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
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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!
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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
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Trading in a direction of
an overall trend
Buy example
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Trading in a direction of
an overall trend
Sell example
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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
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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
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