{quote} GJ - closed for 6247 pips gain{image}
Btw, congratz on your trades! good job!
fokyou forexfactory
{quote} Loeil, what can I say, you shock me I do not have words to congradulate you on this trade I don't think dictionary has published them yet. If I was female I would be asking for your babies put it that way Well done fd
Inserted Video
- #63,103
- Dec 6, 2013 6:39am Dec 6, 2013 6:39am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #63,104
- Dec 6, 2013 6:52am Dec 6, 2013 6:52am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Market Comment:
My guess is big things are to happen, because the market pulled off some dandy whipsaws today, some well exceeding 100 pips. Whipsaws are designed to confuse and confiscate. They create additional liquidity for the MMs by hitting the pending stops of "right side" trades and by hitting the pending orders for "wrong side" entries. And with today's whipsaws one can only imagine how much confiscating and liquidating the MMs pulled off! It is so important to have a good read on the status of MMs well before such release events as occurred this morning, because they don't change their positions when the releases come. They add to them. Well, I guess theoretically, and maybe once in a rare while, they will change positions, but then we'd see whipsaws of 200-300 pips, or more!
My guess is big things are to happen, because the market pulled off some dandy whipsaws today, some well exceeding 100 pips. Whipsaws are designed to confuse and confiscate. They create additional liquidity for the MMs by hitting the pending stops of "right side" trades and by hitting the pending orders for "wrong side" entries. And with today's whipsaws one can only imagine how much confiscating and liquidating the MMs pulled off! It is so important to have a good read on the status of MMs well before such release events as occurred this morning, because they don't change their positions when the releases come. They add to them. Well, I guess theoretically, and maybe once in a rare while, they will change positions, but then we'd see whipsaws of 200-300 pips, or more!
When I click on the link on page one in this sentence,
it takes me to a youtube video. ? ? ? ? ? ? ?
You also can check out our best contributer Professor TAH's templates HERE and
Is my computer having issues, or is the link really incorrect?
it takes me to a youtube video. ? ? ? ? ? ? ?
You also can check out our best contributer Professor TAH's templates HERE and
Is my computer having issues, or is the link really incorrect?
- #63,106
- Dec 6, 2013 7:30am Dec 6, 2013 7:30am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
When I click on the link on page one in this sentence, it takes me to a youtube video. ? ? ? ? ? ? ? You also can check out our best contributer Professor TAH's templates HERE and Is my computer having issues, or is the link really incorrect?
Hi ArtfulDodger,
You are correct. The link goes to the wrong place. About 12 hours ago I noticed FF had a problem, as I could not "obtain" the most recent page. I posted and the post never appeared. And it still has not appeared, many hours later.
Please use the "Contact FF" link at the bottom of this page and report clearly that at least one link in Post #1 of the Sonic R. System thread has been corrupted. There might be others corrupted, also. Please report this right away.
Thanks,
-tah
- #63,108
- Dec 6, 2013 7:45am Dec 6, 2013 7:45am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #63,109
- Dec 6, 2013 8:06am Dec 6, 2013 8:06am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #63,110
- Dec 6, 2013 8:10am Dec 6, 2013 8:10am
- Joined Oct 2012 | Status: Bear pips catching ....... | 165 Posts
{quote} Hi ArtfulDodger, You are correct. The link goes to the wrong place. About 12 hours ago I noticed FF had a problem, as I could not "obtain" the most recent page. I posted and the post never appeared. And it still has not appeared, many hours later. Please use the "Contact FF" link at the bottom of this page and report clearly that at least one link in Post #1 of the Sonic R. System thread has been corrupted. There might be others corrupted, also. Please report this right away. Thanks, -tah
If you think you can do a thing or think you can't do a thing, you're right
{quote} In honor of this touching moment.....
....AD like it, will try keep short, Loeil has repeatedly posted closed trades of large pip gains maybe others are not so surprised or amazed I just look at my trading over past 4yrs on and of and always end up with burned account, psychology and emotion get in my way...that I need to over come.I look at the trades Loeil posts and to hold in for so long when the movement is against him...so I find it great that some one firstly picks the trades, then kahooners to hold onto it not only that but also add to it as it goes along and then not get out when a little profit but waits till it is at such a point to get near maximum gains. I know few traders that either have great entries but exit only after gaining up to 100 pips or less or bad entries and down for some time before it comes back then only get out after as small pip gain considering the loss one could of had so to hold in even after 500 to 1000 is some thing but 6000+ is pretty awesome...TAH also posts some great trades and results so I just wanted to post what I felt and thought at the time of seeing his trade.
Being single parent 50% of the time and over my usual work I really want the fx to work for me but think and feel that I want it too bad or need it too much to work hence it doesn't seem to go in my favour.
I don't know any one as yet that makes a living from it but dibbles and some I know make little bits to pay for their holidays and toys etc
Seeing this makes me want to sell the house rent for a while use collateral to do fx and hold on for longer as larger account.
I wonder if there is a point where the loss is too great and totally wrong does one close it at such a large amount...I have a lot of learning to do and as said before re-read the PVSRA manual.
fd
- #63,112
- Dec 7, 2013 6:34am Dec 7, 2013 6:34am
- | Commercial User | Joined Mar 2008 | 9,071 Posts | Online Now
Can Someone tell me why GJ has behaved the way it behaved on last Friday?? Sonic P.S This is the test and I would like to know from new sonikers.. {image}
Reasons for opening long on GBP/JPY :
1. W: Previous W candle strong bullish, no major resistance = Bullish bias
2. 4H: Big correction on the 4H that can make us doubt. But Bullish engulfing bar. ( see blue rectangle )
3. 15M: Strong down move. Down move stopped but high volume. 1 - 2 - 3 formation. Entering on break.
Comments welcome
- #63,115
- Dec 7, 2013 8:20am Dec 7, 2013 8:20am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote}
After I posted that video, I began to have second thoughts as to whether
or not it would be taken in the right way. Just having a little fun here.
I agree, what Loeil has done with that trade was very impressive, but you
have to approach a trade such as that one with caution (and enough
bankroll) to pull it off. My hat is off to him.
- #63,117
- Edited 12:15pm Dec 7, 2013 11:55am | Edited 12:15pm
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
Can Someone tell me why GJ has behaved the way it behaved on last Friday?? Sonic P.S This is the test and I would like to know from new sonikers.. {image}
Unsure based of only the sonic system
Gj has been going up for some time, needed a retrace to take out some stops and create liquidity in the market
Brought price down under the whole number then re added to there longs
I'm missing data of weekly chart but on 15m you can see main volume's are selling all the way down to under the whole number then all the volume there after was buying and pushing the price back up
How ever this could be a push up to take out shorts too as since price got above the whole number there hasn't been any volume as yet
Will be interesting to see next week though daily candle finishing Friday was bullish engulfing do bias would be long on break out of this flag penant
It would be nice to see your thoughts Sonic and I am open to criticism and videos if need be lol
reposted as original chart didn't show all info
