- Search Metals Mine
- edwinsieng replied Jun 22, 2011
thats a decision between buy or sell. nothing really much. overall they are just providing a summary with their own strategy. so its best to stick to yours =) btw, arent the daily FX indicating a sell on eur and gbp against usd ?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
yep. the few mins difference in chart can affect alot espeically in those of H1 chart and below ! i have seen many different charts at almost the same time frame. thus it will be better to study the strengths of the trend to identify fakie !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
hahas. yea consequences are definitely a good educating indicators. but words will guide u along as well. or there will be unlimited strategies and techniques out there and this kind of consequences is best to be avoided. u cant afford to make that ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
when i just started forex before even knowing of forex factory, i traded solely based on my TA knowledge and i manage to make 50% up for my portfolio with 1:50 leveraging. however, within a week i was down to 70% of my capital and that is only when ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
glad to have a confirmation from you for chfjpy. i am still in the trade. but im 45 pips down. amendments to audusd trade, entry only @ 1.660 and above with sl @ 1.700 the most. tp @ 1.500 i hope i get to trigger this trade and win it after failing ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
well. the market had always been moving with whichever side with the most $$$$ im glad that i went out all against usd trades and pocketed my winnings. which pairs are you seeing potentials in?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
if there is a sudden shoot to 1.67 level, i tink i will short it with tight stop loss. maybe 30-50 pips. i doubt any movements for eu trade as the movements today seems to lack strengths for both bull and bear. but i news seems to be showing that ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
anyway, this is my cart for my reason to short audusd very nice trendline i feel. anyway chf/jpy didnt seems to turn out good
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
great i will be looking forward to both days. i tink audusd could be a good price to short. with sl set @ 1.660. since it is volatile, i suggest a later entry at about 1.630-1.640. as for gbpusd, i m wondering if further downside movement could be ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
I cant believe what happened today. too many tricky moves going on. i was up by many pips and the next thing i know, i had a winning gu with 70 pips, eu trades broke even and chfjpy trade was down by 30 pips. but overall i am still happy ! since i ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
Btw I'm referring to gu trades. Waiting for this last bear movement before I make the decision to stay in short or to stay aside and monitor. But I hope big bears appear soon lol
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 22, 2011
Resistance seems to have been tested thrice without breaking while bear could not bring down the lows below the previous low. Perhaps it will be wise to take a break and monitor. Drastic movement could be more possible towards the upside in my ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
the news seems to be bullish. i am currently -20 pips. sl set at 1.6270 i guess i will get a rest and after waking up, it will be a good day !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
DK, are u saying that we could possibly see a movement below 1.617?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
yea. i have just seen the news. i am still in the midst of making a decision. should i stop now, or should i leave it.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
this can be exciting. im in gbpusd. waiting for some result as well !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
this can be exciting. im in gbpusd. waiting for some result as well !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
entered gbpusd short @ 1.6205. hope to see a big movements really soon. been 3 hours since entry but no signs of turning. individual movements show that bears have yet to make any moves. i hope they are accumulating the potentials =) eurusd seems to ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 21, 2011
if eurusd continue to stay bullish, it might be possible for a movement towards 1.4500?
Trades based on Market Geometry and Price Action
- edwinsieng replied Jun 20, 2011
just my thoughts for audusd. the reason i called it complicated coz the there seems to be intermediate trendlines in between and somewhat traded within the intermediate trendlines. however, i do not find them dependable and thus will only trade ...
Trades based on Market Geometry and Price Action