Nice chart Eric. It shows Sho's entry style very well. I didn't take them all but that's the approach I used to ride and build my position on EU & GU today. Because of news I was cautious and took 50% off before news time. Move the SL's up, and ...

Buildcity's Trading Journal

Great work Eric

Buildcity's Trading Journal

Eric are you spying on my laptop? Yes my friend, I'm long EU & GU after news. Just closed 50% of each position. The rest rides at BE. Have you had a good week? Rob

Intraday price action trend trading

It's been a week — Hi guys, it's been a week since I posted as I was away on a short holiday and since I came home, I had a lot on. I hope the market has been generous to you all More soon. Rob

Intraday price action trend trading

Well done Eric. That's one of the advantages of taking small quick wins.

Intraday price action trend trading

Short lived and stopped out for a 15 pip loss. I could have closed the trade for about a 14 pip profit, but I waited and this time I lost. OK that's it for me guys. I wish you safe and profitable trading. Rob

Intraday price action trend trading

Last trade till next Tuesday — This is my last trade until next Tuesday as I'm going away. I caught two very good moves on GBPUSD & EURGBP this morning. Now here's my final trade of the week off the 15 min pin with the trend. Let's see how it ...

Intraday price action trend trading

Ha ha ...of course not mate

Intraday price action trend trading

Hi Xeqter, In my view, it was a valid entry but I didn't see a lot of flowing movement in the market after about 11am London time. I put that down to the major news that was due out today so I felt it was prudent to steer clear and preserve my ...

Intraday price action trend trading

Not with the 15 min trend, but it is with the 1hr (if you look at the Keltners) ...and an interesting fib zone too. Let's see how the 1hr bar closes. Rob

Intraday price action trend trading

Eric you dare devil The market has been a bit dull for the last 3 or 4 hours for my liking. As if it was just preparing for news so I was on the sidelines. Let's see if that "worse on record" new home sales figure causes a late negative ...

Intraday price action trend trading

Shahab, our thoughts align 10 pip TP with 100 pip SL would be very silly wouldn't it. But seriously, small risk is a key component of my trading style. Even if I do hit a big winner, the risk upon entry would have been minimal. Good to get your ...

Nearly Naked (Simple Trades)

Marc I understand how you feel. From my début days in this business, I was reared (like most) to think that I need to shoot for hundreds of pips and it took me a long time to see the light. For me, this is not a game of "How many pips can I get". ...

Nearly Naked (Simple Trades)

Daily Food for Thought — The bigger picture ... (of course there are even bigger ones and today's bar is yet to complete)

Intraday price action trend trading

I was lucky You bank lots of small profits Eric. I take many of the same trades as you but when you bank small wins, I sometimes wait too long and get stopped at BE. It's one of my bad habits that I'm working on. It's a balancing act, which is ...

Intraday price action trend trading

Final trade of the day — Below is my final trade of the day. Closed the whole position for 55 pips so that I can knock off and enjoy a glass of wine Trade safe everyone. Rob

Intraday price action trend trading

Position now closed for 55 pips. A few more thoughts below. Rob

Nearly Naked (Simple Trades)

GBPUSD Long after retrace — We saw 130 pips of healthy 15 min momentum bars followed by a small retrace after news (with little momentum). Speed is the differentiator between the bull and bear moves that we've just seen. Retrace over, we could ...

Nearly Naked (Simple Trades)

The remaining 50% is still running, currently up 61 pips. SL moved up (to below the previous 15 min bar) to lock in about 25 pips on this remaining 50%. Existing Home Sales out in 20 mins so let's see what happens. Either way, a good trade. Rob

Intraday price action trend trading

Another 15 min entry — I was a bit slow but still got an ok entry and banked about 30 pips on 50% of the position. The remaining 50% is still on with SL at BE. Rob

Intraday price action trend trading