Simple's Green Room

[Qui-Gon Kagi]

I am in absolute agreement with everything that everyone has had to say so far about the subject of trend trading versus trend reversal trading. The one thing I might add is that since pennies sees those TDI reversal setups as they are in process, we now have a better feel for when we do need to lighten up or exit any trend trades as we wait for the new trend to present or the old to return. And there are pips to be made during those TDI H&S pattern reversal setups. Nothing's absolute in trading, however the trend presents itself everyday and sometimes presents unbroken for days and weeks at a time with only 10 to 20 pip pullbacks in a given day, if that even, where the trend reversals don't always present each day in any given currency pair. As soon as I get out from under my EUR/JPY positions, I hope to begin trading with the trend instead of against it throughout each day.