End of Week Analysis — Hi guys, There has not been a great many chances to trade this last week but I believe next week will see some reasonable action so be sure to pay attention! Here is my thoughts on this week's price action... But please ...

DanUK's Advanced Trend Trading Strategy

Yep! Don't feel too bad I've done it before. Normally whilst I've been messing around trying out different ideas and strategies! Not paying proper attention to my trading and as a result I've dipped out. It makes you pay attention next time though ...

DanUK's Advanced Trend Trading Strategy

Yes definitely... a great setup

DanUK's Advanced Trend Trading Strategy

Hi decades, Yes I don't see why not... pretty much anything with a chart and reasonable liquidity should work fine! Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi shiko, A bullish engulfing or outside bar can be seen here: url the entry is on the break of the high of the setup bar and the stop loss would go below the low. The reverse is true for a bearish engulfing or outside bar (which can be seen here: ...

DanUK's Advanced Trend Trading Strategy

Hi packhorse, Always good to see another UK trader here! Look forward to more of your input my man. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi bez, No, the BUOB didn't trigger... interestingly though the past two days have setup a couple of inside bars off of that BUOB. A move upwards might still happen but given the state of the Euro against other currencies at the moment I don't think ...

DanUK's Advanced Trend Trading Strategy

Hi rac, No I didn't really read anything. I've had a skim through a couple of PDFs but I felt that getting involved and trying to trade would be a better use of my time. Once I had learned the basics of technical analysis (and I already had some ...

DanUK's Advanced Trend Trading Strategy

Hi IliaM, Yeah we are still around! Although we tend to hang around over here now: url Good to see you're back! Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

Hi Adrian, I prefer to keep things simple... my stop would be below the low of the setup bar (under 1.3650). The reason being is I see that as the point at which the setup becomes invalid (which is not to say the trend is invalid, just that ...

DanUK's Advanced Trend Trading Strategy

Hi shiko, I rarely visit this thread anymore since I learned about the whole Jacko scam thing but just wanted to reply as you mentioned me. I am not going to get into a conversation or argument with anyone about whether or not this strategy works or ...

Jacko's Forex House of Pleasure and Pain

Hi bez, Good calls there. I particularly like the look of the EUR/CAD BUOB - it's one I will be taking. Enjoy your weekend! Regards, Dan

DanUK's Advanced Trend Trading Strategy

End of Week Analysis — Hi guys, Yes I think things have been quiet lately but that is ok... patience waiting for the right setup is a very, very important part of this trading strategy. I anticipate some possible trend changes ahead and as ...

DanUK's Advanced Trend Trading Strategy

Hi Jo, I will wait for the hammer to complete and then place an order beyond the high of the day (and this is normally about 10 pips or so). Hope that helps. Regards, Dan PS... The opposite (short signal) is a shooting star - I don't trade the ...

DanUK's Advanced Trend Trading Strategy

I was looking at my charts this morning and it made me think I should elaborate a little on this... My general approach is to move my stop to breakeven at one of the points I mention here: url however there are times when I do not move my stop. ...

DanUK's Advanced Trend Trading Strategy

Hi, This is my general approach: url Regards, Dan

DanUK's Advanced Trend Trading Strategy

Glad I could help! I like this post... the key points that bez mentions... Patience - so important, I know it's cliché but it really is vital to learn to weight for the right opportunity. Not having a position is a position! Learning to deal with ...

DanUK's Advanced Trend Trading Strategy

Hi PipRiderFX, Answers as follows: 1. I do use the higher highs/lows and lower lows/highs analysis on the daily charts to guage the trend however I do it in conjunction with the "key" support and resistance levels that I have mentioned in the past. ...

DanUK's Advanced Trend Trading Strategy

Hello again, I haven't gone into too much detail about breakouts yet because I feel the importance of grasping the method and simple entries with candlestick patterns (or "PA") is the best way to learn with my approach. For breakouts I tend to use ...

DanUK's Advanced Trend Trading Strategy

Hi, I'm glad I've been able to help - I get the odd message of thanks now and then and I do feel that I have achieved something greater than just making money when I've been able to help someone out! I hope I will be able to continue to help... even ...

DanUK's Advanced Trend Trading Strategy