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- edwinsieng replied Aug 2, 2012
it is approaching the area for u guys to short i guess.. good luck ! im done with another sideway trading. will short at 1.052 and long again at 1.045 depending on candle movement !
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 1, 2012
ok i will exercise cautious. i longed as i am looking at a sideway trading between 1.053 and 1.045
Trades based on Market Geometry and Price Action
- edwinsieng replied Aug 1, 2012
are you still in short for audusd? i went in long at 1.046. im seeing this pair to be strong despite the test of support at fed statement release. I would hold it till 1.043 take me out.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 31, 2012
i will sit and sit and sit.. this sideway market doesnt seems promising. i wont do scalp here. once breakout towards the top starts, i will long it. not looking at short for eurusd or audusd. fundamentally aint alligned
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 30, 2012
this thread has been much more active ! But sadly, i gonna head over to south korea for my exchange. i think i will still trade from there no doubt about it haha.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 30, 2012
very much agreed. manage to enter audusd at 1.0485 after much thinking. i will put trailing stop for this trade.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 30, 2012
I have been going down quite a bit on longer timeframe trades. i will stick to side scalps nowadays on M5. when u guys complain bout the market, i know im making money =X but when the general trend comes, im pretty much need to wake myself up and ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 30, 2012
its always still better to learn it early than late! thought take it as an expensive one. i went through this before as well. went to sleep without a SL on eurusd and BOOOOM exactly the same shiit happened.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 27, 2012
im just entering to play around the resistance level.the bouncing will give me nice scalps actually.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 26, 2012
im putting short orders at 1.041 and sl 1.044. tp manual. either it bounce off or when it breaks, i will turn long again. yesterday was such a big movement. lost twice in scalping...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 26, 2012
seems to be closing below.. im still bearish wahhahaha
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 26, 2012
a bit of financial news on eur will be out soon. im bearish on audusd and eurusd as well. shorted audusd and looking for better entry for eurusd.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 25, 2012
many thanks to the news. but i exited so i dun care. got 2 open shorts in eurusd nothing else now.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 25, 2012
yep oanda been kind in giving low spread. good for scalpers for sure. ! and i can trade it even with my phone relatively secured. so im pretty much using it as of now till i have larger capital to move to other brokers. i shorted another eurusd ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 25, 2012
1.2119 shldve been executed tho.. mine entry to be exact was 1.21168.. but i have seen 1.2119 being hit but im using oanda though.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 25, 2012
1.212 is a good price to short. this spike will execute alot of short orders for sure. i entered a trade at that price.
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 25, 2012
audusd will still go down. my previous target could was 1.015 and 0.99 but nzdusd gives me a nicer picture to short. they can be commodity pairs but their movement need not be the same all the times. i do not really consider both pairs as the same ...
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 24, 2012
bad audusd. im outta the trade and looking at nzdusd instead !
Trades based on Market Geometry and Price Action
- edwinsieng replied Jul 24, 2012
its easy to find usd index. simply google it and the results will be there. other currencies can be much tougher to figure so some mathematics would be faster than finding it online for the other indexes. another clean trend to pick. the audusd ...
Trades based on Market Geometry and Price Action