- Search Metals Mine
- dailyking replied Jun 8, 2011
sorry, i wasn't in front of the computer...but the market is moving in its way. let's see
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
the 4hr has just closed but did not give any signal...let wait and see
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
move stop loss to break even on usd/yen...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
yes sugar belly. always protect your positions, because the market move in any direction it wants, anytime...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
let's wait and see...what will happen. i have cancelled the gbp/yen order. pattern violated.
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
yes 1hr 30 min...apply risk management and only invest 1% of your account per transaction...., not more than 3% loss per day
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
yes the 5 am candle will give a good clue...don't worry about losses. it's part of the game just focus on trading well. you will see. much money to make here with strong mind and good discipline...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
it will rebound. it is fighting a trend line now...i think it's because of the news release. i don't care about news...all is in technical
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
ok no pbm.. i just took a loss on gbp/usd. i guess this is due to the rising volatility we see right now. but i will re enter later
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
yes if you only trade smaller time frames, it is better to trade during London session. because the volume is strong. and market moves in a clear direction . but if you want to hold the Asian session with smaller tf, you will be wiped out..very ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
no it only left 1hr 48 min
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
how much is your stop loss (how many pips? ) and what time frame do you trade ?
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
if the 4hr candlestick forming now gives us an inside bar. it would be a really great entry with tight stop loss. keep in mind that the 4hr candlestick closing at 5 am (eastern time ) is very decisive in market direction

Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
edwinsieng, what are the pairs you trade ?
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
hi stfu, yes you can take the same tp as yesterday...

Auslanco - GBP/JPY and GBP/USD (newstrade)
- dailyking replied Jun 8, 2011
yes i used fibo retracement for the entry, combined with other tools. the wide range bar (big up candle) you see is very informative because it gives you the importance of the bull power. then the doji candle that formed at 1 am (edt) confirm the ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
if you feel a bit hesitating, only take the gbp/usd buy which is by far the best set up. i have 2 lots on it... cheers

Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
no the risk for the aud is exactly 114 pips. normally stop should be place where pattern is broken. But in the case of the aud trade, because the candle is not really firm i put it at the pivot. the trade is still good. . and if this candle does not ...
Trades based on Market Geometry and Price Action
- dailyking replied Jun 8, 2011
buy gbp/usd at 1.6437...full signal on my journal url
Auslanco - GBP/JPY and GBP/USD (newstrade)
- dailyking replied Jun 8, 2011
if you miss this gbp/usd trade, you will not make money in this market buy gbp/usd at 1.6437.... follow my signal url
Cable Update (GBPUSD)