40-60 rule, Trader using trendline secret method | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Please code "Parabol trendline" or "Curve trendline" for me 0 replies

bo7a method... method for GBP/JPY 205 replies

Trendline, Trendline and Trendline 4 replies

1-2 Trendline Method 43 replies

Attachments: 40-60 rule, Trader using trendline secret method
Exit Attachments

40-60 rule, Trader using trendline secret method

  • #21
  • Mar 29, 2025 12:55pm Mar 29, 2025 12:55pm
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 21 KB


.. trendline break, but what happend? Wow price is going straight north.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD_01.png Size: 24 KB


Earlier ... trendline break and i am happy to get my trade at this time.
Please refer stuff from wyckoff and similiar. Stuff that decades back come to the world. And be clear you found some foundation. After that you can have a clue what trenline have from start on good chance and what trendlines better ignore. Using zigzag is no good choice to define market behaviour in fore cast. Sorry, but give me some charts that will turn my opinion here. Lets go!
Perfection is the enemy of good enough!
  • #22
  • Mar 29, 2025 1:02pm Mar 29, 2025 1:02pm
See this outzoomed chart again. With some clue how markets work you have picked from the two examples the second chart postet earlier.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 18 KB
Perfection is the enemy of good enough!
  • #23
  • Mar 29, 2025 1:03pm Mar 29, 2025 1:03pm
this is as clear as i can show you
Attached Image (click to enlarge)
Click to Enlarge Name: blue lines.jpg Size: 236 KB
  • #24
  • Mar 29, 2025 1:05pm Mar 29, 2025 1:05pm
see the swing was 100 pips this means we can enter short

on the trendline break
  • #25
  • Mar 29, 2025 1:07pm Mar 29, 2025 1:07pm
Quoting jamesagnew
this is as clear as i can show you {image}
Post again after trade is taken not a forecast yet. Post within the candle trigger the order. It is easy task, or not? Okay, i will show how this will turn next week.
Perfection is the enemy of good enough!
  • #26
  • Mar 29, 2025 1:08pm Mar 29, 2025 1:08pm
stop loss is 40 pips but i prefer to breakeven at 40 pips

protect account
  • #27
  • Mar 29, 2025 1:13pm Mar 29, 2025 1:13pm
do you see this ??

it will enter on the breach of trendline

its a sloping up trendline so we enter sell as soon as it breaks that sloping trendline
Attached Image (click to enlarge)
Click to Enlarge Name: blue lines.jpg Size: 236 KB
  • #28
  • Mar 29, 2025 1:18pm Mar 29, 2025 1:18pm
Quoting jamesagnew
do you see this ?? it will enter on the breach of trendline its a sloping up trendline so we enter sell as soon as it breaks that sloping trendline {image}
Again i will watch myself for your example if market is going to build more candles. I take your line as it is yet and look if it breach and what is the outcome with your SL and TP.
Perfection is the enemy of good enough!
  • #29
  • Mar 29, 2025 1:22pm Mar 29, 2025 1:22pm
Quoting MichaelSch
{quote} Again i will watch myself for your example if market is going to build more candles. I take your line as it is yet and look if it breach and what is the outcome with your SL and TP.

breakeven at 40 pips profit

stop loss initial 40 pips

and e exit with a 60 pip target

it happens over and over again
  • #30
  • Mar 29, 2025 2:58pm Mar 29, 2025 2:58pm
Quoting jamesagnew
{quote} how can i show a real time entry if the trade already broke the trendline lol are you crazy lol
Lol are you English reading learned lol
We all are waiting for the at-the-time screenshot of your nearest future trade ENTERING, not a history RECOLLECTION.
Lol can you read the text above lol
Just an opinion. Based on research
  • #31
  • Mar 29, 2025 3:17pm Mar 29, 2025 3:17pm
here is what i showed this is the real time entry
Attached Image (click to enlarge)
Click to Enlarge Name: real time entry.jpg Size: 250 KB
  • #32
  • Mar 29, 2025 3:36pm Mar 29, 2025 3:36pm
do you see these trades

all winners lol

and you criticize me

unbelievable lol
Attached Image (click to enlarge)
Click to Enlarge Name: all win.jpg Size: 237 KB
  • #33
  • Mar 29, 2025 3:39pm Mar 29, 2025 3:39pm
if the previous market swing not 100 pips at least no entry
  • #34
  • Mar 29, 2025 3:39pm Mar 29, 2025 3:39pm
Quoting jamesagnew
do you see these trades all winners lol and you criticize me unbelievable lol {image}
1. Not trades - history drawings
2. Very, VERY subjective trendlines
Sorry
Just an opinion. Based on research
  • #35
  • Mar 29, 2025 3:41pm Mar 29, 2025 3:41pm
Quoting since80808
{quote} 1. Not trades - history drawings 2. Very, VERY subjective trendlines Sorry

you obviously never read the first thread i made explaining hot to draw the trendlines
  • #36
  • Mar 29, 2025 3:46pm Mar 29, 2025 3:46pm
I remember an old thread in Forex factory drawing trendlines similar to this ones but they were more rules based and not subjective like here
  • #37
  • Mar 29, 2025 4:04pm Mar 29, 2025 4:04pm
Quoting Merka
I remember an old thread in Forex factory drawing trendlines similar to this ones but they were more rules based and not subjective like here

i shared with you a great system

and you ignore it

its a complete method for forex

1.5 - 1 risk rewards

so if you win 50 % of the time you win

if i get a 60 pip winner i close pc

of i get breakeven trade i close pc

and if i get - 40 pips i close pc

dont over trade
  • #38
  • Mar 29, 2025 4:19pm Mar 29, 2025 4:19pm
JA…I understand exactly, but the others simply don’t get it. It is very simple, but I think others somehow think that you are talking historically concerning the 10 candles, and haven’t understood that you are projecting forward where 10 candles would be!

I’m not saying one way or the others whether your method works btw, but that’s irrelevant for now, others need to read your instructions carefully before judging is what I’m saying, because I completely understand the system as spelled out by you
  • #39
  • Mar 29, 2025 4:26pm Mar 29, 2025 4:26pm
so say you have 3 losing days in a row then that would be 4% x 3 is - 12 % then say you get 2 winning days that's 6 % x 2 is 12 %

so it woild mean breakeven

but say you get 4 winning days and 2 losing days

6 6 6 6 -4 -4

then that's 16 % gain , so even if you get 10 % a week thats 40 % a month

the banks offer 3 % a year lol
  • #40
  • Mar 29, 2025 4:31pm Mar 29, 2025 4:31pm
If people were capable of reading and comprehending properly, then it would be clear to them that there is no subjectivity to the method whatsoever, other than what you’ve already said in the instructions.

You can lead a horse to water, but you can’t make them drink it!
0 traders viewing now