One i got my eye on it to see if it closes strong some good things about it are its bouncing off resistance and round number at .8400 and in the direction of the down trend. Just wish it had a little more space

james16 Chart Thread

At first glance those might seem like alot but once you realize that majority are filtered out very fast because they don't even come close to being A+ setups those 60+ pairs are significantly decreased and then you zoom in on the ones that might ...

james16 Chart Thread

HI Laranja, My take on the EUR/USD is that we are at a critical point at which it decides whether it wants to resume the previous short uptrend or start another down trend. This is the daily chart 1) the green line was the down trend we had the ...

DanUK's Advanced Trend Trading Strategy

whats up dan — i hope to be active in this thread here. your strategy is a mirror image of mines since we learned most our stuff from the same concept. Trend trades..Trend lines.. Fibs..and im also using lately pin bars and outside bars on the ...

DanUK's Advanced Trend Trading Strategy

your stops dont have to be that large..actually it is all relative, but it is a misconception that you need large stop losses when trading 4hr, dailies or higher.

Please, best trading system for a 9-5 worker?

tough — these are the tough times for trend trading so we wait and get mentally ready for when it resumes or changes

DanUK Trend Trading Journal 2010

hope your holding on to that. It looks like were testing the low and probabilities are that we will break it. So do you like the daily trading so far? Dont trade for excitement, trade to win..boring but lucrative

DanUK Trend Trading Journal 2010

BIG MONEY DAN!! i got my short order in place to add but it prolly wont pick it up until early next week.

DanUK Trend Trading Journal 2010

men the EUR isnt giving me a chance to add with a pullback..the 4hr kinda did but i was looking for it to get closer to 3450

DanUK Trend Trading Journal 2010

Kudos on being able to admit that. This example goes to show that the battle of overcoming beginner mistakes is not a one time thing but a continuing process in the life of a trader. In my opinon that is why I think MOST succesful top traders are ...

Stating The Obvious and The Quest For Wisdom

my personal opinion is that it would break below 1.30 and most likely will hit 1.20 before the end of this year. but im just following this market as of now and waiting for it to break my daily trendline

DanUK Trend Trading Journal 2010

Thats how i essentially do it on the dailies Dan. Im hanging on the the euro adding on the way . PLanning to add on the retest of the 1.3440 area. Only difference is i get out quick if it goes against me on my intial entry or on my subsequent ...

DanUK Trend Trading Journal 2010

traders need to understand the psychology of the above highlighted statement because it goes against the common paradigm in life but it is what will make you successful in the LONG RUN. It is quite alright to be wrong many times, the CAVEAT is that ...

Jacko's Forex House of Pleasure and Pain

Also isnt the previous bar a BEOB? so its two signals one after the other

james16 Chart Thread

were looking for entries to go short. On the daily chart it has broken the upwards trendline sharply with small retraces if any. I understand what your saying with the weekly being in a retracement period. What you can do is trade short on the daily ...

Jacko's Forex House of Pleasure and Pain

Oh Coolshades i wasnt in a trade. My AH was never picked up and thank goodness either. I had one in place after a loser trade i had but i cancelled it and im re-evaluating the market.

DanUK Simple EUR/USD Trading Journal 2009

was at 1.4785 but now the trend looks like its changing or taking a serious test

DanUK Simple EUR/USD Trading Journal 2009

stagnation — Been in a tight 100 pip range. i have an AH trade waiting at the top of the range..i have mixed feeling leaving it there but it shall stay until it gets picked up.

DanUK Simple EUR/USD Trading Journal 2009

im not giving a recommendation I am just stating what i see and what i feel to be the safest move .. up to you to make your own decision

Jacko's Forex House of Pleasure and Pain

it seems the safer thing to do is wait for a pullback..and my charts show its around 1.4850

Jacko's Forex House of Pleasure and Pain