Hi Duke900, Thank you for your compliments! Trend trading has always been of interest to me, it just seems to make more sense to me to stack the odds in your favour by getting in something that's already moving in a certain direction. I have looked ...

DanUK's Advanced Trend Trading Strategy

Hi Alex, Actually someone else sent me a message about pipEASY's thread and I have had a read of the first few pages... it seems like a sensible approach (being that it's similar to mine lol) - I didn't quite understand the entries but I imagine ...

DanUK's Advanced Trend Trading Strategy

Hi Danku, Ok... hopefully this little GBP/USD example should explain it a little better. The first chart shows March/April this year where the previous high (in the downtrend) marked with a red arrow was broken; now this could have been a signal ...

DanUK's Advanced Trend Trading Strategy

Hi Pirabuji, Good job I like your charts. I would say you have pretty much got it covered! Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi Sjr, Yes, if I understand you correctly that is about right. Oanda is great for this because you can break your position size down to the exact % figure. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi Dan, Ok... today the EUR/GBP caught my eye - I'll let you fill in the rest! Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi bez3000, Ideally I would like to see this reach at least 1.37 before getting in; my view is something like this...

DanUK's Advanced Trend Trading Strategy

Hi bez3000, First of all, you can never know for sure... we're just looking for signals that indicate something might happen at a location that shows a high probability (based on historical data) that something will happen. As for the USD/CAD - ...

DanUK's Advanced Trend Trading Strategy

Hi howard, Yep that's a valid point of view. This comes on to the counter trend trading part of my method; I have short positions and I now have a long position on the EUR/CHF from the bullish outside/engulfing bar that formed on the 24th. My stop ...

DanUK's Advanced Trend Trading Strategy

Hi goldenFishie, No, I would still wait for a signal to tell me that the level might hold. Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi Alex, Thank you for your well wishes. He is much better now, thank you! I'm from the South coast of England. Australia sounds nice, I would welcome some warmer weather right now! There are a lot of guys here that I've learned things from ...

DanUK's Advanced Trend Trading Strategy

Hi PipRiderFX, A's to your Q's in blue... When you enter a trade your stop is located at the other side of the signal candle that got you in. So the extreme if you like. Yes. Sometimes directly above it, sometimes a little further if I feel a little ...

DanUK's Advanced Trend Trading Strategy

Hi Four Kids, On my feed that bar wasn't a bearish engulfing bar or a bearish outside bar. Also, rather than being short from a swing high, you would have been short near the low (indicated by the small blue line on my chart). This means you ...

DanUK's Advanced Trend Trading Strategy

Hi dan89, Good to know, thank you! Regards, Dan

DanUK's Advanced Trend Trading Strategy

Hi guys, Just a quick reply about the EUR/CHF (will do other replies later today)... whilst I do believe we are at an area of interest, price so far hasn't given me any indication that it is heading back down. I wouldn't be surprised if price moved ...

DanUK's Advanced Trend Trading Strategy

Hi PipRiderFX, Getting a discount is still important to me and is the reason I still look at these levels but I have always said that when a key s/r level gets in the way of that it is the s/r level that takes precedence over the fib levels. To be ...

DanUK's Advanced Trend Trading Strategy

Another good reply! This is what I would have answered had it not been already been said... it's an area to look for a signal - not a "to the pip" line. This is where using candlestick patterns to enter off helps because it confirms the level for ...

DanUK's Advanced Trend Trading Strategy

Hello lite27, The most reliable place to enter is at key support and resistance levels (the horizontal lines that I plot). The best way to locate these levels is to look at a weekly chart and pick the levels that really stand out. If you need help ...

DanUK's Advanced Trend Trading Strategy

Good reply!

DanUK's Advanced Trend Trading Strategy

Hi bez3000, These are all good looking charts... you seem to be searching out some very logical points to look for entries into the trend. I think with regards to the EUR/USD I would also consider the possibility of 1.3500 and AUD/USD I would ...

DanUK's Advanced Trend Trading Strategy