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- dailyking replied Jun 14, 2011
i lost 13 pips on eur/gbp...but i'm up 26 pips on gbp/yen and 5 pips on gbp/usd that's the beauty of short time frames

Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
gbp/yen and gbp/usd are working fine... these trades are bringing in some pips along with the usd/cad pattern forming…

Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
just took a loss on the eur/gbp. will enter next set up
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
if you want to enter on 5 min , you need to have solid nerves, and strong mind...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
ok no pbm....i'm looking for quick scalps on these trades. but for the eur/gbp. i will keep it a bit. In case i lose this trade, i will look for an entry after 9 pm.
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
i shorted gbp/yen and gbp/usd too on the 5 min chart entry. i hope this crazy eur/gbp will turn back up, as the others are going on the right direction....
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
no ...no down month...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
average return depends on market conditions...but i can say more than 12%, when i'm conservative...with 1% per transaction
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
buy gold at 1,526.20 sl 1,510.00 tp1=1,540.00 tp2-1,550.00 cheers

Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
just bought eur/gbp at 0.8822 sl=0.8810 tp1=0.8862 tp2=0.8900 this is a 5 min entry, but the set up is perfect...even if there is no volume now...

Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
how many pairs do you trade ?
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
do you use it on daily or 4 hr time frames ?

Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
i cancelled all my orders which were not executed...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
Sugarbelly, how much (in term of percentage), do you make monthly?
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
i'm sure it will give a good entry set up...look at the usd/cad too, nice short coming..
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
it can work...let's wait and see. i know tonight, the beautiful set up will be the eur/gbp
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
i strongly recommend you not to go long on gbp/usd...the daily bars you are seeing now are fake. wait for the 1;00 pm close to make a decision... i still think this pair is short. the eur/yen will stay there till it gives a very good signal. and ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
i'm pretty sure the up move on eur/yen and gbp/usd are false...i'm watching closely...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 14, 2011
yes of course. because this market is too volatile. But the worst draw down i can accept in a week is 5%...not more. and this is very rare.. i just put eur/yen and gbp/yen on my shit list. mostly eur/yen, giving good signals, and failing to follow ...
Trades based on Market Geometry and Price Action