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    • DanUK replied Jul 8, 2010

      Hi JoelD, I have two trendlines, the major one (mentioned in the earlier post) is a resistance (sloping downward) trendline. The second is a developing support trendline... also note the 1.2500 level is important. I think this is potential ...

      Trend Trading Chart Thread
    • DanUK replied Jul 8, 2010

      Right then, back to trading... Hi CP, Nice work on U/C... looks like it is working out well for you. I am actually long A/U off of 0.8500 - PA assisted; I took the break of the bullish outside bar that formed on the 6th - 50% of the move and 0.8500 ...

      Trend Trading Chart Thread
    • DanUK replied Jul 8, 2010

      Hi guys, Thanks for your kind and amusing (FX Genius!) words. I'm glad to see there are still people interested in trend trading and in the spirit of learning and sharing I shall continue to contribute! Regards, Dan

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      Bez & Coolshades - thank you for participating in our trendline discussion. You were the only two takers which was a little surprising but it does show your commitment to winning which is a good thing. I've often wondered why we don't get more ...

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      Hi Bez, If it does (and it looks like it will) then you will need about a 400 pip stop loss so make sure you position yourself correctly. Also be aware of the potential trade stoppers as per the attached chart (however if they break these levels you ...

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      I should also add that I agree - 1.0500 is what I consider a "key" level and I will certainly be moving my stop to BE when we get there. Look for a very good PA signal here and we may be going long again... but I suspect (and this is only a feeling, ...

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      Hi, You're posting in the wrong place really - but as I'm a nice fella the answer is: google "metatrader" - I can't give you the link as it is a commercial product but it should be easy to find. Regards, Dan

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      Hello again, I personally prefer shorts on USD/CHF at the moment although if you have reason to think otherwise please post a chart as I am open to other ideas! EUR/GBP - I like short on this and I think 0.8375 is a perfectly good level to go from, ...

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      Hi Coolshades, I've decided to do a bit of H4 trading as well as daily. I was looking at my charts the other day and I thought it's silly to restrict myself to trading dailies only if there appears to be a good setup on H4 - I may as well trade it ...

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      That's good because that is exactly what I wanted to create here - a home to people who want to trend trade; similar to the way the J16 thread is a home to people who want to trade that way. Helping other traders to learn the method and also to ...

      Trend Trading Chart Thread
    • DanUK replied Jul 7, 2010

      Hi, I haven't traded U/C for some time as the daily trend has not been great... ranging more than anything. I decided to drop down to H4 to look for an entry and took a long off of 1.0500 yesterday - I'm looking for an initial target of 1.0675 and ...

      Trend Trading Chart Thread