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This is not rocket science; This is forex trading

  • #121
  • Quote
  • Edited 1:40am Oct 12, 2007 12:05am | Edited 1:40am
Your welcome....hope there can be some nuggets gleaned out of it
Same Whore .... Different Dress
  • #122
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  • Oct 12, 2007 10:05am Oct 12, 2007 10:05am
Quoting forex3e
Greetings everyone

Thank you for the welcome weZ

Yes I agree with you and would liken 1188x as the next target on break of the immediate sloping down tl at 1183x let us move the tl and our profits as the market move the price

You have some very nice long term trend lines too
good work
forex3e, Looks like the 1.1870 target was reached this morning.
  • #123
  • Quote
  • Oct 12, 2007 11:45am Oct 12, 2007 11:45am
Quoting weZ
forex3e, Looks like the 1.1870 target was reached this morning.

hi weZ
yes very nice price action today
I liken the idea a break higher would be better
that would make me glow with greed
but I'll take what market gives on short term tf

  • #124
  • Quote
  • Oct 12, 2007 12:45pm Oct 12, 2007 12:45pm
Just a few lines to watch.
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  • #125
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  • Oct 12, 2007 1:20pm Oct 12, 2007 1:20pm
Quoting StrangeGuy
Hi all,
Here is a good example of a highly problable trade.
What I do is this. On the 5 min chart I draw my trendlines on the lows as you see. The price never made it to the first trend line so I made a new one on its low. Still price never made it. By the third time price hit the line and went up more than 10 pips.

StrangeGuy

Attachment
StrangeGuy, been experimenting with you trendline stacking technique. It seems to works equally well with 15min. Just traded it live and scored some pips

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  • #126
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  • Jul 8, 2008 6:21am Jul 8, 2008 6:21am
Quoting StrangeGuy
Because the uptrend was weak and returned to the trend line quickly I decided to play the break of for another trade. Next, I played the middle trend line (also matching low) for a third trade.

StrangeGuy
Attachment

Are ya still using your strategy or have you found something new?

Thanks
  • #127
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  • Jul 8, 2008 9:07am Jul 8, 2008 9:07am
Quoting moben
Are ya still using your strategy or have you found something new?

Thanks
Looking at StrangeGuy's profile, he's not been in the factory since Jan 17th so don't hold your breath waiting for the reply.

M
  • #128
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  • Last Post: Jul 9, 2008 6:57am Jul 9, 2008 6:57am
I guess it works for him then
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