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- ken_wongyl replied Feb 27, 2011
EURUSD H1 — What a bummer !!!
Nice and encouraging way to start the week ...hahah 3777 , SL at 3720 = 57pips loss. Some work to do to breakeven this week.Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
Summary for this week's trading 26 Feb 2011 Tue 22/3 - 70pip Wed23/3 - 38pip Thu 24/3 - 46pip Fri 25/3 - 25pip Total - 179pip
Positive results everyday for this week!!! One outstanding position at the moment in EUR/USD, by Mon, we should ...Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
EURUSD M15 — Instead of the original short, with this sharp retracement back to 79% level of the move upside from 3706 to 3833, I made a Long entry targeting close to the top at 3808. SL at 3720. The timing of this entry was poor at 50% ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
EURUSD — Short Trade cancelled. Price didn't manage to trigger and the steep retracement started. What a waste ....
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
You could look at that as a consolidating triangle with an ascending triangle, with the resistance at topside 83.94. Trading the range would be safe until it breaks out, likely further downside.
Still Learning the "System"
- ken_wongyl replied Feb 25, 2011
USDJPY M15 — No thanks required buddy
Just sharing opinions
I just flipped back, looks like if we had gone by the safe entry, the entry long could not be made since there was no distinctive higher lows formed. The resistance level cannot ...Still Learning the "System"
- ken_wongyl replied Feb 25, 2011
AUDUSD — Closing off the trade .... taking much too long to reach TP. Maybe i m still right, but the longer it holds there, the stronger the potential for a deeper retracement. Took my profit at 0098. Not risking my trade for that few pips ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
EURUSD M30 — Back to EURUSD finally..... think there would be something interesting today .... Placed a short at 3858. I expect the bulls to make a final push up to this resistance, before strong selling take over to push the retracement ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
Well ... there would be ppl lurking around
I m one example ...hahah Just that i don't trade with indicators that's all, nevertheless, that was a good catch, 2 good catch in fact Cheers!Trade what you see NOT what you expect
- ken_wongyl replied Feb 25, 2011
AUDUSD M1 — Very bullish with these strong rejects here from the 0116 level. If it is turning at this 23.6% ..... sounds Fantastic to me !!!
We have what candlesticks would call a bullish hammer!!!Price Action Trading - EUR/USD
- ken_wongyl replied Feb 25, 2011
AUDUSD M5 — Me and my big mouth ... hahaha
Now it is retracing ... hahah Let's see where the support will hold. May 38.2% (0110) or 50%, even 61.8% The faster it bounce up, the more crazily bullish, and the faster i can close my ...Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
Hi, i agree with you. It is a good time to go Long. Support at 79.62 would be very strong, not likely to go thru just yet. On the 4 hourly, the lows are building up. My humble opinions here .... For good profit, u can go in now actually. For safer ...
Still Learning the "System"
- ken_wongyl replied Feb 24, 2011
AUDUSD M15 — Back to commentaries for AUDUSD pair ... i wonder why i left my EURUSD title pair .... hahaha Good buildup of lower highs so far, accelerated trendline is holding, but it is testing heavy resistance at this zone of 0126 to 0111, ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
EURGBP 30Min — Great! This pair hit the 123% extension. Looking good for a retracement back to 8530 level. But i am not going into this pair. 1 position at a time. I m still holding into a good run on AUD/USD
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
AUDUSD - 1M — Looks like i am wrong .... and reason to rejoice
The Gartney is not valid, but the support is holding at 0070. A higher high has been formed, and a high low. Once the current high of 0090 is taken out, it will test 0098. Now, ...Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
AUDUSD — SL shifted down to 1.00380. Trend is still upside, but support at 1.0070 doesn't look like it can hold. No point trying my luck when i sleep in a while .... but i doubt there would be a steeper retracement of more than 79% (1.0059) ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
AUDUSD — Shucks .... think i am infected. Starting to look around while i can't make any position call for EURUSD. Taking a long position for AUDUSD with the buildup of higher low at 9988, 0001, 0045 and current 0070. Very bullish. Entry at ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
EUR/GBP — Trade Closed. Done for the Day. From 0.8487 to 0.8533 ----> 46pips for today. Pretty sure it would head higher, but didn't want to hold the position over-night.
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
EUR/GBP — Broke the resistance at 8527 !!! But i am watching the trade, ever ready to get out before it retraces backward..... SL shifted to 8535, and TP trigger on hand. After exit i can always re-enter upon its retracement at suitable ...
Price Action Trading - EUR/USD
- ken_wongyl replied Feb 24, 2011
Short Diversion here from EUR/USD ..... Took a paper trade in EUR/GBP in this link: url It looks like a Gartney Pattern to me. Got a 79% retracement from the 1st up move (8336 to 8674) Got a 50% retracement from the 2nd down move (8674 to 8388) ...
Price Action Trading - EUR/USD