Follow the trend

I'm a trend trader that uses support, resistance, fibs and a few other indicators. Plus I wait for candle formation for confirmation.

Here's my most recent trade.

Eur/Usd .....3/31 2pm..........Long at 1.3265.

My trades last days since I go off the Daily chart. I look at 30min and 1hour charts for entries and exits.

4/2 12pm....Eur/Usd trade.....Its approaching a support level so you can take some profit. its currently at 1.3460. Bank some pips baby.

I also when long on Gbp/Usd the other day with the eur/usd trade but forgot to post it. I closed that trade with a big profit.

Closed Eur/usd Since Nfp Coming Up.

4/2 11:50pm....closed At 1.3440

Looking To Short But Waiting Til After The Nfp Report.

Usd/cad Short.....4/3....8:42 Am.....1.2396


Eur/usd Long....4/3...8:42 Am ....1.3418

Ok here is a chart of the GBP/USD trade. As you can see from the previous trend line and support levels, it coincides with the fib level. I waited for a bull candle to close then I jumped in. Plus the big wick on the previous candle shows that its about to turn up. After trading for awhile, you will be able to spot the candle formations before entries. Its little things you will pick up that helps your entries.


As you can see that its in an uptrend from 3/11, and i waited for the retracement bounce of the support lines and fib levels. I believe that this will stall around 1.4880 (support/resistance line on top of chart). Where my original exit point is but I exit the trade before because of the NFP report.


I tried to be as clear as possible but if you still have questions, feel free to ask me.

Ok the Eur/Usd trade, my TP is around 1.3660. Just right before the recent high. You can close half and leave the rest. It might go pass it.

The Usd/Cad trade, my TP is around 1.2200. Same reason as the eur/usd trade. Just right before the recent low. It might pass that point as well.

I do not put hard TP or SL on my trades. I mentally monitor the trades. If its still strong, I just let it run.

Like I said before, let the winners run and cut the losers.

Bank them pips baby!!! Go visit my blog if you like what you see.

Wow, we had a crazy retracement. I hope some of you guys took some profit. I’m still in it though. It should be turning around now. If it drops another 30 pips or so, I will get out.


If USD/CAD goes to 1.2465 and if EUR/USD goes to 1.3345, I will get out and take the lost. Better to have lost a little than lose alot.

EUR/USD and USD/CAD:

I decided to close the positions. I just didn’t like the way it look. Cut the losses and move on.

Took some trades today.

GBP/USD long at 1.4728
USD/CAD short at 1.2319
NZD/USD long at .5788

Lets see where its gonna go by the end of the week.

All 3 trades are looking real good. Up about 100 pips on each trade. Still in the trade. Everything still looks good.

Eur/jpy and gbp/jpy looks good for a long as well. I might jump in on it.

CLOSED ALL POSITIONS.

GBP/USD at 1.5000 -----profit about 270 pips
USD/CAD at 1.2030 -----profit about 290 pips
NZD/USD at .5790 ------profit about 50 pips.

I did jump on the EUR/JPY trade but it retrace back. So I lost about 160 pips on this trade. Oh wells. I'm still looking at EUR/JPY. This time I'll wait for a candle formation. Still looks good for a long.

Long EUR/JPY at 131.15

CLOSED the EUR/JPY position for a 130 pip lost. Oh wells. It didn't turn after all.

Went long on USD/JPY at 99.60. Should be a good trade.