gents, eu might halt at 61.8 level at 1.4215

Trades based on Market Geometry and Price Action

Morning guys, This morning I woke in the middle of the night at 4 o clock and checked my open positions, my target was reached: 200 % since May 11th. Crazy stuff. Pity it's only a small account. I am going on a short holiday and will be back on ...

Trades based on Market Geometry and Price Action

Tonite I like big red chunky and juicy red candles, come on.

Trades based on Market Geometry and Price Action

No, that's the strange thing, They are advertising a buy on EurUsd and a sell on GBPUsd

Trades based on Market Geometry and Price Action

What I don't like is that Daily FX has like three buys on EU. But they are not always right, because they have simple systems like average crosses and will trade them no matter what. But sometimes they are right.....

Trades based on Market Geometry and Price Action

On EURCAD: 4HR I see more of a head and shoulders pattern, but will lead to the same :-) With that pattern you can also easily see the target, 1,39099 being the first, not sure if it's going to reacht the second at 1,3822, at least not today.

Trades based on Market Geometry and Price Action

Tried to make a picture on FXCM trading station, which I don't use anymore:

Trades based on Market Geometry and Price Action

First you see the first long wick on the 21st at 2000hrs, then a long flat period. Now we see a slightly higher wick at the current 1600hr candle. Now for it to be a real fakey it has to turn down. But I think it has taken it's time, normally the ...

Trades based on Market Geometry and Price Action

Eu 4 Hr Fakey, hope it will drop during FOMC press conference

Trades based on Market Geometry and Price Action

FOMC as expected, Fed expects better growth, should strengthen the dollar and thus our shorts should be gaining

Trades based on Market Geometry and Price Action

still think chfjpy down, eu down, gu down, not looking at the other pairs

Trades based on Market Geometry and Price Action

What a mess today

Trades based on Market Geometry and Price Action

What do you mean? Still at 14410 on my system

Trades based on Market Geometry and Price Action

I think EU up to 1,446 or 1,45 and then after FOMC down

Trades based on Market Geometry and Price Action

Tonight FOMC statement, big chance market will rest till then, so be careful, don't overtrade. I am out of GU with 2 trades, both big winners. Thanks DK. Still looking to get out of EU; one of the trades already in profit, may keep them for the ...

Trades based on Market Geometry and Price Action

GU is the first now, in 45 minutes maybe helped by MPC meeting minutes, probably bad news leaking out. big boys are selling. See: GU is first, then the decline for EU will come

Trades based on Market Geometry and Price Action

Both EU and GU limited upside capability. EU could go to 1,446 (61.8) and GU is more in a corrective mode stalling at 38.2 now.

Trades based on Market Geometry and Price Action

I made 22 trades so far this week: 3 of them break even, no losses. 5 still open....

Trades based on Market Geometry and Price Action

For me myself, I see a impulse wave completed for Euro and a flat on GU, which would favor GU to fall first.

Trades based on Market Geometry and Price Action

GBP/USD intraday: rebound. Summary: Update on supports and resistances. Story: Pivot: 1.6180. Our Preference: LONG positions @ 1.619 with 1.626 & 1.6285 as next targets. Alternative scenario: The downside penetration of 1.618 will call for a slide ...

Trades based on Market Geometry and Price Action