- Search Metals Mine
- dailyking replied Jun 16, 2011
i may be wrong. but, based on my experience, a wide range bar ( big candle) like the one that formed yesterday tells you the market will continue in the same direction for a bit before retracing. (this is when you play with the trend)... second ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
i'm short on aud/usd since this morning. i'm up +88 pips . i will reinforce the trade tonight... short aud/usd again at 1.0616, with nice risk-to-reward follow my journal url
AUD/USD
- dailyking replied Jun 15, 2011
trade of the day — i will reinforce my aud/usd and eur/usd trades... short aud/usd at 1.0616 sl=1.0685 tp1=1.0560 tp2=1.0480 tp3=1.0415 short eur/usd at 1.4242 sl=1.4312 tp=1.4100 happy pips...

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
that's good Kas1 i'm going out atm. i will log out and come back at around 9:30 pm eastern time.. thx
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
yes .. for sure it's not easy, but so interesting to see yourself being educated by the market. this market taught me so great human values, mostly mind building and importance of strong psychology to succeed in life. Out there, people are selling ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
the gbp/usd, and aud/usd proved today the importance of paying attention to key reversal points. As we all know, professionals are contrarians, and they use to fake trend and catch amateurs in their false move. Beware of that. the gbp/usd gave me ...
Cable Update (GBPUSD)
- dailyking replied Jun 15, 2011
i know some beautiful set up can occur in the market. the thing is professionals like playing reversal and caching amateurs in fake trends. and today is a market where professionals were ready to short, and reverse short term trends upon traders. ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
no problem . enjoy your meal...

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
sorry Monguito, i did not see your question. i recommend to wait for the weekly close because the pair is forming a nice set up, but as price are turning down, it would be better to get the close of the week to feel the trend for next week. You can ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
i think aud/usd will be one of he best set up tonight. i will enter a second short on it in case market close like now....
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
stops to be moved to break even...thanks for being careful

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
eur/usd is following the weekly forecast — the importance of weekly chart has just been emphasized this week with the behaviour of eur/usd and gbp/usd. no need to say, the beginning of the week is the best time to set the cahrt. And market ...
EURUSD
- dailyking replied Jun 15, 2011
it would be wise to take some profit on eur/usd and gbp/usd...just in case.

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
eur/usd is following the weekly forecast.. nicely

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
if you missed nzd/us. that's fine. look at the aud/usd. tonight will be a good short .

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
if you like small stop loss, you can wait for today's close...the small retracement that will follow will give good entry...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
i'm short on aud/usd since 1.0670 sl=1.0724 tp1=1.0567 tp2=1.0500
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
sorry guy, i fell asleep after 5:00 am. regarding the chf/yen. it is really going down. but foe me, i will wait for next week to short it, so that i could avoid this ranging situation...

Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
i will short aud/usd too..
Trades based on Market Geometry and Price Action
- dailyking replied Jun 15, 2011
i closed 3/4 of my long trade on gold
Trades based on Market Geometry and Price Action