Now that's more like it!! I am currently short from 91.50 as per the attached...

Trend Trading Chart Thread

Long or short?

Trend Trading Chart Thread

Hi Carrot, It's not so much changed as had a slight improvement made upon it! I will reveal all when I start my new journal (probably this weekend, if I have enough time) but it's nothing magical - just incorporating "key" levels of support and ...

DanUK Simple EUR/USD Trading Journal 2009

Hi Josh, If that break had taken place at any other time I would agree that it was certainly a bearish signal however it happened over the Christmas period - low volume; big boys not trading therefore a significant change of trend would need ...

DanUK Simple EUR/USD Trading Journal 2009

Hi Carrot, Yes I did in fact take the trade. After a bearish reaction at 1.0400 I entered short at 1.0375. Regards, Dan

Trend Trading Chart Thread

Hi Masapv, The real question is do you think you will come out on the other side as a successful trader? No one else can answer that for you. The biggest problem most new traders have is fighting themselves. Can you trade the market based on the ...

Jacko's Forex House of Pleasure and Pain

Hi Supermatt, Yes I agree with that. Thank you for your chart - it helps to illustrate better what I was trying to say in some weird way (outer trendline etc)! Regards, Dan

Trend Trading Chart Thread

Hi BR, Trendlines are soooooo subjective that they become overcomplicated. I prefer to keep them simple and use "outer" trendlines and use them to guide me to horizontal support and resistance levels. Is your line valid? Yes I would say so but ...

Trend Trading Chart Thread

Hi Mr Buffet Jnr, I personally don't trade Gold so I can't really comment but it looks like you had a good trade - congratulations! Regards, Dan

Trend Trading Chart Thread

Hi Blue, Sorry I was unable to reply sooner. The only concern I have with this trade is the reaction u/j had when it hit the downward trendline at 93.50 - sent it straight back to 92.00. Now, if 92.00 manages to hold I will be thinking maybe another ...

Trend Trading Chart Thread

1.5000 looks like an interesting level...

Trend Trading Chart Thread

Hi, The only advice I would give is to avoid NFP Friday altogether!!! It just so happens that I was right with my trades this week (they were placed in the morning, GMT, well before the news release) but I could easily have been wrong! Regards, Dan

Trend Trading Chart Thread

Hi Pervaz, E/U is still suffering from a post New Year hangover! I would hold back on trading E/U until a trend emerges again! For now I would recommend taking a look at AUD/USD. Regards, Dan

Trend Trading Chart Thread

Oooops — I suppose it would help if I posted the charts!

Trend Trading Chart Thread

Kick-starting 2010 — Hi all, I am hoping to spend a little more time in this thread this year; so with that in mind I thought I would post a couple of charts showing the trades I am currently in (and hopefully will still be in when the markets ...

Trend Trading Chart Thread

Thank you! I must admit there is the odd moment when I look at other trade strategies (always looking for something easier!) but I always come back to trend trading - it just... works! Regards, Dan

Trend Trading Chart Thread

Hi Pervaz, Personally I don't like the action on EUR/USD at the moment. Not trendy enough! However, 1.4450 is a good level of s/r to trade from so that is something worth noting. Regards, Dan

Trend Trading Chart Thread

Hi Keith, I wonder if you could just clarify this statement please? What do you mean by his reasoning for taking the trade? Are you suggesting that there is more to Jacko's method than is taught on this thread? Also, I must agree with garrye ...

Jacko's Forex House of Pleasure and Pain

Hi Fxacs, I have posted my monthly results for the first 8 months but they were posted at the end of each month (I only posted the last few months here because I got a little lazy in posting them at the end of each month!). The trouble with GBP is ...

DanUK Simple EUR/USD Trading Journal 2009

Hi Valtom, Sorry I missed your question. Yes you are right, I trade stock CFDs rather than the stock itself (although I used to buy and sell the physical stocks before I came across technical analysis). It has been my experience that the charting ...

DanUK Simple EUR/USD Trading Journal 2009