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DanUK replied Aug 15, 2010Thank you! Last night's celebrations were pretty crazy so I have a cracking hangover now! Will get back to the charts a little later though - before tonight's party starts!!
Trend Trading Chart Thread
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DanUK replied Aug 14, 2010Thank you! I've never really advocated taking counter-trend trades in the past because we were mostly talking about "touch trades" and in my own personal experience doing that counter-trend is going to destroy you unless you happen to be ...
Trend Trading Chart Thread
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DanUK replied Aug 13, 2010Cable selling — Hi guys, It's my birthday this weekend and the party begins now so I won't be around to post much but I just wanted to quickly mention Cable before I disappear into a drunken haze for the next 72 hours (long weekend!)... I love ...
Trend Trading Chart Thread
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DanUK replied Aug 13, 2010I didn't get a pin on my feed... but good luck anyway! Edit... just checked Oanda and there is a pin on that feed!
Trend Trading Chart Thread
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DanUK replied Aug 13, 2010Ah, well then you are an idiot!
Just kidding!!! USD/JPY daily pin has hit first target at 86.00, taken some profit and moved to breakeven, let's see if we get some more movement on this.Trend Trading Chart Thread
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DanUK replied Aug 12, 2010Why was it an idiotic trade? Surely you had reason to trade at that level... so long as it wasn't a guess then just because you took a loss does not make it idiotic. It just makes it a loss. Losses happen. I didn't see any warning to suggest that ...
Trend Trading Chart Thread
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DanUK replied Aug 12, 2010Hi bez, Slightly misinterpreted this one mate... but that's ok, it's just like learning a language; takes a little while to learn all the grammar! For a selling opportunity you would be looking for a red buying climax at a swing high followed by a ...
DanUK's Intraday Experiment
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DanUK replied Aug 12, 2010Hi bez, I will pop back later on when I have a bit more time... but as you probably know I've been using PA setups a lot more lately. For instance I am currently long off yesterday's USD/JPY daily pin...
Trend Trading Chart Thread
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DanUK replied Aug 11, 2010Yes you're right (well not about hawaii unfortunately!!) I think I will try to get back to some 15m trades. To be honest, ever since I started trading the Central Banks system I stopped with the 15m stuff... so I am thinking about ditching the ...
Trend Trading Chart Thread
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DanUK replied Aug 11, 2010Did you do this manually by looking at 5 second charts?
Central Banks & Big Players
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DanUK replied Aug 11, 2010Slippage is also a major issue that needs to be factored in... both with entries and stop loss. I still think this system has potential but I would caution against high % risk positions as sustained periods of drawdown is very likely and the account ...
Central Banks & Big Players
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DanUK replied Aug 11, 2010Ah I see! Just out of interest take a look at GU weekly chart - currently forms a bearish engulfing candle off of 1.6000 if the week finishes like that I might think about selling!
Trend Trading Chart Thread
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DanUK replied Aug 11, 2010Yeah 1.3000 was a touch trade - I had already used it as an entry but it seems to have broken quite well! Considerable selling of the Euro at the moment... could this be a trend change or just summer ranging???
Trend Trading Chart Thread
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DanUK replied Aug 11, 2010Trendy thoughts... looking for G/U to trade at 1.5500 (long). EU might be a good entry at 1.3000 for those looking to get long?
Trend Trading Chart Thread
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DanUK replied Aug 11, 2010Funnily enough I will be missing today's NY entry too... due to a contract meeting I will be attending. Did last week's winning trades actually hit (at least) 100 pips? I monitored as much as I could and was under the impression that they all came ...
Central Banks & Big Players
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DanUK replied Aug 11, 2010I hope so. Although I must admit to having some doubts. If I didn't start off with a couple of wins I would probably be having some serious doubts. Time will tell.
Central Banks & Big Players
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DanUK replied Aug 11, 2010Didn't manage to get to BE this morning -3 for me
Central Banks & Big Players