Tuesday, May 7, 2013

forex trend line strategy

forex trend line strategy


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re: my forex trend line strategy that works from: kelvin lee of forexindicator.org


finally you hear an alarm from your platform telling you that your stop loss is triggered . to make things worse, the price moves back up in the direction you have entered your trade earlier on and you start to ask why don't you set your stop loss further away.

the problem lies in your entry all the indicators may be showing you that an upward movement is coming and you have a trend line break but

are you drawing the correct trend line?


this did not just happen once and in fact it happened so many times that i started to think that the market was trying to go against me.

it took me quite sometime to know why i am always at the wrong side of the market and things started to change for the better after that.

one of the reasons i am always on the wrong side of the market is because of the trend line i am drawing . Most people think that trend line drawing is very simple and therefore do not pay much attention to it. in fact, do you know ......Read More detail



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