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Chris P replied Feb 15, 2010Hi EL, Just catching up with posts after the weekend. The AUDJPY trade wasn't a trend trade per-se, so maybe not relevant for this thread. This was based off price action around the big round number of 80.00 The basic theory being that these are big ...
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Chris P replied Feb 15, 2010Hey Pip, I use this EA to manage my trades on MT4. url I also trade on other platforms though, so for those I simply set alarms for when price reaches certain levels so I can look at my charts and make adjustments as necessary. Best, Chris
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Chris P replied Feb 12, 20102 trades for Friday morning: EURAUD - LOB: Entry at 1.5340, stop trailed down behind PA. Just before EUR GDP was released price manically shot back up and took out my stop for +0.5R. Shame, it was only 15 pips away from my TP
AUDJPY - 1h ...Trend Trading All Pairs
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Chris P replied Feb 9, 2010Yep, still watching. It's made a breakout over the last couple of bars, but it'll still take a while for this to form a retest and then continuation. Heavy support at 1.5500, so if this does play out as expected, either stops moved or take profit at ...
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Chris P replied Feb 9, 2010Yep, that's it PD
A LOT of USD pairs are retracing at the moment. It'll be interesting to watch how they all react to these areas...Trend Trading All Pairs
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Chris P replied Feb 8, 2010It's all healthy discussion
I've seen too many threads get overrun with people damning each other down. That's why I'm very picky about where I post. NM has got a good thread going here, and all the people involved at the moment are doing a good ...Trend Trading All Pairs
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Chris P replied Feb 8, 2010Just to add... EntropyLad, you've obviously got a good grasp of Hector's method, this is more aimed at keeping the newer folk out of trouble. For all the newbies reading the thread, practice only taking the best looking setups. Once you get good at ...
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Chris P replied Feb 8, 2010Hi EntropyLad This is my take on cable. There is obviously a definite downtrend in play. I'd have preferred to have seen price move as I've marked on the chart, with a move down and then a swing back into the area and retesting the previous swing ...
Trend Trading All Pairs
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Chris P replied Feb 8, 2010Hi Paulette, If you want to learn more about longer term PA and picking trend reversals, here's a link for the best place to start: url If you don't rely on PA alone and factor in levels of S/R, MACD confirmation, space etc, you'll see the success ...
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Chris P replied Feb 8, 2010I have to concur with you Custos. Remember guys, Hector always said to look for levels of confluence before picking trades. If you only wait for the best possible setups, you will protect your capital and experience a much higher winning percentage ...
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Chris P replied Feb 3, 2010Yeah USDCHF was a great touch trade opportunity too. 50% fib was pretty much bang on the 1.0500 level.
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Chris P replied Feb 3, 2010That's a good idea. When taking these touch trades with the trend it makes sense to give them a chance to run a bit further. I'll defo add this into the strategy for the next one, thanks.

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Chris P replied Feb 3, 2010This was only on demo at the moment. If I can be consistent with this for 3 months, it'll go live. The key for me here was getting my stop to BE pretty quickly. Best, Chris
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Chris P replied Feb 3, 2010My 1st touch trade — 1st attempt at a touch trade. Confluence of 50% fib from last swing, previous swing low, and 50sma. Limit sell entry at 1.4025 with a 20 pip stop. Target of 1.4005 hit, 1:1. Didn't want to try and push this past the round ...
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Chris P replied Feb 2, 2010Yep, if they're formed moving away from support/resistance then they have a lot more meaning behind them. Here, EURNZD is moving away from 2.0000, so it gave a higher probability as to where price wanted to go. It's always about location. Better to ...
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Chris P replied Feb 2, 2010You're reminding me of things I'd forgotten too!
It's good to keep involved at FF, helps keep the pencil and mind sharp. I totally agree with your news sentiment. I wouldn't touch a currency if it's rate announcement is due. I was also asleep ...Trend Trading All Pairs
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Chris P replied Feb 2, 2010Here's another way you could have played this one. Again, we in essence have a 1,2,3 formation. Price then breaks the trendline and the 2 of the formation. Rather than enter here, if we fib out the move down, the 50% and retracement trendline line ...
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Chris P replied Feb 2, 2010I've not looked at LOB trades for a long time, but I like your take on them. Something to add back into the research list...
Trend Trading All Pairs