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Thread: Trend Lines, Break Out and Reversal

  1. #1
    Trader
    Join Date
    Aug 2013
    Posts
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    Given: 97

    Trend Lines, Break Out and Reversal


    Account Number: 5192948
    Investor Password: Kamran12345
    Trading Style: Trend Lines, Candles
    Account Leverage: 1:500
    Time Frames: M5, M15, H1, H4
    Currency Pairs: ALL
    Risk Reward Ratio: 1:3
    Commission 10%

    Strategy Description: I will be using trend lines to follow the trend or trade in a ranging market. Try to find a false break out for reversal or true break out to keep going with the trend. I will also keep an eye on Candles as i have been working on these for quite a long time.

    Opening/Closing Trades:
    When you see a trend has been formed and market is going with the trend then you can earn by opening buy and sell positions without looking at trend. See in picture i have mentioned where i would place my entries and close them. Also use SL just 15 Pips outside the trend lines to keep yourself safe from huge loss in case of break out or reversal. Pair: eurusd, Time frame: H1, Market Condition: Trying to change trend from bearish to bullish.

    Attachment 16214

    This same strategy i.e earning on both sides of market can also be performed in a ranging market or a bearish market as well. See 2 Pictures below to get the idea.

    Ranging Market
    Pair: eurusd, Time frame: 30 Min, Market Condition: Ranging
    Very simple or free money i call it in ranging market. Look how easy it is to perform trades in such market but SL is must as you can see in picture (right side) price broke out of range.
    Attachment 16215

    Bearish Market:
    Attachment 16216

    Money Management:
    I will be using 10% of total balance in each trade and maximum 2 trades at a time. Will also use pending orders so that i don't have to look at market all the time.

    More details will be provided with each order. Happy profits to all !

    Comment moderator

    1. ContestFX
    2. Strategy confirmed

    Not allowed!
    Last edited by Gamer; 12-06-2016 at 11:04 AM.

  2. #31
    Trader
    Join Date
    Aug 2013
    Posts
    195
    Thumbs Up
    Received: 16
    Given: 97
    Account stopped out last nigh
    Best of luck to remaining participants.

    Not allowed!

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