Trendline trading by Admiral Markets Trading Camp
Contents About the Author Strategy Description Trade in a direction of an overall trend Trading the BreakOuts
www.admiralmarkets.com
3 4 6 8
© Admiral Markets 2013
About the Author Nenad Kerkez is a full time trader and dedicated Analyst, well known for numerous websites for Forex trading as Tarantula. His Forex blog thread has gained over two million visits which currently puts Nenad’s thread on the top 3 most visited topics. Nenad has been a professional trader for numerous years and his simple strategies will help you in establishing your own trading career.
www.admiralmarkets.com
© Admiral Markets 2013
Trendline trading The trader can use which ever time frame he likes, and which ever trading pair he choose. This is a universal trading methodology which works anytime anywhere:
We have found 2 bottoms on the chart! www.admiralmarkets.com
© Admiral Markets 2013
There are few ways to trade Trendlines: 1. Trade in a direction of an overall trend 2. Trade on a Break Out of a Trendline
www.admiralmarkets.com
© Admiral Markets 2013
Trading in a direction of an overall trend
Buy example www.admiralmarkets.com
© Admiral Markets 2013
Trading in a direction of an overall trend
Sell example www.admiralmarkets.com
© Admiral Markets 2013
Trading the BreakOuts BreakOuts happen when TrendLine collapse and price pierce through it. On many occasions its a false breakout but it's worth trading it since in many cases its a beginning of a new trend in the markets.
SELL BreakOut example www.admiralmarkets.com
© Admiral Markets 2013
Trading the BreakOuts
Buy Breakout example Advice: Sl , Tp on this type of trading is not fixed, its a trader’s choice to set them by its own Money Management. It would be good if he could use strong support and resistance levels for them.
www.admiralmarkets.com
© Admiral Markets 2013
© Admiral Markets 2013 www.admiralmarkets.com
[email protected]