Hi bez, Yes I agree this would be good as a way to show people that patience pays off in the long run... I haven't got the time to do it at the moment but I will endeavor to post some recent results very soon. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Trend Analysis — Ok chaps, I think I have replied to all PMs and have answered most questions directed at me. I have left a couple of posts that I felt have already been answered by the market! If anyone feels I missed them please feel free to ...

DanUK's Advanced Trend Trading Strategy

Hi, Just to clarify... the USD/CHF trend was already down - the trend should be gauged using daily charts not 4 hour charts. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi, With regards to taking partial profits, yes you can do it - of course, it is your choice after all. But the reason for taking partial profits is psychological rather than tactical. Partial profits are fine when things are going slowly and you ...

DanUK's Advanced Trend Trading Strategy

I am back ladies and gents so hopefully we can continue down the path to riches lol!

DanUK's Advanced Trend Trading Strategy

Hi, The thing to remember about "pinbars" (or any other setup bar) is that the location is more important than the bar. The monthly pin would have to break heavy resistance in the 1.000 before winning out: url as the trend remains down shorts are ...

DanUK's Advanced Trend Trading Strategy

Hi, For the purposes of this thread the trend is based on the daily charts. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi, Thank you! Since moving to candlestick setups rather than just entering at a certain price I have decided not to use the anti-hedge strategy. Whilst it can work I prefer to wait for candlestick confirmation before entering (or re-entering). Yes ...

DanUK's Advanced Trend Trading Strategy

Hi, Great! You will find you have less trade setups than just entering at point X but as you have noticed you will have much more success! Giving your trades room to breathe is also important and if you are happier with giving them more than a few ...

DanUK's Advanced Trend Trading Strategy

Hi GJP, There are times when you will get a lot of break even trades... the percentage of long term successful trades are low. You may get a few trades that hit a couple hundred pips but the big 1000+ pip moves take a long time to establish. ...

DanUK's Advanced Trend Trading Strategy

Hi, At the end of each week I look at what has happened over the course of the week and confirm my thoughts about the trend and in most cases the trend will be the same as it was the week before so my plan is simple... continue to buy/sell pullbacks ...

DanUK's Advanced Trend Trading Strategy

Hi, If I may refer you to this post: url - my opinion is the down trend remains in place until the blue level is broken. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi guys, Sorry it's taken so long to get back to you... I shall try and get through a few replies tonight, starting with this question... In this case I am still betting on the existing trend so I will be entering at the bottom of the range (as ...

DanUK's Advanced Trend Trading Strategy

Hi guys, Sorry I haven't been around much lately; been very busy at work and just not had the time to check in - it always seems to be busy here when I'm not around lol! I will catch up this weekend though I hope! Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi bez3000, I can see why you entered but I wouldn't have placed a "touch" trade on the basis of that trendline (because I don't find them to be strong enough for that style of trading). For a "touch" trade I would be looking to play a bounce off of ...

DanUK's Advanced Trend Trading Strategy

Hi Mist Gun (that's an interesting name!?!), If you have a particular situation in mind it would be easier for me to respond to a chart. But generally speaking the answer is yes if price is moving in an upward trend and then starts to consolidate ...

DanUK's Advanced Trend Trading Strategy

Quite true! The psychological side of trading is just as important as the entries! You've got to get the technique right but without the right mindset failure is still waiting around the corner!

DanUK's Advanced Trend Trading Strategy

Hi bez3000, I was actually anticipating a deeper retracement... I thought it might make it at least to 1.3500 before heading back up but the signal at 1.3800 was too good to miss. The Euro has been moving up pretty fast lately (although it's paused ...

DanUK's Advanced Trend Trading Strategy

Hi toybits, Sure, no problem - personally it's not something I do; the reason being that if I am selling I would rather sell from higher up. The key to my entries are that they represent price pulling back to a strong support/resistance level and ...

DanUK's Advanced Trend Trading Strategy

Hi HxMark, Sorry... I've just been informed that I missed this post from my replies. On my feed the inside bar formed on the 11th (using the 8th as the engulfing bar) and was a fair trigger to short. I say fair because I believe inside bar setups to ...

DanUK's Advanced Trend Trading Strategy