Hi Bez, Nice chart. I played this one for fun on a very short timescale - took 40 pips and closed out. I have been watching EUR/USD for quite some time now. Something is going to happen - I think it wants to go higher in the very short term. Ive ...

DanUK Trend Trading Journal 2010

Time frame — You know, this makes me smile. If you can't look at a monthly chart and know where the long term trend is, then shame on you. As far as worrying whether the trend is going to change, how much time do you think you'll have to ...

The DIBS Method... No Free Lunch continues

After the impulse wave, I am watching EUR/USD very closely now. I'm already in the long term trend, but would like to add to it at some point. Still short on GBP/USD. This is a playful bet!

DanUK Trend Trading Journal 2010

Just shorted GBP. Am I concerned if it goes against me in the short term? No.

DanUK Trend Trading Journal 2010

Impulse wave finished at 10.15 am on 5 minute.

DanUK Trend Trading Journal 2010

I feel there is a breakout coming soon.

DanUK Trend Trading Journal 2010

Laughed out loud on this one. I know you warned everyone: "Sprechen sie Deutsch?"

The DIBS Method... No Free Lunch continues

A little light humour: Where's EUR/USD going by the end of the year? I think around 1.10. If I'm wrong I'll be big enough to admit it. Where's GBP going? I imagine to hell and back considering the economy. Probably why they're now trying to "steal" ...

The DIBS Method... No Free Lunch continues

Yes, I agree, although I would be surprised if this pair broke trend. I was looking at the oracle this morning (market oracle) - nice piece on currencies (JPY).

DanUK Trend Trading Journal 2010

correction: the above should state: "I look to trade every day with significant money". I won't take the "bait" again. I like that one too. Knight Rider

The DIBS Method... No Free Lunch continues

I've never come accross such a prickly bunch of people. My views aren't aimed at any one individual - I don't take things personally. I couldn't care a less what anyone thinks of me - I just like contributing and listening to others contribute. ...

The DIBS Method... No Free Lunch continues

I think you're on the right track with point 1. I also think RB is also on the right track with his timframes.

The DIBS Method... No Free Lunch continues

Hi Russia Trader, I have followed some of your posts with interest, not least because you say what you mean and be damned with the consequences. I like people to be honest and express themselves in open forum. We are actually singing from the same ...

The DIBS Method... No Free Lunch continues

Perfect charts. Thank you. I understand exactly what you mean now. My analysis had 1.38 as an entry to go short (following shorter term patterns). It is quite conceivable that this consolidation is forming a triangle with 136.50 as one of the last ...

DanUK Trend Trading Journal 2010

If I was trading on daily, I would risk 2%. If I was trading on weekly or (even better) monthly, I would risk a lot more. I know, because I have! Your analogy RB is correct - it is a shame some things are lost on some people - they don't bother to ...

The DIBS Method... No Free Lunch continues

EUR/USD — Had a gut feeling EUR/USD wasn't ready to give up. Will look for a much better set up than I did before. I wasn't comfortable with shorting at 3650 - a school boy error. At some point (I was thinking around 1.38) you want go short on ...

DanUK Trend Trading Journal 2010

ta

DanUK Trend Trading Journal 2010

Got a bad feeling about this. Closed out. No harm done.

DanUK Trend Trading Journal 2010

I've gone short (36.50) with small amount to test your theory. Maybe it doesn't have the legs this time?

DanUK Trend Trading Journal 2010

Thanks Mr "Coolshades" - like the name. Yeah, I figured as much - I am trying to get an entry level much closer and I think Dan alluded to this when he asked about price action and yes I do look at this very closely around turning points. This is ...

DanUK Trend Trading Journal 2010