TRENDLINE TRADING STRATEGY

Hello all,

find attached a trade I took today Tuesday 7th October 08. The USDCAD has been making very good uptrends in the daily timeframe and presents very good opportunity to capture good potential trades when you switch to a smaller timeframe like the 1hr,30mins,15mins.

This is what I dit for entering this trade: I looked looked at 1hr & 3O min charts to get my trendline right then I switched to the 5minute to WAIT FOR THE PRICE TO COME TO THE MAIN TRENDLINE and and I was ready for it there. I got in at just about the right time and off the price went, shooting up and hitting my profit target easily. How cool is that???

My advice, dont try to predict tops and bottoms, follow the trend. Why not have the odds stacked on your side by following the trend?

Regards

Myronn