
  • Quote
  • Dec 1, 2020 1:54pm Dec 1, 2020 1:54pm
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  • #24
  • Quote
  • Dec 1, 2020 1:55pm Dec 1, 2020 1:55pm
Had 3 more winning trades today.
  • #25
  • Quote
  • Dec 1, 2020 5:08pm Dec 1, 2020 5:08pm
Quoting Forexholy
{image}
Hello Forexholy, i hope you don't mind if i ask if you set B.Bands to previously indicator? Also is you entry in the one minute ?
I suppose you enter at the cross of OBV above middle band.
Do you also use fibs as target as you have shown b4 ?

Thx
MTN
  • #26
  • Quote
  • Dec 1, 2020 5:39pm Dec 1, 2020 5:39pm
Quoting Forexholy
https://www.youtube.com/watch?v=FamNEZ7ONJ0 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.
Hello

give us some examples of trades which you took ?

thanks
  • #27
  • Quote
  • Edited 6:12pm Dec 1, 2020 6:00pm | Edited 6:12pm
Quoting toti1985
{quote} Hello give us some examples of trades which you took ? thanks
Well I was trading mostly the GBP/JPY yesterday here is a photo shot of 5 Min


I took profits way to early but I was testing the method out which it works way better that I would have believed it to work seeing that it is so simple
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  • #28
  • Quote
  • Dec 1, 2020 6:13pm Dec 1, 2020 6:13pm
Quoting toti1985
{quote} Hello give us some examples of trades which you took ? thanks
I did my analysis from the top 1 Hr candle.
  • #29
  • Quote
  • Dec 1, 2020 6:16pm Dec 1, 2020 6:16pm
Quoting Marcelomtn
{quote} Hello Forexholy, i hope you don't mind if i ask if you set B.Bands to previously indicator? Also is you entry in the one minute ? I suppose you enter at the cross of OBV above middle band. Do you also use fibs as target as you have shown b4 ? Thx
I don’t change BB setting and yes I like entering on 1 Min time frame and yes I sometimes use fibs for exit.
  • #30
  • Quote
  • Dec 1, 2020 6:23pm Dec 1, 2020 6:23pm
Quoting Forexholy
{quote} I don’t change BB setting and yes I like entering on 1 Min time frame and yes I sometimes use fibs for exit.
I like for the 1 Min BB the 15 BB and 1HR to line up
  • #31
  • Quote
  • Dec 1, 2020 6:27pm Dec 1, 2020 6:27pm
EUR/JPY looks almost ready for a trade but not quite yet
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  • #32
  • Quote
  • Dec 1, 2020 6:54pm Dec 1, 2020 6:54pm
You must have a lot of patience with this system but it will keep you out of bad trades.
  • #33
  • Quote
  • Last Post: Dec 1, 2020 8:38pm Dec 1, 2020 8:38pm
Quoting Forexholy
https://www.youtube.com/watch?v=FamNEZ7ONJ0 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.
Fascinating video - thanks for posting. It looks very similar to Tro’s strategy. Keep us posted with your results.
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