I'm going to try this Reentry trade...just half of my usually lot size...
we'll see.
edit: now in the game.
"Being picky only cost your time - not MONEY"...Hans
- #18,881
- Mar 31, 2011 7:56am Mar 31, 2011 7:56am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
- #18,882
- Mar 31, 2011 8:09am Mar 31, 2011 8:09am
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
sl to BE+1...now it's a free trade
enigma4x
enjoy my life ... and ride the waves - all what I do
- #18,884
- Mar 31, 2011 8:18am Mar 31, 2011 8:18am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
Nando_rich, excellent trade
"Being picky only cost your time - not MONEY"...Hans
- #18,885
- Mar 31, 2011 8:19am Mar 31, 2011 8:19am
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
sl to BE+1...now it's a free trade
realy great, I found what you mean. It is example 6.
but for me it was to risky -
enigma4x
enjoy my life ... and ride the waves - all what I do
- #18,886
- Mar 31, 2011 8:24am Mar 31, 2011 8:24am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
sl to BE+1...now it's a free trade
Like the master says...SonicR is rock
The end of another excelent month with SonicR system (the first month as Pro-Money-Manager)...thanks for all (especially the masters: sonic, TAH, enigma, etc.)
Good lucky for all!!!
Regards.
"Being picky only cost your time - not MONEY"...Hans
- #18,887
- Mar 31, 2011 8:31am Mar 31, 2011 8:31am
Congrats nando! Really nice trade in line with all the rules.
Well done & nice profit
Well done & nice profit
Hit the TP 100 fibo extended and or for +60 pips...
Like the master says...SonicR is rock
The end of another excelent month with SonicR system (the first month as Pro-Money-Manager)...thanks for all (especially the masters: sonic, TAH, enigma, etc.)
Good lucky for all!!!
Regards.
Hit the TP 100 fibo extended and or for +60 pips...
Like the master says...SonicR is rock
The end of another excelent month with SonicR system (the first month as Pro-Money-Manager)...thanks for all (especially the masters: sonic, TAH, enigma, etc.)
Good lucky for all!!!
Regards.
Regards
- #18,894
- Mar 31, 2011 10:49am Mar 31, 2011 10:49am
- | Commercial User | Joined Mar 2008 | 9,074 Posts
A nice touch back to DR1 1.416x level..
Simple bounce is on the way...
It can easily go to 1.416x...and I expect to high vol coming in..
Sonic
So the run down in previous hours might be a SO(shake Out) for a weak long and to trap new shorts..
Gd Nite..tomorrow will be fun,,
Sonic
- #18,896
- Mar 31, 2011 11:20am Mar 31, 2011 11:20am
Do not like the mkt..on a close look...realize that 1.416x can be a nice support too.. (see red vertical lines)
So the run down in previous hours might be a SO(shake Out) for a weak long and to trap new shorts..
Gd Nite..tomorrow will be fun,,
Sonic
- #18,897
- Mar 31, 2011 2:26pm Mar 31, 2011 2:26pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #18,898
- Mar 31, 2011 2:43pm Mar 31, 2011 2:43pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GU:
There was a storm in my area early in the morning (1st half of London session) and so I closed down. But before I did, I took the same trade that I see some others did. It was straight forward.
ES (entry short = red) just below whole number. SL (stop loss = black) was placed just above upper half number and above previous PA. TP (take profit = green) was placed just below the lower quarter number where there is a S&R area (gray bar).
Profit was 71 pips.
The weather is still threatening this afternoon. And more is incoming, so I have no idea what my attendance for the Friday session will be. It might be a good day to just sit out.
I already had, and still have a GU short trade with an average EP of 1.6041 running with no target. Same with GU, EU, AU and UCad. So I might just sit out tomorrow, bad weather or not.
Regards,
-tah
There was a storm in my area early in the morning (1st half of London session) and so I closed down. But before I did, I took the same trade that I see some others did. It was straight forward.
ES (entry short = red) just below whole number. SL (stop loss = black) was placed just above upper half number and above previous PA. TP (take profit = green) was placed just below the lower quarter number where there is a S&R area (gray bar).
Profit was 71 pips.
The weather is still threatening this afternoon. And more is incoming, so I have no idea what my attendance for the Friday session will be. It might be a good day to just sit out.
I already had, and still have a GU short trade with an average EP of 1.6041 running with no target. Same with GU, EU, AU and UCad. So I might just sit out tomorrow, bad weather or not.
Regards,
-tah
- #18,899
- Mar 31, 2011 3:03pm Mar 31, 2011 3:03pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EJ:
The situation here might be worth keeping an eye on. This pair is not directly related to tomorrow's NFP release.
The M30 volume analysis shows the highest volume (black bar) was for a candle running down off the highs, which indicates heavy shorting. Since then, the BBs have managed the price to move gradually back up to the previous highs and the whole number area. And this last move back up looks like the BBs are resetting the price high again in preparation for another round of heavy shorting, which could happen in conjunction with the NFP release. But also, there is a JPY high impact release about 4 hours from now, and so a move could happen sooner than the NFP release.
Until there is a move, the BBs will probably range this (consolidation) while less obtrusively building short positions.
This is speculative.
The situation here might be worth keeping an eye on. This pair is not directly related to tomorrow's NFP release.
The M30 volume analysis shows the highest volume (black bar) was for a candle running down off the highs, which indicates heavy shorting. Since then, the BBs have managed the price to move gradually back up to the previous highs and the whole number area. And this last move back up looks like the BBs are resetting the price high again in preparation for another round of heavy shorting, which could happen in conjunction with the NFP release. But also, there is a JPY high impact release about 4 hours from now, and so a move could happen sooner than the NFP release.
Until there is a move, the BBs will probably range this (consolidation) while less obtrusively building short positions.
This is speculative.
- #18,900
- Mar 31, 2011 3:17pm Mar 31, 2011 3:17pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
UCad:
Today, PA made two more bounces up off a low area created yesterday (gray bar). Moreover, the M30 volume analysis shows the highest volume is for a candle that surged up from the lows. This is an indication that the BBs were heavily buying. In fact, the three tallest volume bars are all for candles running up off the lows!
Since then, the BBs managed the price back to the lows on reducing volume. This is an indication of "resetting" the price for another round of aggressisve buying at some later point. Currently, the price has modestly made the third bounce.
This is all bullish. This is all in an area just below a whole number. And this is all happening in advance of the NFP tomorrow. So, this all has the look of BBs keeping the price low while they build long positiions ahead of the high impact releases tomorrow.
This is speculative.
Today, PA made two more bounces up off a low area created yesterday (gray bar). Moreover, the M30 volume analysis shows the highest volume is for a candle that surged up from the lows. This is an indication that the BBs were heavily buying. In fact, the three tallest volume bars are all for candles running up off the lows!
Since then, the BBs managed the price back to the lows on reducing volume. This is an indication of "resetting" the price for another round of aggressisve buying at some later point. Currently, the price has modestly made the third bounce.
This is all bullish. This is all in an area just below a whole number. And this is all happening in advance of the NFP tomorrow. So, this all has the look of BBs keeping the price low while they build long positiions ahead of the high impact releases tomorrow.
This is speculative.
