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- sugarbelly replied Aug 11, 2011
You're already in Edwinsieng? I'm not. using Alpari UK.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 11, 2011
I didn't think the fakey was very obvious. Is it the big block type thing that you mean that was the fake upthrust? BTW, am I the only one that finds inverted patterns more difficult to interpret. I think it's got something to do with the mind.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 10, 2011
Yep, I guess all traders deserve a rest after the nerve wrecking days they have had.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
That was a good drop indeed.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
I know the market too :-)
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
Apparently you do not agree on the inverted HS. I am just trying to understand, what do you see what makes you so certain ? The insiders are always right, so maybe you are the real insider ;-)
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
Inverted H&S on EU. I think maybe a bit down on US open and then up ! Shoot !
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
news is just a catalyst , it just gives you a wakeup cal that something is about to happen, not the direction. it used to be bullish when a company announced they were going to lay off personnel and reform, but i have also seen stocks fall over this ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
I also don't look at the news anymore like DK, because all stock markets deep red in Europe and Euro still standing strong. There is no way you can explain the news anymore.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 9, 2011
Just draw a chart with daily candles on EURUSD, you will see price is going everywhere.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 8, 2011
shorting usdcad: approaching resistance area around 0.972. Should be able to reach .975 at least. And you can call me crazy.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 8, 2011
probably professional buyers accumulating on audusd.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 8, 2011
wow. it even scares me, that was an immediate drop after the sign of weakness. It doesn't have to go down immediately, that was just a coincidence, although we were waiting for the fall for quite some time.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 8, 2011
You see the last hourly candle on NZDUSD? A wick to the upside/low close. This cndle has high volume (compared to average), which means I still expect NZDUSD to fall. I have been reading a lot on volume and price action, it tells you a lot about ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 8, 2011
You don't give it any rest do you ;-)
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 8, 2011
It's monday ! Anything can happen.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 7, 2011
Gap was immediately closed: pulled out another 18 Well done pipster
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 7, 2011
Grabbed 28 pips on EU.
Trades based on Market Geometry and Price Action
- sugarbelly replied Aug 7, 2011
Yes I was thinking of gap filling, but I'm not too sure, first let's wait and see till everything settles. It is highly volatile right now I think and that is on one hand a reason not to do it, but also a reason to do it. Basically I think tonight's ...
Trades based on Market Geometry and Price Action