jpy rocks my day — Hi Guys, wow JPY has rocked my boat today! Phew - not trading till next week I have just "upgraded" my bank with "bigger spread" and wack goes the Jpy... Here are the trades, each at 50% of my % stake: EJ: entry on ...

Trend Trading All Pairs

Hi Custos, I agree, I have also marked a potential spike thru to the fib61 and 1.2750... All depending on the fundamentals impacting too with currency save attempts - I share with you the views of a respected economist in UK "Intraday Market ...

Trend Trading All Pairs

[quote=MktScape;3738595] Exactly, I like to watch the PA approach the "Area of Confluence" - if too fast, its an opportunity that I will pass by. I don't want the PA to rush onto these levels, it creates another element of risk. I found that most of ...

Trend Trading All Pairs

stop losses — Hola, lets start a discussion on stop loss (SL) - something that I find a challenge too. Firstly money management: never more than X% of account at any time in the market, if risk is off on trade 1, then may enter a 2nd trade OR ...

Trend Trading All Pairs

Review GJ — Just looking at some levels and doing a bit of back testing I base my entries on confluence of: Fibo - 61, 50, 38 RN S/R Level TL sometimes, depending I attempt a more aggressive entry other times, when in doubt, I will still stick ...

Trend Trading All Pairs

I agree on the speedy PA towards that S/R level - I like the PA to be speeding in the direction of the trend and the corrections/retraces to be slower... No point in risking against speedy PA - hence my limit order "constraint", if I cannot see the ...

Trend Trading All Pairs

Hi Custos and others, I have been watching with intent to see your response the MktScapes question - thanks for your explanation. I am working on putting my Limit orders in, you gave me a great idea, smaller stakes, bigger stops and then start ...

Trend Trading All Pairs

Hola — HOla Debooooo, Good to see you back... Enjoy the ride...

Daily Cable Vision

Ok now for the trade details - a bit of "after the fact", but here goes: EJ Sell @ 114.90 SL @ 115.30 (just above my 61%fib), trailed the stop @ 100pips, trade now complete +240.

Trend Trading All Pairs

Got it second time round... Trade now at BE - unfortunately already closed my trading platform as little people now demand evening routine... Not with the volatility as it was today, then I prefer to have a close eye on things, else I like to place ...

Trend Trading All Pairs

eur/jpy — Hi All, phew - just missed the EJ trade I have been stalking most of this day - confluence @ 61fib, TL, S/R... That also happens... Maybe I will get another entry a little later, will see....

Trend Trading All Pairs

Yes MT4, I dont know maybe there is a faster way. I just put the chart to manual scroll, go back 1 month or so and start moving the chart bar by bar (click mouse and slowly move mouse to left, then bars start rolling in) to the left of my screen and ...

Trend Trading All Pairs

Hi MrktScape, I have a bit of a "data history" I guess as in my previous role I was more than involved in Data Warehousing/Business Intelligence where you look for business related & valued trends in data. Unfortunately I cannot give an opinion on ...

Trend Trading All Pairs

I find that with the broader spectrum of charts to analyze, I get a better view of i.e. GBP strenght / weakness and opportunities on the Day TF takes a few days to develop, allowing me sufficient time to "measure twice and cut once" so to speak; ...

No Brainer Trades

Hi Mashwedy, definitely agree - I find the 5min charts a bit of a pshyc game too. I trade longer TF's, i.e Day/4hr and 4hr/1hr (always with the D/W trend) - sometimes I will enter either of the said combinations off a 15min TF if I can see a really ...

No Brainer Trades

More Mushwedu; just a question: which TF's do you trade? You mentioned in an earlier posting that you trade smaller and larger TF's, do you apply the same strategy or different one's? appreciate your clarification - I like your method of "trailing ...

No Brainer Trades

About the backtesting, not sure how that program works. But normally you can only backtest systems that are based on indicators and not on PA (except you are one of a kind programmer who can program PA and S/R levels as well). And from my experience ...

Trend Trading All Pairs

GBP/CAD — Hola, looks like GBP/CAD could break out of its triangle on Day, looking for entry on 15mins... BPC on the retest of 14900 Lets see what develops... GBP/CHF also working itself into a triangle setup... Edit: Caution on Red News for ...

Trend Trading All Pairs

Hi MktScape and Others I agree, we need to post regularly to keep it alive... Other threads have also gone down in activity levels, but still continue to ride the continuation wave. However, I dont post all my trades / potential setups as I found ...

Trend Trading All Pairs

Hey A5, yeah - good entry indeed... Well done, lets watch this free ride - I know have 200pips locked in... Cheers

Trend Trading All Pairs