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- paulwales replied Jan 10, 2011
Hi Trzcinek. Nice trade, I wish you well with the 1.30000 holding for further downtrend and more pips. Could you tell me why you chose to enter at the cross instead of waiting for the MAs to seperate and strengthen the trend, or was it just a gut ...
Long Term Pips
- paulwales replied Jan 10, 2011
AUD/USD — This pair could be worth watching. Both weekly and daily trends are up. (Green T/L Weekly, Orange T/L Daily) Price is hovering around the daily blue S&R line and has had a look at 50% fib. In a few days time the MAs could cross ...
Long Term Pips
- paulwales replied Jan 10, 2011
EUR/USD — Looking at this pair. The weekly and daily trends are down (Green T/L Weekly, Orange T/L Daily) There was a fresh cross down the middle of last week. Price has broken through a daily Support over the last two days and the MAs are ...
Long Term Pips
- paulwales replied Jan 10, 2011
Parallel and Inverse Analysis — Hi Brenzaj42 Great thread, thanks for sharing your knowledge. I look forward to posting what I see develop and hearing your thoughts. When you are studying parallel and inverse analysis. How many pairs do you ...
Long Term Pips
- paulwales replied Jan 10, 2011
AUD/USD — AUD/USD Uptrending and retraced to 50% fib with daily support and round number at 0.9900. I would like to see an outside bar develop today/tomorrow and break north through 1.0030 to place a long. Again, not sure where stop would be. ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Jan 10, 2011
GBP/JPY — Hello again everyone. I am favouring the G/J for a short at the moment. Waiting to see if we have an inside bar at close of today and a break of fridays bar tomorrow. There is confluence at around 129.00 (nice round number) with ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Jan 5, 2011
Neo. Great analysis as always. I'm learning a lot from both yourself and Dan, in fact from all the contributors on this thread. I have started to log your views in writing, so I can refer to them and really understand what's going on with the ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 23, 2010
Hi Neo. Although I'm gutted about losing this E/J trade (if you remember we got in at about the same time, but had different S/L and mine was hit at -45) I am really pleased that you kept the trade because I can see what could have happened with ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 18, 2010
Hi Yogi.. Thanks for this. I have just checked them out and they look good. As long as I stick with the Major pairs, the spreads are quite good. But saying that, as we are looking for the big home runs a few pips here or there shouldn't matter. I ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 18, 2010
Thanks Neo. No major disaster, I am determined to get this right and losing will become part of that learning curve, as long as I manage my money correctly and listen to you guys to see where I went wrong. So thanks all for your feed back and good ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 17, 2010
Hi Dan. I'm gutted having seen where E/J has fallen. Due to my leverage I placed my stop just above the high of the day at 111.65. I guess it should have been 112.20 region. Never mind. That's why I'm here.....To learn. Not too much lost and we do ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 17, 2010
Got it. Thanks NP. That's made life a bit easier. Regards Paul
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 17, 2010
Uncle Gromit — Hi one and all. Thought I'd offer this to the thread. Hope this fits with Dans criteria. Shorter term trend line clearly broken. Longer term still valid. Sitting on key 0.7400 level. Resistance turned into support. Hi Paul. ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 17, 2010
E/J — Hi Paul, I hope you are using low leverage if you are using real money while you learn! I actually think it is good to trade with real money whilst you are learning but only if you are using very low leverage and can afford to lose the ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 16, 2010
EJ — Hi Mark. Dan favours S&R (Location) above anything else, especially at round numbers, so in hindsight I should have waited until a break through 111.00 (another 20 pips) His favoured Fib retracement is 50% as well. So for this particular ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 16, 2010
EUR/JPY I'm in SHORT at 111.20 I now need a strategy to get out ha ha, but I have set my SL. Regards
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 16, 2010
E/J — Good observation about the old trendline Windpip. I agree with entering after the break of yesterdays low. I would feel more confident then. Also as extra confirmation I have posted the Weekly chart below and it shows a few weeks ago ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 16, 2010
Anybody been watching this potential EJ setup on the D1 to go short? Hi Neo. As mentioned in my post (748) I have been keeping an eye on this pair. With the confirmation of a bearish reversal bar I am very tempted. I don't mind losing a few pips by ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 14, 2010
Thanks for all your feedback guys. It seems I am not too far away from seeing what you see. NP I will double check my trendlines. Dan I will keep an eye on the EUR/USD. CAD and JPY for candle formations and decide what to do whilst considering the ...
DanUK's Advanced Trend Trading Strategy
- paulwales replied Dec 14, 2010
UJ — Told you I was on a roll. I will stop now I promise. The USD/JPY is in a monthly and weekly downtrend. The green lines on my chart are weekly S&R and Trendlines. The puple trend line is daily. My observations are: Retraced and ...
DanUK's Advanced Trend Trading Strategy