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- edwinsieng replied Jul 29, 2011
have a great weekend too guys ! btw dk, u r seeing long for the eur pairs? this is the end of the retracement?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
haha dk. perhaps i can share with you what i did. basically 2 minutes before news release, i put all my stop loss 20 pips from the current trading average price and with no take profit. the moment news release, check what is the news. if it is ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
be happy is the key. a dollar is still winnings. 100 dollar is winnings as well. overall u still win, but if quantity is what u r looking for, then perhaps u should rethink again. this game is all about surviving in the market. if you make excessive ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
an update on what actually happened where u guys have seen the violent move. usd dollar went up due to news. eur went up as greece was being assured of payments. cad dollar went down due to news so the end result is, eur news has a way larger impact ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
always be contented with ur gains. i exited eurcad at 1.368. it is 1.373 now and i dun give a darn. coz i have already pocketed what i needed. =)
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
oh. i am up by about 100 pips each for eurusd and eurjpy. so i protected them against this news released in case it turned my way which it did. so in fact, i gained 80 pips instead of 100 to risk for a super red bar if the news turned out to be what ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
dk who r u referring to?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
very nice tatbat. u got that one hahas. closed my eurcad and entered a long position due to good news released. and i am up by 40 pips now lols ! DK, i am thinking that the eur trades will still head down as this is just a news triggering the unreal ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
as expected. the market reacted kinda violently again. protected my profits with 20 pips from current price before the news released. and all hit my SL hahas
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
News release in 3 hours and 15 mins time. I might expose a small position instead when the time come. Hopefully another red bat can bring it to tp soon
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
Big thumbs up on the movement for gbpusd. My audusd is not moving. But I shall maintain my risk management. Won't expose anymore open trades haha. But a very nice spot on gbpusd!
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
I saw that. But I tink as well. So I'm skipping that trade. I tink audusd is nicer for me haha
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
Haha I screwed up the beginning of the week. But manage to climb back really fast. And yes I'm looking at 109.5 for eurjpy. I am already up 100 pips for eurusd and eurjpy each and 40 for eurcad haha
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
Didn't have a choice haha. Was down too much in profit. So moved sl to the initial one instead of b/e. And yes I'm seeing the marker to go down that's y haha
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 29, 2011
I made a tough decision of not breaking even yesterday for my shorts since I missed the tp opportunity. But seems like I made the right decision phew!!!
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 28, 2011
i have no idea if friday would trigger the market downwards. in any case, im risking it till it reaches my b/e point
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 28, 2011
Happy traders are winning traders! I'm putting be for all and still going for more movement. I tink another movement will come again soon. It is the last serious trade day!
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 28, 2011
Re entered. Hope to see nice pipping!
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 28, 2011
Got stopped out at 1.439. Will re enter again. Soetimes these fake movements are just irritating lol
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 28, 2011
London brought it up lol
Trades based on Market Geometry and Price Action