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- edwinsieng replied Apr 19, 2012
cant post my chart with my phone. but im seeing short > long though. but of coz i identify some long signals as well and confirmed with some oscillators and that is part of my reason having break even on my trades at 1.31689 and turn long at 1.318
Trades based on Market Geometry and Price Action
- edwinsieng replied Apr 18, 2012
hi, im doing good as well. i entered shorts instead. i have been against dk's entries recently hahas.
Trades based on Market Geometry and Price Action
- edwinsieng replied Apr 15, 2012
eurusd is breaking and breaking low. interesting. im still holding portion of eurusd. still waiting to see where will the movement ends. if gap is covered in eurusd im out~
Trades based on Market Geometry and Price Action
- edwinsieng replied Apr 13, 2012
2 of my profs said Chart are useless and only fundamental analysis are supported by empirical studies. Something they left out is that this market is speculative. If you are trading over the long years, you could end up with some hedge fund or ...
EURUSD
- edwinsieng replied Apr 13, 2012
your risk-reward ratio looks terrible. it depends on how are you going to calculate your risk. generally, a beginner would risk about 2% of their account for a 1:1 to 1:1.2 you seems to have adopted a risk-reward ratio of 1:0.25 where you risked up ...
EURUSD
- edwinsieng replied Apr 13, 2012
taken out some of my entries at 1.321 but reinforced some trades at 1.317. happy with the pips i get now as i am up about 200+ pips accumulative !
Trades based on Market Geometry and Price Action
- edwinsieng replied Apr 11, 2012
im seeing a good bear run coming up. i shorted at 1.315 and 1.314. sl 1.32 letting it run till 1.295 if possible. a huge risk and reward.
Trades based on Market Geometry and Price Action
- edwinsieng replied Apr 11, 2012
limiting short 1.35 tp 1.31 sl 1.365. I think the bull worked hard enough for the past hours fighting bears. but i favour bears to see 1.31 level before any potential flight above. 15:40 pips ratio.
EURUSD
- edwinsieng replied Apr 9, 2012
yea the movement is so minimal ! im out with profits. but i might enter shorts again. it looks tempting to me.
Trades based on Market Geometry and Price Action
- edwinsieng replied Apr 5, 2012
i wont dare to short against usd now. i have a feeling until next week, all against usd mgiht fall. im holding my short for eurusd from 1.333 till now. it just broke 1.306 like nobody business. so i tink it might still head down.
Trades based on Market Geometry and Price Action
- edwinsieng replied Mar 29, 2012
nice. i held on to my shorts on eurusd. im still seeing 1.32 as my main target level. shorted from 1.333. so i guess putting sl at breakeven, im going for 1:1 R&R!
Trades based on Market Geometry and Price Action
- edwinsieng replied Mar 28, 2012
trade what you see. not trade what you expect. if you see a upmovement, long it. thats all. but i see a down movement even though i have to agree the trend is up. but in any case, im still in short from few hours ago. and btw, 1.32 is a nice level. ...
EURUSD
- edwinsieng replied Mar 28, 2012
ncie battling around 1.328 level. admiring the M1 volatility as of now.
EURUSD
- edwinsieng replied Mar 28, 2012
finally a turn today. made some shorts and it paid. countertrend trade though. putting trailing loss now.
Trades based on Market Geometry and Price Action
- edwinsieng replied Mar 28, 2012
still seems to be telling me 1.32 is a possible region. not forgetting eurusd might have already created the uptrend, it is important to watch stop loss while playing counter trend.
EURUSD
- edwinsieng replied Mar 28, 2012
everyone has different trading techniques. if it works for him, why not. u could have even better trendline such as those in the previous page with (die die must fit) down trendline. which is really funny hahas. but if u r doing it the "correct way" ...
EURUSD
- edwinsieng replied Mar 28, 2012
i guess many retailers changed to long positions again. in any case, london session is up and we will see which directions it head. yesterday london was kinda crappy though. but overall, i think it would be a counter trend trade for me. holding ...
EURUSD
- edwinsieng replied Mar 26, 2012
wow dk, u made quite a few nice trades ! Im on a 4 loss losing streak since last week.... =( @dezatrader im unsure of that. maybe u could try googling around hahas.
Trades based on Market Geometry and Price Action
- edwinsieng replied Mar 22, 2012
nope nope. took another loss. i will take a break this week. down 3 trades in total out of 3 main trades =(
Trades based on Market Geometry and Price Action