Good Day Traders waiting for good action today in GU and UJ let's see what london has to offer

Pip Guru Trendline (PGT) System

I usually enter at first line do not want to miss out the trade, i have min 1:1 risk reward for the trade and i am always aware of horizontal lines

Pip Guru Trendline (PGT) System

In the first picture both the trend-lines are not valid anymore as there has been a break.You can keep the trendline as a guideline so price might retrace back to that trendline to initiate short trade. But after london close i will stay away. In ...

Pip Guru Trendline (PGT) System

Example of EU Trade Happened today, Note how horizontal areas helped to locate the target points. A Perfect "PGT Trade" image

Pip Guru Trendline (PGT) System

There is no strict rules to the system.. but do not take the days price action in to picture. As we are using past data to predict future results. Two days data or even 4 days trend-line break gives stronger signal that's all.

Pip Guru Trendline (PGT) System

Time has answered your question a great trade.. But entry is gone now. Always use bar charts to see pictures clearly

Pip Guru Trendline (PGT) System

Nice AU break on upside. Signals Updated.

Pip Guru Trendline (PGT) System

One should always be aware where the price might go after breakout with the help of horizontal line (support and resistance lines in 1 hr, 4h and daily charts).

Pip Guru Trendline (PGT) System

Attached chart clearly shows the break is still valid and there was a retracement way below the trendline but it obeyed the recent support. You should be in the trade i guess. Always move the trade to BE after 20 pips. image

Pip Guru Trendline (PGT) System

The 1 hr bar should break the trendline and close above it and next bar or subsequent bar should retrace back to the trendline to initiate the trade in that direction. Always stop loss can be 30 - 50 pips... TP can be to the significant line.

Pip Guru Trendline (PGT) System

GU looks promising for the day for a downside trade.. Let's see what happens.

Pip Guru Trendline (PGT) System

Always remember when you are trading for the day your trend lines should end a day before. You should not include the days action in the trendline. That is the concept. At least 2 days of prior data for 1 hr trend line.

Pip Guru Trendline (PGT) System

It is actually breakout retrace system.Trade happens both ways, yesterdays trade in AU was with the trend.

Pip Guru Trendline (PGT) System

it already reached BE and then retraced.. you should be alert to move the trade..

Pip Guru Trendline (PGT) System

AU trade that was taken today image

Pip Guru Trendline (PGT) System

AU trade is on you can lock the trade to BE, Eu trade you can exit at BE there is dead movement in the pair and after the end of London session it is wise to stay out. It can go down but safe trading is best. (Live setup page)

Pip Guru Trendline (PGT) System

If i am correct the price reached max 2928 still two pips away from my entry. if you measure the opening of the next bar if there was a trendline touch it could have been 2932 or so.. but it did not. days high is 2943 so entry at 2930 would be a ...

Pip Guru Trendline (PGT) System

Yes mate i do trade in asian sesssion, for AU and UJ usually 2 to 3 hours before london open. EU and GU @ London. But there are exceptions as today is holiday.. EU has already made a trendline break so we are waiting for retracement at the moment.

Pip Guru Trendline (PGT) System

Today is a holiday, but if there is a clear signal there is no harm in taking it. I am a intraday trader i usually use 1 hr to take the trade 4hr and daily are just to gauge the sentiment. 4hr and daily trendline breaks need varying stop loss. Since ...

Pip Guru Trendline (PGT) System

There is a trendline break on EU, Setup updated here

Pip Guru Trendline (PGT) System