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- edwinsieng replied Jul 7, 2011
thanks god it's friday. meaning a good 2 days of weekend to enjoy before work and trading resumes ! time to spend some of the profits lol
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
And in addition. T G I F ! soon !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
I gotta keep a look out on the movements on the candles before entry on long. both eurgbp and eurusd has already show signs of the end of retracement with a higher high and hitting the bottom segment of trendline. but still im not eliminating the ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
Erm DK, you are referring to a long on eurusd?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
do a screenshot of ur chart with ur indicators / drawings, save it into a "jpeg" format i guess since it takes lesser space and easier to upload, and choose attachments whenever you reply to attach the picture so all of us can see it =)
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
I hope you guys are fine with me taking your techniques and i will definitely be sharing on my part as well whenever i can!
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
Taking into consideration that forex is another form of investment and I believe most of us are retail traders, we are on the disadvantage of being bullied by bigger players. I have never believed in a perfect system where every trades will result ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 7, 2011
I shorted eurusd as well. There are still downward movements but I do not tink big red bars will come. But since today is Thursday, I tink big bars are more probable
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 6, 2011
hey dk, this is the trade you r referring to?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 6, 2011
hey dk, u gonna go for the audusd trade? i might be closing my eurusd trade soon pocketing 130 pips. sensing a retracement with all charts meeting either the low point of trendline for short or the high point for long.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
those are helpful info as well. maybe a confirmation from the movements of bar will further weaken my beliefs of the market. anyway thanks. im being so pessimist of this market mainly due to last week where tons of fake signals were given. off to ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
i hit the target for this week actually. so anything more is additional. and besides, im actually kinda bullish of the market now. so personally i felt that the retracement should be coming to an end.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
thanks. it was all thanks to those who participated in this thread. tonight gonna be a good good night !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
thats a tough level to reach. i will enter next short at 14445, 14450 which will be easier to hit as well. perhaps in the next 2 bars or so.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
lower can be hit. but i believe a small correction of +- 30 pips will be in place before further movements. and i doubt it gonna appear anywhere soon within this 3 hours. so i exited @ 1.4400, pocketed it and wait for another entry. at the same ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
i love red bars. the volatility is around the corner now. and i tink my eurusd target is reaching. +150 today !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
i see the potential of eurusd hitting 1.4425. but i dun tink anywhere further down though and it is 1.4465 now. so quite a small room of downside more to go. kinda risky.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 5, 2011
im glad that i made an entry for eurusd @ 1.4525 just now. anyway, i tink the shorting opportunities are all over? eurusd, eurgbp, gbpusd and audusd should resume its bull soon?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 4, 2011
currently shorting eurusd with sl @ b/e point. with the lack of volatility from us and being a monday, it will be a good day to freshen up and get ready for the next 4 days. the retracement didnt seems to be anywhere strong.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 1, 2011
and it seems like the pmi news affected gbp badly. but next week could be another potential week ! once the bear starts, no way u cant make your pips !
Trades based on Market Geometry and Price Action