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Two trendlines, ultimate reward

  • #681
  • Oct 5, 2016 10:48am Oct 5, 2016 10:48am
Hi Daniel
i have been your thread from page one to last page it seems its good system but where i can download it
any help from you you or the thread followers XXXXXX
  • #682
  • Oct 5, 2016 11:07am Oct 5, 2016 11:07am
Quoting Huss70
Hi Daniel i have been your thread from page one to last page it seems its good system but where i can download it any help from you you or the thread followers XXXXXX

Hi Huss70,

send me PM with Your e-mail.

Best regards
  • #683
  • Oct 5, 2016 12:08pm Oct 5, 2016 12:08pm
Quoting daniel2
{quote} Hi iffikhan, this TrendLines on profile with 14 instruments is without signal service. Maybe in future will be PAMM available. Best regards
ok .Can you please mention the buy and sell at least.Sorry new to this.Thanks
  • #684
  • Oct 5, 2016 11:02pm Oct 5, 2016 11:02pm
Quoting iffikhan
{quote} ok .Can you please mention the buy and sell at least.Sorry new to this.Thanks

Hi iffikhan,

thank You for Your interest.

It is "almost" the same? :-)
  • #685
  • Edited Oct 6, 2016 12:02am Oct 5, 2016 11:04pm | Edited Oct 6, 2016 12:02am
From yesterday:

XAGUSD: SL (1R)
WS30: PT (3R) RRR 1:3
EURUSD: still running (RRR 1:2)
NZDUSD: still running, RRR 1:3.7 (added today before few hours buy limit with 10.7 pips SL)
  • #686
  • Oct 6, 2016 5:11am Oct 6, 2016 5:11am
daniel2, what do you think about USD.
Is there bounce to south and sell USD or breakout to north and buy USD?
Attached Image (click to enlarge)
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  • #687
  • Oct 6, 2016 6:26am Oct 6, 2016 6:26am
Quoting granparadiso
daniel2, what do you think about USD. Is there bounce to south and sell USD or breakout to north and buy USD? {image}
Hi granparadiso,

we analyse only 14 instruments.

Why? It is describe on BLOG.
  • #688
  • Edited 11:01am Oct 8, 2016 1:58am | Edited 11:01am
Today week was "weak" as I see before.

"5R" profit :-)

We will see what will happen next week...
  • #689
  • Oct 8, 2016 11:03am Oct 8, 2016 11:03am
GBP Fall Down
We can see a big fall down GBPUSD today.
And GBP paris generally.
There are some interesting new about this move on the media nowadays

Reuters
Sterling plunged to a 31-year low in a matter of minutes on Friday, in what traders said was a "flash crash" driven by computer-initiated sell orders that left the currency on track for its worst week since the Brexit vote in June.
Attached Image (click to enlarge)
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  • #690
  • Oct 10, 2016 3:03am Oct 10, 2016 3:03am
Today no trade.

For me is price very far from TL's.
Or TL's are not good on right places.
  • #691
  • Oct 11, 2016 10:23am Oct 11, 2016 10:23am
Hi Daniel2...

I want to thanks for explain us the way you use the TL to trade. It has helped me to improve my trades. The TL are now the main indicator to take decisions to take a trade. I do not like neither MA nor oscillators. I have two questions: 1. Yo do not mention S/R neither fibo. Do you use them..? 2. According to the TL you could have the entries at any moment, I mean, you could have entries at sydney market.. could you..?..

Thanks in advance .
  • #692
  • Oct 11, 2016 12:23pm Oct 11, 2016 12:23pm
Quoting Jairote
Hi Daniel2... I want to thanks for explain us the way you use the TL to trade. It has helped me to improve my trades. The TL are now the main indicator to take decisions to take a trade. I do not like neither MA nor oscillators. I have two questions: 1. Yo do not mention S/R neither fibo. Do you use them..? 2. According to the TL you could have the entries at any moment, I mean, you could have entries at sydney market.. could you..?.. Thanks in advance .

Hi Jairote,

thank You for Your questions.

ad 1) I do not use Fibo. S/R I use. Horizontally and diagonally (TL's).
ad 2) If is price on right side and right direction, if there is good RRR, etc. then I enter the trade. I do not care about "time".

Best regards :-)
  • #693
  • Oct 27, 2016 1:47am Oct 27, 2016 1:47am
Short USDCAD from resistance of top TL
Attached Image (click to enlarge)
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Jud
  • #694
  • Oct 27, 2016 2:03am Oct 27, 2016 2:03am
Quoting jud500
Short USDCAD from resistance of top TL {image}
Hi Jud,

nice image
We may see Price Channel.
I draw Price Channel only for this purposes:

- Immediately see, which RRR is possible to use
- Angle of Trend Lines
- Where is my potential TP and SL
- NEVER for trading opposite signals. (BEWARE trade opposite trend lines of Price Channel).


For example.

I have buy on GOLD. BUY on bottom TL.
I never sell on top (upper TL) = it is against the trend. Very danger.
Of course, I trade it sometimes. But very, extrememely rarely.


Best regards and greetings
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  • #695
  • Oct 27, 2016 2:34am Oct 27, 2016 2:34am
Next important tip for me, maybe for another trader:

I only risk same amount.

Example:

You have 100 000 USD.
The You calculate 2% from this amount. It is 2 000 USD.
So, always use as SL amount this 2 000 USD.
Every trade.
No more, no less.

If You have for example on AUDSUD SL 100 pips, then You use volume 2 full lots.

Help this calc:
http://www.myfxbook.com/forex-calculators/position-size

Attached Image (click to enlarge)
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  • #696
  • Oct 27, 2016 2:46am Oct 27, 2016 2:46am
Quoting daniel2
{quote} Hi Jud, nice image We may see Price Channel. I draw Price Channel only for this purposes: - Immediately see, which RRR is possible to use - Angle of Trend Lines - Where is my potential TP and SL - NEVER for trading opposite signals. (BEWARE trade opposite trend lines of Price Channel). For example. I have buy on GOLD. BUY on bottom TL. I never sell on top (upper TL) = it is against the trend. Very danger. Of course, I trade it sometimes. But very, extrememely rarely. Best regards and greetings {image} {image}
Good point about not trading against the trend in a price Channel.
Jud
  • #697
  • Oct 27, 2016 2:57am Oct 27, 2016 2:57am
Quoting jud500
{quote} Good point about not trading against the trend in a price Channel.
Hi Jud,

here is example with nice Price Channel on USDJPY.

Early days of my trading I trade it normally.
But now almost never.
Attached Image (click to enlarge)
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  • #698
  • Oct 27, 2016 4:57am Oct 27, 2016 4:57am
That's a good example Daniel - thanks.
Jud
  • #699
  • Oct 27, 2016 11:46pm Oct 27, 2016 11:46pm
Short GBPJPY from upper TL in a downward price channel
Attached Image (click to enlarge)
Click to Enlarge Name: 2016_10_28 GBPJPY Daily.png Size: 32 KB
Jud
  • #700
  • Oct 28, 2016 12:42am Oct 28, 2016 12:42am
Quoting jud500
Short GBPJPY from upper TL in a downward price channel {image}

Hi Jud,

I see , You understand how it is with slope direction, upper and lower TL. Good!

But, if price go via TL, it is called "Break Out". Then is TL broken. It is not valid.
It is first signal for no trade and change direction of trend. From sell to buy.

Personally I do not trade BreakOuts.
I still wait for signal in Price Channel or by nice TL.

Greetings!
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