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

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
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
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
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? :-)
  • Post #685
  • Quote
  • Edited at 3:02am Oct 6, 2016 2:04am | Edited at 3:02am
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)
daniel2, what do you think about USD.
Is there bounce to south and sell USD or breakout to north and buy USD?
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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.
  • Post #688
  • Quote
  • Edited at 2:01pm Oct 8, 2016 4:58am | Edited at 2:01pm
Today week was "weak" as I see before.

"5R" profit :-)

We will see what will happen next week...
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.
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Today no trade.

For me is price very far from TL's.
Or TL's are not good on right places.
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 .
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 :-)
Short USDCAD from resistance of top TL
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Jud
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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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

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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
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.
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That's a good example Daniel - thanks.
Jud
Short GBPJPY from upper TL in a downward price channel
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Jud
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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