Keeping on track — Hi, You are welcome to post charts here but they must have some resemblance to what we are trading here otherwise it will distract from what we are trying to do here - that is to discuss potential trades and to dissect ...

Trend Trading Chart Thread

Can you explain what you mean by "price action" - are you referring to the J16 type of PA or do you mean the movement of price as opposed to the movement of indicators? Thanks, Dan

Trend Trading Chart Thread

Hi Kan, Actually I find that most of the "key" levels can be rounded up or down to a XX00 or XX50 level. I am only looking for the "key" levels here - not every s/r level shown. I would normally use the 50 pip bounce for entry or if a price pattern ...

Trend Trading Chart Thread

Hi Kan, In my opinion the most important thing (other than the trend direction) is horizontal support and resistance. I tend to look for key levels of s/r that fall close to the 50% fib level or trendline and trade from them. If the 61.8 level lined ...

Trend Trading Chart Thread

Hi Jacob, First of all... what type of trading is likely to suit you? Do you have time to spend looking at the charts all day or are you looking for something that only requires end of day analysis? Do you feel comfortable taking trades that have a ...

Any advice for new guy?

Is it worth considering an A-H position to recover your losses? I don't know your actual trade details so I don't actually know if it is worth it or not. If not, file it under "sometimes s**t happens"! Regards, Dan

Trend Trading Chart Thread

Hi Bemac, What kind of channel is that you are using? Regards, Dan

Trend Trading Chart Thread

It needs to hold below 1.3000 - if it does then we could be going down. Regards, Dan

Trend Trading Chart Thread

Hi Brixton, I like 1.0350 on USD/CHF which price has just rejected forming two H4 pin bars... I'm thinking time for a short, although !!DISCLAIMER!! that's not trade advice!!! Regards, Dan

Trend Trading Chart Thread

Hi Vicky, I think the 93.00 area was a good place to look for a sell entry so I agree with your direction/trade bias. I don't really look to the weekly chart for trades so I am not qualified to suggest too much but I don't see why you couldn't trade ...

Trend Trading Chart Thread

Hi, No I would not A-H this trade as G/U is not really trending - I only use the A-H strategy when we are in a clear trend. In this particular case it was not entirely clear whether or not the level would hold so it was a risky entry. I decided to ...

Trend Trading Chart Thread

GBP/USD Trade Update — So, I didn't quite get the close below 1.6250 that I was after but we did close below the body of the previous day's candle so we have a bearish engulfing pattern. If that breaks it's a good sign for the trade!

Trend Trading Chart Thread

Hi BR, I must admit that when I started this thread it wasn't designed to help people learn the method as such - it was more for those who already trade it to post charts and discussions of possible trade setups etc. However it does seem that we ...

Trend Trading Chart Thread

Hi Scotty B, Are you saying then that you don't believe in technical analysis? What about those who trade with the trend... and I mean trend not intraday noise? Is it not possible for those people to make money from the market? I don't consider ...

Stop fooling yourself; There is no system

Hi NM & bug, Just to add my "confluence" of thoughts - yes that is similar to what I do! I tend to hold positions for several days though. Regards, Dan PS... Thanks for the compliment NM!

New member looking for a little advice and handholding

That's it!

New member looking for a little advice and handholding

I'm back (after less than an hour!). Bang on - I don't even need to post a chart now! I will be happy if we see the day close below 1.6250. Regards, Dan

Trend Trading Chart Thread

No, just standard run of the mill trendlines. Drawn by hand.

New member looking for a little advice and handholding

Cheers!

Stop fooling yourself; There is no system

I am short G/U from 1.6300 Just popping out for an hour - will post a chart when I'm back

Trend Trading Chart Thread