yes indebted to gordon brown for all pips on £.

Trend Trading Chart Thread

yep same here. now watching cable for resell opportunities again provided it rises.

DanUK Simple EUR/USD Trading Journal 2009

usdjpy — CR, are you in on USDJPY sell at 90-ish? which other pairs are you watching?

Trend Trading Chart Thread

eurusd long? — was anyone long at 1.47 from yest? i was watching that position but missed the trade it would have been a riskier trade but now would have been at b/e

DanUK Simple EUR/USD Trading Journal 2009

this is not a pair that i follow ( i should) but since you mentioned it, i had a look. i think the 725 region wld have been a good entry since on the h1 price closed above it and its the 50% fib. however as at the time of writing, the price is 7346 ...

Trend Trading Chart Thread

its a good thing no one takes my observations seriously, not even myself!

Trend Trading Chart Thread

300 candles on h4 correspond to candles for about 50 trading days, so from july 09. zoom out to the max and then zoom in appropriately.

DanUK Simple EUR/USD Trading Journal 2009

castle, not too sure if usdjpy will go up to 90.50 level but in any case in my book too,its headed for a drop.

Trend Trading Chart Thread

Kean, i do not think Jacko ever said the retracement to be a trend change. he has consistently said that he expected a significant retracement to the support line or beyond. that is very different from saying its a trend change.

Jacko's Forex House of Pleasure and Pain

hey CR, i usually move my trade to + 10 when i am plus 100 so that's where i am currently. i am not too convinced that cable will break the lt upward trendline on h4 but lets see where that goes.

DanUK Simple EUR/USD Trading Journal 2009

Pip i change my trend lines regularly at the close of each day or if price moving a lot then at the close of H4 candles. see attachments. i have to caution you on taking my trading style as gospel. i entered into forex by accident this time in 2006 ...

DanUK Simple EUR/USD Trading Journal 2009

i always trade each pair independently, (except eurusd and usdchf), having said that i ONLY follow euro, cable, gbpchf, gbpjpy and very recently audusd. i am NOT in any current eurusd trade so for me the cable trades were a no brainer. i would still ...

DanUK Simple EUR/USD Trading Journal 2009

yup thks Dan. trade at breakeven now so whatever has to happen will happen. no stress. i might exit trade at 1.5883 or thereabouts since on my charts that's where the price will meet the long term upward trend line, should price drop in a straight ...

DanUK Simple EUR/USD Trading Journal 2009

oh yes, me too in on it. noticed the fib bounce AND short term downward trend line bounce. am in at pretty much same price.

DanUK Simple EUR/USD Trading Journal 2009

i think they mean the retracement from 23/9 - 2/10. apropos of nothing, a lot of people seem to be piling on Jacko for one loss making trade!

Jacko's Forex House of Pleasure and Pain

GU closed. EU still being watched — closed my GU long for 170 pips ( #561). as i mentioned this trade wasn't to Dan's rules but was off a bounce the long term trend line and hence mentioned here. $ is in deep dodo and £ is in similar smelling ...

DanUK Simple EUR/USD Trading Journal 2009

EurUsd - area of interest? — Dan, i am looking at the next level of interest at 1.465 or thereabouts. this based on support line on h4 from the low of 22/4 to 2/10, and fib 23/9 high to 2/10 low.. how would you read the charts? in my opinion ...

DanUK Simple EUR/USD Trading Journal 2009

i am long in GU, but this is off a bounce off the h4 trend line. am long at 1.59 and have currently locked 50 pips profit. this trade is NOT off Dan's system so please disregard.

DanUK Simple EUR/USD Trading Journal 2009

on the m1 chart? i hope you know what you are doing :-)

Trend Trading Chart Thread

charts? — nht, would you mind posting some charts on this? thks

Trend Trading Chart Thread