Hi Sonic,
Where is your protege TAH?
Probably he still says its sellers manipulating price and not real buying...
The guy must be down around 600-700 pips with all the averaging he has been doing.. I think he is short at 3500, 3600 3700 and 3800 something like that... You are a good man for trying to warn him but looks like he needs to get burned so that he learns this is not the way to trade...
Keep up the good work
You, on the other hand, Pips 4 All, come across as one eager to gloat on what you perceive as another person's state of trouble.
To any Sonikers following my trades.....
A very high number of past, closed trades were of multiple entries, just as the three I have currently running. So when they were closed, for example with a 100 pip profit, if they were a 10 part trade I actually made 1,000 pips. All such trades were only posted, however, as having made 100 pips. I post all trade results from entry/average entry......to......close. No trade was ever posted as that result.....times (x)......the number of parts. So, the three currently running trades, while of multiple parts, are nothing new. I could close them RIGHT NOW, and not suffer.
......and my take on EU, based on the M15 PV story (Price/Volume) is unchanged; is that sellers dominate. You can see on the attached M15 chart that most of the trading activity in the past few days has been at the highs, not the lows. Moreover, you can see that yesterday both low and high side volume was down. This says to me that traders are losing interest in EU altogether. Perhaps more have come to the same conclusion as I have, and have decided to sit it out now, until the end of this ongoing farce of contrived upside swings.
I wish that all Sonikers know that I very much appreciate their kind words of support. At times when that might not seem the popular thing to do, I understand the genuine caring behind such action. I also wish to reiterate something, so as to make it perfectly clear. Sonicdeejay is our Master of the Sonic R System. He does not have to go on proving it, so we are most blessed by his continued post of trades and market comments. Personally, I take all he says to heart, including his remarks of caution.
Good Sonic R System trading to all!
Regards,
-traderathome
