Catch of the day. 6 trades, 6 winners, +103 pips, Period.
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DislikedCatch of the day. 6 trades, 6 winners, +103 pips, Period.
http://www.youtube.com/watch?v=PbgKEjNBHqM
SonicIgnored
DislikedCatch of the day. 6 trades, 6 winners, +103 pips, Period.
http://www.youtube.com/watch?v=j8tpjZ0qz3w
SonicIgnored
DislikedThe key is that the Dragon has upward angle and that PA is above the Dragon (and better still if above the Trend Line). By the time the Dragon crosses the Trend Line this will be into a "re-entry" situation. The location of the wave and Dragon setup is well situated relative to the half number.
This could end up a bit premature, which is to say that the MMs might pull it back down later, maybe to previous lows. Anything can happen, but this is a decent setup with decent building volume starting it off.Ignored
DislikedGU:
Here, here and here! All three are simply events where bullish MMs reduced prices to get themselves more longs at better prices. Are they finished? Who knows. We still have the US MMs coming to the table later, and they might do the same also.
-tahIgnored
DislikedCatch of the day. 6 trades, 6 winners, +103 pips, Period.
SonicIgnored
DislikedIgnored
DislikedAU:
Here is possibly an opportunity for a long trade. Note the highlighted volumes are as big as anything in the torpedoing this got, and they start from the very bottom upwards. This price-volume picture looks like the MMs torpedoed the price to start building longs at more favorable prices. Since this is a pair that can move better than some others during the Asian session, it might bear more watching. The Asian session MMs might also take the price back down some to load up longs, so some patience is required as the Dragon itself might do a...Ignored
DislikedGU:
...............Told cha!
Seriously, some here post trades after-the-fact. I am only trying to help others by giving advance notification, according to what I see. Soros once made billions betting against the GBP, and I am still wondering if he recently bet for it......
-tahIgnored