AUDCAD
Short opened
High volume "supercandle" buying up into resistance
Short opened
High volume "supercandle" buying up into resistance
The System Behind the System, by Merlin Jeffries 16 replies
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Would you trade this system? New system #2. 10 replies
DislikedUsdCad comment As we all know UsdCad MMs is bear and is currently in the "Run for profit phase". And we want to wait for high notable volume at high to continue shorting it. {image} In h4 tf, the dragon is facing down and below 89 ema. And we see a double bottom created yesterday. It may suck in more long and create liquidity for MMs to continue shorting UsdCad. {image} In this 5min chart, we starts seeing Asia MMs start doing something at the high with those notable volume. We might need to wait for a bit longer to see what LO and NY bring us on...Ignored
DislikedEur Jpy Bull or Bears? Hi Prof TAH, I am a little confused with the attached chart and am sitting at the sidelines. Would you care to comment? Maybe I should look at HTF? {image}Ignored
DislikedAUDUSD Short Trade Opened: Entered short #1, Classic re-entry. No TP at this time. Might or might not close today. {image}Ignored
Disliked{quote} EURJPY: 1. WEEK chart shows lower HLs. 2. WEEK chart Fibonacci retrace level suggests retrace might be at/near highs of retrace, but cannot be sure. 3. WEEK chart PVA on current week part of retrace shows substantial move to the retrace highs on amazingly little volume, which suggests Bears spiking price for liquidity for shorting (triggering pending short stops and pending long orders). {image}Ignored
Disliked{quote} GBPJPY Short Trade Update: Added short #12, Scout. Previous post should have stated "Added shorts #5-11, Scouts." {image}Ignored
Disliked{quote} GBPJPY Short Trade Update: Added short #13, Scout, as MMs run the price up just before GBP high impact release, and based on previous PVSRA indications the MMs are bears that are pushing the price up for liquidity for shorting by triggering pending stops on shorts and triggering pending long orders. {image}Ignored