Looks like the 61.8 held on the daily, Who knows
![](https://resources.faireconomy.media/images/emojis/64/1f937-200d-2642-fe0f.png?v=15.1)
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DislikedEU:
Here is a thought. Price is showing definate Bear signs and dropping. Yet, still the USD release is coming. What an opportunity for a whipsaw. If EU is being shorted, and shorting liquidity is too lean for the market to load shorts without dropping price too early, then......let everyone see the price drifting lower so they too will short. Then later, whipsaw the price 100+ pips to hit stops on the new shorts, increase liquidity, and get large short order filled high,.....the Market's strategy today?Ignored
DislikedMy entry long on Gold,by sonic re-entry stratagy.Comments welcomed.
(trend up,cci red to green,closely SL)
AttachmentIgnored
DislikedEU:
Here is a thought. Price is showing definate Bear signs and dropping. Yet, still the USD release is coming. What an opportunity for a whipsaw. If EU is being shorted, and shorting liquidity is too lean for the market to load shorts without dropping price too early, then......let everyone see the price drifting lower so they will do the shorting. Later, whipsaw the price 100-150+ pips to hit stops on the new shorts, increase liquidity, and get large short order filled high,.....the Market's strategy today?
1. Draw them in
2. Suck them dry
3....Ignored
DislikedEU:
Here is a thought. Price is showing definate Bear signs and dropping. Yet, still the USD release is coming. What an opportunity for a whipsaw. If EU is being shorted, and shorting liquidity is too lean for the market to load shorts without dropping price too early, then......let everyone see the price drifting lower so they will do the shorting. Later, whipsaw the price 100-150+ pips to hit stops on the new shorts, increase liquidity, and get large short order filled high,.....the Market's strategy today?
1. Draw them in
2. Suck them...Ignored
DislikedLooks good. Still, make your own decisions. Nice that PA just previously put in a double bottom tap. This could give impetus for a move on the larger side (see 3rd possible TP area).
Ops, sorry. Just noticed you posted the SL was hit. Suggestions for placement of the SL include just beyond the start of either leg 1 or leg 2 of the PA Wave. In the pic I attached, it is in between these two locations. Again, you have to decide for yourself, but you simply placed the SL much to close to the current price action.Ignored
DislikedThis was my long from yesterday (TP was hit already). Now I plan to open a new long somewhere between 1.429-1.428 depending on the PA around that region (except we go below 1.4253), with a TP around 1.437x .
Let the market decide.Ignored
DislikedSince than a new SonicR long set-up was formed on M5. It was quick and has been closed already at TP.Ignored
DislikedSince then a new SonicR long set-up was formed on M5. It was quick and has been closed already at TP.Ignored
DislikedGood trading, Sunbrella!
Perhaps I'm tired from yesterday, because I can't seem to get the right "feel" just now. So, I am waiting for the release, and maybe for a good while afterwards, to see what is what with the market.Ignored