The TL SR System by ChaosBUN | Forex Factory

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The TL SR System by ChaosBUN

  • #1
  • First Post: Aug 16, 2015 2:21pm Aug 16, 2015 2:21pm
Hi guys. Now I am 27 years old. Remember my last thread on trade system was done when I was 25 years old.
In between the past year, I din't trade much due to I start my own company and was really busy handling client.

Now got some time to trade back forex, loaded some money and this is the result.

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I used to trade with a lot of indicators and speculate etc. but now my trading is all about using Trend Line, and Support / Resistance.

The thread focus mainly on the usage of trend line. I trade with a naked chart at TradingView, simply load the currency pair I interested in.

I will draw 2 trend line, 1 is short term trend line, 1 is long term trend line.



Short term give me the idea of how the pair is moving at this period of time.
Long term let me know what is the real movement.

I also trade break out of trend. I will include more samples of this system if there interest of people wanting to learn !.

Cheers. I am back with small capital playing. not really want to go havoc and sleepless when trade too much.
Learn to Trade is Important. Keep your bias & ego aside.
  • #2
  • Aug 16, 2015 2:35pm Aug 16, 2015 2:35pm
1 Simple play for the week.

I going bullish with UJ since the trend tell me so. I will aim for close to 124.80 approx for my TP

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My SL will be somewhere around 123.60 (if I want lose lesser, I might go for 123.80)

Entry should be 124.05 to 124.30 zone should be okay.
Learn to Trade is Important. Keep your bias & ego aside.
  • #3
  • Aug 16, 2015 2:41pm Aug 16, 2015 2:41pm
EUR/USD seems to going down. I take priority on the long term trend was break down. I going with EU short thou

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My exit is at 1.12 thou for SL
Learn to Trade is Important. Keep your bias & ego aside.
  • #4
  • Aug 16, 2015 5:35pm Aug 16, 2015 5:35pm
Quoting chaosbun
EUR/USD seems to going down. I take priority on the long term trend was break down. I going with EU short thou {image} My exit is at 1.12 thou for SL
congratulations for your open thread ...

hihihihi....
i think like that,, brother.....

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Regard, Ding Dong
  • #5
  • Aug 17, 2015 2:19am Aug 17, 2015 2:19am
Quoting chaosbun
EUR/USD seems to going down. I take priority on the long term trend was break down. I going with EU short thou {image} My exit is at 1.12 thou for SL

EUR usd fall over 40 pips. Seems like trend line is the boss
Learn to Trade is Important. Keep your bias & ego aside.
  • #6
  • Aug 17, 2015 7:42am Aug 17, 2015 7:42am
TL and SR , interesting new thread, keep going posting more brother.
I like naked trading......
  • #7
  • Aug 17, 2015 8:07am Aug 17, 2015 8:07am
Quoting chaosbun
Hi guys. Now I am 27 years old. Remember my last thread on trade system was done when I was 25 years old. In between the past year, I din't trade much due to I start my own company and was really busy handling client. Now got some time to trade back forex, loaded some money and this is the result.
You are only showing us winning trades. What about loosing trades?
  • #8
  • Aug 17, 2015 9:11am Aug 17, 2015 9:11am
Hi! I really like this type of trading so I am in
  • #9
  • Aug 17, 2015 10:29am Aug 17, 2015 10:29am
Quoting lapras
{quote} You are only showing us winning trades. What about loosing trades?

The problem is there is no losing trade since I use this system when I back after 1 year of inactive.. I will share the losing trade when it happen.
Learn to Trade is Important. Keep your bias & ego aside.
  • #10
  • Edited 10:48am Aug 17, 2015 10:32am | Edited 10:48am
Closed UJ LONG(posted yesterday), EU SHORT (posted yesterday), NZD USD LONG(forgot to post here). Made quite decent. about 20-40 pips each trade.

I opening GU long. Trend line tell me its on up trend still.

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My SL is quite far. at 1.55
Learn to Trade is Important. Keep your bias & ego aside.
  • #11
  • Aug 17, 2015 10:37am Aug 17, 2015 10:37am
Quoting budim2006
TL and SR , interesting new thread, keep going posting more brother. I like naked trading......
Thanks!
Learn to Trade is Important. Keep your bias & ego aside.
  • #12
  • Aug 17, 2015 10:46am Aug 17, 2015 10:46am
i also going in for aud usd long, sl also quite far. about 0.7300

4 HR small view

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Close view


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Short terms seems bearish, but then it broke the long term down trend.
Learn to Trade is Important. Keep your bias & ego aside.
  • #13
  • Aug 17, 2015 1:36pm Aug 17, 2015 1:36pm
USD/CAD short - a gem in the findings.


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Seems like it is going for a good down trend. I set my sl at 1.3170
Learn to Trade is Important. Keep your bias & ego aside.
  • #14
  • Aug 17, 2015 11:27pm Aug 17, 2015 11:27pm
HI Chaosbun, seems like you're using TL as SR , why not using horizontal SR ? ...
  • #15
  • Aug 18, 2015 4:57am Aug 18, 2015 4:57am
Quoting chaosbun
Closed UJ LONG(posted yesterday), EU SHORT (posted yesterday), NZD USD LONG(forgot to post here). Made quite decent. about 20-40 pips each trade. I opening GU long. Trend line tell me its on up trend still. {image} My SL is quite far. at 1.55
GU closed with good profit. It up over 110 pips, I close at +80 or so.
Learn to Trade is Important. Keep your bias & ego aside.
  • #16
  • Aug 18, 2015 5:08am Aug 18, 2015 5:08am
Adding USD / JPY Short - The Long Term Trend Remain Bearish.

S/L as far as 125.4 (quite far actually), actually 124.6 is okay too.


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Update of statement as compare to post #1

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So far so good for the trading. Maybe I have yet to meet my doom. But I will keep going.
Learn to Trade is Important. Keep your bias & ego aside.
  • #17
  • Aug 18, 2015 5:09am Aug 18, 2015 5:09am
Quoting budim2006
HI Chaosbun, seems like you're using TL as SR , why not using horizontal SR ? ...
I can use both. I do look at High Low High Low too. but I use trend line as a better gauge of the trend.
Its always do good to follow the trend.
Learn to Trade is Important. Keep your bias & ego aside.
  • #18
  • Aug 18, 2015 6:14am Aug 18, 2015 6:14am
Chaos, may i know how you enter your trade? do you only enter on the breakout? or do you wait for the pullback? What is you TP and SL? Thanks!
  • #19
  • Aug 18, 2015 9:51am Aug 18, 2015 9:51am
NZD/USD long added to my trade list.

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Regarding how I enter, as mention on post #1. I see the overall trend using H4 / D1

Then I see the short term trend to expect how much retrace it will have before continue on the trend.
Learn to Trade is Important. Keep your bias & ego aside.
  • #20
  • Aug 18, 2015 11:02am Aug 18, 2015 11:02am
Good work and thanks for sharing. Always interested in learning something new. How much time would you say that you spend at your PC going through the charts. I'm unable to spend a great deal of time due to working a full time job (boy, I can't wait until is my full time job). What pairs do you trade?
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