Hi Coolshades, Yes I believe so! It's too early to say that the trend has changed but technically speaking the old trend has ended and I think there are some good signs that things could head up. As you know I have a long trade on GU and I am ...

Trend Trading Chart Thread

Hi guys, No trades for me today. I did see this one setup that I considered... EU selling climax followed by a move back up... could have been a buy for a very nice profit but I didn't take it because it didn't actually push down into R1 which I ...

DanUK's Intraday Experiment

This is a good start. I like it - nice and simple; very similar to how I do it in fact. Any other takers? PS... I like your user title bez!

Trend Trading Chart Thread

Hi, That's ok - I am mainly posting in this thread and just using the journal for results (although I haven't posted them yet... I am going to post my six month results later on this week on my journal). Regarding trendlines... I was actually hoping ...

Trend Trading Chart Thread

Question? — Hi guys, In the spirit of sharing and learning I thought we might have a little discussion about trendlines. How do you draw your trendlines? Do you use a certain number of hits? A certain type of candle to draw from? Is time a ...

Trend Trading Chart Thread

Hello and welcome! Look forward to your analysis. I have looked into using COT data in the past and it seems to be quite good. I'm not much of a fundamental trader but would be happy to hear more about your "macro fundamentals" approach. Regards, ...

Trend Trading Chart Thread

Hi Coolshades, No I didn't. Reason being that it was before London open. Good trade if anyone took it though! Regards, Dan

DanUK's Intraday Experiment

Hi bez, Did you take the trade? If so, did it work out for you? On my feed S2 is 1.51099 so there was no trade for me. Regards, Dan

DanUK's Intraday Experiment

Hi, Well it's an addition really. When I started to do this type of trading it was based on Acumen's Pivots/Trendlines etc thread - I was looking at trading candlestick patterns off of pivot levels, round numbers, intraday trendlines and fib ...

DanUK's Intraday Experiment

Hi Pip, It's quite a basic system really... I am looking for price action (pin bars, engulfing bars etc) and/or VSA type setups at intraday levels (pivots, round numbers etc). I use "FXI Pivots" indicator which you should be able to download from ...

DanUK's Intraday Experiment

Trade No 5 - EUR/USD — Today is a US bank holiday so I probably shouldn't have bothered trading however before I actually realised this I took this little one this morning... EUR/USD buying climax into the daily pivot and 1.2550 psych level ...

DanUK's Intraday Experiment

Sorry... but I loved your first question; it's ok though - I have a disturbing answer for you! There is no one size fits all answer here. Some people use fundamentals or COT data to qualify a trend. Personally I use a combination of technical ...

Trend Trading Chart Thread

Quick FYI... as it's NFP day today I would not recommend any intraday trading, so I am done for the week. A good start to the journal... first week had four trades, one breakeven and three winners for about 12% gain. Hopefully my luck will continue ...

DanUK's Intraday Experiment

Hi Supermatt, In the past I have looked at mid point levels but I've never really traded them... like you said - on a day when the previous day had a big move they might be worth looking at... I shall look into this further! Regards, Dan

DanUK's Intraday Experiment

Hi, EUR/GBP looks good for a short but with all the crazy market behaviour lately I am waiting for PA signal to get in! Regards, Dan

Trend Trading Chart Thread

Good, glad to hear you are not another salesmen. Fair enough if you don't want to teach people to trade but perhaps you could just answer this question... I would assume that Wisdomfx and your own "levels" are known by others as support and ...

Wed's Level

Perhaps they should just post here. This thread is where it started and as of it late it has just become a place to argue about whether or not Jacko is any good. Personally I don't have an opinion on the matter because I have not been part of the ...

Jacko's Forex House of Pleasure and Pain

I am now.

Trend Trading Chart Thread

There was also a very nice looking pin on G/U at around the same sort of time but I passed on that too as it wasn't actually piercing a pivot level or round number... it could have worked out for a 1:1 trade though if anyone did take it. Regards, Dan

DanUK's Intraday Experiment

Hi bez, I spotted that too and I did in fact place an order below that pin bar but it didn't get picked up so I deleted it... luckily! Ideally I want the next bar to break the pin for an entry and if it doesn't do it on the second bar at worst I ...

DanUK's Intraday Experiment