DislikedCorrect. In the Sonic R System, the Trend is the 89ema. And it is best for long trading if the Price Activity is already above the Trend. But be careful on this one because upwards PA might be just a "pullback" before more downside. Note stopping volume at previous low in WAVE, and then volume increased on WAVE leg #2, which many times indicates loading up short for downwards move. An upwards move will find the Trend as resistance, and it is only about 25 pips above and coming down.Ignored
- #18,723
- Mar 28, 2011 2:10am Mar 28, 2011 2:10am
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- #18,724
- Edited 2:56am Mar 28, 2011 2:14am | Edited 2:56am
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- #18,727
- Mar 28, 2011 2:50am Mar 28, 2011 2:50am
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- #18,728
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- #18,729
- Mar 28, 2011 3:08am Mar 28, 2011 3:08am
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- #18,730
- Edited 3:44am Mar 28, 2011 3:12am | Edited 3:44am
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- #18,732
- Mar 28, 2011 4:06am Mar 28, 2011 4:06am
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- Mar 28, 2011 4:29am Mar 28, 2011 4:29am
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"Being picky only cost your time - not MONEY"...Hans
- #18,737
- Mar 28, 2011 4:34am Mar 28, 2011 4:34am
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"Being picky only cost your time - not MONEY"...Hans
- #18,738
- Mar 28, 2011 4:36am Mar 28, 2011 4:36am
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- #18,740
- Mar 28, 2011 4:41am Mar 28, 2011 4:41am
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