Hi DB, yeah i would of taken profit at the previous high i guess but i was at the charts. Also i took the break of the trendline on that chart i showed to it would of only been around 10 pips or so.

Forex Day Trading

Hi DW, thanks for the charts and advice, really appreciate it The problem i had with drawing my s/r levels is that i was going too far back on the charts. Today i drew my lines using the last few days and got them spot on. Price stalled ...

Forex Day Trading

Hi DW, thanks again for the help. I was wondering if it would be possible for you to explain how you draw your sup/res lines when trading on the 5 min. I know it seems like a stupid question but i find myself drawing so many lines combined with the ...

Forex Day Trading

Thanks DW for the charts and help, really appreciate it. I cant believe i didnt see that channel on the high timeframe. Also, is anyone looking to short EU at the 'neckline'. It looks like a head and shoulders pattern. could see a move to about 250 ...

Forex Day Trading

EU 5 Min — well, things not going well for me. Every trade i have taken so far the last week and a half has been a loosing one .. except for one EU 5min today retrace back up to round number, pin bar, took the break of the low. Do you think ...

Forex Day Trading

Has this method changed much from the original rules ? Cheers Dan

Trading Made Simple

Morning All Currently looking for some kind of pullback to enter long on EU . Price has broken that key level 1.3690 Dan

Forex Day Trading

Hi DW, Thank you very much for taking the time to write this detailed reply. This has really helped me. I need to start looking at the higher timeframes (e.g. daily) to see if we are at some sort of key level. Sometimes i just get 'stuck' to one ...

Forex Day Trading

Hi DW, Im confused as to some of you latest trades including this one. On that 5min EU trade, what was your reason for taking a short ? To me it looks like price had broken upwards out of the earlier london range, then spiked above the 1.3500RN ...

Forex Day Trading

Yeah i've been looking at the longer time frames the last week but nothing much to trade + i only look at a few pairs. Its just that my sleeping pattern is way off at the moment. ive been sleeping at around 4am .. cant seem to get to sleep any ...

Forex Day Trading

Seems like a counter trend trade ? From your charts you usually trade with the trend. what made you take this one instead of waiting for it to break below the round number ?

Forex Day Trading

Nice trades this morning DW I see you are trading 5min GU now aswell. Ive stoped trading for a bit because i simply cant wake up in time for the London session ... and i live in London. Been waking up at 11 - 12. Dan

Forex Day Trading

Hi DW, whats the highest time frame you would look at to dertermine the trend when trading the 5min chart. Im thinking that the 1hr chart would be high enough since you could get a 5min trend within just 1 4hr candle

Forex Day Trading

Hi DW, what are you thoughts on this (quote) trade ?

Forex Day Trading

any reasons as to why you would not take a trade in the middle of the days range ?

Forex Day Trading

Afternoon all, Just had a look at the charts now, been out most of the morning. Did anyone take this trade ? Would of failed though image

Forex Day Trading

Nice one DB! Completing a marathon is a major achievement. Congrats!!

Forex Day Trading

LOL, this is a little off topic but i typed forexfactory into google and this video came up on youtube about this fool claiming FF is a scam. Just listen to the nonsense this guy says. video

Forex Day Trading

Im off to. See you guys monday Dan

Forex Day Trading

Did you take the break of that pinbar ? I took an earlier entry on the 1M for a loss then that pinbar formed and decided to just let it go. But if i hadnt taken that 1m trade i would of taken that 5min pinbar.

Forex Day Trading