Hi JayTrader, Yup looks good to me. I have that exact same level on my chart although it just got absolutely destroyed. I was waiting for the confirmation which didn't come. Good thing too. Well done keep going! Micardo

Trend Following - A Complete Guide

Hi Monk, Yes that is pretty much bang on what I had! If you can keep picking these levels you will be well on your way :-) Micardo

Trend Following - A Complete Guide

EURJPY — EURJPY looks primed for a bounce... It is coming up to a confluence of levels on the 4hour chart (trend line, resistance and 61.8 fib level. Things could get interesting.

Trend Following - A Complete Guide

A few nice setups mainly on the NZD crosses.... lets see what happens...

Trend Following - A Complete Guide

EURGBP Trade — Hi Everyone, I know it is bank holiday today so no one is trading and neither was I. However I I had a set up on the EURGBP identified on my chart which I was looking to take tomorrow if the signal was there. Unfortunately I ...

Trend Following - A Complete Guide

Lol :-) Maybe just a little paranoid. No I don't think this is the case. If Pacman did exist he/she would have to have some deep pockets to move the markets just to take out your stops and remember once the market gets up to the high for example, ...

Trend Following - A Complete Guide

Hey Brenaj42, No not at all... I really appreciate your input and I think it is extremely useful to have more than one experienced voice on the thread and an alternative approach. I was just saying that I think people should focus on the basics ...

Trend Following - A Complete Guide

A Quick Word About Indicators — It seems as though everybody is extremely interested in the moving average cross over which is fine if you are experienced and you know how to use it properly. However it isn't fine if you are new and you are ...

Trend Following - A Complete Guide

Hi, Thanks for your input. I understand what you are saying about the synthetic but don't agree that is the only way to play it. I believe it is ok to bet on Euro weakness in which case you could take short eurchf and short eurusd without exposing ...

Trend Following - A Complete Guide

Illiquid Trading — Just a quick note on the periods trading... it is not unknown to see some counter trend moves during this period as the markets are not as liquid and hence it wouldn't take as much to move the markets as it would during ...

Trend Following - A Complete Guide

OK so here are some of the first charts. EURAUD has been in a serious down trend for the past forever. There are a few resistance levels that we would be looking for a bounce off of. Ideally we would want to see further weakness in the EUR/USD as ...

Trend Following - A Complete Guide

It is actually as if you are in my mind :-) When I conduct paralell and inverse analysis I too look at the bigger picture. I am not as concerned with the pip to pip movements, as obviously there is daily noise and volatility that has nothing to do ...

Trend Following - A Complete Guide

Hi Everyone, Just a quick one on multiple pairs. I think brenzaj42 said it best when he said that a trend was a trend. Ultimately it doesn't matter what you are trading, if it moves and provides you with high probability set ups then you can trade ...

Trend Following - A Complete Guide

Hi JerryCollie, Sorry just one more point. regarding your stoploss... 250 sounds quite generous and in some cases is completely necassary. However I wouldn't limit yourself to that, there will be times when you can bring the stop loss closer. For me ...

Trend Following - A Complete Guide

Hi Charles, Thanks for your questions. It is indeed less stressful and I think you will enjoy it :-) Ok regarding my risk, the account I trade is probably significantly larger than most so I trade a few more than just the one contract per trade. ...

Trend Following - A Complete Guide

Hi JerryCollie, Thank you for your wishes and I hope the same for yourself and all others on this forum trying to improve themsleves and reach their ultimate goals. Sorry to hear about your bad experiences with Trend trading, I know sometimes it can ...

Trend Following - A Complete Guide

Merry Christmas — MERRY CHRISTMAS EVERYONE! Don't worry in the New Year I will post plenty of charts and setups, so that it becomes clear to everyone. Have a great day everyone!

Trend Following - A Complete Guide

I hope you all understood all of that! If you have any questions I will do my best to answer them, although please bare with me as it is Christmas and my beautiful daughters would not forgive me if I don't pay them complete and undivided attention ...

Trend Following - A Complete Guide

Final Pieces of the Puzzle — OK so we have talked about all of the tools that you need to make this work, well apart from trend lines but then, I guess trend lines need no explaining. So as you know we are looking to trade in the direction of ...

Trend Following - A Complete Guide

Been Busy — Hi Guys and Girls, Sorry for not posting the rest of the strategy yet. I have been quite busy leading up to Christmas, trying to plat Santa etc. I don't have the time at this second to complete everything so I will endeavour to do ...

Trend Following - A Complete Guide