Trend Trading All Pairs

Quoting NightMoves

Disliked

I think you have taken another fine trade the way it looks, my GBPUSD is still going so far....My drawdown was 7 pips, but it cleared that fairly quickly..Right now I am +40 pips...Moved to BE+1 SO now I need to look for another one...LOL

Ignored

Quoting Custos

Disliked

nice, gbpusd seems to be going down steadily. hehe, good that we make a lot of profit here in this thread. I think I was hunting enough pips for the day, time to sleep over here . Gonna be back for the london session tomorrow, hopefully we got some other nice setups and our two trades will be very much in profit by then.

best regards

Ignored

Quoting Custos

Disliked

a new trade I got into.
attached is the gpb/aud h1 chart.

gbp/aud broke out of previous uptrend to the downside, now tested 38.2 fib, downtrendline, previous up-trendline, round number and S&R level. I think you can't have more confluence.
Still waiting to get my first target hit. I had a max drawdown of 3 or 4 pips on this trade so far (excluding spread).
R:R would be 7:1, if price hits all my targets.

best regards

Ignored

Quoting bjorn

Disliked

Hi NM,

I'm new on this thread, and currently going through it from the start. Really like this method, so thanks for starting the thread. Can you show your trigger chart on that GBPUSD trade? The way I see it, there are two places where one could have entered short on a 1-2-3 formation, on break of 1.5634 or break of 1.5605.

Thanks, Bjorn

Ignored

Quoting NightMoves

Disliked

HI bjorn,
Welcome to the thread, here is how I entered:

I enterd off of the 15 minute time frame, the bounce off the round number and the 1-2-3 along with the confluence of S/R is what lead me to enter at that part, we had a lot of room on the ADR and I moved the SL to where you see it, when I started getting closer to that trendline...

--NM

Ignored

Quote

Disliked

I found these forex groupies hanging out around my house.... Attached Thumbnails http://cdn.forexfactory.com/attachme...1&d=1265674870

Quoting NightMoves

Disliked

My GBPUSD trade just had the second half stopped out at +51, so still a good trade...

--NM

Ignored

Quoting EntropyLad

Disliked

I see...you like milk with your pips....dirrrty dawg!

Research found that looking at female breasts = going to the gym for 30 minutes per day, it prolonged men lives by 5 years. It was published in New England Journal of Medicine.

http://www.wholefitness.com/looking-breasts.html

Ignored

Quoting EntropyLad

Disliked

I see...you like milk with your pips....dirrrty dawg!

Research found that looking at female breasts = going to the gym for 30 minutes per day, it prolonged men lives by 5 years. It was published in New England Journal of Medicine.

http://www.wholefitness.com/looking-breasts.html

Ignored

Quoting Pip Dawg

Disliked

I will live an extra 100 years!

Ignored

Quoting Pip Dawg

Disliked

I will live an extra 100 years!

Ignored

Quoting Custos

Disliked

Since today there are no really good setups, I want to post something I got into earlier today, but that is more based on expectations and against overall market trend.
I expect price to retrace back to around 1.3850. Now since price came down to the retracement trendline, which coincided with an S/R level and the 76.4% fib retracement, I took a long....

Ignored

Quoting NightMoves

Disliked

My GBPUSD trade just had the second half stopped out at +51, so still a good trade...

--NM

Ignored

Quoting EntropyLad

Disliked

If GBP/CHF breaks the trendline to the downside, that will look good for a LOB trade...1hr/15mins short. However, it is close to the previous low where the SNB intervened in the market, as such, i will have to let this one go. GBP news in 2hrs.

EUR/CAD h4/h1 short...still a long way before full development...

Ignored