Sonic R. System

B3 uses another style of Money Management. You know what I mean.
then come Evolution, it is yet another pips harvesting monster... not need to use VSA and its hybrid.
What is more important is 'shirt protection'.

Hi, I saw your entries that were successfully. I want to know how many pips was your stop loss from your entries 127.92 and 128.17 ?

ONCEX I WAS NEWBIE




BIG GUYS DONT USE STOPLOSS, IM SILL IN EJ SELL TRADE AND MY SL IS MOST RECENT HIGH...

Prices held in a narrow range, BUT with both € and UJ having Higher Lows, this is now turning the 5 min dragons up, suggesting higher prices to come. Thus it would not be surprising to see these hold into tomorrow for Non Farm Payrolls - probably THE most important data of the month.....TWT

The 10 day ADR in €J was 227 a week ago and is now only 155, suggesting that a range expansion is overdue

@ irfanhashim. Using RED Capitals is shouting out that you are STILL a newbie.

i am short to in EJ but a little bit late. Which was your entry price and how did you specify and noticed the LH ?

Great observation fex

Though strangely your post was missed by those that swear by volume indicator.

thank you so much

Added long

audcad#


pvsra

Last call....


Place your bet..





Sonic

ANYOTHER SELL

Fex
I will give you how I see it. It's experimental for me and I do not claim to be an expert so this is me learning more than trying to impart wisdom.

If you ook back over the last 24 hours or so at the one minute chart you consistently see the same pattern. The price is being shoved up and then there is volume near the highs. This is the smart money lining up for a move, circled on my pic below in 15 min chart (Go look at these areas in 1m in detail to make sure you are happy it adds up).



Ideally go back over a one minute chart and put yourself in smart moneys shoes, I think it helps to try to think as smart money might. Conversely one must not get hoodwinked into believeing ones won story. Try doing it the other way, look at the M1 chart and see if you can convince yourself that smart money is grabbing longs at the lows. If you can then stay clear and wait. What you are tryoing to find is a sufficient body of evidence, enough clues to give you confience which way smart money is betting. For me on EJ it is still down. However you do not get a decent down run without some longs being suckered in so it is vital to the health of a move that there is some up activity. That I think is what we are seeing now and may see for a while. I have no idea when this will go lower but believe it will.

Looking at the 1 min chart you are quite right. In isolation there is evidence of shorts covering and some long scalping going on and as Sonic has clearly shown there are some great intradday trades to be had on the upside - which I have to admit is my normal bread and butter. But we are not looking in isolation we are looking at it in the context of the broader picture which evidences shorts for smart money rather than longs.



Can we use this to second guess the upcoming news - not on your nelly. The hypotheses here is that irrespective of the news MM's will force EJ lower, possibly using the news as an opportunity to ramp up again before a fall. Who knows.

Double Edged Sword...

Just the way I love it..I think Professor TAH must be having sweet dreams


Sonic

3 hrs later...

There are blood .. I do not mind as long as they are not sonikers'...

Told Cha..


Sonic

Double Edged Sword...

Just the way I love it..I think Professor TAH must be having sweet dreams

Sonic

Yep take out the downside stops then send it back up....I bought the lows and just banked at the ** level.....now for S. Draghi....


Refi was cut by .25% to .50 as expected, the deposit rate was held at 0% and the marginal rate was cut by 50 bps....

PS the cut in the marginal rate was NOT expected.....

I have a good boost up in my acc this week....
and I am also preparating for the day that SL come visit me..





Sonic

Try to find a 1m candle with more volume xD. I didn't find one like that in the entire past month. And just above 1.32

Much respect tymedu, did you check same event though?
I'm loving PVSRA, you don't have to jettison all old rules though, one of mine is not to trade ECB/FED, maybe 1/2 hrs later there begins some predictability.
I get it, charts/moves can complete for you here but it is just off my tolerance meter.

From earlier today "Prices held in a narrow range, BUT with both € and UJ having Higher Lows, this is now turning the 5 min dragons up, suggesting higher prices to come."

More Yen weakness, following the consecutive HLs in UJ pushed it up more than 100 pips and €J up to my target from yesterday. I tried for the **00 level, but had to settle for the **75 level after a 1 min LH....and I just closed some shorts too as the spike highs were just that

PVSRA, A Winner! A Hands Down Winner!

A huge whipsaw by the MMs for liquidity for their shorting. Ram the price up to stop out shorts and trigger "wrong side" pending long orders. Then ram the price down again to stop out those longs! Liquidity! It is all about the MMs getting liquidity to fill their own short orders! No doubt can there be now which way the profit making run goes! By the looks of this whipsaw effort the MMs put on, it could be a doozy, too!

Good Morning, Sonicers! (including the Doubting Thomases).

-tah

Great observation Tymedu, that's explain what's the 100 pips drop in 30min , and i think it's just the beginning
all respect to PVSRA