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Trend Trading
Started Mar 28, 2010|Commercial Content|8 replies
Which of these two scenarios would you call trading with trend , in the chart i have marked ...
GBPUSD — GBPUSD BUY Chart based on daily chart with view from 4hour nicholas
Trend Trading — Thanks for the advise about zig zag , i would not dream of using zigzag , the trend on the chart was drawn using what i call time/price trendlines which clearly show the trend on all timeframes. nicholas
Trend Trading — Thanks for the advise , the bigger retracements i like to trade if the higher timeframe is in a trend and they should show up as dips on the higher timeframe whilst in an uptrend ,interesting that you trade both . nicholas
To me there is an obvious difference but i am trying to confirm/clarify with other traders. Buying retracements during an uptrend is very different to buying the dips in an uptrend ,the solid white lines are from the current timeframe/the dotted ...
Trend trading — I would agree because the trend is only re- established once the previous peak has been broken therefore if we were to trade the retracements made by the solid white lines we are not trading with the trend ,whereas trading the ...
Which of these two scenarios would you call trading with trend , in the chart i have marked ...
EURJPY — EURJPY - one to watch primary down trend reversal , shorts on primary retrace down to supports. nicholas
Hope you dont mind ,here is my take , 60 minute primary trend reversal with primary supports nicholas