Advanced strategy #10 (Trend Line Trading Strategy)

Hi to all,

There is a nice setup forming, on GBP/USD H4 TF, to the down side.
I am waiting for this H4 candle to close and i may place a sell order below previus candle at 1.65800 , lets see how it plays out.

Regards,
Chinto.

Hi to all,

I closed my long trade on EUR/USD with a nice profit at 1.48400 as the System.

It may still go up to the 1.50000 previus resistance on the Daily TF, but since i opened the trade using a smaller TF, i was more comfortable taking the profit at previus resistance level on the H4 TF.

I will be waiting for the next trade setup.

Regard,
Chinto.

Hi Bill,
Myronn, as he states on the first page, takes trades even on 1 minute,5 minutes 15 minutes and up, so that may be the reason why he is able to find that many trades per day.
My favorite timeframes to use this method are H1 and H4 charts, starting from looking at the Daily chart to see the biger picture of the market direction.

Regards,
Chinto.

I can't understand how Myronn finds so many orders to open per day. Like 10-15 orders per day!
Bill

Hi to all,
I am long on EUR/USD since this morning, i have moved my stop lost as price has moved up nicely.
Is anybody using this great trading method?
Good trading for all.

Chinto.

Hi to all,

As today the EUR/USD on the H1 chart is coming down to test the TL, it seems that may retrace from the TL, and that is going to be a nice place to place an order.
I love this trading method.

Regards to all.

Hi to all,

NZD/USD has been trading up today very nicely....it tested the trendline on the Daily chart and it has moved up from the TL about 200 pips...isn't that a nice move!! EUR/USD has moved up at little from the TL ...tow nice trades.

Regards,
Chinto.

I just want to share a nice trade from last week using this powerfull method.

This is another trade i took using this amazing Stategy.
This Strategy works so well.
Thanks Edward and team.

Regards,
Jacinto.

Hi to all,

As tonight, NZD/USD is coming down to test the TL on the H4 chart and move up a bit more as the pair still has some room from previous weekly high at 0.82000.
Lets see how it plays out, price can go down or up, we never know where is going to go our job is to be prepare to enter the trades with the minimum risk possible.

Regards,
Chinto.

You are wellcome Matcey,

I managed to get 20 pips out of the USD/CHF trade setup i was talking about last night.
Price moved down about 40 pips to 1.01481 from my entry. I moved my SL as price started to move up fast from the Daily PP lavel.
Tow pair that are making a nice retracement on the H4 chart moving down to the TL are EUR/USD and NZD/USD and EUR/NZD is also forming a nice setup on the H4 chart to the down side,lets see how they trade this week.

Regards,
Chinto.

Thanks, Chinto, for advices. Its cool you showed where to pay attention. Cool for the beginners :)
Matcey

Hi to all,
Looking at the charts tonight, nice trade setup still forming on NZD/JPY on H4 timeframe. Also USD/CHF on H4 price is already testing the trendline and trading down. For USD/CHP would be a good idea to move to H1 timeframe to have a good entry.
Lest see how those pair trade tonight.

Regards,
Chinto.

Matcey,
To fing some trade setups you can look at the pair that are trending like EUR/USD,NZD/USD Draw your trendline on H1 charts and you will find some good setups there. There are other pair that are showing nice setups.
I hope that helps a little.

Regards,
Chinto.

Hi Matcey,
It is truth that Myronn states he takes some trades using small timeframes, but the way he does it is by looking at the bigger timeframes first.
If on the Daily,H4 and H1 timeframes you see that the trend is up/down than you can move to a smaller timeframe to have a better entry, see back on page #10 how he uses small timeframes on the tow charts of GBP/JPY.

Keep on reading and also looking at the charts to fing thoes trade setups and be patient, very soon you will see how powerful this method can be.
I have been trading it for some time and the results are amazing and better than any other method i have used before.
Once you can apply it to your trading you can start to see some serious numbers in your account adding up.This is the way the most professional traders trade successfully.

Regards,
Chinto.

Hi Abdullah,
I would wait to see if price trades back up to the TL again or look for other pair to trade.
Remember, it is better to miss a trade than to lose on a trade.
If you are thinking about trading for long time,i am completly sure that you will have many trades like that or better.

Regards,
Chinto.