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The power of trendlines

  • #161
  • Aug 14, 2015 4:18am Aug 14, 2015 4:18am
Quoting mrhb30jr
{quote} hi Finacier, Euro D1 my chart .... {image}
Thanks mrhb30jr , what happens if the rising trend line gets broken, redraw new channel?
Buying the currency being demanded Selling that being supplied
  • #162
  • Edited 4:36am Aug 14, 2015 4:20am | Edited 4:36am
Quoting Financier
{quote} Thanks mrhb30jr , what happens if the rising trend line gets broken, redraw new channel?
yes u are financier ...
a and b point should be extreme price ... c should be better more lower then a if major trend up ... long set up
always use SL and try to minimize ur SL ...

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: EW.jpg Size: 129 KB
  • #163
  • Aug 14, 2015 4:34am Aug 14, 2015 4:34am
5 mins chart, have taken note of the rising trendline
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Click to Enlarge Name: Capture.JPG Size: 93 KB
Buying the currency being demanded Selling that being supplied
  • #164
  • Aug 14, 2015 4:36am Aug 14, 2015 4:36am
On the 1 min chart
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 75 KB
Buying the currency being demanded Selling that being supplied
  • #165
  • Aug 14, 2015 4:37am Aug 14, 2015 4:37am
Quoting Financier
5 mins chart, have taken note of the rising trendline {image}
Hi Financier,

Channel draw is point a to point c
higher channel at point b

cheers
Attached Image (click to enlarge)
Click to Enlarge Name: USDCHFH1.png Size: 32 KB
  • #166
  • Aug 14, 2015 4:47am Aug 14, 2015 4:47am
Quoting Financier
On the 1 min chart {image}
here is M1 ....

Time period process T1 = T2 = T3 see act of price at time period ....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDM1.png Size: 49 KB
Click to Enlarge Name: EURUSDM1b.png Size: 55 KB
  • #167
  • Aug 14, 2015 10:19am Aug 14, 2015 10:19am
Quoting mrhb30jr
{quote} here is M1 .... Time period process T1 = T2 = T3 see act of price at time period .... {image} {image}
where can i read more about your way to trade the trendlines?
  • #168
  • Aug 14, 2015 4:26pm Aug 14, 2015 4:26pm
Hi Forex Friend,

dont think I am right but I had to make an effort to learn and draw like you, please comment/teach
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-08-14_2121.png Size: 37 KB
Buying the currency being demanded Selling that being supplied
  • #169
  • Aug 14, 2015 7:31pm Aug 14, 2015 7:31pm
Quoting mrhb30jr
{quote} here is M1 .... Time period process T1 = T2 = T3 see act of price at time period .... {image} {image}

Here is end of day EuroUsd M1...

Just read the chart here .....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM1b.png Size: 61 KB
Attached Images
  • #170
  • Aug 14, 2015 9:23pm Aug 14, 2015 9:23pm
Quoting vladutz112
{quote} where can i read more about your way to trade the trendlines?
Hi vladutz112,

with regards, i do not have special room for it
only this room i posted this ....
  • #171
  • Aug 15, 2015 9:20am Aug 15, 2015 9:20am
Am not a good artist( untidy chart) but I want to understand better, would that have been a valid a. b. c along the blue dotted lines? i will send you a private messages so I dont clutter the thread with nonsense.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 147 KB
Buying the currency being demanded Selling that being supplied
  • #172
  • Aug 16, 2015 3:14pm Aug 16, 2015 3:14pm
Quoting vladutz112
{quote} where can i read more about your way to trade the trendlines?
here u have, friend

http://www.nobrainertrades.com/
MY telegram channel: https://t.me/https://t.me/tnavieurusd
  • #173
  • Aug 16, 2015 3:47pm Aug 16, 2015 3:47pm
Quoting tnavi
{quote} here u have, friend http://www.nobrainertrades.com/
thanks mate i see that sometimes they get respect like 4-5 touches even on the m1 tf but sometimes they don't the price just goes straight through them do u have any ideea why?
  • #174
  • Edited 9:48pm Aug 16, 2015 8:04pm | Edited 9:48pm
Quoting Financier
Am not a good artist( untidy chart) but I want to understand better, would that have been a valid a. b. c along the blue dotted lines? i will send you a private messages so I dont clutter the thread with nonsense. {image}
hi financiar,

1st price start from x point to a point
2nd price continue move from a point to b point

Now the Q ? how do we know the price to be move on the few minute, hour, day,weekly, monthly etc depending of what time frame we using...
and then, to assist us on the find out, we are using this methods to observe the price move on the certain period depend on the time frame we use.

Now we have:
1. Point X
2. Point a
3. Point b
4. Point c ???

Step 1. Draw channel line from point X to b and a (high of channel)
Attached Image (click to enlarge)
Click to Enlarge Name: Gbpusddate 14.08.2015.jpg Size: 106 KB


continue the above step, after you see the point c inside the channel going down to previous point b, start again to step 1,2,3,4 ....
TL break out is the valid signal reverse

2nd Draw step
Now we have:
1. Point XX
2. Point aa
3. Point bb
4. Point cc ???
Attached Image (click to enlarge)
Click to Enlarge Name: Gbpusddate 14.08.2015a.jpg Size: 128 KB


Cheers,
  • #175
  • Aug 16, 2015 11:38pm Aug 16, 2015 11:38pm
Here EuroJPY,

Long Set up M5 ..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EuroJPY M5.png Size: 121 KB
Click to Enlarge Name: EURJPYM5a.png Size: 66 KB
  • #176
  • Aug 17, 2015 4:22am Aug 17, 2015 4:22am
Help
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2015-08-17_0908.png Size: 43 KB
Click to Enlarge Name: 2015-08-17_0914.png Size: 47 KB
Buying the currency being demanded Selling that being supplied
  • #177
  • Aug 17, 2015 4:29am Aug 17, 2015 4:29am
Think this is correct thing to do?? for XX ?
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-08-17_0908.png Size: 40 KB
Buying the currency being demanded Selling that being supplied
  • #178
  • Aug 17, 2015 7:55pm Aug 17, 2015 7:55pm
Quoting Financier
Think this is correct thing to do?? for XX ? {image}
hi financier,

Sorry for late reply,
here is your chart M1

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-08-17_0914.png Size: 48 KB


x-a-b-c and continue xx-aa-bb-cc continue xxx-aaa-bbb-ccc continue xxxx-aaaa-bbbb-cccc
entry at point c or cc or ccc or cccc

Attached Image (click to enlarge)
Click to Enlarge Name: 2015-08-17_0914.png Size: 48 KB


this is simple don't make you confuse to decide of point to mark, after c should be start with x-a-b-c ....

cheers
  • #179
  • Aug 18, 2015 2:37am Aug 18, 2015 2:37am
Thank you friend, very clear and very understood now
Buying the currency being demanded Selling that being supplied
  • #180
  • Aug 19, 2015 4:56pm Aug 19, 2015 4:56pm
another 122 trades.

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MY telegram channel: https://t.me/https://t.me/tnavieurusd
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