Trades based on Market Geometry and Price Action

love his reports , RT is doing great exept about russian internal afairs .

i guess every countries major news outlet is somewhat bias, some more then others...good to hear different sides and come to your own conclusion

:nerd:

In reply to sugarbelly, I hope this is not straying too far into fundamental and political fields for a technical thread - but the fields do overlap...

I'm inclined to agree with you Sugarbelly, and I too let my opinions get in the way of my trading. But when I look at the price action, I think it is not about the Greek people, it is about the big European banks and "saving the Euro" to further the plans (or is that "plots"?) for a unified Europe under one government.

Just as the "too big to fail" Wall Street firms were bailed out without the support of the majority of Americans, and the trillions in costs foisted on the Americans, the rest of the Europeans outside Greece will in the end get stuck with paying the costs for bailing out the European banks that have too much exposure to the Greeks not paying their debts.

The big banks (banksters) and European "leaders" don't care what the Greek people - or the people of the rest or Europe - want. What the big banks want, the European leaders will give them. The big financial players know this underlying reality, and hence the Euro rally despite the virtual certainty that Greece will never pay off its debts, voluntarily or otherwise.

And then there is the "least ugly contest" - now that the EUR seems to have a plan to at least put off the day of reckoning (at least for Greece if not the rest of the PIIGS), perhaps EUR looks less ugly than USD with American politicians still squabbling about no plan at all...

"Trade well and follow the trend, not the so-called experts." (even when the expert is in your own head!)

up +74 pips in my pocket without news forecast on the gbp/yen trade

Same here with the GU

good

close to same with the GJ. Thanks DK for your many great trades!

no pbm

buy eur/cad at 1.4010 sl=1.3907 tp=1.4210
happy pips...

95.85 is going to be hit

well done

trade man. closed at 85.91

beautiful !!!

chf/yen is setting for good short next week

sorry for typo 95.91

Will keep in chfyen expecting some more

TL 95.445 will hit too

And now I need a big drop from EU and EG.

yes

next week could be interesting concerning this pair. Anyway - I closed it too soon.