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- liangko replied May 31, 2011
NZDUSD — Other than EU, NZDUS also looks promising. It broke 0.8000 major level last week and is now breaking the resistence level.
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- liangko replied May 3, 2011
Sigh, do not know what happen to GU this evening caused the sharp drop. My position died at BE just like that.
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- liangko replied Apr 29, 2011
I have also one long position GU and still can't find another good opportunity to add position. Can I know which price you entered long?
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- liangko replied Apr 8, 2011
I think I better try this method in demo first to avoid further losses. I find myself has not reach the level where I can trade live yet Is there any forex broker offers unlimited period of demo account? I tried AVAFX but the demo account only last ...
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- liangko replied Apr 8, 2011
Is it true that usually after a breakout candle you will wait for the retracement for the price to come back? Just like the USDCAD pair you commented earlier. Thanks.
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- liangko replied Apr 7, 2011
Hi all, Can this long bullish candle be a long signal candle? Thanks.
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- liangko replied Apr 7, 2011
Nomask, Is this considered as pin bar? Is it a good price action signal for long? Thanks.
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- liangko replied Apr 7, 2011
OMG. Emotional hurdles is hitting me!!! EU current retracement is so strong and it's getting closer to my long position for EU @ 1.4263. If it dies at BE later I will be very sad as I have incurred quite huge losses in establish it.
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- liangko replied Apr 5, 2011
Haha, yea. I watching the same thing as you guys do. It's like eagle patiently waiting for fishes to appear above the sea. Good luck guys!
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- liangko replied Apr 1, 2011
Other than EU pair, there is another pair which i think it is worth for our attention as well. It is USDJPY. Bullish engulfing candle is formed this week, signalling further uptrend for next week. It seems that the price is coming up from the lowest ...
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- liangko replied Mar 31, 2011
Yea. It is a good idea to place a Buy stop order at desire level to enter. I will consider to do that next time. The price has been retraced greatly and it is forming bearish engulfing candle. Not really sure where is the price heading to. Hope that ...
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- liangko replied Mar 31, 2011
Yea. The price is zig zag-ing like crazy. Unpredictable. Foresee even more volatile movement on the release of NFP report tomorrow.
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- liangko replied Mar 31, 2011
Just to share my thought and seek for your guys advices:
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- liangko replied Mar 31, 2011
Thanks for your advice. I should have listen to you before do something stupid. I just entered on 5 mins tf after the retracement from 38.2% fib level. However, it stopped out with small loss. Now I will wait for the current 4hr candle to close ...
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- liangko replied Mar 31, 2011
Nomask, just want to ask what can we do if we have missed the breakout candle which just happened 2 hours ago?
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- liangko replied Mar 30, 2011
Is this 4hr candle a good price action signal for long? Chart attached:
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- liangko replied Mar 30, 2011
Directionless — The EURUSD seems to be directionless and retest 50% fib level for few times. I think I have overexposed myself this week which lead to big drawdown on my account. When in doubt, stay out from the market. Edit: We will want to ...
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- liangko replied Mar 28, 2011
True true. I think I have been impatient already after few BE and loss incurred last week. I made several mistake in this pair in this evening as I was too rushy to enter aggressively. This lead to 2 loss trades.
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- liangko replied Mar 25, 2011
Now I understand how difficult and frustrated to overcome the emotional hurdle we gonna face by using this strategy. It is definitely not feeling good when you see your position built died at B.E or loss. However, I will keep telling myself to stick ...
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