Wonder what is a stopping volume. I get the possible re-entry, however LONG trade..... looking at your M15 chart and going thru the SonicR rules, that might happen maybe in the afternoon?
... If SonicR is a simple system, I must be blond.
I just can't get it.
Stopping volume is just an intense increase in trading activity.., like the trading syndicates (it is believed) are buying at the lowest possible price without letting the price to fall down in commensurate with the volume of trading activity seen, although this is relative since volume in forex is not centralized.., and TAH was just speculating it based on the support that the Euro might have found and to go long again there are rules to be followed in SonicR.., so it is better to study through the posts.
. Hope this helps.
Simple doesn't mean easy. I don't like having too many indicators on my chart, so I can actually see the PA. That's why I am having my eyes on Sonic. I'm just trying to find some sort of standard rules, which seems to be Mission Impossible, as the last manual dates more 2 years back and judging by the screenshots in the forum, nobody is using the original version anymore. Stock, metals etc., not my thing. Been there prior 2009. Steady 10% every month is a great performance.
(i mean "stone age setups,trades")