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- andyvxr replied Jan 25, 2013
Well wish you all the best for future trading. This is my big goodbye from the thread, its been nice knowing you guys, but as of this morning my trading career, came to an abrupt end. Blown yet another account by over trading and adding to losing ...
- andyvxr replied Jan 24, 2013
Don't you mean speechless lol
- andyvxr replied Jan 24, 2013
Hi, Yeah hopefully ! No the upper band has nothing to do with the head and shoulders pattern oh the sonic system its something I used as part of my system, mainly to show price extremes and price targets.
- andyvxr replied Jan 24, 2013
Well got this wrong, the EURJPY has worked its way up to the 120.00 handle. I have added another short here at 119.93. Attached Chart gives reasons as to why. 1. Gap needs to be filled. 2. Head and shoulders pattern. 3. Top of band on the 4 hour ...
- andyvxr replied Jan 24, 2013
Whats I am getting ready for and on the Euro
- andyvxr replied Jan 24, 2013
Finished as a No Demand
- andyvxr replied Jan 24, 2013
Looks good to me
- andyvxr replied Jan 24, 2013
Hi, I don't think the price action will get that much further up, I don't think the SM need to, but yes I would first expect a fall to the 117.50 area, and then be looking for absorption high volume bar to break the neck line and measure the fall ...
- andyvxr replied Jan 24, 2013
My Take On EURUSD. There was a Buying Climax to the far left of the chart, which in turn has knocked the PA into a sideways phase of Distribution. The Distribution Phase as been pretty lengthy, indicating a larger move south, my target is 1.30 as ...
- andyvxr replied Jan 24, 2013
That is a possibility yes. I must add I am not saying anyone is right or wrong in this thread, its just my opinion, I don't like to preach, just what I see and how I view the market using VSA.
- andyvxr replied Jan 24, 2013
Seems to me the EURJPY is creating the right shoulder now with this price action which we know is a topping formation for a larger ride south. As TAH said yesterday its good to have healthy corrections, retraces and swings in price action. But this ...
- andyvxr replied Jan 24, 2013
Suppose time will tell, I play a longer game than you guys, so a move against me 100 pips doesn't hurt me. I brought the Eurjpy up right at the tops at 120.35, so still in profit but I hold a lot longer till 111.50ish area.
- andyvxr replied Jan 24, 2013
No its bearish, as up bars hold the weakness, remember SM can't sell into a down bar, have to sell into an up bar, look now at the price action on Eurjpy. Distribution as taken place in the following bar, shot up and come all way back down, did say ...
- andyvxr replied Jan 24, 2013
Beware euro longs !!! Some swift up and down spikes this morning all news manipulated. Spike down poor French numbers Spike up excellent German numbers But...... the last hour on the EURJPY confirms SM still short, it was an up bar on high volume ...
- andyvxr replied Jan 23, 2013
And there we have it, the drop in eurusd that was stopped by the fixing selling interest by the SM at 1.15pm, now we are back down to the bottom of the range 1.3280 support, but if this volume gets bigger and breaks the support on the hourly that ...
- andyvxr replied Jan 23, 2013
Pumpty Dumpty lol like it, did it sit on a wall ?
- andyvxr replied Jan 23, 2013
No i was on about the 1.15pm eurusd fixing, and there was sell interest at that fixing. Looks like it was as its stopping light volume move up and since then the price action has come off the high.
- andyvxr replied Jan 23, 2013
2 minutes and down we go !
- andyvxr replied Jan 22, 2013
The ST your talking about is the Secondary Test which has been tested but like i say the test of the Wyckoff principal failed so i cant see this being Accumulation
- andyvxr replied Jan 22, 2013
My take on the EURCHF. Again you are going to have to forgive me as I am on my laptop downstairs, in which I dont have snag it on to attached a chart for you, but will do in the morning. Right I am currently shorting this cross from 1.2480 and ...