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Two trendlines, ultimate reward

  • #81
  • Feb 20, 2016 5:11am Feb 20, 2016 5:11am
Daniel, how CCI (15) support the whole TL system?
Humble & Kalcker CLO2 = Covid killer
  • #82
  • Feb 20, 2016 5:19am Feb 20, 2016 5:19am
Quoting jusiur
Daniel, how CCI (15) support the whole TL system?

Hi jusiur,

welcome.

Good question
It is only from "historic ages of my trading". I think, it will be removed from my charts very soon. We will see

Sometimes I checked on TF 15, if am I right on sell (CCI is up and go down). or buy (CCI is down and go up).
But with two trendlines system is not neccessary. For me it is almost useless now.

Best regards to Ecuador
Daniel
  • #83
  • Feb 20, 2016 6:45am Feb 20, 2016 6:45am
Now is very late for entry for me. Only for explanation.
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  • #84
  • Feb 20, 2016 8:04am Feb 20, 2016 8:04am
Prepare for probably next trades.
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  • #85
  • Feb 20, 2016 9:37am Feb 20, 2016 9:37am
Hey Daniel,

Seeing you 2007 join date made me feel safer to read this thread haha.

I will start doing this starting monday. Going to draw some lines using your method. I am very curious haha
It's always part of a bigger plan
  • #86
  • Feb 20, 2016 9:39am Feb 20, 2016 9:39am
@daniel2:
fine Trading strategy.
I'm trading something similiar .
But there is 1 thing which sometimes disturb my Trades in a very annoying matter:
The MT4-charts are LINEAR-Charts and so they change when price is moving far down/up the actual price.So the chart is exoanding to north or south.
And so the trendlines change and I have to adjust them again and again.
How do you deal with that?
Have you ever thought of going to a LOGARITHMIC-chart?
Reg.Zack
  • #87
  • Feb 20, 2016 9:43am Feb 20, 2016 9:43am
Quoting Mickster
Hey Daniel, Seeing you 2007 join date made me feel safer to read this thread haha. I will start doing this starting monday. Going to draw some lines using your method. I am very curious haha

Hi Mickster,

welcome :-)

I am in trading longer, than 2007.
Before 2007 I was on commodity trading... You know, deals via phone, etc. These days now are a little bit different :-)

We will be glad here, if You will post some Your opinions :-)

Greetings to Canada
Daniel
  • #88
  • Feb 20, 2016 9:48am Feb 20, 2016 9:48am
Quoting zackery
@daniel2: fine Trading strategy. I'm trading something similiar . But there is 1 thing which sometimes disturb my Trades in a very annoying matter: The MT4-charts are LINEAR-Charts and so they change when price is moving far down/up the actual price.So the chart is exoanding to north or south. And so the trendlines change and I have to adjust them again and again. How do you deal with that? Have you ever thought of going to a LOGARITHMIC-chart? Reg.Zack
Hallo Zackery,

welcome here :-)

Interesting question. My trend lines are a little bit false, obvious after weekend. So, I probably understand, what about do You think. I have no solution for this :-( I must a little bit tune all trend lines like You. :-(
I am sorry. Maybe anyone else here?

I must say, I hear about logarithmic chart first... Thank You, I must read about it. Do You have any example, screens, advantages?

Mit freundlichen Gren
Daniel
  • #89
  • Feb 20, 2016 10:07am Feb 20, 2016 10:07am
Would this work?

Potential Short here.
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It's always part of a bigger plan
  • #90
  • Edited 11:45am Feb 20, 2016 10:21am | Edited 11:45am
Quoting Mickster
Would this work? Potential Short here. {image}

Hi Mickster,

I do not see, which TF it is?

Is there 100 pips for price movement down?
Probably not. If I check "Conditions" from post No 1., then it is dangerous trade. But on first look is great :-)
The movemement for price must be massive from the first look. This is what there must be "hole" of 100 pips. More is better

Next: It is very important see lower and higher TF's.
TIP: For me it will be late entry = very probably do not trade.

