u/c — Price didnt reach 1.0650, so im in on usd/cad @ 1.0550 with stop @ 1.0650. Time for patience and discipline PS: Im going to open a small micro account and trade live. Time to get the emotions in check... Ive looked into oanda (useless ...

Trend Trading Chart Thread

Q on Entry Margin — Hi Dan, Quick question regards your 50 pip entry margin. Do you wait for a 50pip margin ALWAYS on every trade or are you "flexible" as to it being close to 50pips? Say it goes to 45 - 47pips but it doesnt reach the required ...

DanUK Simple EUR/USD Trading Journal 2009

u/c — Keep your eyes peeld (spellin?) for usd/cad. im looking for posible entry @ 1.0550 if it begins to drop now... If it continues up past 1.0650 then i´ll look to enter at 1.0600

Trend Trading Chart Thread

Aheup Dan, Hope all well and busy with the kids . Just wondering with regards to you saying "I took a small position"... When you say small, does that mean you take trades for less than your usuall 2% risk? How much less and what influences you to ...

DanUK Simple EUR/USD Trading Journal 2009

Well said — Well said Matt and welcome to the "family". I guarantee this is THE place to be to learn, share and grow into a pro. All the best in your travels bro. Pip.

Jacko's Forex House of Pleasure and Pain

General Question — Hey guys and gals, I have a thought and i wondered if any of you´s are tracking down all trades taken. Have you got written down your average wins, losses, break evens, average pip gains, monthly % returns, average % returns ...

DanUK Simple EUR/USD Trading Journal 2009

Fibs Q — Hi Dan, I know i repeat mysefl lol! but im struggling a bit with placing my fibs. I know each trader will see it one way or another, but i was wondering where you personally will apply the fib for the current e/u situation. My point ...

DanUK Simple EUR/USD Trading Journal 2009

Hi Imturek, Your analysis is correct. However i suggest you talk about other currencies in DanUk´s Trend Trading thread. Reason being its best not to digress from the e/u which this thread focuses on My 2 cents.

Jacko's Forex House of Pleasure and Pain

That, IMHO is THE way to long term success. This isnt a science and never will be. Discretion in my terms is basically experience and time put into the markets. And we NEED discretion if we want the markets to feed us haha. Great thread guys and ...

Trend Trading Chart Thread

In both trades aswell Nice and simple. How it should be. It amazes me how we overcomplicate things lol! KISS (not literally of course ha).

Trend Trading Chart Thread

Not to go over "old" trades....but did anybody notice the 8h pinbar formed on the 4h charts between 1.4700 - 1.4600? That alone would give a good idea + confidence to take the trade without too much confusion as to "is the trend changing sentiment" ...

Jacko's Forex House of Pleasure and Pain

Maybe this sounds "amateurish" even though im a rookie . But, i truly believe it isnt a case of predicting market change at all. If it does break strongly and still not "sure" if it WAS a real change in direction its best to sit on your hands ...

DanUK Simple EUR/USD Trading Journal 2009

Hi IliaM, When you say "opposite", are you referring to currencies that go in the same direction or does that "mirror" each other? - eur/usd + usd/chf are mirrored perfectly. - eur/usd + aus/usd + nzd/usd go in same direction. I truly believe ...

DanUK Simple EUR/USD Trading Journal 2009

ermmmmm.... Fibs 50 @ 0.8950 Aprox to dailies trendline. Entry @ 0.9000 SL @ 0.8900 Currently BE. Do i get merit points? lol! . defo an easy trade screamin´in face lol.

Trend Trading Chart Thread

Hi Dan, Thanks for your consideration Appreciated. Im focusing on the method outlined here by yourself as my main strategy/bread n´butter. But in the meantime looking at it in lower TF´s aswell, based on the longer dailies trend, if that makes ...

Trend Trading Chart Thread

Bring on the Ferrari wooo! lol! Im backtesting a "modified" method based on Jacko/Dans method on the lower TF´s. Just to see HOW it would work and still basing the trades of the 4h - dailies timeframes as a guide. So far so good. But like all ...

Trend Trading Chart Thread

Long 1.4700 due to bounce of 1.4650 aprox and TL. Here we go! come on son!.... hehe

DanUK Simple EUR/USD Trading Journal 2009

Thanks for the reply FxAdvice. Im "seeing" your method similar to the one im applying... I seem to understand that you base your trades on the bigger picture (4h + dailies?) and manage them accordingly on the lower 15m charts... am i correct in ...

Pro Swing Trading

Hi FxAdvice, You seem to have a pretty simple method along with pretty consistant results. Keep it up! May I ask your reasoning as to why 1.4600 in particular? thanks.

Pro Swing Trading

Nice to see you back Dan. Now lets go and make some monies hehe. Or try at least lol!

DanUK Simple EUR/USD Trading Journal 2009