FX:GBPCAD   British Pound / Canadian Dollar
175 10 2
While GBPCAD             trading at the trendline , so far not breakout, at the same time holding the fib support. Very likely for a correction up from this area.... Perhaps Monday will be a "stop loss kick out" day.
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where is comming this Long term uptrend trendline from, can you put here bigger picture? thx
HiTech itaskar
here you go
itaskar HiTech
dont get me wrong but what on your picture is is a median line, median lines are lines determining slope in which is price moving, good tool for determining slope is pitchfork, shiff pitchfork, mod.pitchfork. Tredlines are below on picture
HiTech itaskar
well its just my own way I developed to draw trendlines
+1 Reply
itaskar HiTech
yep I understand, if it is profitable for you, go for it
HiTech itaskar
yes it works better than any other trendlines since it gives very early breakouts - change in the direction signals
itaskar HiTech
yesterday I have seen trading results on http://www.greedy-cherry.com/ ..was that your results? there was 34 trades!! in 1week with 70percent win ratio and -500pips. So if this guy is trading your system, this system is not working, there is terrible RR-primary thing in trading.
HiTech itaskar
I am running multiple systems simultaniously, most won't work, but it helps to filter and adjust... an ongoing work. You can follow open trades here https://www.zulutrade.com/trader/282061 and it will correspond with all trade setups on tradingview
+1 Reply
HiTech HiTech
changed it on the website as well
seems not yet :)
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