Trend lines
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Thread: Trend lines

  1. #1
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    Trend lines

    login: 5233019
    Investor Password: readonly


    System: Trend Lines
    Difficulty: easy
    Timeframe (TF): M15 | M30 | H1 | H4
    Trading pairs: All

    Strategy Description:
    Strategy as name suggests consists of trend lines only. Trend line trading is all about trading the market moving in a trend line. Some examples on how to trade with the trend lines are explained with the help of images below.

    Untitled 3.png

    Untitled2.png

    Untitled.png


    It is not as easy as it looks in pictures really. There are many fake signals in trend lines also, you might be looking at price moving in time frame 15m but it may be following other time frame. Therefore proper risk management is also necessary. There will be only 20% risk involved in each trade. If i can stay in the contest till last week then i will increase risk to catch up with other traders.

    Comment moderator

    1. ContestFX
    2. Strategy confirmed

    Not allowed!
    Last edited by ContestFX; 12-04-2017 at 12:12 PM.

  2. #2
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    Live order opened for gbpaud ID 131332955 used 10 lots to sell this pair and target is 160 pips. Tp is set at october's Highest level and from there a pending buy limit is also placed. Trend line has not been broken yet but i am expecting a double bottom to be formed in this pair. Open price is 1.7523 and tp is 1.7362. Pending buy price is 1.7357 and ID is 131332967.
    Gppaud.jpg

    Not allowed!

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