Best night of trading this system so far (Sydney time that is). Set ups all over the place and I took over a 100 pips each on both long gbpjpy and short audusd trades using 1hr charts. Looking at other charts there must have been at least 6 or more ...

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gu trades — all the gu trades were in my opinion quite lucky - news driven and not due to technical factors, i took a punt on gj and made a few pips but was quite aware that it could have easily gone the other way

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early days for a long gu.

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When I wrote that I cut my trade at 15 pips I didn't realise that anyone reading that would assume I had lost 15 pips. I was actually up 15. Wise words all the same Toecutter although it is an interesting call sign.

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gbpjpy — i took a short on the yellow bar line - took a bit of heat and cut my trade at 15 pips by 90% and tightened my stop with the remainder. I seem to be fatally attracted to this pair much to my chagrin.

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it was a win and the chart going crazy didn't affect the trade, i had a trailing stop which was eventually taken out, ended up making just on 40 pips so i was happy

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it was live and with Axi, preparing to ditch them and go back to Go

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my chart went crazy as well

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i'm happy it worked out, bought at 15.9 and took 35 pips on 90% of position and moved sl to be for remainder - see what happens

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eurusd — anyone else take a long off the 1hr chart

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Budget being delivered in Aust in 3 hours, not too sure what influence it will have but I would keep a careful eye on any aud positions.

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Babnz what direction r u looking for? On my charts I can't see any legitimate set up either way,

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The euro could be a long but i wouldn't take it as the downward trend is so strong. Counter trend trades are pretty hard to play.

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GBPUSD — I didn't think the news was out until 15 minutes but the dollar is showing big time strength

Flag trading the trend

I personally can't see an up trade forming. If the previous high had been lower than the previous high I would have taken a short flag trade

Flag trading the trend

It's a good question but for me I still rely on the trend and try and avoid counter trend trades where possible. 123's are everywhere - a bit like when you buy a new car and you seem them everywhere as soon as you start driving it.

Flag trading the trend

Yo're probably just a tad more analytical than I am ie I sometimes think close enough is good enough when I see a setup like that.

Flag trading the trend

GBPUSD — This was a very good trade for me, 2 cases of support turned into resistance with a lower low and a classic flag trade

Flag trading the trend

I assume the webinar is 7pm EST and a link will be provided closer to the time.

Flag trading the trend

Hi D, with those pairs u are thinking of adding have you done any back testing on them to determine their suitability?

Flag trading the trend