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- sugarbelly replied Jul 20, 2011
very wise decision Tabat ;-)
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 20, 2011
I am totally lost with Euro these days
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 20, 2011
guess you are right again
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 20, 2011
I've got a 365 moving average running around 50-60 pips higher than current price, are you aiming for a touch there DK? It is around 61.8 level now of last movement up. Otherwise, why do you think it will go up from here?
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 20, 2011
eurusd is really playing with us these days, i hate it. I will keep shorting.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 19, 2011
Oops, sorry for last post. Just saw that I am comparing your GU chart with my EU chart, ridiculous of course, but question stays the same. Here is the right chart. It looks a biit different as you can see. Although I also saw a pinbar, I see it an ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 19, 2011
different time zone — Hi DK, You saw a very nice pin bar, but due to my different time zone (GMT+2) I got quite a different setup (2nd inside bar). I wonder, how to deal with this phenomenon ? Of course the 1HR setups will be exactly the same ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 19, 2011
What to think about this one?
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 19, 2011
Hi DK, I'm looking at it and I also see this happening. That would give the current up move room to at least 1,44. Maybe even 1,445.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 19, 2011
I'm reading the book (trade what you see) as you recommended. Very interesting. I see what you're aiming at with EurUsd: a 35 pip move up to 1,434, while the bigger movements are about 70 pips. I am also baffled about the number 9 that's recurring ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
The maestro has spoken.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
Obviously EURCHF trade is closed now for a quick 50 pips.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
Oh, and the price on the EURCHF will still go up according my platform to completely shut the gap.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
Wouldn't bet my money on that one, because it is a smaller gap AND price went much lower on the friday before. I prefer to see the gap on Daily 4Hr and 1HR.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
remember to always check the gaps on sunday evening/monday, basically it's free money, you just have to collect it.
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
doesn't matter, the gap is visible on daily 4hr and 1hr. the gap has to be closed. It doesn't have to happen immediately, but in this case price stopped falling and therefor I expected the gap to be closed straight away. now up several pips. the tp ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 18, 2011
Quick pips: Look at gap on EURCHF, buy now TP 1,14916
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 13, 2011
Well Kas, you're probably stopped out. CHFJPY is a crazy pair. It doesn't listen to you nor me. Sorry man
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 13, 2011
It can also been seen as some sort of strange jolt or tick which could also lead to the case that the market points out where it wants to go. The strange short term downburst almost seems like a mistake of some sort. It can be both: your explanation ...
Trades based on Market Geometry and Price Action
- sugarbelly replied Jul 13, 2011
And yet another example that news doesn't do a thing: Bernanke just said that fiscal plan could lead to interest rates, which would be beneficial for the Dollar, but eu and gu still up.
Trades based on Market Geometry and Price Action