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Trendline Trading: by Admiral Markets Trading Camp

Trend Line

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Kiran Krishna
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129 views

Trendline Trading: by Admiral Markets Trading Camp

Trend Line

Uploaded by

Kiran Krishna
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Trendline trading

by Admiral Markets Trading Camp


Contents

About the Author 3


Strategy Description 4
Trade in a direction of an overall trend 6
Trading the BreakOuts 8

www.admiralmarkets.com © 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
camp@admiralmarkets.com

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