I know the secret...
- #45,462
- Mar 28, 2013 5:13am Mar 28, 2013 5:13am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
I got stopped out of U/J. I have no clue how to spot these "fakey's"...
Everything is possible!!! Step by Step...
- #45,463
- Mar 28, 2013 6:08am Mar 28, 2013 6:08am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I got stopped out of U/J. I have no clue how to spot these "fakey's"...
I know the secret...
- #45,468
- Mar 28, 2013 6:43am Mar 28, 2013 6:43am
USD/JPY LONG
Type: Classic
Dragon: Yes (Upward)
Trend: Below PA ( Going towards below Dragon )
Wave: Leg 1 Cut Through, Leg 2 Cut half and bounce, Leg 3 Bounce off Trend Line )
Volume: Red Bar at 94.0320 (Could be end of selling )
Risk: Average - Stop Loss Put Below 93.871 (Low)
Type: Classic
Dragon: Yes (Upward)
Trend: Below PA ( Going towards below Dragon )
Wave: Leg 1 Cut Through, Leg 2 Cut half and bounce, Leg 3 Bounce off Trend Line )
Volume: Red Bar at 94.0320 (Could be end of selling )
Risk: Average - Stop Loss Put Below 93.871 (Low)
Trading is something special.
- #45,471
- Edited 7:37am Mar 28, 2013 7:15am | Edited 7:37am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
Closed EU EC and EA.
Need to be leaving from screen, so don't want to leave these running.
UC and GU still open.
+405pips already from today
http://www.forexfactory.com/jrissa#48
Need to be leaving from screen, so don't want to leave these running.
UC and GU still open.
+405pips already from today
http://www.forexfactory.com/jrissa#48
Inserted Video
I know the secret...
- #45,472
- Mar 28, 2013 7:27am Mar 28, 2013 7:27am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #45,473
- Mar 28, 2013 7:30am Mar 28, 2013 7:30am
AUD/USD Short - Re - Entry
(Light Blue Color Line) At the point of my chart, it doesn't exist yet
Type: Re-entry
Dragon: Facing Downward
Trend: Above PA
Waves: YES
Volume: I don't know
SL: Above Daily Pivot
TP: 1.0370 (Before the 1.036x) Rally
(Light Blue Color Line) At the point of my chart, it doesn't exist yet
Type: Re-entry
Dragon: Facing Downward
Trend: Above PA
Waves: YES
Volume: I don't know
SL: Above Daily Pivot
TP: 1.0370 (Before the 1.036x) Rally
Trading is something special.
- #45,474
- Mar 28, 2013 7:41am Mar 28, 2013 7:41am
- | Joined Nov 2011 | Status: the probability trader | 1,110 Posts
Closed EU EC and EA.
Need to be leaving from screen, so don't want to leave these running.
UC and GU still open.
+405pips already from today
http://www.forexfactory.com/jrissa#48
http://youtu.be/WOg4f09CJzE
You are MANIAC!
Tell us how do you do it)
Everything is possible!!! Step by Step...
- #45,475
- Mar 28, 2013 7:45am Mar 28, 2013 7:45am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...
- #45,476
- Mar 28, 2013 7:46am Mar 28, 2013 7:46am
There's no secret... Every entry is posted live in this thread when opened. Just following Sonic R rules and reading charts for support/resistance points... And of course using this wonderfull volume analysis that I have learned from Professor TAH.
Trading is something special.
- #45,477
- Edited 7:59am Mar 28, 2013 7:47am | Edited 7:59am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Price-Volume Analysis Lesson:
The attached M15 chart for UCad clearly shows two times the MMs spiked the price below the half number on high activity. Below whole and half numbers is where the MMs prefer to build long. You should look at your M1 charts for these two events and see for yourself how the activity picked up once the MMs got the prices low! This is how to use price and volume to determine if the MMs are bulls or are bears.
The MMs are bulls on UCad, putting on bearish price action as they continue to build long for an eventual move higher. Once you determine if MMs are bulls or are bears, you still won't know the "timing" of the eventual move they are planning for. It could come at any time, and sometimes not for many, many days. High impact releases upcoming in one to several days can often turn out to be the "timing" the MMs plan on. Sometimes, however, the MMs can put the move on "hold" and wait until into the next week, or even beyond.
-tah
The attached M15 chart for UCad clearly shows two times the MMs spiked the price below the half number on high activity. Below whole and half numbers is where the MMs prefer to build long. You should look at your M1 charts for these two events and see for yourself how the activity picked up once the MMs got the prices low! This is how to use price and volume to determine if the MMs are bulls or are bears.
The MMs are bulls on UCad, putting on bearish price action as they continue to build long for an eventual move higher. Once you determine if MMs are bulls or are bears, you still won't know the "timing" of the eventual move they are planning for. It could come at any time, and sometimes not for many, many days. High impact releases upcoming in one to several days can often turn out to be the "timing" the MMs plan on. Sometimes, however, the MMs can put the move on "hold" and wait until into the next week, or even beyond.
-tah
- #45,480
- Mar 28, 2013 8:01am Mar 28, 2013 8:01am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
I know the secret...