Trades based on Market Geometry and Price Action

you should be listening to some music right now, to cool down a bit emotions and stress

don't worry about the gbp/chf..this violent move up is only a retracement on the 15 min chart...the up move is losing momentum ..if it gives better candles , i will short it again

Lost three quarters of my account the last two weeks, I'm calm. But I am listening to some music.

3/4 of your account ? why ? how much do you invest per trade ?

sometimes, this market can be very frustrating...if i take these lost today, i will be out for the day

I risk 500 Euro per lot and I am always all-in.

I don't care about money, that is why I can stay calm.

ok good...

the close of this hourly candle will be very important for the day

i think these fake moves are over now....

are you still on the short of EURUSD at 1.4150

I am loosing too... and I am listening just now " The Baskerville Hound "

( but quite honestly not so sure if it helps my decreasing account boost up....)

i closed that trade already...but i'm not sure, it was a good decision

I just want to point out on this pattern forming on EUR/USD Daily.

So far the left side of it shows the broadening triangle already formed.
But -- the right side of it is totally uncompleted so far . Its forming.

Pls, consider possibility , that area around 1.4450 could be formed in several following days. There is possibility that huge daily diamond is forming on daily.
I say - possibility. So far I don´t know if it is true or not, maybe tommorow tells me more.
I repeat - it´s a possibility that Euro/usd shoots up. So-- take care --I am flat on euro just now.

Dailyfx also thinks it might go to around 1,435 today.

Me personally, i'm watching the market at certain level. i know the trend is mix, but we could see a clear direction at the daily close of today....
if the daily bar closes as a pin bar, we know we will go short...
also for the daily pin to form, the triangle should be broken to the downside on eur/usd, and gbp/usd 30m /1hr..
prices at the moment are also rejected at the upside, when we look at candles wick...so the bearish trend still prevails for me untill a clear up signal..

I hear you, I just get confirmation from my system that it still wants to go up, but I am cartainly not expecting far up, The daily close will indeed and hopefully tell us a good story.

yes

I would like to post another chart . Same - EUR/USD - BUT 4 H and diamond already formed on it.

It´s ugly -but diamonds are sometimes ugly and too symetrical.

What I would like to point up is that trendline was already broken up.

Main Diagonal is short ( from 1.4578 to 1.3837 ). In most cases - when main diagonal shows down it´s a signal that the price will brake up.
Not always.

The fact that trendline was broken up (like in our case) doesn´t mean at 100 per cent that the price goes up. Could be a false break out.

Again --- I only want to say again --take care now don´t concentrate only for shorts.

in case, the gbp/chf breaks this 4hr candle high, i will close my trade to cut losses