Thread: Trend Trading

Well I overlooked the banana ship on the GU. Hoped to get a double dip and it chose to eliminate without me around 150 pips. Oh well... I'll find another pair someplace to hitch onto.

Should shut my place and get a bowl of ice cream.

Originally Posted by ;

Well I missed the banana Ship on the GU. Hoped for a double bounce and it decided to take off without me at around 150 pips. Oh well... I will find another pair someplace to hitch onto. Need to shut my place and receive a bowl of ice cream. image

Oh nooooo! I found that 150 pip bounce up off the double bottom and thought for sure that you'd catch it. Well, that is the game. While I slept I had kicked last night. My greatest two 3 stacked trades flipped and exited without a nada, zip, zilch. An error on my part. I might have scraped 100 pips off them. Oh well, I believe I may have heard something from that. Not, I'm a student. Enjoy the Ice Cream!

I expect I draw this trend line in the right way
USD index 1H currently touching the lower trendline.

as opposed of EUR/USD, also show the cover of the trendline 9and (around number 1.1350)


edit: it is breaking the bottom trendline (4H or reduced ), USD weakening.

Originally Posted by ;

I missed the banana boat on the GU. Was hoping for a dip and it chose to take off without me around 150 pips. Oh well... I will find another pair somewhere to hitch onto. Need to close my place and get a bowl of ice cream. picture

place on Taigen. GU is currently moving up. For my viewing, if yes, although its not an uptrend, then sick leap on its pullback that is later. On the opposing side, as I keep watching different pairs, atm Im on AU pairs. Losses cut on Chf crosses. These two days lol, not so favorable.

Originally Posted by ;

I expect I draw this trend line in the perfect way USD index 1H now touching the lower trendline. image instead of EUR/USD, also demonstrate the cover of the trendline 9and (around number 1.1350) image

I myself also see EU remains in downtrend. Nevertheless, Im not concentrate on whether down or up. My focus is on not or whether they fulfill my trading standards. In EU pairs instance, yes I already put a sell order on pullbacks however hasnt been triggered. The only winning trades of EU pairs so far in my account would be EN and EA as my order triggered hours ago and their are running now. Atm am looking the chance to adjust my SL. Or perhaps stacking on another open commerce (Graviton-esque trading fashion ). We'll see

Originally Posted by ;

quote I myself also see EU remains in downtrend. Im not really focus on if its down or up. My focus is really on not or if they fulfill my trading standards. In EU pairs instance I already put a pending sell order on pullbacks but hasnt been triggered. The only winning trades of EU pairs so far in my account would be EN and EA as my sell order triggered and their are currently running right down today. Atm'm looking the chance to adjust my SL at BE. Or perhaps stacking on a different open commerce (Graviton-esque trading fashion ). We8217;ll see

I think it seems king dollar only reach the peak and start weakening, I only cut all my'red-pips' pairs against USD.
Now I should rethink unique situations
USD keep falling to lower trendline around 96.50 or to encourage lineup 94.00

another situations on larger view

fundamentally, the forthcoming prediction for USD rate (8 November) will probably vibrate, and it'll induce usd downtrend on such day.

[quote=Graviton;11644566]Sad about several big overnight spikes that took me out split even

me too G. for me personally, cad and chf crosses have taken back some of my hard earned pips in the previous few days. You're not alone lol.

Now what? The four HOUR GU would suggest that the retracement is running out of steam. The stochastic is well into the 80% and the RSI is hovering . Notice on downtrend that the RSI never really makes it to split the 80% because the daily chart tells us it's in a downtrend and the it violates up the threshold . If it hits the 89 SMA, I will place a feeler pip brief and see what happens.

Notice the S/R history is fairly strong here.

Originally Posted by ;

Now what? The 4 HOUR GU would suggest that the retracement is currently running out of steam. The stochastic is well into the 80% and the RSI is hovering . Notice on downtrend that the RSI makes it to break the 80% since the daily chart tells us it is in the it breaks up the threshold and a downtrend . If it strikes the 89 SMA, I'll place a feeler pip short and see what happens. See that the S/R history is fairly strong here. picture

Maybe whatever it's that you're doing could be re-formed and connected to match the thread name, otherwise perhaps this should be posted elsewhere.

Instead of talking Trend trading and assorted elements surrounding it, it seems you are now just interested in talking your own personal views on pairs that you are trading.

Originally Posted by ;

quote Maybe whatever it is that you're doing could be re-formed and linked to match the thread title, otherwise maybe this should be posted elsewhere. Instead of talking Trend trading and various elements surrounding it, it seems you are now interested in talking your own personal views on pairs that you are trading.

Which exactly are you suggesting? The Trend Trading thread would be to be discussed academically without a skin in the game? I don't mean to offend but that sounds stupid. Because it applies to what they are doing, everyone , so far anyway, have discussed their trading strategies. Can it make sense to discuss, EU and not be positioning in it? To me, that's just blather. I like hearing people of their successes and failures in forex and to learn from them. The majority of my views were learned from the elements of gambling from others more skillful.

It is hard to Prove the confusion of thoughts that you're presenting.