Trades based on Market Geometry and Price Action

Ed, I think you both are doing pretty good...

Hi DK, I am fine thanks

I am holding long Euro so far...4 H chart says to me something

EUR USD chart 4H two days ago...

...and now

EUR USD 4 H

cant post my chart with my phone. but im seeing short > long though. but of coz i identify some long signals as well and confirmed with some oscillators and that is part of my reason having break even on my trades at 1.31689 and turn long at 1.318

but to cut it short, this pair is having a greater room for 1.295 than 1.325. even a few minutes ago, bulls were taking control for a while, but bears got them again. messed up market this week

By the way - quite interesting pattern is forming on US Dollar index on Daily - maybe could be useful.

i think dk trained me well in looking at charts. but i really hate to go against him. =( more news coming up for usd. take extra caution !

good Ed...I will buy aud/usd at 1.0344 sl=1.0300 tp1=1.0400 tp2=1.0450

here is the chart

sorry please

eurusd is still giving me a clear signal on short.. lower highs and low on bigger TF and ascending triangle on past 100 hours or so.

bulls prevailing. i will turn long if movements look like it is.

buy nzd/usd at 0.8170 sl=0.8130 tp1=0.82 tp2=0.8225

US Dollar index

Diamond pattern formed now on Daily

..lets see what happens next

now..we have seen a break out on aud/usd..i hope we will have some nice move tomorrow

i think there is room for 1.312 before it bounces though..

EUR USD 4 H chart



Broadening triangle on 4H is forming.

there was third touch at the orange line with the break through it but price went beneath the line again.

I expect fall to 1.3210 area at least today.

Anyway - sudden pullback to 1.3270-80 area is still on the table.

Last 4H red Doji says to me that movement beneath 1.3230 area is quite possible .

4H divergence on MACD is already confirmed and shows even lower than 1.3210 .

Good luck to your trades.

USD CHF 4H


Triangle formed on 4H .

Two green hammer candles say something to me.

Watching 0.9050-0.9060 area closely - could be break beneath the line.

Again - there was confirmed divergence on MACD pointing somewhere to 0.9140-0.9160 area.

Take care.