I hope you're only watching the H4 and Daily columns!! LOL! We have a very simple criteria for a trend here. Could you explain what yours is? Regards, Dan

Trend Trading Chart Thread

Yeah I agree... I like the action on A/U - in fact I have a little buy on that one... I wonder if anyone can explain where and why (I'll give you a clue... it was a really easy trade!)? Regards, Dan

Trend Trading Chart Thread

Agreed! There are a few people (in other threads I might say!) who are always looking to pick tops and bottoms. I say make it easy for yourself and trade only what the chart shows! Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

Hi Castle, G/U is too unstable for me at the moment so I am staying clear until I see a better chart! My personal opinion is that G/U is heading up but I am not trading that opinion! My chart is attached... I am seeing the previous downward channel ...

DanUK Simple EUR/USD Trading Journal 2009

Hi, I'm not sure what you mean - you mentioned a bearish candle but you went long? At what price did you enter? Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

Chart — Hopefully this should help...

DanUK Simple EUR/USD Trading Journal 2009

No problem... don't forget we are looking to trade the longer term trend - the main principle of this trading method is that the longer term trend will hold so we are simply trying to get in on that action but at a discount. If you pull up an H4 ...

DanUK Simple EUR/USD Trading Journal 2009

It's looking pretty good at the moment. Fingers crossed we might see a bit more action before the day is over! The trick is patience... waiting for the right moment to get back into the trend. That's all there is to it!! Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

Hi, Yes I see what you mean however I only use the H1 chart for watching price react as it is easier to see - I don't use anything below an H4 chart for analysis. Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

Hi guys, Please remember there are two elements of this trading method that are vital. The first is that we are following a simple trading method - overcomplicating matters will make things harder for you in the long run. The second is the most ...

Trend Trading Chart Thread

I find it's best to only pay attention to swing highs and swing lows that show up on a daily chart - otherwise things get overcomplicated. Of course I could be wrong and we could be seeing a trend change but that is not the safest trade - the safe ...

DanUK Simple EUR/USD Trading Journal 2009

Hi Ninja, Stick with the trend! I am in long at 1.4700 - anyone else take the trade? Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

Hi Artamon, Mine was a discretionary move. Price came within 5 pips which is good enough in my opinion to move your stop loss... I however didn't move my stop straight away. I decided to hold on for a bit. Then, this morning price was unable to ...

DanUK Simple EUR/USD Trading Journal 2009

Thanks guys! It's good to get back to it! My E/U long from 1.4750 (opened yesterday) closed today at breakeven. I am looking again for a sign to get back in. Ideally I would like to see 1.4700 get hit again and then for price to shoot upwards - but ...

DanUK Simple EUR/USD Trading Journal 2009

Hi all, After a very busy couple of weeks in my new place I am finally back to trading. I won't be posting much at the moment due to internet issues at home but I will be trading via the mobile and posting from my office! It seems everyone is doing ...

DanUK Simple EUR/USD Trading Journal 2009

Hi guys, Sorry I haven't been around lately - my wife had our second baby on the weekend and we also moved house this week so I haven't had any time to post anything! Once things are a bit more settled at home I will be back! Thanks for keeping the ...

DanUK Simple EUR/USD Trading Journal 2009

That's great - thank you for your post. I do think that once you learn this trading method it makes trading sooooo much easier! It has for me at least! Less stress + more profit = Regards, Dan

DanUK Simple EUR/USD Trading Journal 2009

I don't know about that!!!

DanUK Simple EUR/USD Trading Journal 2009

Hi Pip, I understand what you are saying here... in fact I don't like to trade the two pairs in opposite directions because historically they tend to follow each other BUT you can only trade what you see happening on the charts. In my view, E/U is ...

DanUK Simple EUR/USD Trading Journal 2009

In my opinion it is in a pretty clear uptrend. Looking at a roughly 300 bar chart I see the left hand side at around 1.4100 and the right up at around 1.4700 - 1.4800. There certainly seems to be a lot of confusion as to what we are supposed to be ...

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