This reminds me about GU trading few days back:
http://www.forexfactory.com/showthre...48#post6616648
I'm seeing too much volumes (buying) at lows to consider this going down too easy.
I know the secret...
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Disliked{quote} I'd be careful and wait for price to go below 1.2870. This reminds me about GU trading few days back: http://www.forexfactory.com/showthre...48#post6616648 I'm seeing too much volumes at lows to consider this going down too easy. {image}Ignored
DislikedI am having fun with EJ short.. Now Yao Ming Bar spotted.. High spread bar with big vol.. Sonic {image}Ignored
DislikedEJ Long trade Sonic R 5min setup before wave confirmed. PVSRA support for trade. EP 128.39 SL 127.80 TP open. {image}Ignored
Disliked{quote} Is PVSRA basically just buying at every low (support level) on a downtrend with the knowledge that the price is going to eventually turn in the other direction? Still very confused.Ignored
Disliked{quote} I banked mine so I can quit for the day with a clean sheet but you could stick a stop under last low and ride it until you see volume spikes at a resistance point. Alternatively next level might be 61.8 fib combined with sloping resistance. Or it might just blow the whole way! {image}Ignored
Disliked{quote} ArtfulDodger, It is still experimenting with PVSRA and I see putting a lot of emphasis on the M1 volume climax .... I stick to PASR + VSA, proven and tested over and over again...it is evergreen trading method. Just put uour own proven money management and know how to manage for maximum profit run. Learn to cut loss, learn to build up positions and not averaging down by adding to losing positions. What is also very important is the mental fitness and that we have to manage ourselves as a trader. regards,Ignored
Disliked{quote} Eh revoli, I like your volume indicator, can you share it, please?Ignored
Disliked{quote} This is the standard SonicR volume indie (I put an extra standard deviation line in mine though). Go to page 1 and download SonicR by GuruKris file. Has the lot.Ignored
DislikedAJ long Sonic R entry. Below trend, otherwice ok. Supported by PVSRA. {image}Ignored
Disliked{image}{quote} 5 hr later.. Told Cha.. Sadly.. My short closed with fewer pips.. Sonic {image}Ignored
DislikedEJ Long trade Sonic R 5min setup before wave confirmed. PVSRA support for trade. EP 128.39 SL 127.80 TP open. {image}Ignored
Disliked{quote} It's messy as I just threw another indicator at it. open this indicator on your chart first: {file} Then drop the normal SonicR indicator on top of it. It gives you a 2 standard deviation line based over 240 bars (so 4 hours on 1 min, 20 hours on 5 min) etc. I did ping TAH to see if he thought it might be good for the next release but no idea if he is looking at it.Ignored