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Two trendlines, ultimate reward

  • #21
  • Feb 18, 2016 9:02am Feb 18, 2016 9:02am
EURUSD closed as soon as possible. +1 pip. It is neccesary buy only good trades. This one was very early bought.
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  • #22
  • Feb 18, 2016 9:07am Feb 18, 2016 9:07am
EURNZD late close with about + 30 pips.
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  • #23
  • Feb 18, 2016 9:22am Feb 18, 2016 9:22am
Quoting AcanaTrader
{quote} one more question i need to see higher time frame and draw TL, or just stick only with one timeframe? example i like trade h4 chart, its need to take a look for Daily and weekly chart and draw TL?

Hi AcanaTrader,

it is very good, if You analyze all big TF's. If not, then are obvious unnecessary "surprises". If You see TL's on bigger TF's, then You see more and You may be better prepare for trades and expecations.

For example:
Analyzing only one TF is similar as watch Your house only inside.
If You will analyze all TF's, then You will see from windows (not Microsoft) and You may go out from house, find toys from You kids at house (M1, M5, M15)... :-)


It is same like here.
On H1 (NZDCAD), good for sell?
But see Daily TF.

I do not know where will be price after hours. If in SL, or higher. But Daily TF is higher, so more important. Yes, of course, I must wait properly for better signal... But You see now difference?
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  • #24
  • Feb 18, 2016 9:32am Feb 18, 2016 9:32am
Quoting daniel2
{quote} Hi AcanaTrader, it is very good, if You analyze all big TF's. If not, then are obvious unnecessary "surprises". If You see TL's on bigger TF's, then You see more and You may be better prepare for trades and expecations. For example: Analyzing only one TF is similar as watch Your house only inside. If You will analyze all TF's, then You will see from windows (not Microsoft) and You may go out from house, find toys from You kids at house (M1, M5, M15)... :-) It is same like here. On H1 (NZDCAD), good for sell? But see Daily TF. I do not know...
Hi Daniel,

nice, this is what i want to hear
thank you for clear answer

this is awsome thread
you are very nice person
Joining The 10%
  • #25
  • Feb 18, 2016 9:37am Feb 18, 2016 9:37am
Quoting AcanaTrader
{quote} Hi Daniel, nice, this is what i want to hear thank you for clear answer this is awsome thread you are very nice person


Thank You AcanaTrader,

You are welcome :-)
  • #26
  • Feb 18, 2016 9:46am Feb 18, 2016 9:46am
Better buy of EURUSD.
Interesting support TL's and double "bottom" on M1, M5, M30. And nice buy reaction support.
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  • #27
  • Feb 18, 2016 10:16am Feb 18, 2016 10:16am
EURUSD closed, +20 pips.
Move was very small, not strong.
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  • #28
  • Feb 18, 2016 10:26am Feb 18, 2016 10:26am
Quoting AcanaTrader
{quote} Hi Daniel, nice, this is what i want to hear thank you for clear answer this is awsome thread you are very nice person

Hi AcanaTrader,

here is NZDCAD, which I mentioned with explanation "watch more TF's", from here: http://www.forexfactory.com/showthre...55#post8762455

From nice sell on H1 is now price on NZDCAD a little nightmare for sellers...

And it is only with watching bigger TimeFrames.
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  • #29
  • Feb 18, 2016 10:38am Feb 18, 2016 10:38am
Quoting daniel2
{quote} Hi AcanaTrader, here is NZDCAD, which I mentioned with explanation "watch more TF's", from here: http://www.forexfactory.com/showthre...55#post8762455 From nice sell on H1 is now price on NZDCAD a little nightmare for sellers... And it is only with watching bigger TimeFrames. {image}
yes you are right, im watching this pair since you posting it
how amazing price react to TL as support
Joining The 10%
  • #30
  • Feb 18, 2016 11:00am Feb 18, 2016 11:00am
EURGBP open buy: http://www.forexfactory.com/showthre...20#post8762320


EURGBP closed, + 20 pips.
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  • #31
  • Feb 18, 2016 11:04am Feb 18, 2016 11:04am
NZDCAD close, about + 30 pips.

More about this trade here:
http://www.forexfactory.com/showthre...55#post8762455
http://www.forexfactory.com/showthre...31#post8762631
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  • #32
  • Feb 18, 2016 11:59am Feb 18, 2016 11:59am
Hi

Great trading idea. My trade account needs this kind of trading style to turn around.
  • #33
  • Feb 18, 2016 12:40pm Feb 18, 2016 12:40pm
Quoting cassyd
Hi Great trading idea. My trade account needs this kind of trading style to turn around.
Hi cassyd,

welcome :-)
You may try find some entries with us here. Then try open them on demo.
  • #34
  • Feb 18, 2016 1:07pm Feb 18, 2016 1:07pm
That's cool. I thinked to this strategy and i started using it like that about one or two weeks ago an today i opened facebook and i found a ForexFactory's post that was about the same strategy. I think that this can work beacause i have seen that this strategy has a big percentual of winner trades. Let's work hard on this man. I'll post some photos of possible trade.
  • #35
  • Feb 18, 2016 1:27pm Feb 18, 2016 1:27pm
Quoting XXBigWinnyXX
That's cool. I thinked to this strategy and i started using it like that about one or two weeks ago an today i opened facebook and i found a ForexFactory's post that was about the same strategy. I think that this can work beacause i have seen that this strategy has a big percentual of winner trades. Let's work hard on this man. I'll post some photos of possible trade.

Hi XXBigWinnyXX,

welcome :-)

Thank You for info.
We will be very glad here for Your setups and comments.
  • #36
  • Feb 18, 2016 4:19pm Feb 18, 2016 4:19pm
Short NZDUSD in one/two hours? The trend is down;
I think i'll do this trade if the price dosn't break the trendline and if it will make a shadow on it.
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  • #37
  • Feb 18, 2016 4:22pm Feb 18, 2016 4:22pm
Hi Daniel, nice thread! One question, do you mind about the trend (bullish or bearish) when you trade?

Syl,
  • #38
  • Feb 18, 2016 4:46pm Feb 18, 2016 4:46pm
Quoting sylbolid
Hi Daniel, nice thread! One question, do you mind about the trend (bullish or bearish) when you trade? Syl,
I don't think that is important, it can be a bullish or bearish trend but the trendline can works in both the way however we can wait Daniel's answer.
  • #39
  • Feb 19, 2016 12:15am Feb 19, 2016 12:15am
hi just found out your thread..this one looks promising..how long have u been using this system? .can u help me with the steps to trade trendlines? what TF

should be first to see should we draw the lines from the wick of candles or the closing price? where to take profit what TF? whats your confirmations before taking the trade? thx
  • #40
  • Feb 19, 2016 2:05am Feb 19, 2016 2:05am
Quoting XXBigWinnyXX
{quote} I don't think that is important, it can be a bullish or bearish trend but the trendline can works in both the way however we can wait Daniel's answer.
Hi BigWinny, thanks for your opinion. You know, many traders like to don't trade the bouce to support when the trend is bearish, istead they prefer to wait for the price to go below the support, than wait for the price to bounce to it (become resistance) and open the trade.
Usually they like to trade only resistance when the trend is bearish, and only support when the trend is bulllish.

Cheers,
Syl
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