Good point, especially for those of us very new. I try determine my plan before coming check the forum, doesnt always work out, but at least i get to learn where and how i go wrong.

EU Trailing stop hit Close +22 pips

EY Closed Manual @ 103.07 for +39 pips

TAH, when the stop loss you indicated in the pic was taken out, why did you continue to hold the position?

EU: Short EP @ 1.2973 SL @ 1.3043 TP1@ 1.2925 - RDL TP2@ 1.2850 - RWL EY : Short EP @ 103.46 SL @ 103.94 TP1@ 102.94 ~ RDL Any advice much appreciated

Besides learning and using the SonicR system, these insights from the contributing members are one of the main reasons i am grateful for this thread. Thank you

Thanks TAH. If you see something like this play out and you are short, do you just take as a caution or already as an indication to start covering or exit short positions?

Not trading, still learning, hence cant let confusion lie without conclusion

Sonic, i am also interested in an answer to this question. From the attached pic, I saw 2 short setups, and without seeing the two bars circled in red, I cant see a way of knowing that the setups were "false". I am confused. Would someone be so kind ...

I think the rules for re-entry would make the EP @ 1.313x.

Hard Lesson Learnt — Yesterday I set my SL exactly 2 pips below last significant low, which was duly breached and the price went up to get to my original TP. Not a very nice way to learn what "SL beyond last significant high/low is"

Reinforces the wait till into LO — Patience is a virtue

EUR/JPY — Hi All, First post. After seeing many referneces to the importance of understanign Volume along with the PA, I have spent the last 2 weeks trying to learn to interpret the volume. Trying to put it to practice. Is what i'm seeing ...