agreed, be careful with the kiwi though... G/U approaching 1.65, unfortunately I can't watch this during asian session and will probably miss this trade. edit: watching the currencies right now (time = EU @ 1.4834) and OMG stop the selling already!! ...

Trend Trading Chart Thread

hi dan, you seem to catch a lot of good moves, do you have price alerts set up or something like that, or you just watch charts * a lot *? what I mean is, I missed A/U long 0.90/0.9050 because I simply wasn't watching (even though I posted here I ...

Trend Trading Chart Thread

you drew the fib wrong (if you want to go long, it's fine for short). should be from swing low 27th / high 30th (that is, on 4H and IF E/U keeps dropping, we don't know for sure yet...but I think it is, but we don't trade what we think )

Trend Trading Chart Thread

yes, japan sold everything they could sell right at the session open. i think your view is just fine. although i'm not sure about your daily trend line, couldn't find more points of support, other than those 2 in your chart. edit: sorry, found more ...

Trend Trading Chart Thread

hi clock, just curious, if the trade went wrong would you have let the trade go all the way to 1.7050? or was that just a "safety" stop?

Silent Service Method

anyone considering E/U 1.5 long, problem is not enough PA at the moment to rely on, since US markets are closed.

Trend Trading Chart Thread

the confusion might be that you confirmed in your answer to Big1Red9 that 1.48 is a good buy, but actually meant 1.4850 with a stop loss 1.48 ?

Jacko's Forex House of Pleasure and Pain

TradeOne, good trade! I hope you're still in this one.

Trend Trading Chart Thread

zoom out to daily (even if you are trading 15M). this pair is in a triangle for a few weeks now, so I would at least wait until it breaks out of it. and it will very soon.

Trend Trading Chart Thread

not an intraday trader either, but just would like to get "back into the trend". Doesn't matter which (trending) $-pair. Dan has done this several times with success. Was afraid to pull the trigger EU @ 1.4850 (now trading at 1.4890).

Trend Trading Chart Thread

thanks very good advice. what do you all think about long E/U 1.4850 (50% fib this months low-high). it's right there at this very moment.

Trend Trading Chart Thread

that will teach me — markets continue and should be profitable to you all. good lesson never to break the rules, read opinions of others on other threads, which made me questioning my own analysis, and close out positions manually (I ...

Trend Trading Chart Thread

in Dan's E/U thread there are at least two people long from 1.6600 (they should have posted that here! ) I broke the rules and closed my short usd/cad manually @ 1.0550 because I think it would definitely hit my initial stop @ 1.0600 (could be ...

Trend Trading Chart Thread

it's now at the 1995 high, so it could go either way. to me EG looks going up, if you zoom out a bit more on the daily. price also near 50% of swing june low - october high (got rejected at 0.89). what do you think?

Trend Trading Chart Thread

castlerock, Xj8, what are your stop losses on this trade? It seems G/U has a higher range than e.g. E/U?

DanUK Simple EUR/USD Trading Journal 2009

Just wondering, because it's discretionary, why didn't you move the stops to 1.4950 with a daily high yesterday very close to 1.5050?

Trend Trading Chart Thread

thank you for the explanation, I also do believe you have more control trailing manually. usd/cad looking good! did you already move your stop A/U to 0.92, or -- if it doesn't reach 0.93 today and turns south -- you would eventually still move it to ...

Trend Trading Chart Thread

do you do this manually (like jacko) or automatic (pip by pip)? i suppose you got stopped out usd/cad (100 pips profit?)? i entered @ 1.07, should have trusted the technicals and entered @ 1.0750!

Trend Trading Chart Thread

thank you (for those wanting an explanation: upper descending trendline on h4/daily and 76.4 fib) A/U: got in a little late @ 0.9050, still looking good, do you have a TP in mind, or really only use the 100 pips trailing stop for all your trades?

Trend Trading Chart Thread

1.0850 would have been great, but I guess you sold @ 1.0800?

Trend Trading Chart Thread