Trades based on Market Geometry and Price Action

here is the chart of euro/cad

if you took the GBP/USD trade, you should be up now. There is no reason to close the trade or even break even. Just keep it, and here are the trade update for tonight. Cancel all non executed orders and use these ones:

short EUR/USD at 1.3020 SL 1.3126 TP1 = 1.2710 TP2= 1.2450
short EUR/CAD at 1.3408 SL 1.3540 TP1 = 1.3174 TP2= 1.300
short NZD/US at 0.7257 SL 0.7327 TP = 0.7150

hi daily king I am short Gbp/Usd do I keep it and the target is yesterday's target or diffrent.

yes, keep your gbp.us trade. the target is the same as yesterday. I did not have enough time to write all the details like i did the previous day. Also the eur.cad trade is no more valid since the last high has been taken out

now i 'm buying the canadian dollar : buy usd cad at 1.0323 SL 1.0250
TP 1.0572

buy GBP/CHF at 1.5620 SL 1.5525 t1 = 1.5900 t2= 1.6290
buy usd.chf at 1.0084 SL 1.1.0004 t1 = 1.01400 t2 = 1.0270
buy eur/chf at 1.3203 SL 1.3102 t1 1.3329 t2= 1.3550

the chf is showing weakness
don't forget your risk management. that's the key part...

i set many entry orders today but a lot of them have not been hit. yet the one which have been executed (usd.cad) is closed with a loss of 0.5% 0f my account. the Gbp/chf is struggling to resist and the gbp/us also. i recommend to close the gbp/us trade and we will stay aside to see what will happen. But there is still here are the trades i will be taking tonight

buy gbp/chf at 1.5707 SL 1.5526 T = 1.6250
short nzd/us at 0.7263 SL 0.7350 T 0.7130

please cancel the usd.chf trade for now. it has not been triggered

here is a trade alert on GBP/JPY

buy gbp/jpy at 133.52 SL 132.27 target= 136.60

i'm watching some set up developing now. once they are o.k i will post them. those who closed the gbp.chf trade will regret

the market is turning aroung, not giving a good and clear direction. I lost the gbo.chf trade.... no problem for those who took the euro/chf trade it's better to break even now because the market is moving as it should

the maeket is moving its way making set up for traders, giving and also taking some. today i lost one trade (gbp.chf), but the market took me out at break even on eur.chf when it is now moving in my direction. Anyway i will enter again. But to bo honest, i don't like break evn, unless i have a serious profit for 2 days (which means that the market had already tested my entry.....)

here are the trade i will be taking tonight...

buy GBP/yen at 132.94 SL 131.64 TP = 137.00
buy gbp/chf at 1.5572 SL 1.5392 TP1 = 1.5876 TP2 = 1.6350
buy usd.yen at 84.89 SL 84.20 TP = 86.80
buy eur.chf at 1.3281 SL 1.3173 TP = 1.3740

at 5:00. if there is some update i will post them too

happy trading to all

i've just bought the gbp/nzd. you can still enter the trade SL 2.1100 target 2.1900 .this pai is really volatile but give you a lot of pips if you know how to rade it.

i will also short gbp/us at 1.5590 sL 1.5720 target 1 = 1.5390 et target 2 = 1.5032

for the gbp/usd trade, you need to be carefull and move your stop loss. look carefully at the 1.5600 lavel . if the market does not close below it, close your trdae or move to B.E

i moved my entry down to 1.5505 SL 1.5404 target 1.6150 . everything remains the same. only the entry changes. but for those who want more secure entry, they can keep the former one. the gbp.nzd is doing very good. i will kee pi for a while

this is the gbp.chf trade

here are my trades for tonight

buy gbp.yen at 132.87 SL 131.75 target 137.00
buy usd.yen at 84.76 SL 84.26 target 86.90

please cancel the oarders which have not been executed this morning and use those ones. Also i'm going to move my stop on gbp.nzd to break even. because i think the maeket will go higher. i will also buy the gbp.chf at 1.5518 SL 1.5383 target 1.6150.

happy trading to all of you. if you have some comment, just let me know

i was surprised why my usd/yen trade was closed since the stop was not touched. i realized that i made a mistake. instead of putting my stop loss 5 pips below the candle low, i forgot and just took the low of the candle. the real stop was 84.20 not 84.26. this is a mistake by rushing... sorry for that. sorry agin. the other trades are going good.... .please cancel the gbp.chf order

buy cad.yen at 82.33 SL 81.60 TP 85.00
buy nzd.yen at 62.20 SL 61.40 TP 1 = 62.50 TP 2 = 63.80

i'm still working. the new set up will be post later....

buy gbp.chf at 1.5616 SL 1.5520 TP1= 1.5900 TP2= 1.6150

buy aud.chf at 0.9468 SL 0.9420 TP 1= 0.9564 TP2 = 0.98.40

buy nzd.chf at 72.50 SL 0.7240 TP1= 0.7400 TP2 = 0.7578

i'm still in my gbp.yen trade . i will let it run for nice profit. the gbp is strong and the swiss franc is weak

even if the market is going against me, i'm not going to close any single trade. i will buy again the gbp.yen at 136.76 SL 132.86 T137.00

buy nzd.yen at 61.89 SL 61.10 T= 63.80
buy gbp.chf now. you can re enter the trade we lost with stop loss of 100 pips each .can not set the charts now market is going too fast

Got GBP CHF