BUT, Your TL's are very nice :-)
  • #91
  • Feb 20, 2016 10:45am Feb 20, 2016 10:45am
Quoting daniel2
{quote} Hallo Zackery, welcome here :-) Interesting question. My trend lines are a little bit false, obvious after weekend. So, I probably understand, what about do You think. I have no solution for this :-( I must a little bit tune all trend lines like You. :-( I am sorry. Maybe anyone else here? I must say, I hear about logarithmic chart first... Thank You, I must read about it. Do You have any example, screens, advantages? Mit freundlichen Gren Daniel
sadly not ,but I have compared some LOGARITHMIC-charts (seen by other members here) with my LINEAR-charts and they look more reliable and steady.
So I will open a new Thread in the Forum:"Platform- tech" to see if anyone could recommend a Borker or software or whatelse to solve this problem.
Lets see.
Reg Zack
  • #92
  • Feb 20, 2016 10:50am Feb 20, 2016 10:50am
Quoting zackery
{quote} sadly not ,but I have compared some LOGARITHMIC-charts (seen by other members here) with my LINEAR-charts and they look more reliable and steady. So I will open a new Thread in the Forum:"Platform- tech" to see if anyone could recommend a Borker or software or whatelse to solve this problem. Lets see. Reg Zack

Hallo Zack,

thank You for explanation.
OK I will check Your thread.

Alles Gute
Daniel
  • #93
  • Feb 20, 2016 11:58am Feb 20, 2016 11:58am
Quoting Cryptosurf
Here's a perfect example of how i plot the trends. As each level is taken out or bounce off, i'll place pending orders accordingly. Stay in as long as possible. {image}
thanks for your reply. do you plot the lines with a software? im a newbie. still learning. can u please clarify
  • #94
  • Feb 20, 2016 11:02pm Feb 20, 2016 11:02pm
Hi Nickjr96

Cryptosurf uses a Fibonacci fan to plot his levels....On mt4 check - insert tab > fibonacci tab > Fan Tab .......... You can add more fibonacci levels by clicking on the add tab
  • #95
  • Feb 21, 2016 12:09am Feb 21, 2016 12:09am
I forgot post here my missed trade on GBPAUD.
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  • #96
  • Feb 21, 2016 12:54am Feb 21, 2016 12:54am
Hello daniel2

Can say more about - "Is there 100 pips for price movement down?"

I mean how do you select your pairs, and measure this Condition: "There must be place for free price movement minimum 100 pips."

Thanks
Kibria
  • #97
  • Feb 21, 2016 2:01am Feb 21, 2016 2:01am
hi daniel, how long have you been successfully trading this "two trendline" strategy?
  • #98
  • Feb 21, 2016 2:13am Feb 21, 2016 2:13am
Quoting gkb46
Hello daniel2 Can say more about - "Is there 100 pips for price movement down?" I mean how do you select your pairs, and measure this Condition: "There must be place for free price movement minimum 100 pips." Thanks

Hi gkb46,

welcome
Good question.

100 pips movement = price have no obstacles in up or down. No resistances, no supports. See screens for example. Do You see difference?

Greetings to Bangladesh
Daniel
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  • #99
  • Feb 21, 2016 2:15am Feb 21, 2016 2:15am
Quoting fsm
hi daniel, how long have you been successfully trading this "two trendline" strategy?

Hi fsm,

welcome too

This strategy is in my trading the most successful, what I ever trade. Few years.

Greetings to Switzerland
Daniel
  • #100
  • Feb 21, 2016 3:14am Feb 21, 2016 3:14am
Quoting Leon 14
Hi Nickjr96 Cryptosurf uses a Fibonacci fan to plot his levels....On mt4 check - insert tab > fibonacci tab > Fan Tab .......... You can add more fibonacci levels by clicking on the add tab
Actually i don't. That was an example how I will manually plot trend line's at each subsequent level and place pending orders accordingly.
Trade with confidence, trade without fear.
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