Disliked{quote} UJ - Opened some new longs. Seems like someone is interested of buying. {image}Ignored
Whatever is obvious is obviously wrong!"
Sonic R.evolution 95 replies
The System Behind the System, by Merlin Jeffries 16 replies
Old School Sonic System + Other Things 11 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
Disliked{quote} UJ - Opened some new longs. Seems like someone is interested of buying. {image}Ignored
DislikedShorting AUDCHF @ these levels - 8705, 8710 and 8730. Stop Loss Order @ 8760. First Target 8610. Reasons- 1) Triple top 2) Ultra high volume (in fact highest in last 6 months ) coming in that cant push the price up thru resistance. Must mean time to go lower. 3) Fundamentally I believe CHF will be better than risk on currencies in near term. {image}Ignored
Disliked{quote} PVSRA, Lesson Learned High volume at lows does indeed denote buying. What we don't know is if it is buying to close shorts, or buying to open longs, or both. This is the reason that in order to reduce risk in our trading we wait to ".....let the Dragon and PA show the way.....", as Master Sonicdeejay has instructed. If we enter long while PA is still below the Dragon, and maybe the Dragon is still angled down, we run the risk it was only buying to close some shorts. The MMs might still be bears just taking some profit. They might retrace...Ignored
DislikedHave someone ever tried to trade with GBPNZD pair? It looks interesting pair, spread is little bit higher, but there are a lot of pips available. Sonic classic works well on this pair also. I'm gonna try this pair soon{image}
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DislikedEURCAD- I might be playing with fire here, but a short order set up for EURO CAD at 14220, s/l @ 14260. {image}Ignored
DislikedI have not in years. Too wide of spreads and too volatile. I trade EUROAUD and GBP AUD instead. {quote}Ignored
Disliked{quote} UJ - Opened some new longs. Seems like someone is interested of buying. {image}Ignored
Disliked{quote} What news? No high impact releases today. It doesn't matter sellers or buyers, what matters is that someone is buying there and shaking everybodys out.Ignored