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- #67,763
- Mar 23, 2014 10:23pm Mar 23, 2014 10:23pm
GBPJPY Short Trade Opened: Entered short #1, M1 Classic. Today the MMs hiked price above RDH, on and followed by very notable volume, and the 1/2 Level just below RDH is a significant S&R Level acting as resistance in the H1 down trend. {image}
I have been holding on for 2 weeks to these trades and there is no sign of a Bull "run for profits" any time soon.
but price has been in the accumulation phase for the last 7 trading days.
time to swallow my pride, close out all the GJ trades for a loss and run as hard as i can in the other direction
GJ - 7000 pips
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{quote} I saw this and thought that this cant be right or more like, i am heavily long and didnt want to close out those trades for a loss
Maybe you could have held on to them just a bit longer..... for a bit of profit. I'll think about shorting in the 170.5-171 range--if it gets there
- #67,766
- Mar 24, 2014 1:21am Mar 24, 2014 1:21am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
UJ
Keeping my eye on this one, to me it looks like MM are re-hiking price above key levels they like to build at before letting UJ carry on its way down. I will be conservatively watching to see if LS/NY offers any scouting opportunities above the half/upper quarter/whole numbers if it doesn't begin to slide down before then..
Keeping my eye on this one, to me it looks like MM are re-hiking price above key levels they like to build at before letting UJ carry on its way down. I will be conservatively watching to see if LS/NY offers any scouting opportunities above the half/upper quarter/whole numbers if it doesn't begin to slide down before then..
- #67,768
- Edited 3:46am Mar 24, 2014 3:28am | Edited 3:46am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
GU - Classic
- #67,770
- Mar 24, 2014 3:44am Mar 24, 2014 3:44am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #67,771
- Edited 4:49am Mar 24, 2014 4:34am | Edited 4:49am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"
- #67,772
- Mar 24, 2014 4:41am Mar 24, 2014 4:41am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
GU - Classic {image}
- #67,775
- Edited 6:07pm Mar 24, 2014 5:56am | Edited 6:07pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Hi folks, I have one problem - SonicR template and indys not work on my Windows 8. Some ideas?
Hello, Could someone tell me how to remove this from charts? I attached a screenshot to show what exactly i want to remove
Hi, I'm new in forex. I would like ask what is mean these on chart: RDL RDH PVT DS MS DR MR Thanks in advance.
-tah
- #67,778
- Edited 7:12am Mar 24, 2014 6:39am | Edited 7:12am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} LESSON ABOUT STOPPING VOLUME Thanks for the information provided. it really make a lot of meaning to me when reading over the weekend. haven know the importance of HIGH VOLUME as STOPPING VOLUME, which will not disclose to us if trend is going to reverse or just a little retracement before continuation. Sir, I agree that we cant know where price will move next. But what are those things we need to look out for to be able to make a reasonable prediction that trend is about to change or just a retracement in order to re-load long or short....
What!? How many times must this be said, "We cannot know how price will move next, nor when trends will reverse." Period! Get that thru your thick skull! Okay? There should never be any "predicting". Look to PVSRA for signs of what the MMs are, bulls or bears. Look to PVSRA for indications of what phase they are in, "Building" or "Run for Profits". Wait for a Classic setup that is in agreement with what the MMs are, and that appears to be within the "Run for Profits" phase.
Please go back and re-read about PVSRA! You really need to, after asking such a question as this after all that has been written about PVSRA, and recently re-posted in order to be sure everyone is up-to-date on PVSRA! I cannot believe you asked such a question!
-tah
- #67,779
- Mar 24, 2014 6:45am Mar 24, 2014 6:45am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
TAH,
Your Monday Prayer; "God please grant me patience, but hurry"
(this is mine daily)
Your Monday Prayer; "God please grant me patience, but hurry"
(this is mine daily)
Keep It Simple
- #67,780
- Edited 7:30am Mar 24, 2014 6:51am | Edited 7:30am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
All Sonicers, Please Read Our Updated Post #1
To All Sonicers,
Post #1 is the most important post in this thread. This is the post that instructs everyone on what to do to get started on the road to being a member of our team of Sonicers.
This post is updated today. Included in the update is an emphasis consisting of three warnings to readers of the post. These warnings are not to scare folks away, but to be sure that we have done everything reasonable to alert them as to how important it is for them to do here what they are instructed to do. If they do not do what they are instructed to do, then we will continue to see post after post after post by new folks that are needlessly asking questions and are thereby cluttering the thread with needless posts.
I ask every Sonicer to re-read Post #1. I ask every Sonicer to understand that newbies that ask questions that indicate they have not taken Post #1 seriously, should not themselves be taken seriously. They should be referred back to Post #1. Their questions should not be answered if the information we have provided via Post #1 has already answered their questions.
We cannot keep people from being lazy. And we cannot keep lazy people from dropping in. But we can be firm and united in our response to them. Anyone who by their posts, repeatedly shows they are out of compliance with Post #1 and apparently not caring that such is the case, will be expelled from this thread, so that the rest of us can continue to grow in our application of the Sonic R. System, unencumbered by interruptions of those that do not want to put in the efforts required. Everything we provide here is free: The best indicators anywhere, templates and information. If folks will not at least read and study as they are instructed, then they are not serious and they are not team players, and we should not bother with them. This thread will be better for it, and we will have more time to trade and make money.
-tah
To All Sonicers,
Post #1 is the most important post in this thread. This is the post that instructs everyone on what to do to get started on the road to being a member of our team of Sonicers.
This post is updated today. Included in the update is an emphasis consisting of three warnings to readers of the post. These warnings are not to scare folks away, but to be sure that we have done everything reasonable to alert them as to how important it is for them to do here what they are instructed to do. If they do not do what they are instructed to do, then we will continue to see post after post after post by new folks that are needlessly asking questions and are thereby cluttering the thread with needless posts.
I ask every Sonicer to re-read Post #1. I ask every Sonicer to understand that newbies that ask questions that indicate they have not taken Post #1 seriously, should not themselves be taken seriously. They should be referred back to Post #1. Their questions should not be answered if the information we have provided via Post #1 has already answered their questions.
We cannot keep people from being lazy. And we cannot keep lazy people from dropping in. But we can be firm and united in our response to them. Anyone who by their posts, repeatedly shows they are out of compliance with Post #1 and apparently not caring that such is the case, will be expelled from this thread, so that the rest of us can continue to grow in our application of the Sonic R. System, unencumbered by interruptions of those that do not want to put in the efforts required. Everything we provide here is free: The best indicators anywhere, templates and information. If folks will not at least read and study as they are instructed, then they are not serious and they are not team players, and we should not bother with them. This thread will be better for it, and we will have more time to trade and make money.
-tah