Any t/f will work, just be aware of what htfs are doing though to keep your t/ps and stops realistic with regards to the broader picture. The method I have laid out here is in it's simplest form and effective. I use it as it stands as well as using ...

Two trendlines, ultimate reward

Anything better than 1:1 is a good return as far as I am concerned, but I often open 3 positions at the same time, and yes I move my stops when tp1 has been reached to look for a freebie on the remaining 2 positions. I am always aware of what higher ...

Two trendlines, ultimate reward

If anyone else has charts to post btw then go ahead let's have a look and I'll comment on them if you like. ps...I hope I'm not corrupting Daniels thread btw Let me know Dan Cheers LL

Two trendlines, ultimate reward

What else is there to tell, you have nailed the principle now for this particular strategy....the rest comes down to an individuals stops, t/ps and general management of any given trade. One thing I would stress however, is ensure you allow enough ...

Two trendlines, ultimate reward

Well done S All perfectly good examples....now ya gotta admit that is a piece of cake or what lol....and no reason at all why no one else can set up exactly as you have ably demonstrated...good stuff mate. LL

Two trendlines, ultimate reward

Yes it's quite unique I expect...but now we can easily see the wood from the trees once the trees have been cut away leaving us with a much simpler vision to see where we are heading! LL

Two trendlines, ultimate reward

Hi S Yes, now you have understood the concept correctly in line with my approach. Note, t/ls as we all know are extremely interpretable and for most people quite ambiguos which makes decision making that much more difficult and we have seen that ...

Two trendlines, ultimate reward

Hi S That's not exactly correct, study those charts carefully that I posted, especially the first one, which is where I i identify my t/l. Then, when the solid lines are overlaid on that chart (that you have identified the hidden dotted t/l points ...

Two trendlines, ultimate reward

Hi all OK, a little more help in understanding how to find these hidden t/l points. I have some pending UC longs which I was a bit late on entering at the ideal entry this morning,, and I have chosen to set pendings at the price I'm interested in ...

Two trendlines, ultimate reward

I also use a 3-level semaphor and I've added that here in case you want to use that also, but there are plenty of others out there that do a similar job. LL file

Two trendlines, ultimate reward

Hi M Sorry I meant shift 2 not advanced 2. They are standard mt4 mas in the indicator list btw and as I said, 2 of them set ma1 shift 0 (one set at high and one set at low, coloured to suit your taste), and the other 2 are ma1 also but shifted 2 , ...

Two trendlines, ultimate reward

Go to indicators and add some moving averages.

Two trendlines, ultimate reward

Hi Kobol Glad to see you could make it LL

Two trendlines, ultimate reward

Hi D 1) Simply add 2 x ma1....with 0 advance, and colour to your taste 2) Then add 2 more ma1...this time advanced 2, and make them dotted and coloured to your taste. Add a semaphore indi or whatever you prefer to identify a likely ob/ or o/s kind ...

Two trendlines, ultimate reward

The most difficult part that traders tend to find is what consitutes a proper t/l. It's a very good question, and we so often see charts with a spaghetti filled chart of t/ls. Sure, one of those will be the right one, but which one is the ...

Two trendlines, ultimate reward

To answer the question btw do I use trendlines. I use just one t/l for entry, and also a t/l when I'm considering an exit. LL

Two trendlines, ultimate reward

Hi D Look carefully at that chart I posted earlier, and take note of exactly where I have drawn my white t/l for that buy set up, ie using the dotted MA1 ....study that carefully because that is the crux of my method. For buying entry will be when ...

Two trendlines, ultimate reward

I appreciate it seems to be too good to be true lol....but t/ls are the king in my book (with a few other bits n pieces of course), but believe me, this simple approach does work and has done for many years for a great deal of traders I'd imagine. ...

Two trendlines, ultimate reward

I know it is scarily obvious what to look for especially when a chart is posted to show you....and hopefully those interested can easily see the straightforward advantages of looking at it this way, but if there are any questions then feel free to ...

Two trendlines, ultimate reward

Ok D Here's a basic chart of an EJ entry I made earlier for example, I've already taken tp1 off the table leaving two positions still in play at present. You will see I don't need candles, just MA1s to give me high and low lines. You will also ...

Two trendlines, ultimate reward