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Trend Trading Chart Thread

  • #941
  • Feb 27, 2010 12:22am Feb 27, 2010 12:22am
something i am watching. cable on h4
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  • #942
  • Mar 1, 2010 12:43pm Mar 1, 2010 12:43pm
Quoting coolshades
something i am watching. cable on h4
So it was you who killed cable!! Did you have a go at the euro as well!!
  • #943
  • Mar 1, 2010 12:44pm Mar 1, 2010 12:44pm
Quoting Danku
hey coolshades,

the blind long entry on usdchf was ok and will always be okay as long as eur is dying......the usdchf & eurusd are STRONGLY negative correlated currently. Print the Daily or 4-hr charts of the two pairs and look at them..............made some nice pips on gbpusd short from yesterday..........why did i never ever trade with the trend...................

My usdchf and eurusd demos are all in some good profits and soo is my eurcad short.................cheers
Ah I see it was Danku who killed the euro!!
  • #944
  • Mar 1, 2010 12:46pm Mar 1, 2010 12:46pm
Quoting vicky_ag
Dan, I dint mean that way. BE is infact a winner. Looks like I need to chose my words very carefully, especially the negative ones.

Anyhow, I shorted down from 1.36 as it fell on one of my TL's.
The trouble with typed conversation is you cannot convey the feeling behind the words very well!

I know you weren't being negative though so it's cool!

Hope everyone is making some pips... major moves today - did anyone trade them?

Regards,

Dan
  • #945
  • Mar 1, 2010 1:50pm Mar 1, 2010 1:50pm
i caught a bit on the cable. i had mentioned earlier i was watching that pair.


i am having an ongoing dispute with oanda regarding some trades getting cancelled, else my euro short would be 150 pips now.

in any case, i expect this week to be good pip making week. lot of fundamental data coming out to send the pound and the euro down the toilet.

Quoting DanUK
The trouble with typed conversation is you cannot convey the feeling behind the words very well!

I know you weren't being negative though so it's cool!

Hope everyone is making some pips... major moves today - did anyone trade them?

Regards,

Dan
  • #946
  • Mar 1, 2010 2:06pm Mar 1, 2010 2:06pm
These are the ones I've got my eye on.

Any thoughts much appreciated.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 01marchtradeplanaudusd.jpg Size: 83 KB
Click to Enlarge Name: 01marchtradeplaneurusd.jpg Size: 68 KB
  • #947
  • Mar 1, 2010 2:49pm Mar 1, 2010 2:49pm
Ok am in short now on AUDUSD @ 0.9010 was going to hold out a little longer for a better price but then seen a small pin on the TF15 an with a 50 pip stop should be plenty to keep me in the trade.

All eyes on the EURUSD seems to be slowly moving north into my rifle sights
  • #948
  • Mar 1, 2010 2:55pm Mar 1, 2010 2:55pm
Also forgot to mention was happy to get in now as I have been Intraday all day and been getting some very unfavourable stares...

Over 1% up for today so no complaints lets see if we can get another one in on the EURUSD before heading to bed.
  • #949
  • Mar 2, 2010 2:54am Mar 2, 2010 2:54am
Hi Dan,

Yes i made a few trades yesterday, listed below:

USDCHF long @ 10763.
Very late entry off support @ 10717
TP = 10800 for +37pips

EURUSD short @ 13581.
Price stalled @ 50% Fib just below previous bar lows
TP = 13541 minor support line for +40pips

AUDUSD long @ 8972.
After 30pip bounce from support line @ 8945
TP = 9000 LARGE round number +28

USDJPY long @ 8919.
Off support @ 8890 area 30 pip confirmations bounce
TP = 8945 started to struggle close to previous bar highs +26pips

Total = 131 pips today.

I think my exits need allot of work so please feel free to give me your ideas :-)


Quoting DanUK
The trouble with typed conversation is you cannot convey the feeling behind the words very well!

I know you weren't being negative though so it's cool!

Hope everyone is making some pips... major moves today - did anyone trade them?

Regards,

Dan
  • #950
  • Mar 2, 2010 3:29am Mar 2, 2010 3:29am
Hi all,a couple of charts i am interested in today:

USDCAD
Looking to see if the 10400 area will hold as support so i can go long.

USDJPY
Looking to see if 8900 area will hold as support also for a long trade.

All ideas welcome.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdcad.JPG Size: 184 KB
Click to Enlarge Name: usdjpy.JPG Size: 168 KB
  • #951
  • Mar 2, 2010 4:20am Mar 2, 2010 4:20am
Hey Bez,

I've been watching these two myself. I only trade with the trend which from what I can see is down in both instances?

Or maybe I should ask a five year old to be sure

Any feed back welcome.

James
Attached Image(s) (click to enlarge)
Click to Enlarge Name: march2ndtradeplanusdcad.jpg Size: 83 KB
Click to Enlarge Name: march2ndtradeplanusdjpy.jpg Size: 84 KB
  • #952
  • Mar 2, 2010 4:36am Mar 2, 2010 4:36am
dont think bez's trades conflict with your charts at all!!!!


Quoting redbaron1981
Hey Bez,

I've been watching these two myself. I only trade with the trend which from what I can see is down in both instances?

Or maybe I should ask a five year old to be sure

Any feed back welcome.

James
  • #953
  • Mar 2, 2010 7:03am Mar 2, 2010 7:03am
Charts can be very subjective but i see ranging pairs at the moment.

Quoting redbaron1981
Hey Bez,

I've been watching these two myself. I only trade with the trend which from what I can see is down in both instances?

Or maybe I should ask a five year old to be sure

Any feed back welcome.

James
  • #954
  • Mar 2, 2010 10:34am Mar 2, 2010 10:34am
Yea, Im struggling to find any trends at the moment so am saying out the market.
  • #955
  • Mar 3, 2010 1:41am Mar 3, 2010 1:41am
anyone gone short on these three?
  • #956
  • Mar 3, 2010 4:35am Mar 3, 2010 4:35am
I was short on the euro but got stopped out at breakeven looking to reenter soon.
  • #957
  • Mar 3, 2010 5:35am Mar 3, 2010 5:35am
wait for a 50 pips past your stop out to enter again.

me thinks your trade was a bit too soon on euro, if you had entered at 3600 you would still in play.


Quoting redbaron1981
I was short on the euro but got stopped out at breakeven looking to reenter soon.
  • #958
  • Mar 3, 2010 9:30am Mar 3, 2010 9:30am
Quoting coolshades
wait for a 50 pips past your stop out to enter again.

me thinks your trade was a bit too soon on euro, if you had entered at 3600 you would still in play.
Coolshades, I think there is not much a trend to trade. EU is ranging too much. GU has recovered from the beating and moving ever so slowly.

Feels like we are having a bank holiday today.
  • #959
  • Mar 3, 2010 9:48am Mar 3, 2010 9:48am
very normal for nfp weeks.

Quoting vicky_ag
Coolshades, I think there is not much a trend to trade. EU is ranging too much. GU has recovered from the beating and moving ever so slowly.

Feels like we are having a bank holiday today.
  • #960
  • Mar 3, 2010 4:30pm Mar 3, 2010 4:30pm
These are the 2 resistance areas where I am looking to short next. Thats the nice thing with the anti hedge if I get took out on the trendline I just leave an order there to be picked up on the way down and have a crack on the 50% fib.
Attached Image (click to enlarge)
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