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Trades based on Market Geometry and Price Action

  • #2,701
  • Jul 25, 2011 6:23am Jul 25, 2011 6:23am
i will re enter eur/usd if price close like that
  • #2,702
  • Jul 25, 2011 6:24am Jul 25, 2011 6:24am
yep it is. but at this time, i will not pin high hopes. i always believe in real movements for +- 15 mins to the hour itself.
  • #2,703
  • Jul 25, 2011 6:33am Jul 25, 2011 6:33am
i just re enter eur/usd at 1.4375 and ahve an order on eur/gbp at 0.8830
  • #2,704
  • Jul 25, 2011 6:35am Jul 25, 2011 6:35am
this move i must say is a little risky. the bulls are too weak i feel.
  • #2,705
  • Jul 25, 2011 6:38am Jul 25, 2011 6:38am
i think it's because of low volatility
  • #2,706
  • Jul 25, 2011 6:40am Jul 25, 2011 6:40am
i cancelled eur/gbp order,..and will concentrate on eur/usd
  • #2,707
  • Jul 25, 2011 6:40am Jul 25, 2011 6:40am
I just looked at last four 4H candles on EUR/USD - itīs a horrible sight!
  • #2,708
  • Jul 25, 2011 6:42am Jul 25, 2011 6:42am
what do u mean ?
  • #2,709
  • Jul 25, 2011 6:45am Jul 25, 2011 6:45am
strong fighting now, at the pivot level
  • #2,710
  • Jul 25, 2011 6:46am Jul 25, 2011 6:46am
Quoting dailyking
what do u mean ?
I mean only that they look ...how to say...uggly, yes uggly - if I have only a 4H chart to disposal, I woudnīt have a slightes clue, where could be the next move.....
  • #2,711
  • Jul 25, 2011 6:51am Jul 25, 2011 6:51am
low volatility is king today...
  • #2,712
  • Jul 25, 2011 6:55am Jul 25, 2011 6:55am
right now, we are somewhere in the middle of this daily range..(EUR/USD) - maybe itīs better to wait until new low or high of the day is formed....
  • #2,713
  • Jul 25, 2011 7:00am Jul 25, 2011 7:00am
Quoting Tatbat
I just looked at last four 4H candles on EUR/USD - itīs a horrible sight!
haha machete fighting going on ,,,, someone will get there heads cut off
  • #2,714
  • Jul 25, 2011 7:02am Jul 25, 2011 7:02am
Quoting monguito
haha machete fighting going on ,,,, someone will get there heads cut off
  • #2,715
  • Jul 25, 2011 7:10am Jul 25, 2011 7:10am
it seems that prices have decided to move finally
  • #2,716
  • Jul 25, 2011 7:51am Jul 25, 2011 7:51am
Yes there is a movement in the market
  • #2,717
  • Jul 25, 2011 8:32am Jul 25, 2011 8:32am
dk, i tink this trade shld be taken off. the bear are just too dominant. eur is weakening.
  • #2,718
  • Jul 25, 2011 8:35am Jul 25, 2011 8:35am
you could be right
  • #2,719
  • Jul 25, 2011 8:37am Jul 25, 2011 8:37am
bears are really dominant...i think the retracment we were expecting yesterday is forming now
  • #2,720
  • Jul 25, 2011 8:42am Jul 25, 2011 8:42am
i closed the trade...will take other trades tonight
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