Trades based on Market Geometry and Price Action

dk, nearly reached tp on aud but nzd is still far from it!

i'm waiting for today close before any decision

welldone on aud/usd, target hit

good...now we have to wait for retracement and enter again...

i pocket $10,000 on these trades

This is just amazing! I envy you!

I've been following your thread for a while. It's really good. Thannk you for posting all you do.
You are the king. GOOD job! I hope to be as successful as you,, in the near future.
Is there any direction you can point me in? it would be greatly appreciated.

good job everybody. what i can tell you is to learn market and price action..And above all develop patience. that's the real key to the market...

I agree with One.... yes DK you always advice us to learn price action, I've spent money and blew up accounts with so called "guru" of PA.... any direction you can point to us? (books, seminars... etc?).

Pardon my english (I'm italian)..... we can all see your trading results (10k here, 10k there) they are dreams for most of us (at least for me... 10k are usually my loss count ). Any particular money management rules you follow? It would be a great help for me. I apologize if you answered about this in the past... too many pages.

Keep up the good work and green pips to all of us!

for money management, i recommend using 1% per trade. You can start with 0.5% per transaction, and as confidence grows, you move to 1%.
for price action, check this site, it is very helpful
http://www.learntotradethemarket.com/
you can download the video and learn from it for free. they will help you a lot...

Thank you for the info. I have taken classes on how to read the markets. Supply and demand I understand VERY well, as well as mm. I use a 2 - 4% stop loss. So I won't take any major losses. It's the directionality which is killing me. I will trade with the trend. The sudden reversals is my arch enemy. I will be in profit most times ( 10 - 20 pips). then a reversal will take place. It's very frustrating. I noticed you don't seem to have that problem, and are able to stack positions. I suppose it's experience. I will keeo looking for the key element I'm missing.

Keep up the good work DK.

ok no pbm..key is market direction...that's the true grail

buy chf.yen at 82.68 sl=82.50 tp1=83.00 tp2=83.5

are you trying new pairs?

So momentum it is... As I was taught, "the trend is your friend, untill the end"

i used to trade this pair, but i don't think i will continue with it...i don't like pairs that don't move...

i have just bought the aud/usd at 1.0376 sl=1.0311...tp=1.0450 tp2=1.0560 tp3=1.0750

i lost 1 trade on the chf/yen which is now going in my directio...that's why i don't like these exotic pair..but i'm up 200 pips so far...i will keep these trades at least till the end of the week...

Hi dailyking, great stuff with what you have been doing. You seem to really know your stuff!

Is there some other learning/education you can point me to as I'm already a member with Learn To Trade The Market, which mind you is a very good source of education. But you seem to incorporate many other things that Nial Fuller doesn't really seem to teach? Anyways keep up the good work mate and thanks in advance for your help.

jr

i've just shorted eur/aud at 1.2282 sl=1.2350 tp=1.2000 tp2=1.1750

this site is good too...the guy takes only 1 trade per week, so 4 trades in a month and make decent money every month...
http://www.forex4noobs.com