All You Need is just Lines...

[Roels Major]

Nice Video by TRO

 

[iqofgenius]

Roels, the guy in the video might be on to something. I placed a horizontal line at Wellington open and if you place an order in the direction of a candle that closed 10 pips distant from the open line you have a very high percentage trade. In other words, if you have a candle that CLOSES 10 pips below the line, place a short. I am probably not explaining it well without a chart to work from but check it out and let's hear your opinion

[dave123]

Simple on a flip pad. Would like to see this guy make few live trades using this idea, enough to convince me. I trade off weekly sr's lines with confirmations. In comparison this idea sounds a bit hit and miss.

[Roels Major]

Explain by chart...

 

Okeh!

 

It works...but you must have "the perfect entry" or may the good one enough...

And S&R as needed...

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/wherewherewherelast5days_zpsd68f28ad.gif

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/wherewherewherelast5days2_zps127ed67d.gif

[Roels Major]

Another chart...

Well 10 pips SL is relative...

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/Algorithmaidealtrade3august2012_zps358b1f85.gif

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/10september2012_zps72c544c6.gif

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/19september2012_zpsaca6fa66.gif

 

Except practical SL hunting!

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/practicalstophunting_zps18bcb560.gif

[⭐ Kardel Sharpeye]

Nice share major!

 

and moved where it should be ...