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DanUK replied Nov 9, 2009... and I think someone else once said they weren't interested with the top or the bottom - just the meat in the middle!
DanUK Simple EUR/USD Trading Journal 2009
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DanUK replied Nov 9, 2009That's what I'm talking about! The trend really is your friend! Somewhere I heard that the reason most retail traders (like you and I) fail was because they are always trying to predict where the market will turn (picking tops & bottoms) and the ...
DanUK Simple EUR/USD Trading Journal 2009
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DanUK replied Nov 9, 2009I don't know - I got in a good long position on E/U, a fair position on U/CAD and a good position on A/U
Regards, DanTrend Trading Chart Thread
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DanUK replied Nov 9, 2009Hi, Yeah out for +100 on USD/CAD
I prefer to trail my stop manually. I will usually wait for price to get to the round number before moving my stop (for example E/U has just got to 1.5000 so I have moved my stop up to 1.4900). It is ...Trend Trading Chart Thread
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DanUK replied Nov 6, 2009Yes that's right however I would be trading it off of the 4 hour chart so the left to right thing would be slightly different. Personally I don't try to predict a change of direction. The reason is that a change in the overall trend (particularly ...
DanUK Simple EUR/USD Trading Journal 2009
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DanUK replied Nov 6, 20091.4900 holding up as some major resistance... not surprising if you look back at how this level has acted in the past!


DanUK Simple EUR/USD Trading Journal 2009
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DanUK replied Nov 6, 2009Hi IliaM, Well the first thing to bear in mind is that I am looking at the longer term trade; not anticipating my bias to change for weeks, months or possibly even years! With that in mind I don't see a trend change as being a sudden occurrence. I ...
DanUK Simple EUR/USD Trading Journal 2009
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DanUK replied Nov 6, 2009Thanks Joe! Actually I'm quite proud of the growing family we have here. It's nice to be able to discuss trade ideas etc with like minded, decent folk! Regards, Dan
DanUK Simple EUR/USD Trading Journal 2009
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DanUK replied Nov 5, 2009I find it easier to stick with the trailing stop! Hurts the brain less and prevents fear and greed from messing up your trade!
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009That's my kind of trading! Welcome to the family; we look forward to your future contributions! Regards, Dan
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009Hi guys, I don't mind trade updates too much but keep them fairly concise please! The main purpose of this thread is to get some charts up (that reflect the trend trading approach outlined on the first page) to inspire and help each other out. ...
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009Not quite... think upper trendlines and a big discount! If anyone else can spot it too please feel free to join in!! Should be a good learning game! Regards, Dan
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009You are welcome to post some charts... although normally I prefer them to be indicator free! I actually used to trade in a similar way to this - I used three MAs to give me trend bias and strength. I found this to work OK but nowadays I find just a ...
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009Sorry I should have been a bit clearer... I meant USD/CAD!
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009LOL! Ok here's another one... can you tell me where I am and why on U/C? (EDIT: USD/CAD!)
Trend Trading Chart Thread
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DanUK replied Nov 5, 2009
Simple! The 50% fib and the rising trendline. Bounced at 8950 - entry at 9000. Stop is currently at breakeven so I am just waiting for something to happen now! Trading should always be this easy! Regards, DanTrend Trading Chart Thread