Asi trendline strategy! - page 3

 

New Trade

Last trade ended with 100 pip profit on a few lot entries, and here is a short term sell trade with yet another few entries. 45 pips in already on each entry.

Closed trade for 40 pips on each entry.

Files:
t3_7.gif  38 kb
 

Latest trade!

Possible trade for the day, hopefully I have more time today to find some good trades.

Trading off 5 Min UJ and 15 Min charts this time.

Took a little long to find this good setup because many pairs didn't look like as predictable. But when found its found.

Closed for only 10 pips

Files:
t3_8.gif  42 kb
 

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James the Giant:
Possible trade for the day, hopefully I have more time today to find some good trades.

Trading off 5 Min UJ and 15 Min charts this time.

Took a little long to find this good setup because many pairs didn't look like as predictable. But when found its found.

Closed for only 10 pips

Why did you place a buy so late?

 

Great job!

remember to exit after the trendline break on the recent trend so you get the most pips

 
Pava:
Why did you place a buy so late?

Hey Pava, I just woke up a few mins before the trade so I got in when I did. Missed some pips there.

 

excelletn!

Hello my friends,

I got a great jump on the aus/nzd a couple hours ago, look how the asi really broke out the channels before the big move up! so far up 55pips great!

*update* asi broke the up TL shortly after and I tp at only 16pips, still not bad though, sorry no pics

FROM: Kinjaheed (forex-tsd member)

Files:
asi_before.jpg  129 kb
asi_during.jpg  137 kb
 
kinjaheed:
Hello James, here is a screen shot of today's trade. I waited for second "bump" on the asi TL this time, it's already in profit!

Nice trade Kinjaheed,

I just checked a live chart and looks like you made some nice pips there. The exit is easy, hardest part is just finding a good setup. Great trade!

 

Trade today, Gbp/JPY

Good upward indication- trading on 1 hr

Made 400 points on this trade- closed close to 11:30. Will post pic when i get back to my computer.

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t2_1.gif  44 kb
 

today's trade

Hello James,

here is a screen shot of today's trade. I waited for second "bump" on the asi TL this time, it's already in profit!

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Here is some information on ASI strategy:

http://www.fxwords.com/a/accumulative-swing-index-asi.html

http://www.investopedia.com/articles/technical/02/100702.asp

http://www.theleftanchor.com/2010/05/accumulative-swing-index-asi-oscillation-index-cumulative.html

 

What does everyone think of this thread? Some feedback would be nice. I will also be happy to help anyone on how to use trend lines to trade. Often people place dozens of trend lines thinking it will help, when really it is the same as placing a dozen indicators on your charts, making it impossible to place a single trade.

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