fundamentally in my inexperienced opinion, nothing has changed. $ is still in the crapper, so is £, Euro is seen as a safer haven compared to the two. until the US economy significantly turns for the better and unemployment starts reducing, i dont ...

DanUK Simple EUR/USD Trading Journal 2009

Dan, wrt to lower high, lower low, higher high, higher low or whatever, surely a trend will not change based on ONE daily bar? unless that daily bar is a few 1000 points! and even then probably not! i lost my cool because that is what i thought ...

DanUK Simple EUR/USD Trading Journal 2009

huh?

DanUK Simple EUR/USD Trading Journal 2009

sorry, that language was uncalled for. bad hair day !

DanUK Simple EUR/USD Trading Journal 2009

herzog, sorry to be harsh but your chart is irrelevant. this system doesnt really care if tops or bottoms or reached and i think no trader should call tops or bottoms irrespective of what system they trade. i have mentioned a few traders i follow ...

DanUK Simple EUR/USD Trading Journal 2009

yes.

DanUK Simple EUR/USD Trading Journal 2009

relax, you are not alone.

Trend Trading Chart Thread

Pip, are you following Dan's other thread, the trend trading thread? if you do you will note that Dan also trades USDCAD and AUDUSD (maybe more but he hasmentioned those)

DanUK Simple EUR/USD Trading Journal 2009

xar, fxbook doesnt have the latest position?

$5k to infinite

statistically? in my life i havent back tested a system :-) so i dont know about stats. but i know that of the losses i have had, almost 80% were recovered via AH. yes i could let that AH run and price is already a good 20 pips above my closure ...

Trend Trading Chart Thread

am in on eu too at 4850

DanUK Simple EUR/USD Trading Journal 2009

audusd — i closed my audusd long from 9100 for 120 pips. my trade was an AH trade essentially and in AH my primary goal is to recover lost pips.

Trend Trading Chart Thread

another hint — this system does not work to tps. and i think we also need to be aware of the danger of adding more and more filters to complicate system. at the end of the day, as i have said before and i am sure all experienced traders will ...

Trend Trading Chart Thread

thks, but lets not get carried away here. my 1st two years went nowhere and only this year things are falling into place. secondly i am trading a micro acct on oanda. there are far better traders than me on ff, direct-trade, xaron, our own dan for ...

DanUK Simple EUR/USD Trading Journal 2009

ok, interesting. have a look at euraud. by my reckoning we should have a 6200 short entry early next week (assuming!) have a good w/e all.

Trend Trading Chart Thread

OK. NOW i see what you meant by the 24th/25th Nov comment in the earlier post. also these two charts make it much clearer how you are adapting Dan's system. I frankly could not follow your earlier charts (too many lines and i am thick). so ...

Trend Trading Chart Thread

bbc, check out danuk's threads. very similar method

The Really Really Boring Forex System

are you joking? — xaron, i hope this thread is in joke! your are much too good a trader to trade like this!!!

1 pip per day (at least)

some interesting comments by Jacko on R:R on his thread. on eurusd and usdchf i dont see why these two have to be trades separately. one might just as well double the lot size on one of those two and just trade one of those two.

Trend Trading Chart Thread

thats the same point i am making. usdjpy has so low volatility that to get to that region might take ages!

Trend Trading Chart Thread