DislikedUJ Started some long positions based on volume and priceaction. H {image}Ignored
M15.
The System Behind the System, by Merlin Jeffries 16 replies
Sonic R.evolution 93 replies
Old School Sonic System + Other Things 11 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedUJ Started some long positions based on volume and priceaction. H {image}Ignored
Disliked{quote} Very nice place for build long start after open market. M15. {image}Ignored
DislikedSummary Remarks Post #1 of this thread has been updated as preparation for the pending release of our new indicators for the new MT4 v600+ builds. Trading this week was light, but profitable, with all parts closed at profit and for an average of 157 pips gain per part! -tahIgnored
Disliked{quote} {quote} PVSRA: GU, Bulls or Bears? Now I can explain my short, as you requested. The first pic. attached is my initial entry you asked about. The second pic. is the current status of the short trade. The answer to your question is.... We cannot know how price will move next, nor when trends will reverse. What we can know is if the MMs are bulls or bears and by doing a good PVSRA we can choose a decent place to start to build a trade where "there will never be a 'Best' entry, because there is no such thing in real-time trading!" From that...Ignored
Disliked{quote} No offense Tah, but I would dis agree with you. Well I see that this is not for me, LOM or averaging is really bad for my stats, thats why I cant use it, big equity draw done. Instead I am concentrating more on the perfect entry , from your 4 Ep make sense only one fourth one, for me, H&S at 1,67 with a weakness in the back ground. Your first short doesn't make sense to me, may be we have different view, but I saw buying at that point and went long.Ignored
Dislikedbuilding short on EU. MMs may push the price to 1.4000 area before the US news and Markdown {image} {image}Ignored
Disliked{quote} Prof. TAH thanks for the information above, infact i cant wait to have our new Sonic indicators. Sir, i am worried about the EU trade i placed some days ago. I short at various level, although i started building position too early. This is my first time of letting my trade run into weekend, since we cannot know where price will go next, most especially during the weekend where we can have a big gap on resumption of Sunday evening. what do you think about my EU trade, should I close it or just wait till monday. {image}Ignored
Disliked{quote} Very nice place for build long start after open market. M15. {image}Ignored
Dislikedblessed EU will go up to 1.3977-1.3992 and nice drop....if not ur good anyways ...i would add positions at that point for short.....why?....cuz the way they handled USD .....next week Pound yen ....usd jpy should go up ...in fact Usd/Jpy gave perfect buy before close.....not sure what TAH would say L&MIgnored
Disliked{quote} thanks Prof. I get your point Sir.... I am still in the trade currently. Let wait and see what will happen this week. Happy trading week ahead. LOVE YOU PROF.Ignored
DislikedUJ Comment I could be wrong about this, but I think it appropriate to caution about longs on this one. DAY chart show very active selling last Thursday. Even Friday there was attempted no pullback. Friday was down with about as much activity as Thursday. M15 does show high activity at the lows on Friday, but that could be something other than "stopping" volume ahead of a price reversal. It could simply be volume to stop the drop, yes for a price hike, but only for reloading of shorts. In which case, the hike might not be so good a long trade. Of...Ignored
DislikedTAH, quite rude of me to ask but 70k+ pips over that period of time.. What were/are your lot sizes then and now? This IS personal, you obviously do not have to answer. But PM me if you wish to, you seem very successful and i'd like to know. ^.^ Regards, Aura.Ignored
Disliked{quote} If this on your D1 is start of possible scenario (GJ D1 from 2011), i thinking of buying on bottom of red candles (at M15 with V>1000), opening long at every 50-100p down (up to max. 4 positions) TP at every 20-50p and BE for every tallest trade. If price retrace up, im fine, i got my little pips for meet daily needs. If price go down, i still have backup from that little pips to survive on "south pole". With this my micro-acc. can survive abyss of cca. 2500p. Em i right or miss something? {image}Ignored