Trend Trading All Pairs

Just hit my BE stop and already going higher. I am thinking to reenter but today is bank holidays. it still looks like is not making lower low, so probably if it moves higher I should look for reentry. if 1.388 is rejected probably 1.3850 would be reasonable entry. it kinda not good to miss possible move up.
probably I will pass it. G/U is still up there along with Eur/Chf and Eur/cad

on E/U daily chart MAs still point up but bent a little.also , it made lower low. Retracement trend line is intact. I will be waiting for 1-2-3 with break above 1.3825 and bpc across retracement line. than I will see. all on 4H chart.

it is only if yesterday's low will hold. otherwise, will be waiting where all this go. Probably trend reversal which is also fine. just go somewhere.

developing ......

You know, math does not work. I guess partial might be taken when risk is say 100 pips and we are up 600 pips...but I guess full size and trailing is better. i would fair better had I just trailed like I am trying to do now. The only thing, there must be trend.

Eur/Chf is kind of breaking through all that congestion. seen 170 pips already. will lock 100 pips profit after it reaches 1.3200

Yes here is the daily chart of the EURCAD, there is support at the 1.370 and a fib at the same spot so i do expect a little excitement around that area for sure, I am going to move my stop some and let it play out and see if that level holds or if it will follow all the way back to trend line which I have drawn on the chart as well.

--NM

Yeah, I have that trend line too. but no fibs on my chart. I will take it around 1.3700 if it gets there. too many BE trades. such support can make PA way too excited. I used to place orders there...

Things are not looking good for selling the usd, looks like risk aversion is kicking in. Yikes

awaiting further PA to short this monster

....... as suggested by price

awaiting PA for long

closed most of it @ be

scalping towards low

Red

http://2.bp.blogspot.com/_xC7lw-J4SP...nd+trading.gifhttp://dozvola1.blogspot.com/2010/04...-strategy.htmlhttp://dozvola1.blogspot.com/2010/04...-strategy.html
http://dozvola1.blogspot.com/2010/04...-strategy.html

ABC Trend trading strategy is a great tool!
I enter the position after turn C is finished!
I put Stop lose under point C when trading up trend.
I put Stop lose above point C when trading down trend.

For target I use money managment 1:2,1:3.
If target is not touched and turn B is over, must flat the position.
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I have try to trade this strategy and it is good when there is Hi volatility!
It works on all time-frames!
I see that 1-2-3 is break trough system. But ABC TREND TRADING strategy is to find entry into position near support or resistance line by using small time-frame to find bounce. Wave from C to B is the larger and we expect next B to be higher high if it's UP trend.Or lower low if it's down trend. Target could be money managment 1:2 or 1:3, or up-trend resistance line. But if we see the turn B is over and it didn't touch neither MM, or up-trend resistance line then we must flat the position no mater what!