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3 Trend Lines

The document describes a 3 stage trend line exit strategy using main, sub and exhausted trend lines to identify opportunities to exit trades near market tops or bottoms. It also discusses the author's approach to teaching trading strategies and money management.

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Luxury Palace
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37 views4 pages

3 Trend Lines

The document describes a 3 stage trend line exit strategy using main, sub and exhausted trend lines to identify opportunities to exit trades near market tops or bottoms. It also discusses the author's approach to teaching trading strategies and money management.

Uploaded by

Luxury Palace
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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3 Trend Lines http://www.21-trading-systems.com/exit15_kGc3DxzAq_l9oNi6cf4De2Sx...

1 of 4 3/11/2011 1:14 AM
3 Trend Lines http://www.21-trading-systems.com/exit15_kGc3DxzAq_l9oNi6cf4De2Sx...

For this exit strategy we are going to use the powerful “Trend Lines” but
this time in 3 stages. This is one of the best strategies for finding the
biggest percentage of most short-term market moves.

Stage 1: The Main Trend Line.


Stage 2: The Sub Trend Line.
Stage3: The Exhausted Trend Line.

Stage 1: The Main Trend Line.

The first part of this exit strategy is to identify a main Trend Line.

Stage 2: The Sub Trend Line.

The second part is a Sub Trend Line.

Stage3: The Exhausted Trend Line.

The third and final part of this strategy is the break of Exhausted Trend
Line. Most of the time markets make a last gasp in the direction of the
trend before starting a retracement.

This price action gives us the opportunity to exit the trade somewhere
near the market tops on long trades, or market bottoms on short trades.

2 of 4 3/11/2011 1:14 AM
3 Trend Lines http://www.21-trading-systems.com/exit15_kGc3DxzAq_l9oNi6cf4De2Sx...

When the Exhausted Trend Line is broken we might want to abandon


our rule of waiting for the close of 2 candles past the Trend Line as
confirmation, just in case the price reverses sharply.

end

My teaching style is a little back-to-front from that considered normal, as


the actual entry is the last part in my sequence of importance.

The Plan
Money Management
The Exit
The system

www.21-trading-systems.com is a complete trader`s guide.

You must remember a trading system is a component part of a trading


plan and by having a structured, short, medium and long-term plan in
place your chances of wealth building will greatly increase.

Warmest regards

David Curran & (21-Trading-Systems Team)


Helping people to understand how to trade

P.S. If you have any support issues with any of these 21-exit-strategies
please email them to Support@21-trading-systems.com

quoting reference {Exit _ _} number of the exit strategy.

We aim to answer all support enquiries within 24 hours

Disclaimer & Warning

All rights reserved.

Disclaimer
Forex Commodity Futures and Stock speculation is not without risk, please note that no method of trading is foolproof or
without difficulty. There is risk of loss trading any financial product. All the trading systems and trading methodologies
presented in this book are for traders educational purposes only and do not constitute investment advice. You must be
aware that there are risks in any type of trading.

The writer and publisher of this book is not a licensed financial advisor and no part of this document or associated
documents is to be construed as a recommendation to “buy” or “sell” any investment. The information given in this book was
researched as thoroughly as possible however the writer and publisher take no responsibility for any inaccuracy, omissions
or mistakes nor accepts liability as a result of actions arising from it. The reader/purchaser has no connection to the
writer/publisher in any way nor is he/she acting as an agent, representative or any other connected person. The
reader/publisher of this publication is urged to seek legal advice before entering into any contract and is responsible for
checking the legalities of any action undertaken by them.

Whilst every effort has been made to ensure the accuracy of the information in this book the author does not accept
responsibility and will not be held liable for any loss of profit or capital, directly or otherwise as a result of using the
information presented. The opinions expressed are those of the author who is acting in good faith in accordance with
extensive research.

3 of 4 3/11/2011 1:14 AM
3 Trend Lines http://www.21-trading-systems.com/exit15_kGc3DxzAq_l9oNi6cf4De2Sx...

Warning
No part of this material may be reproduced in any form whatsoever without written permission of the publisher. This book or
any part of the book may not be copied, resold, given away or reproduced and does not come with resell or reproduction
rights. Any such illegal action will be met with the appropriate legal action.

All rights reserved. First published in 2011

4 of 4 3/11/2011 1:14 AM

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