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Attachments: Two trendlines, ultimate reward
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Two trendlines, ultimate reward

Quoting Victory1
{quote} I am not in GBPUSD with You gentlemen. But I wish you a successful trade and I am watching the result :-)
Hi Victory1,

ok, there will be another setups in future, of course
Quoting zeaus
trend line stragty is the best .u can use it as a making channel and get profit.

Welcome zeaus,

for me yes :-)
Maybe for another person is the best strategy something else.
Yesterday afternoon:

GBPUSD: TP hit (RRR 1:2)
XAGUSD (Silver): TP hit (RRR 1:3)

I wish to all traders nice weekend.
Quoting daniel2
Yesterday afternoon: GBPUSD: TP hit (RRR 1:2) XAGUSD (Silver): TP hit (RRR 1:3) I wish to all traders nice weekend.
That is awesome result.
Great weekend to you too :-)
Quoting Jairote
{quote} Hi daniel2... Very good job... One question: with GBPJPY, why did you decide go to 132 instead of 135... ?
Hi Jairote,

You may see now, that will be waiting for this big move, it will still on entry.
BUt with less RRR (1:3) I have 3 trades. So about 1:9. And I am still on entry. A little bit above support.

You may see now "logic" about RRR. Very often is better do less RRR (1:3) than "hoping" for 1:10. Which is rarely hit in one trade.

So ...
I have same results.
Almost same RRR.
Shorter time.
Etc.
Quoting daniel2
{quote} Hi Jairote, You may see now, that will be waiting for this big move, it will still on entry. BUt with less RRR (1:3) I have 3 trades. So about 1:9. And I am still on entry. A little bit above support. You may see now "logic" about RRR. Very often is better do less RRR (1:3) than "hoping" for 1:10. Which is rarely hit in one trade. So ... I have same results. Almost same RRR. Shorter time. Etc.
Hi daniel...

You are right.... in the case of GBPJPY I opened 2 lots.. 1 closed at 132 and the other is still open to tp 135.... sl below 130...

Very nice to work and learn from you. Thank you for sharing your experience.
Two channel intersection.... but again... Price Action, Support & Resistance are the Keys... Always look left
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Intelligence is the ability to adapt to change. -- Stephen Hawking
Quoting Jairote
{quote} Hi daniel... You are right.... in the case of GBPJPY I opened 2 lots.. 1 closed at 132 and the other is still open to tp 135.... sl below 130... Very nice to work and learn from you. Thank you for sharing your experience.
Hi Jairote,

congratulations
We will see, what will happen on GJ next week.
Quoting v2vboni
Two channel intersection.... but again... Price Action, Support & Resistance are the Keys... Always look left {image} {image} {image}

Hi v2vboni,

nice charts with SHI channel.
Good
Hallo Daniel,

Your thread is very interesting.

i have a question about trendlines.

Sometimes it seeems that your trendline crosses through a candle or several candles. Is that allowed while making trendlines.? Surprisingly often the trendline is still acting as a trendline, some weeks later.

I hope you can shed some light on this. I send an example to show what i mean.

Attached Image (click to enlarge)
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IT's very interesting strategy Daniel! I really want to join. Please kindly add me to your project. Thank you!
Quoting floda99
Hallo Daniel, Your thread is very interesting. i have a question about trendlines. Sometimes it seeems that your trendline crosses through a candle or several candles. Is that allowed while making trendlines.? Surprisingly often the trendline is still acting as a trendline, some weeks later. I hope you can shed some light on this. I send an example to show what i mean. {image}

Hi floda99,

thank You for Your post.

I see, it is not my chart. AUDNZD I am not analysing.
So, it is Your Trend Lines on chart, right?

Good job

Trend Lines is very good tool. Of course even strong support or resistances are sometimes broken or spiked. You may see this behaviour on Your chart.

I have easy rule. If is there not 3 SR, then I am not draw Trend Line.
You are on good way. You drawing on 3 and more peaks (SR levels). More "peaks" = more reliable (obvious).

So, even nice TL are sometimes broken. You must respect real trading world. And after some time is price on this Trend Line again = this TL is very good. Many big traders with big money see it.

Hope helps.
Quoting bkproteus
IT's very interesting strategy Daniel! I really want to join. Please kindly add me to your project. Thank you!
Hi bkproteus,

I added Your e-mail to the list.
Profile sent before 30 mins.
Every day You will have adapted profile for 14 instruments.

If anybody interest, write me.
Hi all.
There is summary of trading Daniel’s trend lines for last week from me.
I did few trades. I have some TP and some SL.
I am also using positive RRR.
Finally I am in small plus.

I am looking forward this week
Thank You Daniel for sharing your trend lines and advices :-)
Quoting daniel2
{quote} Hi bkproteus, I added Your e-mail to the list. Profile sent before 30 mins. Every day You will have adapted profile for 14 instruments. If anybody interest, write me.
Hi daniel2, please add me in your profile list for 14 instruments.

Thanks.
Hello, Daniel
Nice system, I would like to joint to your group,thank you very much for sharing.
Quoting daniel2
{quote} Hi bkproteus, I added Your e-mail to the list. Profile sent before 30 mins. Every day You will have adapted profile for 14 instruments. If anybody interest, write me.
Hi Daniel2, will be glad to be added to your profile list. Thank you.
Quoting Victory1
Hi all. There is summary of trading Daniels trend lines for last week from me. I did few trades. I have some TP and some SL. I am also using positive RRR. Finally I am in small plus. I am looking forward this week Thank You Daniel for sharing your trend lines and advices :-)
Hi Victory1,

congratulations
Hi guys, You have PM.

If anyone interested, send me PM.
Long USDCAD - based on support of lower TL.
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Jud
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