Hi Tony, Congratulations you seem to be doing great! Can I ask... what do you mean in the above quote? Regards, Dan

Central Banks & Big Players

Hi bez, No it's not my first loss trading this way but it is my first loss since starting this journal. It's been good going so far with this strategy - it's not a 90% win ratio (in the long run) but it's probably around 70% if you pick the best ...

DanUK's Intraday Experiment

Closed at breakeven.

Trend Trading Chart Thread

Trade No 10 - EUR/USD — Ok - I sold this nice little pin bar on EUR/USD this morning. It wasn't perfect as I would have liked a lower close but I liked the location - resistance from 1.2550 and S1. I was planning to move to BE on 1:1 at ...

DanUK's Intraday Experiment

Hi JoelD, Congratulations on your trade! Targeting the next level of support or resistance is also a good way to trade this method. I use Oanda's profit calculator tool on their website to determine my position size - if that's what you mean? ...

DanUK's Intraday Experiment

Actually I did almost move my stop to BE on this. I'm glad I didn't though. Price came to 111.57 - my 1:1 was at 111.56 so it only missed by 1 pip. I did debate it for a little while but as it hadn't actually turned on support I decided to let it ...

DanUK's Intraday Experiment

Trade No 9 - EUR/JPY — Yes I would add EUR/JPY works well... speaking of which; this one should be self-explanatory... +4% for today.

DanUK's Intraday Experiment

Nice!

DanUK's Intraday Experiment

Hi guys, Bit busy at work today but will post later when I'm free... just thought I'd add that I am in short too on EUR/GBP under the lovely H4 pin that developed off 0.8400 this morning. Regards, Dan

Trend Trading Chart Thread

Thank you for the compliment!

DanUK's Intraday Experiment

That's the way to do it! Congratulations on your profitable trade... now all you need to do is "rinse and repeat" as they say! Actually I meant to say earlier this is my favourite type of setup... because you are with the immediate trend; price ...

DanUK's Intraday Experiment

Hi Mark, Nice trades Yes I would have interpreted that as a buying climax and I very nearly traded it but I wasn't too keen on the way the next bar closed... if it had closed lower I would have been in on it too. Funnily enough I also ...

DanUK's Intraday Experiment

Hi Coolshades, I didn't take the following bearish pin because it was in no mans land! If it had gone up to 112.50 and formed I would have taken it. I did also want to take that pin on the euro but it closed above 2700 which put me off! As it turned ...

DanUK's Intraday Experiment

Trade No 8 - EUR/JPY — I then took the pin bar that formed off of 112... I was a little uneasy about it - I would have preferred it to close up; but it looked like it was worth a trade... came out at breakeven.

DanUK's Intraday Experiment

Trade No 7 - EUR/JPY — Hi Coolshades, Don't know about zillions but I did make a few off of EUR/JPY... mine was actually a bearish pin off of 112.50... traded down to 112.061 for 4% gain. Regards, Dan

DanUK's Intraday Experiment

Hi bez, I am in now at 1.2660 Regards, Dan

Trend Trading Chart Thread

Hi bez, Good luck! I have a pending short but it has not triggered yet. Regards, Dan

Trend Trading Chart Thread

Unless I've got my times wrong... you win again Perhaps you should be selling signals too! Seriously though... WTF that hit your target and reversed within about two pips!! Go on then... one more time; do it again! (I'm just ...

Jacko's Forex House of Pleasure and Pain

Nice trade! Crazy R:R though! Do it again!

Jacko's Forex House of Pleasure and Pain

Trade No 6 - EUR/JPY — Hi bez, Nothing really caught my eye the past couple of days. I did have a little trade off of a very nice looking pin on EUR/JPY today. It was countertrend so I decided to be cautious and close the trade at the first ...

DanUK's Intraday Experiment