AU is interestingly poised right now. the 9000 has been a strong resistance. however Dan would have already moved his trade to BE so for him its a free ride now. i did take 100 pips off it yesterday, 89 entry 9000 exit.

DanUK Trend Trading Journal 2010

tg, this is off the 200 sma i presume

The WoRmHoLe

200 sma — wb, how do you use the 200 sma while scalping? i noted that you have slapped it on your m1, and m5 charts.

The WoRmHoLe

hi Dan, was actually looking to sell audusd at .9 and buy usdcad at 1.04! audusd my plan was to sell at .9 since price had stalled at that area which also happened to be confluence with a downtrend, and move price to be as soon as it hit lower trend ...

Trend Trading Chart Thread

hmm, i know there was a discussion on exits, but i believe that discussion was related to wb's exits on swing trading. i am interested in wb's scalping approach and hence my queries.

The WoRmHoLe

wb, what are those vertical and diagonal lines on your scalping chart? secondly, i note you use straight forward pa on your scalping, like double bottoms, doube tops, pin bars and engulfing bars. do you use hard stops or mental stops? and what kind ...

The WoRmHoLe

audusd and usdcad — why o why did i miss these trades when i knew at what level i wanted to take them

Trend Trading Chart Thread

eurousd — wonder if anyone managed to get into the sell? i missed this totally.i mean today's fall

Trend Trading Chart Thread

its chihuahua actually. please quote me posts where i have encouraged xaron to take any particular trades? put up or shut up you pathetic creature.

$5k to infinite

I work full time in a business environment and I think traders as a species are most in love with dishing out advice at the drop of a hat. Despite the fact that caron has admitted where he has gone wrong and also stated that his main account is ...

$5k to infinite

dan, i am not an expert ( if that was a dig at me) , i have openly acknowledged i am the stupidest trader on the planet

Trend Trading Chart Thread

i would have taken this trade if i hadnt been short earlier. 8910 is a place to watch since it hasnt gone since december.

Trend Trading Chart Thread

wb, re stop losses, i noticed that your initial stop loss on a trade is quite large. is that so that your trades can breathe? do you follow any specific risk to reward ratio, or you dont bother with that? thks

The WoRmHoLe

i did say its not for all. and i am not recommending it or any system to anyone. everyone has to find their own equilibrium

Trend Trading Chart Thread

just one comment. this get rid of losers and let winners run, is basically a myth. its very good advice for new traders, however i know several very experienced traders who trade 7 figure accounts and who let their losing positions run till they ...

Trend Trading Chart Thread

you mean the audusd short? i closed that already. i dont always let my trades run. basically i trade from major s/r to major s/r. so if i am long or short in a position and price hits a s/r and retraces, then i will exit that position, and renter in ...

Trend Trading Chart Thread

i am on antihedge audusd and loving it. shorted cable too and loving that too. why i went short on cable at 5700 ooh la la, what a lovely day, grey though it might be.

Trend Trading Chart Thread

euro and audusd — euro is at be now, audusd stopped out and anti hedging now. dont know why i missed the usdchf trade

Trend Trading Chart Thread

are you both long and short on eu?

100 to 1000$ in a day regularly Target

euro — watching current h4 candle close. btw whoever introduced jing here, thks. thats a fantastic piece of software

Trend Trading Chart Thread