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- ken_wongyl replied Mar 22, 2011
EURUSD M5 & M1 — 2 Lower highs formed at 4213 & almost formed at 4198. Confirmed when support breaks at 4179. Short now at 4184, SL 4199 and TP 4173 This is selling into retracement only. Target in M5 before 23.6% retracement which ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 21, 2011
Summary of Trades .... — Summary of Trades so far as the name suggests .... Didn't do any trades for quite a while after these 2 losses in GBPJPY pair for -228pips and -408pips. Nah .... i didn't crash out due to the losses.
Of course that ...Price Action Trading - EUR/USD
- ken_wongyl replied Mar 21, 2011
EURUSD H4 — Resistance at previous high should be strong at 4275. While trend is bullish, it is not likely to break at 1st pass. I have put a Fibonacci retracement assuming that the price would stop around 4275. I expect at least a 23.6% ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 21, 2011
I M BACK
Long while that i haven't had the opportunity to update this part of my forum since the Jap earthquake and nuke crisis .... No .... it wasn't because i went to Jpn to help out ....
I probably would be more trouble than help i ...Price Action Trading - EUR/USD
- ken_wongyl replied Mar 11, 2011
Take Profit for both my GBPJPY orders to be shifted to 32.80 While the setup or price action is still bullish, the trendline has been broken. Long position must reduce the TP to reduce risk. The sharp sell-off would be bought back eventually, I ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 11, 2011
EURUSD M30 — Short from 3844, SL 3950, TL 3710 Target is 3700 Little early entry but given current market sentiment, should be alright.
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 11, 2011
GBPJPY — No time to post chart now .... later. Buy on Support now at 31.48, TP at 33.00, SL 29.20 Forgot to add that this sharp sell-off will be bought back shortly ....
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 11, 2011
EURUSD — Ok ... the lower short entry (3788) has been triggered and TP at 3755 hit for 33pips.
Now .... let's wait and see how the consolidation works out ....Price Action Trading - EUR/USD
- ken_wongyl replied Mar 11, 2011
EURUSD — Seems like it didn't work out like it should
Nah ..... i would be God if i could foresee all the moves ....hahah That was a counter-trend move anyway, while it was unexpected, it should not be considered out-of-the-ordinary given ...Price Action Trading - EUR/USD
- ken_wongyl replied Mar 11, 2011
EURUSD M5 — New update for the EURUSD pair.... Pendant formation in progress ..... probably another 2 more up and down (if u zoom in at 1min or 10s chart that is ... ), it would move off upside .... same length as the previous move up prior to ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 10, 2011
EURUSD M10 & H1 — Hi BigMike, U set a record for being the 2nd on my journal
No worries, feel free to browse in anytime.
I usually don't put my scalping (or spot trades) charts online. Only the position trades (sometimes intra-day, ...Price Action Trading - EUR/USD
- ken_wongyl replied Mar 10, 2011
EURUSD M10 — This is a down-wedge in a downtrend .... precedes a bullish move. If the SL is too close to the previous bottom, could be easily knock out. Just keep a look out for the move upside. This should is atypical text-book formation. ...
Price action trader wanting to turning pro
- ken_wongyl replied Mar 10, 2011
Give it a shot
Try to set your trading slot that has minimal child distraction. Otherwise focus is hard. One thing my teacher taught me: Always review thru your trading chart after each session, and see how you could have done it better ...My Trading Journey thus Far
- ken_wongyl replied Mar 10, 2011
M i seeing things ??? I think i see a Double Top in the Gold Price with neck at 1410, and a similar double top for SP500 with the neck at 1300 ..... God !!! seems both are going to start crashing down pretty soon .... Oppphss ... sorry. Wrong topics ...
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 10, 2011
Should be good for a short profit trip to the long
Look out for the resistance at 3850, 3860 and 3870. Could reverse any time ....Price action trader wanting to turning pro
- ken_wongyl replied Mar 10, 2011
EURUSD H1 — Commentary on EURUSD H1 on some other threads .... url
Price Action Trading - EUR/USD
- ken_wongyl replied Mar 10, 2011
EURUSD H1 — Wishing you luck my friend
The rejects from the downside in the candles are strong. Buyers are coming in still to resist the downside move. If the trend line is broken, chances are it will retrace back upside to maybe 3870 to ...The ART of trading by Petar_Serbia
- ken_wongyl replied Mar 10, 2011
Hi buddy, Don't get yourself too stressed up. A stressed mentality can't trade well that's for sure. Another thing to note is there is no holy grail for trading the FX. Choose a style and stick to it, fine-tuning the system along the way. Note what ...
My Trading Journey thus Far
- ken_wongyl replied Mar 10, 2011
Oh .... just to add that the primary up trendline (the lower one .... ) is likely to hold the downside move for today. This should correspond somewhat to my take profit level. But my guess is that it would overshoot as that support doesn't seem too ...
Price Action Trading - EUR/USD