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- Tymedu replied Dec 5, 2013
That it's something really really important and I forgot to point it out. After the 3 push, price can make a reversal or, as you said, it can be consolidating and ranging to continue the previous trend. It's not that easy like 3 down 3 up. That is ...
Sonic R. System
- Tymedu replied Dec 5, 2013
Glad you like it guys. @Catcher, my explanation it's not exactly Elliot waves. Maybe in that example it looks like an Elliot Wave theory but sometimes the waves I refer breaks the Elliot theory I think. I'm not sure because I never read about Elliot ...
Sonic R. System
- Tymedu replied Dec 5, 2013
Combining 3 waves with PVSRA Here is something I've been thinking. As I said I read a lot about price action, etc. One of the things that normally the price does is a 3 waves trend (it's not the only one). Sometimes PVSRA starts to tell us if MMs ...
Sonic R. System
- Tymedu replied Dec 5, 2013
I'm not here to convince you. I'm just giving my opinion. It's possible to predict where the price will go, but of course is extremely difficult. There is a way to know where will go. However, there are more variables like how or when, those are (as ...
Sonic R. System
- Tymedu replied Dec 5, 2013
Be careful, it would be normal to see something like this. Best, Tymedu.
Sonic R. System
- Tymedu replied Dec 5, 2013
Just to clarify. I did not say that I know where will the price go, I said that it's possible to know it. I'm still a novice trader who is focussing in that area. It's all about study, practice and experience, as I said. I always shared my theories ...
Sonic R. System
- Tymedu replied Dec 4, 2013
That is an excellent trade, congratulations. You read the price perfectly and the signs were clear. It's so nice to see somebody here combining price action with SonicR system. Looking forward to see more trades.
Sonic R. System
- Tymedu replied Dec 4, 2013
Actually, you can. It's all about training and experience, like everything.
Sonic R. System
- Tymedu replied Nov 20, 2013
Fair enough. And I agree, FOMC minutes will shake the price out probably with nice wicks and so on. I decided to close my shorts to open them again later. If I'm right I will get a better entry + secured profits and if I'm wrong well, then I will ...
Sonic R. System
- Tymedu replied Nov 20, 2013
If you want to analyse the volume I recommend you to go into charts smaller than H1. H1 and bigger you will have less details because they reflect the session activity more than important volume zones. However in that chart was pretty clear the ...
Sonic R. System
- Tymedu replied Nov 20, 2013
Thanks loeil, glad you liked it. GU is in a very nice setup right now as well. Waiting to see how to close this H1 candle but if you see 3 volume in both legs of the "M", it looks very bearish. 3 push down, W, 3 push up, M, ... Best, Tymedu.
Sonic R. System
- Tymedu replied Nov 20, 2013
GM guys. Great analysis TAH, however I would like to write here my 2 cents and my vision about the EU. Right now, MMs are working trying to win some liquidity. Why? They know that the price is in a critical point and there is a lot of people with ...
Sonic R. System
- Tymedu replied Nov 18, 2013
Hi wenaaa. I do like the long, but only if you are looking for a short term trade. Why? Let's take a look to the H1 chart (which I normally use as a base for my analysis). We had a huge stop hunt as I marked you in the image followed by a W pattern ...
Sonic R. System
- Tymedu replied Nov 18, 2013
Hi guys! So nice to see you are fighting and beating the markets as usual! I was off for a couple of months because my mom was in the hospital so as you can imagine, I didn't have time nor mood to be posting or trading at all. Fortunately, ...
Sonic R. System
- Tymedu replied Sep 4, 2013
Exactly, that's the plan. But even with that this trade is being shit due to the R/R and profit/time ratio. Both are so bad and that's the problem normally with PVSRA. If you trade with a correct exposure / bank management, your R/R and profit/time ...
Sonic R. System
- Tymedu replied Sep 4, 2013
EU I closed my trades in profit to bank some pips because the downtrend is broken now but I still believe in a mid term short trade. but meanwhile I decided to close those trades I had in positive and I banked 1286 pips (around 3%). This is the ...
Sonic R. System