All the indicators are aligned showing you that an upward movement is coming and best of all, you have a trend line break which is the typical entry according to most traders or trading books.
At this point, you decided to enter a LONG trade and happily click on the BUY button. Somehow, the market suddenly reverses and all you can do is sit and watch how the price slowly moves toward your stop loss.
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 Does Not Lie In Your Stop Loss
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
Common Problem Faced By Traders
The above is one frustrating problem that most traders face when they are trading. Without exception, I used to have the same problem when I first started trading a few years back.
When I see a trend line break, I will quickly enter a trade only to find the market starting to reverse after I have entered my position.
This is usually what happens after your entry
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.
So How Can You Overcome It
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
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.
I will be showing you how you can verify if a trend line break really does occur with the help of an indicator. In addition, you will learn how to draw the right trend line so that you will not enter a wrong trade again.
But There is Also Another Problem
The next problem that I usually had when I first started trading is that the market would suddenly reverse and take back all the profit I have accumulated in the trade. This makes me scratch my head wondering what has happened.
What I did not know at that time is the price has hit something called the 'Medium-Term Trend Line' or 'Long-Term Trend Line' and this is what most traders are unaware of.
See Them At Work!
Here is how you can overcome the Problems
Therefore in this book, I will be sharing with you how you can overcome these problems and make you a more profitable trader in the long run.
With the constant requests from my blog readers asking me to coach them in their trading, I have decided to share with you one of my trading strategies and it is written in this invaluable book.
What You Will Learn From This Book
Module 1 - fOREX Trend Line AnaLYSIS
In this module, you will learn the trick to drawing various types of forex trend line and I will show you exactly how to know whether the trend line break is a fake out or not. This can be very useful for your trading as it will help you to avoid unnecessary losses.
Module 2 - fOREX tREND lINE sTRATEGY
In this module, you will learn how to trade with those trend lines that you have drawn and I will show you exactly when to enter a trade, when to exit your trade with my deadly accurate price projection technique.
You will also learn how to identify good trading opportunity that can gives you high risk reward ratio.
Module 3 - tRADING eXAMPLES
In order to give you a better understanding of the forex trend line strategy, I have added 2 trading example on EURUSD pair so that you can see exactly how I trade this strategy and what are things that you should avoid and know exactly when you should take a trade
How to tell if the market is really going to reverse or it is simply a fake out
How to draw the most relevant trend line that can help you to know whether the trend line break is valid or not
The power of long-term and medium-term trend lines and how you can accurately draw them out on your chart
How to tell if it is not the right time to enter a trade to prevent a stop out
The exact time to enter and exit your position and why they are so deadly accurate
Exactly when you should exit your position before the market takes it all back
How I do my price projection for all my trades and see how deadly accurate they are
A reliable trading strategy for you to use
And the above barely scratches the surface of what's included in the book...
I'm going to walk you through step by step without reserve how I implement these techniques so that you can also perform them in your trading. You will be surprised by your own results.
Can You Make Money With This Book
As usual, reading this book
alone can't make you money. You need to learn the technique that is presented in
this book and then
put it into
practice on a demo account until you are able to generate consistent
profit from it before moving this strategy to a live account.
This book is in the form of an e-book so that you can immediately download and read it.
Download Your Copy of Forex Trend Line Strategy at Normal Retail $59.95 $47.00 today to help yourself create constant income through trading.
At $47.00, you just need one profitable trade with this strategy to make back the money. This is one book that can bring life and revitalization to your trading again.
No income guarantees or promises of any type are being made. Your results will vary due to circumstances that are outside of our control. While utmost care has been taken to endure that all information provided has been tested up to the time of writing, all websites, products and services mentioned are provided, as is, without warranty of any kind. The author does not warrant, guarantee or make any representations about the use or results of the use of the websites, product, services or resources in this book. The reader acknowledges that the content provided here is for informational purposes and that risk of business failure is based on the strategies and plans devised and executed by the readers themselves. The entire risk as to the results and performance of these websites, product and services are assumed by the reader. The reader thus agrees that the author and publisher are not responsible for the success or failure of readers’ business decisions relating to any information provided.
This covers all information in this book, and no further information provided within this book or through correspondence with the author or publisher on any platform is intended to supersede this disclaimer