Should post a chart really...

Trend Trading Chart Thread

Hi guys, Been a bit quiet on this thread lately (possibly my fault!) so I thought I would just drop in and say I have taken an experimental long on GBP/USD at 1.4950 today (100 pip stop). Regards, Dan

Trend Trading Chart Thread

Indy as requested... if you have a six digit broker be sure to set this to "true". It doesn't really clutter the screen... unless you're looking at H4+ charts! For intraday it works very well. You can set how many lines you want shown above/below ...

DanUK's Intraday Experiment

Well I reckon it was a nice little pin off a certain big round number... won't say anything more than that in case anyone else wants a go! You are right too that looking back over the charts even if you haven't been able to trade is good ...

DanUK's Intraday Experiment

Hi lovejoy80, Thanks! I think these can be graded slightly, in the way that PA setups are often graded in an A, B, C way. The best type of buying climax (in my opinion) is a bar that makes new highs, on very high volume and looks a lot like a ...

DanUK's Intraday Experiment

Hi bez, I have the levels plotted by an indicator so they are always on. You are right... I am looking for PA or Volume based setups at these levels; if they are inline with the intraday trend that is good, if not it has to be a very good looking ...

DanUK's Intraday Experiment

I tend to agree with this... I use fib retracements to get into trend moves and in my experience swings that are too large loose value. The question is how do you know when the swing is too large?

Minimum and Maximum swing sizes for applying Fibos??

Trade No 4 - GBP/USD — However GBP/USD has been kind to me today... Nice little pin bar off of 1.5050 (and almost the day pivot); went short below, moved to BE at 1.5019 and then closed for a 4% gain at 1.4998. I think I shall probably retire ...

DanUK's Intraday Experiment

Hi Coolshades, That would have been a nice trade... I missed that one too; would have been close to a 1:4 trade Regards, Dan

DanUK's Intraday Experiment

I think you need to catch up a little more The old notion of left to right trend analysis worked well pre 2008 crash when the market was moving in one direction for years... now you need to do a little more work to get the trend right... still ...

Jacko's Forex House of Pleasure and Pain

Trade No 3 - GBP/USD — GBP/USD this morning... buying climax into the daily pivot level (bar number 1) which was followed by a negative close below the pivot and below the 1.5050 psych level (bar number 2). My entry short was below bar number ...

DanUK's Intraday Experiment

Hi Coolshades, Yes I am still selling Euros... trying to sink this ship before it takes us down: url don't want to be part of the socialist experiment anymore!!!! Regards, Dan

Trend Trading Chart Thread

Lol! Well if that happens the astute amongst us will have the answer!

Wed's Level

Thank you! Feel free to join in whenever you like. Regards, Dan

DanUK's Intraday Experiment

Right chaps... I have finally gotten around to starting my new journal which can be found here: url Please feel free to continue posting/discussing the intraday setups in the new journal as I am going to leave this journal to the long term trading ...

DanUK Trend Trading Journal 2010

Trade No 2 - EUR/JPY — Today's trade was EUR/JPY again. The intraday trend was down, price retraced up to the 108.50 psych level and formed a nice little pin bar with a negative close which I sold the break of. My TP was set at 108 for a +4% ...

DanUK's Intraday Experiment

Trade No 1 — I am going to open with my first trade of this week (which was taken yesterday): Trade No 1 - EUR/JPY Long off of S1 on the break of the pin bar (shown by the arrow). We had two high volume sells before the pin that made me ...

DanUK's Intraday Experiment

Hello Wedaei, Congratulations on your trading... seems to be going well. But something worry's me. Are you planning to explain how you come to your levels or are you going to follow Wisdomfx's example and try and gather a following here and then ...

Wed's Level

Hi bez, Sorry I missed a couple of your questions earlier... Try this: url it is the official guide to the BVI. I have it set to the default settings... I think the difference is probably due to different brokers (which is where VSA can go a ...

DanUK Trend Trading Journal 2010