Gold .... Weekly trend is up, all major central banks are simultaneously making dovish remarks: image Daily has pulled back to support, but the fundamental reason for the weekly trend hasn't changed: image 4H chart shows a bunch of inside bars, ...

Advanced TST

One thing the red lines all have in common, is that they were all added to the chart with the benefit of hindsight. I don't believe for a minute that the pullback happened after you drew the line - I believe the line was drawn after the pullback ...

Beginning and end of a trend

EUR/GBP has been trending higher on the weekly chart: image The trend is caused by a few things: - Increasing threat of Brexit - ECB implying that more easing may not be needed - BOE pulling back from it's previous hawkish position, downgrading ...

Advanced TST

If you are only studying the technical aspects of a trend, I don't think you'll ever know what it is doing until after it has done it. A genuine trend is simply the technical manifestation of a fundamental shift in the value of a currency .... if ...

Beginning and end of a trend

Both, but it depends on the strategy and where the trader is achieving his edge. If the trader is a quant freak trying to gain an advantage through superior technical studies, that is more important. If the trader has a genuine interest in ...

Help with dissertation

I like that quote, out of complexity find simplicity. It kind of describes what I've been trying to do in trading for a long time - boiling down a lot of information and techniques into their most simple common denominators. 'Trade with the trend' ...

The Big secret to trading success

James16 Chart thread was started in 2005 and has consistently been the most popular strategy thread here, although a lot of activity has shifted to a private website url Sonic R has been going strong since 2008: url Strat's long term stress free ...

Longest running trading-system threads with OP still active?

I'm using Oanda ...

Advanced TST

German Bund (DE10YBEUR) has been trending higher on the weekly chart: image On the daily chart, price has pulled back to the 50-day ema, which it has respected before: image But ECB is still printing money, indicating more strength in the Bund. ...

Advanced TST

Copper and wheat both broke out of their ranges to the upside, rather than the downside, so I cancelled the sell orders. image image

Advanced TST

Thanks C. The biggest problem with technical trend following is that when price starts moving against the trend you never know if you are looking at a short term correction or a reversal of the trend ...... but if you are aware of the fundamentals ...

Advanced TST

Wheat is clearly trending lower on the weekly chart: image The daily chart shows a pullback, to a level of recent resistance: image But COT shows that the big players are still in sell mode: image Now on the 4H chart I see some inside bars ...

Advanced TST

I think the big secret to trading, is that there is no big secret. There is just a handful of simple, commonsense rules which have been around forever and keep getting repeated over and over: Don't bet against central banks and big players. Trade ...

Advanced TST

Cheers Ja ..... as you know i have done OK for the last two or three years, but gave a lot of money back in the first two months of this year. After going over all my trades with a fine tooth comb trying to find where I had gone wrong, I walked away ...

Advanced TST

From there I drop to the 4H and look for a series of inside bars, or sideways consolidation pattern. I place an entry order at the bottom of that range, and S/L at the top of it: image So my order only gets filled if price breaks out of its range ...

Advanced TST

First example - copper. Weekly chart is clearly showing a long term downtrend: image Daily chart has pulled back, to the 50 & 20 EMAs: image But COT shows large speculators still selling, making the downtrend more likely than not to continue. ...

Advanced TST

I thought you guys drank your beer warm? video

What kind of music you hear while you trade?

Analyze each currency individually before you decide to buy or sell it; don't try to analyze "pairs" of currencies.

What is the most important piece of advice you've received?

Hi Rayner Congratulations on the little one. Enjoy your children while they are young. Gold might have flipped to the upside here .... with virtually every central bank either cutting rates or rapidly backtracking from hikes, an uptrend in gold is ...

Trend Trading System