Hi Pipfarm, I will posting a chart of a new setup on the same pair later but the intial setup is off of the 1.5055 level on the 4 hour chart with an entry at 1.4944. Ciao for now Micardo

Trend Following - A Complete Guide

Hey Pipfarm, Sorry I wasn't aware that you wanted a reply, I thought you were providing some words of wisdom more than asking a question. But in any case yes of course one should always be aware of where they are in the time frame that they are ...

Trend Following - A Complete Guide

Hi ForexSims, Sorry I haven't had a chance to come back to you on this as of yet. I will watch the video and get back to you if not tonight then first thing in the morning. Thanks Micardo

Trend Following - A Complete Guide

Very nicely written. Portugals bond auction is this week and could be very telling. Although in reality we know from the Ireland and Greece scenario that once the situation comes to the fore it is only a matter of time before the markets ...

Trend Following - A Complete Guide

I got stopped out of my GBP/CHF short last night by a single pip...and now look at it. I missed the re-entry as well. Good start to the week :-)

Trend Following - A Complete Guide

Hi dddd, Sorry I haven't seen these although now you have pointed them out to me I will take a look. For fundamentals I do a few things, obviously I look at the Forex Factory interactive calendar for the results and graphs. I also have subscriptions ...

Trend Following - A Complete Guide

Nice post and a good point. The carry trade is the trend trade of all trend trades. Just look at the Yen pairs during the time prior to the crisis. They got hammered as Japan had the lowest rate and hence acted as the funding currency. However you ...

Trend Following - A Complete Guide

Hi dddd, Yes I do trail my stops and indeed add to positions. I tend to move my stop when a new level is broken and I add a new position. Having said that, if I using this approach to do some swing trading, I wouldn't move my stop I would stay in ...

Trend Following - A Complete Guide

Hi dddd, welcome and I hope you continue to enjoy the content. Thanks Micardo

Trend Following - A Complete Guide

Congratulations, its nice to see it is benefitting you! keep up the good work.

Trend Following - A Complete Guide

Hi ForexSim, Thanks for the video update. You pretty much have it bang on. I know some of the levels look a little vague and a few are more ranges but maybe I can give a little more insight. I am always looking at levels or ranges where price has ...

Trend Following - A Complete Guide

Thank you for your comments, you are very kind. I believe that fundamentals if nothing else help to build a case towards a trade. I wouldn't trade it in isolation but it may help me with regards to position sizing etc.

Trend Trading All Pairs

Hi, I was treading the last few posts and wanted to chime in with my view. I think it is incredibly pessimistic to take the attitude that everything goes to zero (even if it does take 100 years ;-D). Yes trading can be difficult but I sincerely ...

Trend Trading All Pairs

AUD/USD — AUD/USD also setting up nicely for a bounce... major level of support.

Trend Following - A Complete Guide

Some Setups — Just a quick one guys, I will post charts later but I am looking at the following on the 4 hour. USD/JPY USD/CHF NZD/USD NZD/CAD GBP/NZD

Trend Following - A Complete Guide

I think it is just a big misunderstanding. Maybe you didn't realize how your posts come across. For example the post I have quoted, had it not been for the smile in the title, I would also have taken that as being rude... I believe it is your "Get ...

Trend Following - A Complete Guide

Ok point taken, however... I wasn't saying that one should fit fibs to a way that suits them. I was merely saying that where he had drawn them was not completely out. The idea was correct but just a few candles late. In the grand scheme of things it ...

Trend Following - A Complete Guide

Fibonacci is very subjective. Yes you can say that it is by 20 pips but in the grand scheme of things it is in the right area. Remember that the forex market does not go through a centralised exchanged and therefor there is no one price. For that ...

Trend Following - A Complete Guide

It was a bank holiday but I don't think you were barking up the wrong tree although I don't know what your setup was that you are referring to. Losses are part of the game and can be quite illogical. I have been stopped out before for no good ...

Trend Following - A Complete Guide

Hi Winston, Yet another nice setup. However I was a little hesitant about shorting this pair and hence was waiting for complete confirmation before entering. The reason I was hesitant is fundamentally I don't believe the Yen deserves to be as strong ...

Trend Following - A Complete Guide