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DanUK replied Jul 20, 2010Yep... -1 (long) this morning... waiting for NY now!
Central Banks & Big Players
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DanUK replied Jul 19, 2010Ok, so you're not short according to Tony's original rules is what I was getting at. Actually I am short too (or was... trade closed +2)... but only by accident; the first 5 second bar on NY open was up so that's a buy signal.
Central Banks & Big Players
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DanUK replied Jul 19, 2010Hi PipsRus, Maybe too greedy! But you have to be in business lol! I think it's probably a case of finding what works best for you. However, before you do change the system - how long have you traded this way? If you are new to it (like I am) then ...
Central Banks & Big Players
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DanUK replied Jul 19, 2010You should be able to tell from my last chart that I have lightening quick reactions and therefore it is of no concern to me!
Seriously though, I reopen the order box straight away and set to "modify" then enter in stoploss to breakeven so as ...Central Banks & Big Players
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DanUK replied Jul 19, 2010I am but it should have been a long. How come you are on the bear side?
Central Banks & Big Players
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DanUK replied Jul 19, 2010Yeah... I mean imagine if I had done that this morning and missed out on that move!!!

Central Banks & Big Players
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DanUK replied Jul 19, 2010Sh** you're right - I was looking at the wrong candle! That could have been a costly mistake!!!
Central Banks & Big Players
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DanUK replied Jul 19, 2010Short time frames take a bit of getting used too! I nearly buggered up this one but I am in for the moment... 0SL already.
Central Banks & Big Players
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DanUK replied Jul 19, 2010Central Banks... Trade 2 — Guys, as you will know (I saw you there!) the Central Banks system had another cracking trade this morning. I was aiming for 1.3000 but I chickened out for 100 pips instead! I decided over the weekend that I am ...
DanUK's Intraday Experiment
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DanUK replied Jul 19, 2010Well I chickened out... I was aiming for 1.3000 but I had to pull it for +100 pips (watch it hit 1.3000 in seconds now)! Beautiful trade though, thanks Tony! Dan
Central Banks & Big Players
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DanUK replied Jul 19, 2010I love getting to breakeven "0SL" so quickly!
Central Banks & Big Players
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DanUK replied Jul 18, 2010I do like the location and Friday's candle was definitely very bearish but I don't think I will take it... if it had formed a bearish outside bar rather than just a big down bar I would definitely be in but I think I'll sit out for now. Keep us ...
Trend Trading Chart Thread
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DanUK replied Jul 18, 2010Not yet - I want to see how we open before placing a trade but all things being normal I think I will place a short below it. As I mentioned before "technically" it is against the current up move I think it's worth a shot because of the location. I ...
Trend Trading Chart Thread
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DanUK replied Jul 17, 2010Case in point... EUR/USD - whilst it's not the most attractive pin bar I've ever seen it comes right off of 1.3000, a major level that could push price back down to 1.2500. Strictly speaking it is against the current trend but it's worth taking note ...
Trend Trading Chart Thread
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DanUK replied Jul 17, 2010I don't think they are neccessarily... you just have to look in the right places. However, I did once say that you are less likely to see regular 50% retraces watching daily charts which is why I use horizontal s/r levels as a core part of the ...
Trend Trading Chart Thread
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DanUK replied Jul 17, 2010Hi Paulus, I would just like to reiterate what lovejoy80 said - I believe NY open (although I didn't trade it because I was already in the London trade) would have been a "0SL"/breakeven trade. Regards, Dan
Central Banks & Big Players