Trades based on Market Geometry and Price Action | Page 122 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Fractal Geometry 721 replies

Charles Drummond Geometry 23 replies

Geometry in Cycle Identifier Indicator 9 replies

Fractal Geometry....Trading? 154 replies

The Endless Beauty of Market Geometry 3 replies

Attachments: Trades based on Market Geometry and Price Action
Exit Attachments

Trades based on Market Geometry and Price Action

  • #2,421
  • Jul 20, 2011 4:19am Jul 20, 2011 4:19am
let's close gbp/chf for the moment
  • #2,422
  • Jul 20, 2011 4:30am Jul 20, 2011 4:30am
if gbp/usd breaks the 4 hr pivot, i will close it
  • #2,423
  • Jul 20, 2011 4:35am Jul 20, 2011 4:35am
DK, nice broadening triangle is forming on EUR/USD....
possible potentional set up in follow. hours
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd broadening triangle.gif Size: 101 KB
  • #2,424
  • Jul 20, 2011 4:35am Jul 20, 2011 4:35am
Quoting dailyking
if gbp/usd breaks the 4 hr pivot, i will close it
what is the 4 hr pivot price level you'll use, please? I've found several different methods of calculating pivot levels, so of course the levels vary depending on what calculation is used.
  • #2,425
  • Jul 20, 2011 4:38am Jul 20, 2011 4:38am
please. close eur/usd and gbp/usd trades
  • #2,426
  • Jul 20, 2011 4:45am Jul 20, 2011 4:45am
i don't use calculation, but rather highs and lows which are real turning points when a candle forms at a convergence level...
  • #2,427
  • Jul 20, 2011 4:46am Jul 20, 2011 4:46am
now, we can go long on eur/usd aiming for a 60 pips profits, but i don't like too much these kind of trades...
  • #2,428
  • Jul 20, 2011 4:48am Jul 20, 2011 4:48am
eur/gbp is working fine now...
  • #2,429
  • Jul 20, 2011 4:49am Jul 20, 2011 4:49am
shorted eur usd with tigh SL (1.4220) TP 1.4170
  • #2,430
  • Jul 20, 2011 4:52am Jul 20, 2011 4:52am
good..i will short again gbp pairs, at the next 4 hr candle in case, they close good
  • #2,431
  • Jul 20, 2011 4:54am Jul 20, 2011 4:54am
Quoting Tatbat
shorted eur usd with tigh SL (1.4220) TP 1.4170
out...
  • #2,432
  • Jul 20, 2011 4:59am Jul 20, 2011 4:59am
Quoting Tatbat
out...

shorted again... TP 1.4170
  • #2,433
  • Jul 20, 2011 5:00am Jul 20, 2011 5:00am
what time frame do u use ?
  • #2,434
  • Jul 20, 2011 5:19am Jul 20, 2011 5:19am
turning point fib point previous low
Long
Thapri Entry at : 9435
Stop : 9395 (40)
Target : Open
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 16 KB
  • #2,435
  • Jul 20, 2011 5:23am Jul 20, 2011 5:23am
i will short again gbp/chf at 1.3200 sl1.3310 tp1=1.3150 tp2=1.3100 tp3=1.2900
  • #2,436
  • Jul 20, 2011 5:26am Jul 20, 2011 5:26am
eurusd is really playing with us these days, i hate it. I will keep shorting.
  • #2,437
  • Jul 20, 2011 5:26am Jul 20, 2011 5:26am
take some profit on eur/gbp
  • #2,438
  • Jul 20, 2011 5:31am Jul 20, 2011 5:31am
yes, i'm still watching it..untill the high of the 1.4281 is broken with volume, the short is still valid. Even when you look at the gbp/usd, the bias is still short
  • #2,439
  • Jul 20, 2011 5:33am Jul 20, 2011 5:33am
I've got a 365 moving average running around 50-60 pips higher than current price, are you aiming for a touch there DK? It is around 61.8 level now of last movement up. Otherwise, why do you think it will go up from here?
  • #2,440
  • Jul 20, 2011 5:36am Jul 20, 2011 5:36am
guess you are right again
0 traders viewing now