err, what set up?the price is nowhere near even the 50% fib

Trend Trading Chart Thread

was just asking. i am too raw to keep questioning the validity of other people's trades. if there is anything i have learnt in my 3 years of trading it is that its not the system that fails. most widely used systems will work if adhered to. its the ...

Trend Trading Chart Thread

i am sure everyone adopts this system ( or any system for that matter) to suit their personality. i know my limitations and strengths and based on what i know of myself i trade this system as mechanically as possible. i had no reason not to enter ...

Trend Trading Chart Thread

audusd — stopped out at 91.will place an ah trade once price reaches 9050

Trend Trading Chart Thread

nzdusd — anyone watching this for 7350 possible entry? btw those who have taken the usdcad, can i ask why u have taken it at 0650? curious

Trend Trading Chart Thread

given that my account is only 20% up this year from start of year, i am very much a newbie. ps: stop rolling about on the floor in laughter

DanUK Simple EUR/USD Trading Journal 2009

question: why didnt you enter at 1.67 given that two h4 candles bounced off the 50% fib (my 50% is at 6689)

Trend Trading Chart Thread

i closed my trade at 4960 since i wanted to bank 100 pips for a different reason. ultimately how you use sl and exits should suit your trading style and comfort zone. all i can say is that the idea of using 100 pip sl and moving them to be and then ...

DanUK Simple EUR/USD Trading Journal 2009

CR is right. my 50% fib was at 6548 at the time of taking the trade and i entered at 6550.

DanUK Simple EUR/USD Trading Journal 2009

i think if you zoom out on this very same chart you will see a lot of sideways movement. not my fave pair to apply this system too. currently most of the strongly trending pairs are in no trade zones, atleast on my charts, specifically eurusd, ...

Trend Trading Chart Thread

gold, silver — has anyone traded gold/silver using this system?

Trend Trading Chart Thread

closed this for 110 points. no current trades now

DanUK Simple EUR/USD Trading Journal 2009

stopped out for 200 points

DanUK Simple EUR/USD Trading Journal 2009

ok, this is a totally new wrinkle to me. i was under the impression, you entered @ round numbers based on reaction to 50% fib. didnt realise you monitored price hitting a round number, retracing and then entering at + 50 pips. how does the 50% fib ...

DanUK Simple EUR/USD Trading Journal 2009

can i ask why you think so?

DanUK Simple EUR/USD Trading Journal 2009

market and limit orders. is good enough for me.

Trend Trading Chart Thread

i use fxdd mt4 charts and trade on oanda. dont use oanda charts.

Trend Trading Chart Thread

not on my oanda platform nor offered on my fxdd mt4 charts so cant comment.

Trend Trading Chart Thread

eurusd — hope all antennae tuned to this pair for a 4800-4850 entry

DanUK Simple EUR/USD Trading Journal 2009

dunno. my 50% fib still remains at 6550. the price has not breached 1.69 recently, so a trade at 1.67 would leave just 200 pips breathing room. a high risk trade for me at that entry price. my 2 cents.

DanUK Simple EUR/USD Trading Journal 2009