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
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. {image}
haha.. too early, must be more observant..
{quote} Hi XXBigWinnyXX, Your setup is good on H1 But not for me, because recognize on H4, or daily is worse. But Yes, it is tradable, as You see. Smaller TF smaller profits, more problems. You are good, do not worry
{quote} ok, thanks! One other question, please. Once the price hits the point of the intersaction of the two trendlines, you open the trade immediatly, or you wait for confirmation, like engulfing candle, inside out, etc...? Thanks, Syl
