Trend Line Price Action with MACD strategy | Forex Factory

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Trend Line Price Action with MACD strategy

  • #1
  • First Post: Nov 15, 2012 2:46pm Nov 15, 2012 2:46pm
Hello Traders, I welcome you all to my thread which is all about trend line with MACD, i want to give out this strategy to all traders that are willing to trade the market with ease and for traders that are finding it difficult to draw the trend line.

its works with any currency, futures, commodity


Here is the strategy steps

Open any desirable chart, any time frame (Prefer from 4 hours upward)
Insert the MACD indicator.(Default settings)

MACD will show you the swing high and low for the current market then you can draw your trend line through this swing high and low.
i will show you some examples of the past one's and the current i have drawn
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  • #2
  • Nov 15, 2012 2:56pm Nov 15, 2012 2:56pm
USDJPY
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  • #3
  • Nov 15, 2012 3:04pm Nov 15, 2012 3:04pm
AUDUSD
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  • #4
  • Nov 15, 2012 3:06pm Nov 15, 2012 3:06pm
Hope you guys understand this strategy i welcome you all let make this more effective by adding what you can to this strategy to make it more effective...
  • #5
  • Nov 15, 2012 3:17pm Nov 15, 2012 3:17pm
EURUSD
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  • #6
  • Nov 15, 2012 3:43pm Nov 15, 2012 3:43pm
Hello Afolabiay,

thank you for sharing your system, i think that the way you draw the trend line is very interesting, may i ask you if you trade only the TL breakout or also the bouce from it? maybe with macd confirmation above/below zero line or when macd withdraws from the red signal line.

Thank you again
Sabrina
  • #7
  • Nov 15, 2012 3:46pm Nov 15, 2012 3:46pm
Quoting sabrys5769
Hello Afolabiay,

thank you for sharing your system, i think that the way you draw the trend line is very interesting, may i ask you if you trade only the TL breakout or also the bouce from it? maybe with macd confirmation above/below zero line or when macd withdraws from the red signal line.

Thank you again
Sabrina
i don't use the MACD as confirmation i only use the breakout and bounce only, i use MACD for swing high and low only
  • #8
  • Nov 15, 2012 4:40pm Nov 15, 2012 4:40pm
EURUSD Daily past and waiting for the new form
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  • #9
  • Nov 15, 2012 4:57pm Nov 15, 2012 4:57pm
Quoting afolabiay
i don't use the MACD as confirmation i only use the breakout and bounce only, i use MACD for swing high and low only
Can you pls explain your entry and exit points?
  • #10
  • Nov 15, 2012 5:08pm Nov 15, 2012 5:08pm
You can try and draw your trendlines too and let me see if its correct..Mastering is the key to this game
  • #11
  • Nov 15, 2012 10:07pm Nov 15, 2012 10:07pm
Hello Bros
Hope am right on this sell
but
how do u determine ur stoploss and take profit
thanks
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  • #12
  • Nov 15, 2012 11:32pm Nov 15, 2012 11:32pm
Quoting cku
Hello Bros
Hope am right on this sell
but
how do u determine ur stoploss and take profit
thanks

i use 30 pips stoploss and move to BE when am in 50 pips profit,use another currency i have use EURUSD H4 use diffferent one and will like to see your MACD on the chart so as to know if you are correct
  • #13
  • Nov 16, 2012 12:21am Nov 16, 2012 12:21am
Quoting afolabiay
Hope you guys understand this strategy i welcome you all let make this more effective by adding what you can to this strategy to make it more effective...
You are posting a few screenshots without any explanations.
How should anybody understand your strategy ?
Do you think we are capable of reading your mind ?

Everybody can draw trendlines on H4-charts and tell others on the historical chart
where they should have entered.

You donīt tell where you enter, where you exit. Where your SL and TP are.
Nothing.

So far you are wasting our time only.

Edit: Oh, I see you just revealed in your post #12 what you should have posted in posting #1 .
There is light at the end of your tunnel ?
  • #14
  • Nov 16, 2012 12:48am Nov 16, 2012 12:48am
Hello

You wil enter after the candle close, after the brake or bounce occur?

Regards
Enter Signature
  • #15
  • Nov 16, 2012 12:54am Nov 16, 2012 12:54am
Quoting fxtr51
You are posting a few screenshots without any explanations.
How should anybody understand your strategy ?
Do you think we are capable of reading your mind ?

Everybody can draw trendlines on H4-charts and tell others on the historical chart
where they should have entered.

You donīt tell where you enter, where you exit. Where your SL and TP are.
Nothing.

So far you are wasting our time only.

Edit: Oh, I see you just revealed in your post #12 what you should have posted in posting #1 .
There is light at the end of your tunnel ?
that means you don't follow the thread well, i have not talk about stop loss and take profit here just want people to draw it perfectly first then i will talk about that, as you can see my last post got that.

"How should anybody understand your strategy ?"

I have post what the strategy is all about and explain through picture, only a dummy will not understand that

"Everybody can draw trendlines on H4-charts and tell others on the historical chart
where they should have entered"
Most people wrong and some right but they will post the right ones for you, that is why am taking it gradually.
  • #16
  • Nov 16, 2012 12:56am Nov 16, 2012 12:56am
Quoting Danutz
Hello

You wil enter after the candle close, after the brake or bounce occur?

Regards
Yes after the candle close and break the trendline already
  • #17
  • Nov 16, 2012 2:10am Nov 16, 2012 2:10am
Textbook Trade
Please would this be a valid sign for a sell
thanks
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  • #18
  • Nov 16, 2012 2:31am Nov 16, 2012 2:31am
Quoting afolabiay
that means you don't follow the thread well, i have not talk about stop loss and take profit here just want people to draw it perfectly first then i will talk about that, as you can see my last post got that.

"How should anybody understand your strategy ?"

I have post what the strategy is all about and explain through picture, only a dummy will not understand that

"Everybody can draw trendlines on H4-charts and tell others on the historical chart
where they should have entered"
Most people wrong and some right but they will post the right...
You are the dummy here because you are not capable to start a thread properly.
You do not explain properly.
Learn from others first before you are calling others "dummies".

You are looking for attention here, a complete waste of time.
There are hundreds of threads like yours, just confused and sick people in need for attention.

I will not subscribe to your nonsense.
  • #19
  • Nov 16, 2012 2:54am Nov 16, 2012 2:54am
Take it easy FXTR51
even if u are trampled upon
life on earth is short
  • #20
  • Nov 16, 2012 3:14am Nov 16, 2012 3:14am
Quoting fxtr51
You are the dummy here because you are not capable to start a thread properly.
You do not explain properly.
Learn from others first before you are calling others "dummies".

You are looking for attention here, a complete waste of time.
There are hundreds of threads like yours, just confused and sick people in need for attention.

I will not subscribe to your nonsense.

i don't think you understand what am saying, first i don't call you dummy, second you should already know that i don't know how to explain (am not good at it), if you think its waste of time, and there are hundred like mine that is okay, all i want is to share my strategy that's all, if you understand it or not you have to cool down and see maybe there will be question that you are going to ask to make you understand.
I take everything easy and am not here to quarrel, there are still lot of things i want to teach here, am just doing it gradually so that people may understand me clearly, (i don't know how to teach)
Am not here for traders to shout my name all over the sites. NO!!!! am just here to share my experience. that's all.
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