am with you on eurnzd. will go long if daily closes above that trend line and if there is a retracement closer to the trendline. eurusd, dont see a reason to short. i am staying out of it as of now since i cant read it.

Trend Trading Chart Thread

cable pin bar — there is an obvious pinbar off s2, which if peeps took should already be 1:1. i didnt take it since i thought the down move is too strong. nothing else happening for me

DanUK's Intraday Experiment

for next week — nothing for me. my eurgbp short is still in place from 8200 and if the next daily closes above the downward trend line but without hitting my sl, i shall close my short for a loss. in any case i have already recovered any ...

Trend Trading Chart Thread

activity — my short eurgbp is still alive, but who knows what might happen. i am prepared for it to be stopped out. in the meanwhile, i have closed 250 pips off a long on gbpcad and still have one small position open. i somehow keep missing on ...

Trend Trading Chart Thread

nothing for me too. i recovered all my losses of two days back, but from different trades not intra.

DanUK's Intraday Experiment

hmm... nope dont want to do that. i am not going to add more indicators or more stuff to my charts to get me to trade. i am sure median lines work, but they are not for me. that chart i posted was not of a trade i took but to explain (in ...

DanUK's Intraday Experiment

what are median levels?

DanUK's Intraday Experiment

chart reading — a moment after understanding those boxed areas and why price shot up.

DanUK's Intraday Experiment

who else is short eurgbp? i missed the cable ride (as usual),because i was waiting to get in at 4800. anyway, time to go long on cable at suitable retracements. cable is long for me unless price closes below 4800. euro i am less sure off. the ...

Trend Trading Chart Thread

nope. not a single setup for me and today have been watching charts on and off. i didnt take that particular trade because: as pa: i would have wanted that pin to close as a bear pin or atleast open and close very very close to each other i am ...

DanUK's Intraday Experiment

presume you have moved to b/e?

Trend Trading Chart Thread

eurgbp — i am atlast going to enter the pond tonite (that's a definite maybe). i rarely trade this pair but this set up looks too good. if the price bar closes below the 8200 level tonite, i will set a limit sell at 8200 with stop in 8350 ...

Trend Trading Chart Thread

lj, cant anser for dan, but for me a buying climax is what you described, high range price bars with price of the last climax bar closing near high or middle and next bar being a red bar. in this particular trade, the buying climax were for me ...

DanUK's Intraday Experiment

yes i would have taken this trade. i am just back from work meetings and loaded my charts. my only thing is that since price is declining all day, i would move to BE much quicker than the 1:1 move.

DanUK's Intraday Experiment

failure to close beneath the pivot for quite a few bars despite lot of attempts and then the long tailed pinnish bar, that thrust below pivot but ended up closing above pivot. note: i didnt take this trade, but it jumped out at me. i didnt take any ...

DanUK's Intraday Experiment

i have managed to look at charts only now so obviously no trades for me. however, below is a trade that i would have taken if i was around.

DanUK's Intraday Experiment

thks for that link. i will lose a lot, and i mean a lot, or respeck for davy boy if that happens.

Trend Trading Chart Thread

well my gbpcad daily candle closed at 5898. so wait and watch tomorrow. will now look for closes on h4 candle above 5900.

My path to financial freedom

i will firstly want the daily to close above 5900 (in gcad's case). depending on how far away it closes from 5900, i will place a limit buy at say 5950.. if it closes just above 5900 by a few pips, i will buy at market, but very low lot size. this ...

My path to financial freedom

i am more in favour of gcad because gnzd has an immediate resistance of 2.2 i am not sure of s/l yet, since this is new to me (trading trend line breaks and against long term trend)

My path to financial freedom