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Sonic R. System

  • #59,761
  • Sep 23, 2013 2:40am Sep 23, 2013 2:40am
EU interesting..increasing volume in resistance zone..but still I see indecision in the air..
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Strong bearish reaction. But still no confirmation.
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Whatever is obvious is obviously wrong!"
  • #59,762
  • Sep 23, 2013 2:57am Sep 23, 2013 2:57am
Poor German flash Manf PMI, so wait, then sell in 0737 gmt bar.....close before € data....or put in a tight SL to protect profits...
Trading Levels with WRBs
  • #59,763
  • Sep 23, 2013 3:04am Sep 23, 2013 3:04am
Looking for more re-entries @ UY:
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Everything is possible!!! Step by Step...
  • #59,764
  • Sep 23, 2013 3:06am Sep 23, 2013 3:06am
Quoting Islander
Three Dragons GM - the clearest trades so far were just before FO, Buying GbpUsd and Selling UsdJpy.....UJ closed, Gbp still open. Remember there are Several Red News events in EurUsd this morning and the German Election results have yet to be digested by the markets.....
I am interested to know how long you keep sideeways trades like GU open. I closed my first GU for 1 pip, then reopened only to close again for one pip or thereabouts at which point I decided it was not a goer (especially in light of EU action).

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UJ I agree although I think there were two this morning as shown. The second one I would be interested to know your view on. There was a pullback over about an hour that took it back to the 61.8 fib making a good run unlikely but still a valid 3 dragons signal.

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Interestingly my analysis of the higher timeframe charts put UJ in the undecided basket, and GU and EU in the Bull basket.

What was your take this morning on these?

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Anyway all in all positive pips but still not happy with my timing of entries and exits which is key to keep the ratio of profit to costs right when trading this way. Always room for improvement.

Lastly my utmost support to TAH who as ever presents everything warts and all. Undoubtedly he will return with the new improved PVSRA.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #59,765
  • Sep 23, 2013 3:11am Sep 23, 2013 3:11am
NZD/USD just a SL no TP gonna let this one ride. Anticipating a breakout. We'll see what happens.
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  • #59,766
  • Sep 23, 2013 3:17am Sep 23, 2013 3:17am
Quoting maflip
NZD/USD just a SL no TP gonna let this one ride. Anticipating a breakout. We'll see what happens. {image}
Will I get it? Or, I'm smoking crack?
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  • #59,767
  • Sep 23, 2013 3:33am Sep 23, 2013 3:33am
Quoting maflip
{quote} Will I get it? Or, I'm smoking crack? {image}


Come on keep going ROFL.

My scalper personality is telling me go take the scalp dummy LOL. What should I do? Any advice? LOL
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  • #59,768
  • Sep 23, 2013 3:38am Sep 23, 2013 3:38am
Quoting DmitryFX
Looking for more re-entries @ UY: {image}
Re-entry:
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SL of 1st trade adjusted.
Everything is possible!!! Step by Step...
  • #59,769
  • Sep 23, 2013 3:39am Sep 23, 2013 3:39am
Quoting maflip
{quote} Come on keep going ROFL. My scalper personality is telling me go take the scalp dummy LOL. What should I do? Any advice? LOL {image}
But my greedy self is telling me. You are already up today anyway. Take one loss and it's ok. But if you are right you might make 3-5 times the $23 you are putting at risk. So yeah, it's a battle within myself right now lol.
  • #59,770
  • Sep 23, 2013 3:43am Sep 23, 2013 3:43am
Quoting revoli
{quote} I am interested to know how long you keep sideeways trades like GU open. I closed my first GU for 1 pip, then reopened only to close again for one pip or thereabouts at which point I decided it was not a goer (especially in light of EU action). {image} UJ I agree although I think there were two this morning as shown. The second one I would be interested to know your view on. There was a pullback over about an hour that took it back to the 61.8 fib making a good run unlikely but still a valid 3 dragons signal. {image} Interestingly my analysis...

GU has been a pain - upward sloping 5m & 15m Dragons with separation, but soooo slow. I look 30m and 60m after the start of a swing - also, remeber that like we have the sweet spots at **25, **50 etc, so it pays to watch around the turn of the hour

As I am basically trading off the 5m Dragon, I mostly just take notice of the next higher Dragon - the 15m - sometimes its 89 ema too....any higher TF is too far out for this intra day trading whilst in a range.

GU looks to have stalled -¿reversed, ?? at its 6050 level, so I'm flat there.

UJ is still under its Dragons, but again rather slow after two little pushes down with 10 - 15 available...... so I guess we wait for the US traders....time for a break
Trading Levels with WRBs
  • #59,771
  • Sep 23, 2013 3:50am Sep 23, 2013 3:50am
UJ analysis

Bearish trend..possible scenario on UJ.

Price rejected in 61.8fibo. We might see some test to this area again.
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Whatever is obvious is obviously wrong!"
  • #59,772
  • Sep 23, 2013 3:51am Sep 23, 2013 3:51am
Quoting maflip
{quote} But my greedy self is telling me. You are already up today anyway. Take one loss and it's ok. But if you are right you might make 3-5 times the $23 you are putting at risk. So yeah, it's a battle within myself right now lol.
Stop at Breakeven, ok for me it's risk free now. Go UP SO MORE YOU CAN DO IT...
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  • #59,773
  • Sep 23, 2013 3:53am Sep 23, 2013 3:53am
Quoting maflip
{quote} Stop at Breakeven, ok for me it's risk free now. Go UP SO MORE YOU CAN DO IT... {image}
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  • #59,774
  • Sep 23, 2013 3:59am Sep 23, 2013 3:59am
Quoting maflip
{quote} {image}
Took partial profit. Bring home a little bacon just in case.
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  • #59,775
  • Sep 23, 2013 4:02am Sep 23, 2013 4:02am
Quoting maflip
{quote} Took partial profit. Bring home a little bacon just in case. {image}
Scalpers CAN beat the MM's
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  • #59,776
  • Sep 23, 2013 4:05am Sep 23, 2013 4:05am
Quoting maflip
{quote} Scalpers CAN beat the MM's {image}
AWESOME! You are really the scalping master here!

Guys go watch and learn from the best!
Whatever is obvious is obviously wrong!"
  • #59,777
  • Sep 23, 2013 4:14am Sep 23, 2013 4:14am
Quoting loeil
{quote} AWESOME! You are really the scalping master here! Guys go watch and learn from the best!
Just money management Take more than you loose. And no I'm noob lol

  • #59,778
  • Sep 23, 2013 4:19am Sep 23, 2013 4:19am
Quoting maflip
{quote} Just money management Take more than you loose. And no I'm noob lol
I closed it, I gotta sell setup at EU.
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  • #59,779
  • Sep 23, 2013 4:20am Sep 23, 2013 4:20am
Missed EU short entry but catch-up re-entry:
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Everything is possible!!! Step by Step...
  • #59,780
  • Sep 23, 2013 4:40am Sep 23, 2013 4:40am
God, I like my new analysis
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Whatever is obvious is obviously wrong!"
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