>>>i show it having just gotten past the 50% i am using 1H and taking it from >>>the long wick swing high. Agreed Chris, I was taking my fib from the last pull back to dynamic resistance on the H1 chart but I think your fib has probably more weight. ...

Trend Trading All Pairs

The fact that USD/CHF failed to make a new high on the hourly worries me. Could produce a deeper pull back than we are hoping for?

Trend Trading All Pairs

Do you think AUD/USD has pulled back too far now? It's breached 61.8% of last impulse move down and is through the 50 SMA now.

Trend Trading All Pairs

NM, I've noticed that many retracements happen in two stages - an initial shallower move followed by a final steeper move. This results in 2 retracement trendlines and I'm getting confused as to which break I should be considering before my bpc ...

Trend Trading All Pairs

I'm looking at an H1 EU setup right now. If price drops through the H1 retracement trendline and pulls back to retest the round number 1.4750 then I think I'll be in on the continuation. I realize that price hasn't been bouncing as harmonically off ...

Trend Trading All Pairs

Thanks for the help NM. I think for now I'd best stick to pure trend trades and try to master one technique at a time. I understand target setting for those setups now but I'm not so sure about TPs for breakouts....just obvious resistance areas on ...

Trend Trading All Pairs

NM, Wonder if you could put me straight on a few questions that have sprung to mind please? You mentioned way back that you look for an R:R of 1:3 on your trades. Would that be an average of the 2 positions you typically place...so the first TP of ...

Trend Trading All Pairs

Yep, I'm a convert for sure. I'll post any setups I find and hopefully others will too. Looking forward to making a go of this..... Cheers, Dave

Trend Trading All Pairs

Cheers for the Hector link, lots to go at there

Trend Trading All Pairs

Thanks for the weakening trend graphic NM. Being an indicator guy I'd never noticed that behaviour before. The range seems to flatten and tighten up before the turn too. Great stuff. Wish I could back track a few years and completely avoid getting ...

Trend Trading All Pairs

Thanks

Trend Trading All Pairs

Thanks for your support NM, much appreciated. I'm going to keep working this method until it becomes second nature. I think I missed my opportunity to take my second TP near ADR which would have been around 89.00. It's a free trade now so I might ...

Trend Trading All Pairs

My First Trade Using This Method — NM, Well I've taken my first trade using your setup - this was on the CHFJPY pair which I know you were watching. I realise that plenty of resistance lies above and my first TP (last swing high on H1) ...

Trend Trading All Pairs

Thanks NM, that makes it very clear. Appreciate your help. Dave

Trend Trading All Pairs

Thanks for the quick reply NM, very helpful. Just to clear up question 4, this is what I'm looking for: 1. Price in a good uptrend on 1H (for example) 2. Price retraces between 38% and 61% to an area bounded by the 30 and 50 SMA lines. 3. Price ...

Trend Trading All Pairs

Great thread thanks — NM, I'd like to add my thanks for starting this thread and sharing your hard earned knowledge with us. I'm a great fan of trading with the trend but to date I've been focused more on the short term with targets of around ...

Trend Trading All Pairs

Basket rebalancing — Hi Sigma Trades, >>buyin seen at basket rebalancing pt.. 146.20s Your statement above caught my interest - are you referring to the rebalacing action that brokers/market makers must undertake to return to a net neutral ...

Trading with Deadly Accuracy

My first effort - thanks! — Great thread wmd, please keep it up! I took my first GU trade using what I hope was a wmd style entry on the 24th on the pull back to 1.6515 (top of the base formed on the 20th after the 200 pip drop with a strong ...

Trading with Deadly Accuracy

Thanks wmd, really appreciate your posts. I'll be taking more notice of S/R levels in future. Will watch this thread with interest..... One of the best threads I've come across by the way.

Trading with Deadly Accuracy

OK, thanks Lubo. I'll concentrate on MD for now. Dave

Trading Spot using Future data (Big Orders flow, Time and Sale)