EU:
Something worth considering?
Something worth considering?
Sonic R.evolution 94 replies
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Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedI have put my Long SL @ 1.306x area.. to protect profit..
SonicIgnored
DislikedMaster Sonicdeejay entered long here:
http://www.forexfactory.com/showthre...31#post5576431
Yes, it would be better if he posted the links back to the trade entry, but,.......the world is not a perfect place.Ignored
DislikedEU: US BBs did a liquidity creation drive up. Mental SL is bumped to above previous significant highs and will be lowered again once PA drops below lower whole number. The fact of this liquidiy creation drive speaks well to the bear bias of the BBs, but further upside attempts are not out of the question. Trade is not "out of the woods" yet. On the positive side, if this carries over to tomorrow the TP might get lowered if the new RDL mark warrants.Ignored
DislikedEU: This asian session activity looks quite bearish. Maybe today the overall market will follow-thru bearishly. I've lowered the TP, which is now 100+ pips below the swing high. Remember, this tends to swing in 100+, 150+, etc. pip moves.Ignored
DislikedGU:
And look at this one. The BBs just apparently headfaked the price on a whole number/upper TL "breakout", also on exceptionally high trading activity. I have to say this,....it looks like something is afoot, brewing.....and could end up in a strong USD move on some pairs. I have no idea when. Today? This week? This is all speculative, so keep this in mind.Ignored
DislikedGU:
And look at this one. The BBs just apparently headfaked the price on a whole number/upper TL "breakout", also on exceptionally high trading activity. I have to say this,....it looks like something is afoot, brewing.....and could end up in a strong USD move on some pairs. I have no idea when. Today? This week? This is all speculative, so keep this in mind. But note that there are three important USD high impact releases tomorrow.Ignored
DislikedEU:
Added trade #2 short (EP= 1.3090). This is a SonicR re-entry and is based on the pullback upwards in the down trend, a pullback exhibiting exceptionally high activity at the highs of the pullback.Ignored
DislikedCurrently short AU also @ 1.03896. TP 3278. SL is currently at BE. Just gonna ride it out.Ignored
DislikedEU:
While the asian session started with bearish action, and while the market today may follow thru with bearish action, note the SR area in the attached picture. Do not be surprised if the BBs drive price back up into that area before any serious downside move. It is not guaranteed they will do this, but it is a distinct possibility especially if a downside move is in the making for later today.-tahIgnored
DislikedEU:
The pullup to SR finally happened, and less of a pullup than before. This could set the stage for tomorrow following the multiple USD high impact releases; the true and serious downside move which is yet to happen. This is speculative.Ignored
DislikedAh yes, Im in this too since 0.9160 earlier in the day. Heres a M30 chart to show reasoning for placement of TP in both charts around strong S/R zone in red.Ignored