Sonic R. System

Quoting JRissa

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{quote} Yes. I'm planning to maby add longs, if price retraces more. Using SL because GBP high impact news coming in one hour, so can't know whats going to happen Here's what I think. {image}

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Quoting sonicdeejay

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We are the champion.. Sonic {image}

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Quoting JRissa

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{quote} Now we are at my estimated retrace point. Will it hold? Don't know, but activity is getting really high {image}

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Quoting Tymedu

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GU: Added short scout #1. There was this night a very small candle with huge volume and now the price is pushed above rounded number (1.53). I think the MM's are building their shorts prior to GBP important news today. All this push happened in asian session, pre LO, as you can see in the image. SO, EP @1.5316. No TP atm and pending SL but it will be probably above 1.54, which is the crucial resistance. Happy trading! {image}

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Quoting JRissa

Disliked

{quote} Yes. I'm planning to maby add longs, if price retraces more. Using SL because GBP high impact news coming in one hour, so can't know whats going to happen Here's what I think. {image}

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Quoting Tymedu

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{quote} SL hit. I put it in break even before the news when I had the trade +28pips but with the volatility it closes with -20 pips, shit happens .

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Quoting Ravelt

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{quote} You are Beast, Jrissa.... {image}

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Quoting DmitryFX

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{quote} Thats why i don't like to trade agains trade.

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Quoting traderathome

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GU: Entered M15 Classic long. Have been waiting for these bull MMs to drop the price to lower whole number. I still have a pending long order at 1.5199 in case they do. No SL, no TP at this time. Edit: Added long trade #2, Scout as price fell to local S&R area (pic. 2). Still waiting to see if MMs get it to whole number. {image} {image}

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Quoting traderathome

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{quote} GU Long Trade: Entered long #3, a Scout. MMs still have not made it down to the whole number. Maybe the US MMs will. {image}

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Quoting traderathome

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{quote} GU Long Trade: Added long #4, a Scout as price starts moving back up from retrace. The MMs are bulls. LO MMs might attempt to get the price below the half number to add longs. I have a pending long order there, just in case. {image}

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Quoting traderathome

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{quote} GU Long Trade: Added long #5, Scout below half number. {image}

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Quoting traderathome

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{quote} GU Long Trade: Added trade #6, Scout, MMs drove price below 1/2 number to below 1/4 number area with high trading below half number (M1 confirmed) proving MMs are bulls loading up on longs. {image}

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Quoting traderathome

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{quote} GU Long Trade: Added long #7, Scout. M1 PVSRA shows MMs dropped price (Price consideration) resulting in higher volumes (notable Volume consideration) as price was lowered down thru the half number (S&R consideration), confirming MMs are bulls lowering price to add longs. {image}

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Quoting sonicdeejay

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We are the champion.. Sonic {image}

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Quoting traderathome

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{quote} GJ Short Trade: Added short #4, Scout. MMs are driving up the price again, with high follow-on volumes, indicating the MMs continue to be bears that are raising prices to add shorts. {image}

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Quoting DmitryFX

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{quote} So, as you can see before BLOW OUT the price were touched ema 89. It was too risky to be sure about what side the move will go. This time you took happy ticket. But for long term trading it is not very good idea.

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Quoting JRissa

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EJ Classic Sonic R short entry. EP 129.21 SL 129.95 TP open {image}

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