Horizontal Line Psycho Trades

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JESGPY
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Postby JESGPY » Sat Feb 07, 2009 4:49 pm

Thanks man.

Ill keep practicing. and when I get enough confidence Ill fund my account.

JUAN

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prochargedmopar
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Postby prochargedmopar » Mon Feb 09, 2009 6:32 am

jesgpy,
With the overall trend being up^^^^, why didn't you take some of the long psych line trades on the green candles?

Are you doing buzzards only as a your trading plan?
Or?
Thx
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby illuminatedMind » Mon Feb 09, 2009 6:46 am

This system work great for me thanks for sharing
11 trade
9 win
2 losse
thanks zapzinig
I Only exist for those who seek me...

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JESGPY
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Postby JESGPY » Mon Feb 09, 2009 12:24 pm

prochargedmopar.

I've been trading both ways. But I feel safer trading reversals.

JUAN

zapzinig
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Postby zapzinig » Mon Feb 09, 2009 1:37 pm

illuminatedMind wrote:This system work great for me thanks for sharing
11 trade
9 win
2 losse
thanks zapzinig


his idea came from the Never lose again thread. TRO is the one who recommends horizontal line trading. These are just my results.

I am glad you can SEE it works also.

Gary

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Postby mwrfsu » Mon Feb 09, 2009 11:35 pm

zapzinig, which indicators are you using for your trading? Are they posted here on the sight or part of the donation indicators?

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Postby zapzinig » Tue Feb 10, 2009 1:29 am

Here are the indicators on my chart. I made a donation and received a zip file of lots of indicators and templates, these are the ones I use.


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Postby prochargedmopar » Tue Apr 14, 2009 5:53 am

Wanted to bump this up for those having trouble.
It's helping me greatly.
Last 18 trades.
18 in profit.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

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Postby zapzinig » Tue Apr 14, 2009 1:40 pm

prochargedmopar wrote:Wanted to bump this up for those having trouble.
It's helping me greatly.
Last 18 trades.
18 in profit.
Thats great Pro.

Keep doing what works.

Stay focused.

-Gary

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Great Strategy

Postby sitestuff » Wed Apr 15, 2009 11:38 am

This is an awesome strategy! I learned it from TRO as well. Trading only horizontal lines on H1 charts. I do sometimes look at the Daily chart to get a feel for which way the market is moving. You can pick up more pips if daily is reversal as well. I also use the Stoch indicator to help with reversal trades in over bought and over sold areas.

My goal is 30 pips per day trading a $300 real account at IBFX. I started yesterday with my real account.

So far for the day after 6 trades I'm +29 pips! :D ( 5 wins, 1 lost )

"just picked up a nice run, sold GBPUSD at 1.5000, currently at +23pips, will let it run for a while seeing that we are in a over bought area"

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