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- dailyking replied Jul 10, 2011
gbp/yen also gave a short signal last week..will it follow ? let's wait and see tonight...
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
this is possible for gbp/chf to go long. really possible, not based on the divergence, but on the fact that eur/gbp is going short. and strongly short i can take this long, but it will be on a 8hr chart, just to be confident...this week will be very ...
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
totally agree with eur/gbp. that's one of the pairs that have clear movements. the reversal is in the making...the break of the trendline will trigger the movement. we just have to be patient...the 4hr macd divergence is also a good signal
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
gbp/chf shows a short at the moment...from the daily chart...let's wait and see the 9 pm..
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
i may also short aud/usd tonight depending on market condition...eur/yen and eur/gbp, eur/usd are giving short signals too. in fact euro is dead for the moment...
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
for the moment, the pairs that are giving clear good patterns and signals are eur/chf short, and eur/cad short. but we need to wait for retracement, before taking these trades. in the mean time gbp/usd is setting for a long...but more confirmation ...
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
eur/usd down movement still going on...
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
eur/usd is also at the beginning of a down trend. A break of the support could trigger some long term down movement
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
beginning of a down trend movement on eur/gbp
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
down trend continuation on eur/cad
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
yes, it can be tested. and price can even break it...let's wait and see
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
down trend continuation on eur/chf. Last week was a fake move up, and now price reversed to resume the down trend..
Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
double top on the 4hr aud/usd. there is room for downside movement, in case pivots are broken...

Trades based on Market Geometry and Price Action
- dailyking replied Jul 10, 2011
on the weekly chart,the aud.usd looks quite strong,with its trend line fully respected and its strong bullish candle. but the pair is showing signs of weakness. a closer look on the 4hr chart gives us an idea of its breathless up movement...i will ...
Trades based on Market Geometry and Price Action
- dailyking replied Jul 8, 2011
eur/usd did the reversal because of the dollar index going up
Trades based on Market Geometry and Price Action
- dailyking replied Jul 8, 2011
i will close my eur/usd trade...done for the day i closed my long
Trades based on Market Geometry and Price Action
- dailyking replied Jul 8, 2011
i moved my stop to brek even ongbp/usd. gbp/chf could reverse
Trades based on Market Geometry and Price Action
- dailyking replied Jul 8, 2011
i don't think eur/yen will go up again...us index is showing strength. later i could close me eur/usd trade
Trades based on Market Geometry and Price Action
- dailyking replied Jul 8, 2011
eur/gbp is makinga beautiful set up for next week
Trades based on Market Geometry and Price Action