Trendline Traders

hi all.

thread targets :

traders who trade purely on trendlines (support & resistance) and avoid trading on any indicators.

brief intro :

i am trading forex (demo) since 2 + yrs. i kept seeing red untill i dropped all indicators from the chart & observed price action around trendlines.

purpose :

to post trading entries solely based on trendlines with lots of charts including entry price, sl & tp. charts shall be posted at the beginning of a trade, whenever time allows - in the middle & at the end of a trade, to gauge quality of a trade.

trading style :

three trendlines on charts depicting trading preference of only H4, daily & weekly. H4 being the top preference. initial sl & tp of 35 pips.

H4 - green
Daily - olive
Weekly - yellow

http://img196.imageshack.us/img196/9...inetraders.gif

expectations :

* avoid indicators which help in making trading decisions.
at the most use one indicator which depicts S & R levels.
ex:- s&r (barry), fibs or pivots.

* drawn trendlines - vertical, horizontal, diagonal or a price channel

* respect for fellow traders

___________________________ ++++ __________________________

time & again, trades like these prove to me, trading is very simple & the enemy who complicates it ... is within us.

CHFJPY H4 BOUGHT

http://img708.imageshack.us/img708/3371/chfjpybuy2.gif

http://img217.imageshack.us/img217/2361/chfjpybuy3.gif

http://img3.imageshack.us/img3/8457/chfjpybuy4.gif

http://img211.imageshack.us/img211/2096/chfjpybuy12.gif

http://img805.imageshack.us/img805/1345/chfjpybuy14.gif

http://img824.imageshack.us/img824/5876/chfjpybuy17.gif

http://img5.imageshack.us/img5/597/chfjpybuy18.gif

http://img443.imageshack.us/img443/7351/gbpjpybuy2.gif

http://img195.imageshack.us/img195/5307/gbpjpybuy3.gif

http://img37.imageshack.us/img37/651/gbpjpybuy6.gif

http://img641.imageshack.us/img641/543/gbpjpybuy11.gif

http://img266.imageshack.us/img266/4...osedavoide.gif

http://img40.imageshack.us/img40/9126/euraudlong1.gif

http://img197.imageshack.us/img197/7...raudlong11.gif

http://img441.imageshack.us/img441/5...raudlong14.gif

http://img203.imageshack.us/img203/9...raudlong16.gif

http://img198.imageshack.us/img198/2...raudlong17.gif

http://img40.imageshack.us/img40/2415/gbpjpyshort2.gif

http://img832.imageshack.us/img832/3...pjpyshort3.gif

http://img690.imageshack.us/img690/3...pjpyshort4.gif

http://img267.imageshack.us/img267/474/gbpjpyshort5.gif

http://img248.imageshack.us/img248/1...pjpyshort6.gif

http://img62.imageshack.us/img62/332...etracetotl.png

http://img208.imageshack.us/img208/5...pusdshort1.gif

http://img716.imageshack.us/img716/3...pusdshort2.gif

http://img839.imageshack.us/img839/4...pusdshort3.gif

http://img94.imageshack.us/img94/2208/eurusdbuy2.gif

http://img16.imageshack.us/img16/8636/eurusdbuy3.gif

http://img546.imageshack.us/img546/6109/eurusdbuy4.gif

http://img43.imageshack.us/img43/7782/eurusdbuy5.gif

http://img51.imageshack.us/img51/976/eurusdbuy6.gif

http://img836.imageshack.us/img836/328/gbpusdshort.gif

http://img141.imageshack.us/img141/3...pusdshort2.gif

http://img577.imageshack.us/img577/5...anuallyclo.gif

http://img850.imageshack.us/img850/4660/usdchfsell.gif

http://img201.imageshack.us/img201/7053/usdchfsell2.gif

http://img832.imageshack.us/img832/804/usdchfsell3.gif

fxcm mt4 often gave errors like off quotes & invalid prices.
i was tired of slow execution of orders, so switched over to pepperstone.

first trade, a new lesson learned.

http://img259.imageshack.us/img259/1412/gbpusdbuy.gif

http://img708.imageshack.us/img708/7295/gbpusdbuy2.gif

http://img841.imageshack.us/img841/7746/gbpusdbuy3.gif

http://img560.imageshack.us/img560/6...buy3lesson.gif

http://img201.imageshack.us/img201/1247/eurusdsell.gif

http://img812.imageshack.us/img812/2681/eurusdsell2.gif

i like trading with trendlines too....maybe, i will stop by and say hello, every now and then.

if you like...take a look at WMD trading with deadly accuracy thread. top notch on the use of trendlines.

i intensely dislike indicators, by the way. they make me feel nauseous.

http://img210.imageshack.us/img210/8475/euraud05nov.gif

http://img571.imageshack.us/img571/3303/gbpjpy05nov.gif

hi sky

i am aware of that thread & it took me a while to realise that the pdf i had made of it was 55 mb in size

i am reading that pdf these days.

regards
.Hawk.

not bad, keep it up.

thank you

i saw your post and i see that you only show the profit part of it and as far as i am concern i see your balance from the start with is 9++ and i see it drop to 8++ which means you lose and the account number is the same still only your equity rise while you balance still low...i need an explanation

nice trades!, subscribed.