"Decent retracement"..I heard that several times when the euro started its climb to 1.317..the retrace came,after several hundreds of pips..the best approach is to trade in real time..just my 2cents..

EURUSD

.... — the yen has been weak all week....ej and gj have been going up for days....eu and gu,not so....i am expecting a balance....when the yen picks up strength, we will be looking at a mountain of pips...of cos,the uj has to drop too...best ...

Genesis Matrix Trading

nasty!!! — thats a nasty drawdown....all the best

EURUSD

....usd index daily — long??

EURUSD

...bear recipe!! — we have a strong dollar and strong yen situation....thats a very reliable bear scenario....strong usd index and strong yen index....i expect some form of retracement before a continued down move...the usd index is already ...

EURUSD

............... — EU was playing catch-up with the GU and AU..:nerd:....i think...

EURUSD

dojis on the daily.. — A lot of people have cited dojis on the dailies as a sign for reversal....i think thats a very biased view...to me, dojis simply mean indecision....from there on,you start looking out for a break of resistance or ...

EURUSD

.... — i think an ideal SL is atleast 50pips...then BE maybe after 25-30pips..i am sorely tempted to short the GBP and AUD... but i'ill wait, thats something i've been working on...Patience...i"ill wait for the daily close, re-evaluate my ...

Trades based on Market Geometry and Price Action

...lines not yet aligned — we have a weak usd-strong yen situation right now...for an ideal bull market, we would be looking for both usd and yen weakness...the usd index has been flirting around a very strong support on the daily, a breach of ...

Trades based on Market Geometry and Price Action

.... — hi dk, i hope u covered your pound shorts.....

Trades based on Market Geometry and Price Action

...just a thought — whenever i switch to my "genesis" charts,i dnt bother with stoch,whether its over-bought or over-sold...cos i have seen situations where it shows over-bought and still heads up to give valuable pips..i think the MA is a ...

Genesis Matrix Trading

eu and gu — i still believe the EU and GU are still looking bullish, i think this drop is just a correction for Friday's rally..although anything could change, my plans is to buy dips...also watching the fundamentals, any good "news" wld be ...

Trades based on Market Geometry and Price Action

...... — hi Dk, been following your thread. its really interesting. Although i am not a believer in market geometry(trendlines and all),i firmly believe in supports and resistances(these might also fall into the geometric category) On the ...

Trades based on Market Geometry and Price Action

..... — the AUD is a very special case...i'd rather stick to GU and EU...AU on the daily is at a resistance...a double top, if you are considering going long, tight stops...or better still, wait for a breakout...

Genesis Matrix Trading

.... — we might see a bounce up.....time will tell, but the downside looks very limited.....last week's candle was a strong bull candle,so i suspect everyone will be buying dips....

Genesis Matrix Trading

..... — shorts triggered on eu and gu m15...will wait till london open, there's something suspicious about this range

Genesis Matrix Trading

... — Tough luck..a 390pips goal is very attainable,but I think you need to consider your MM strategy..why not convert your 40-60pips SL into eg 5% of your equity,so that if you sustain a hit,it isn't so bad..you made a mistake,learn from it ...

Trades based on Market Geometry and Price Action

... — Hi, I want to believe this is a trending strategy,I am a strong believer in letting your profits run..this is just my 2cents,instead of using a fixed TP of 20pips,you can scale out 50% at 20pips and set the rest at BE..cos once your ...

Genesis Matrix Trading

... — Hi, I've been going thru the thread,am a fan of symphonie also..the success of a system depends largely on the trader,if you consistently do the right thing,you will get the right results..firstly,learn to look at larger TFs,H1 and H4 ...

Genesis Matrix Trading

Ok..green pips to you

EURUSD