Good question. I'm still working on a re-entry method. If you take a trade, and it's with the trend, let it ride with the trend. If the trade is a counter trend trade, then take profit at your predetermined level. The signals that were given this ...

Weekly Trend Trading Method

Although audjpy, eurjpy, and nzdjpy gave valid signals tonite, I didn't place trades for these pairs because the signal candles were too long for me.

Weekly Trend Trading Method

Great analysis!!! — Great job lostfx. Here are the answers. Usdjpy - Correct no trade, but the signal lines don't have to be the same color(aggressive signal). Gbpjpy - Correct no trade, Except that signal lines can be different(aggressive ...

Weekly Trend Trading Method

Welcome — Hello lostfx and welcome to this thread. I'm glad you like this method. Give me a moment while I review your analysis.

Weekly Trend Trading Method

See ya later and get some sleep Kaaea. I'm tired also and have to get some sleep. Gotta go to work in the morning.

Weekly Trend Trading Method

Take profit — Please read post 20 and 22 on page 2 about target or take profit options. Eurusd is in an uptrend. Right now price is retracing, but we don't know for how long. The eurusd short trade that I took was a counter trend trade. So it ...

Weekly Trend Trading Method

If you take every signal without paying attention to the trend line channel and s&r levels, then one can lose more than they win. When you read my posts, you'll notice that I wait for valid signals, s&r levels to be broken, and weekly trend ...

Weekly Trend Trading Method

Hmmmmmmm — Look at these charts. Are these signals valid? If so, why? If not, why not? Also, would you take a trade on any of them? image image image image image

Weekly Trend Trading Method

Heads Up! — Now we have a valid signal on audusd. Although it's close to the lower trend line, I believe that there is enough momentum to the downside to push through the trend line. We'll see. image

Weekly Trend Trading Method

Glad to see that you're in profit, but you got to work on the patience.

Weekly Trend Trading Method

Thanks.

Weekly Trend Trading Method

Hello kaaea. I don't know anything about spread betting so I can't comment about the risk factor.

Weekly Trend Trading Method

Heads Up! — Eurgbp looks good on the daily chart. If it closes below the support level (.8996),I'm going short. image

Weekly Trend Trading Method

Can you post a chart of a set up that looks like too much risk so that I can comment on it.

Weekly Trend Trading Method

Thanks for this contribution. I don't know how to post a template.

Weekly Trend Trading Method

You're welcome. And I'd also like to say welcome to this thread. If you have any questions or comments, please feel free to post them.

Weekly Trend Trading Method

Yes. I have a fx account.

Weekly Trend Trading Method

Congrats on your first win with this method. Reference the aggressive entries, if your signal is on the daily chart, drop down to the 4hr chart and place your stop order at the high/low of the last 4hr candle of the daily signal candle. But make ...

Weekly Trend Trading Method

Trade updates. — Here are my trade results for this week's valid signals. Eurusd target was hit for 120 pips. Entry was 1.4854, and the target was 1.4734. Nzdusd target was hit for 107 pips. Entry was .7409, and the target was .7302. Gbpchf is ...

Weekly Trend Trading Method

You're welcome. If you'll just be patient, you will be rewarded. Let's see how far north it will go.

Weekly Trend Trading Method