Dislikedyep, and it is a neckline of that not true SHS pattern as well. and fibo 38. could be good place to think shortIgnored
Possible stoppin vol..
No more new long or me..for now
http://images1.wikia.nocookie.net/__...unny_dance.gif
Sonic
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Dislikedyep, and it is a neckline of that not true SHS pattern as well. and fibo 38. could be good place to think shortIgnored
Disliked1.431x touched with relatively hugh vol..
Possible stoppin vol..
No more new long or me..for now
http://images1.wikia.nocookie.net/__...unny_dance.gif
SonicIgnored
Dislikedhi Mrsaini
I'm learning it as well, so I'm not the one to follow
but here is my chart.
note red support line at the bottom and red filled candle within lower yellow circle - I supposed it is stopping volume on second retest of support, I've jumped in immediately.
unloaded part of order at second (higher red line, upper yelow circle) as there is 23% fibo retracement of move down 1.4495->1.4070, it made some resistance few times. now I've put my eyes on region of yellow and green lines - if PA will refuse go up, i'll close the resto of...Ignored
DislikedIgnored
Dislikedit was good week for me, recovered all last weeks losses and even got profit in total. will put some stats later.
SL of rest position set to automatic trailing with 55 pips distance. nice weather came after a lot of rain. time to leave PC. now time for beer channelIgnored
Dislikedit was good week for me, recovered all last weeks losses and even got profit in total. will put some stats later.
SL of rest position set to automatic trailing with 55 pips distance. nice weather came after a lot of rain. time to leave PC. now time for beer channelIgnored
DislikedEU:
Friday, this presented a good SonicR long trade. The WAVE gave H-L-HL, with the HL put in as the London session got underway. There was high volume on the WAVE leg 2 indicating the BBs were loading up for the run which was to come in the opposite directon. And all this WAVE up/down/up action overlayed a half number, which is a good natural S&R area from which to launch a run. The WAVE demonstrates a PA bounce up from the half number S&R area. The only fly in the ointment is the entry shown, which is before the end of the first candle...Ignored
DislikedEU:
Your analysis on higher TF charts noted the big drop, but failed to pick up the possible WAVE up on H1, which was already 2/3 developed and with the initial part of leg 3 being built upwards into the London open. And right after a big run, you should consider that price might do a retrace. On M15, the only way you could have avoided the bad trade down would be to have waited to see if PA dropped past the previous low, which it did not. Then you would have known it was going up instead, any you could have ented when PA went past the previous...Ignored
DislikedEU:
Last week, pure SonicR found trades in both directions. While the Sonic Scout is a great "reverse move" compliment to SoncR, pure SonicR is much less risky. It is just a matter of waiting, and letting the trades come to you.
I know, it looks easy "after the fact", doesn't it! My trades were not these trades, and I bet yours were not either. But, the SonicR trades were easy, so maybe we are pushing too hard....entering early, looking for lows or highs, etc.
The only "questionable" entry is for the last trade, which is shown...Ignored
Dislikednot me..
I have a open lot of EU long abt +200 pips..
No other..
SonicIgnored
DislikedEU:
The only "questionable" entry is for the last trade, which is shown to be an entry after price exceeded a previous high, rather than waiting for a few pips beyond that exceptionally tall candle exiting up from the Dragon. Such an entry would be an understandable deviation from the SonicR rules, imho.Ignored