Trade No 23 - EUR/USD — Long @ 1.3833

DanUK's Intraday Experiment

Update — Both targets hit... +2%

DanUK's Intraday Experiment

Trade No 22 - EUR/USD — The remainder of my last trade got closed out (to the pip!!) so the trade ended up +0.5% in the end. I have entered short again @ 1.3917 and am aiming for the lower target area again!

DanUK's Intraday Experiment

Update — Moved pretty quick... guess I didn't curse it after all! 2/3's off... remainder to run to target (if I'm lucky!).

DanUK's Intraday Experiment

Trade No 21 - EUR/USD — 1.3930 (previous target) appears to be holding so I've taken a short... seeking the lower level as target (don't really like posting live trades... feels like I'm jinxing it!)!

DanUK's Intraday Experiment

Trade No 20 - EUR/USD — Only had one trade so far today, long EUR/USD @ 1.3877... Trade hit both targets (1.3930 being upper target) and closed +2%

DanUK's Intraday Experiment

Update — AUD/USD finally gave me what I wanted so the day ended positive! Could have gone either way though!

DanUK's Intraday Experiment

Trades — Here are the other trades made today... No. 16 AUD/USD Buy @ 1.0095 -1.5% (no chart) No. 17 EUR/JPY Buy @ 114.68 +2% (chart below) No. 18 USD/JPY Sell @ 82.71 (chart above) stop moved to breakeven as not liking PA action 82.60 ...

DanUK's Intraday Experiment

Update — Remainder got taken out... so again +0.5% in the end.

DanUK's Intraday Experiment

Update — First 2/3's out at 1:1 (+1%) but the remainder got spiked out... so +0.5% in the end.

DanUK's Intraday Experiment

That's the plan! Being a bit cautious at 82.60 now though

DanUK's Intraday Experiment

It depends on the platform... with Oanda you can set a counter-order for 2/3s of your position but on MT4 you have to select the volume of the trade you wish to close and do it manually unless you have time to open both positions in the first place!

DanUK's Intraday Experiment

Trade No 15 - USD/CHF — This was my USD/CHF short @ 0.9335 from this morning... took 2/3's off at 1:1 (coincided with the blue zone) and the rest remains open. Didn't get an entry on EUR/USD in the end.

DanUK's Intraday Experiment

Currently short USD/CHF and thinking about going long EUR/USD... will post charts shortly

DanUK's Intraday Experiment

Yes that's correct on all fronts. What I tend to do with the trouble areas on the left is to watch how price reacts to them - if they cut through then fine, if they start to struggle I will be more cautious, consider moving stops or taking a portion ...

DanUK's Intraday Experiment

Trade No 14 - USD/CAD — Slight change of plan on loonie... price failed to break the supply level so I am now short @ 0.9729. Target is lower level (as shown) or possibly down to 0.9700 if price moves in my favour for that long!

DanUK's Intraday Experiment

Nearly missed that one... I've read/watched a lot of Sam Seiden stuff over the years but I've never managed to trade that way - it's always been my goal to be able to trade pure supply and demand levels and the "price is everything" thread really ...

DanUK's Intraday Experiment

Hi mate, Sorry for the slow reply. Yes, I am using the Sam Seiden version of s/r (supply and demand in his terms) - essentially taking what is shown on the 15m charts and trading them from the highs to the lows and vice versa as best I can! This can ...

DanUK's Intraday Experiment

Trade Update — USD/JPY closed for a loss -1.5% EUR/USD closed at breakeven AUD/USD hit full target +2.5% I am now long USD/CAD @ 0.9715 (Trade No 13)

DanUK's Intraday Experiment

Trade No 12 - EUR/USD — Sold EUR/USD @ 1.4008 targetting lower level AUD/USD trade is 2/3 off @ 1:1, USD/JPY is not looking too healthy right now!

DanUK's Intraday Experiment