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- edwinsieng replied Aug 11, 2011
i saw the same pattern for eurusd as well. not sure if u consider that as fakey as well
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
dk u still in nzdusd? i broke even and im out. but im seeing more obvious fake movements in the making. it really depends if there will be another strong down movement hourly to make back the fakey
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
These 2 days are just weird. Too many sideway movements.
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
Basically Nzdusd is a down movement but it went up but still staying within the down area. When it tries to break high, it gets huge rejection. And the real movements come later. Check the video out. It is very useful
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
I took the early and later entry. Together with this new entry. Will be waiting and see now
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
im having a 3 pips gain now haha ! i tink im cute =X
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
the market is moving down finally. come on.. longer longer !!! actually dk, i feel that this fakey isnt really obvious actually. but a very good spot on that !
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
it gives u a guide on how this market works. but do bear in mind that stop loss is still important in case it doesnt turn out to be a fakie. hopefully london session will show something.
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
usd looks kinda weak and the bull movements look relatively strong. hopefully we see a pin bar for this hourly
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 11, 2011
i guess london session would trigger the down
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 10, 2011
i enter only eurusd trade today. need a break from a huge loss on gold yesterday. made some of the worst mistakes in my entire tradings by going against my usual trading style LOL.
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 10, 2011
Dk u might wan to consider re entering. Eurusd manage to close back above support for hourly
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 10, 2011
U wish trading were that easy.. If so we won't have 2 directions trading but a win win situation all day long! But sadly that wouldn't be the case since whn there is a winner, there have to be a loser as well. Btw I got burned badly by gold... Lost ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 9, 2011
Hey dk that's a very fierce stop lossthere like 700 pips? Haha
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 9, 2011
it is understood that the news will definitely nowhere to be positive. but many a times, these news are the one that confirms the directions. like sparking a green/red long bar. i have been monitoring this trend like months ago. however, it is not ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 9, 2011
i remember this kind of movements will be darn violent later once the market decided on the movement. which i believe the US news later in like 2 hours time will trigger that direction.
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 9, 2011
finally it moved. a really tough day lols. my gold got faked out LOL
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 8, 2011
i tried gold yesterday and i profitted 5000 pips with a unit!!! its so fun to buy gold now hahas. and i tink a movement to either side would be highly possible now. therefore i will take a break till a movement is obvious. but i guess i would prefer ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 8, 2011
im just curious at how stubborn audusd is. despite so many movements a a show of audusd being so weak the last week, this week aud seems to have stood strong. alraedy pocketed very nice pips. haha
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 8, 2011
good profits for both EU and GU pairs. im still on a almost break even for audusd lols
Trades based on Market Geometry and Price Action