EURUSD M1 my entry with SL. Maybe wrong. {image}
- #67,942
- Mar 27, 2014 11:06am Mar 27, 2014 11:06am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #67,944
- Mar 27, 2014 11:30am Mar 27, 2014 11:30am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Am i starting to get the point of this nice system ? Sended only some scouts, since im still learning. Do i see a classic setup here ? Any Help is welcome{image}
Slow Moe, yes, it is a Classic short setup. Your entries all look fine, two Scouts and then a Classic, and your trade is now off to a good start.
- #67,946
- Mar 27, 2014 12:29pm Mar 27, 2014 12:29pm
- Joined Oct 2012 | Status: Bear pips catching ....... | 165 Posts
{quote} UC Short Trade Update: I still have open short trade and added scout #9. {image}
Added scouts #10-11
If you think you can do a thing or think you can't do a thing, you're right
- #67,952
- Mar 27, 2014 2:50pm Mar 27, 2014 2:50pm
- Joined Oct 2012 | Status: Bear pips catching ....... | 165 Posts
{quote} whoa.... i just noticed who is your broker? they are still on 4 digit.....
The Pro account uses 5 digits, but uses only leverage 1:100.
If you think you can do a thing or think you can't do a thing, you're right
{quote} Admiral Markets, look at my profile. I use a Standard account, which has 4-digit, but I have leverage up to 1:500. The Pro account uses 5 digits, but uses only leverage 1:100.
- #67,956
- Edited 5:20pm Mar 27, 2014 4:56pm | Edited 5:20pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
USDCAD has been falling for too long now..I think bullish season should come in the near future
Stop it! Now! That is your immaturity as a trader showing. Never, never, ever allow yourself to have such baseless bias. We cannot know how the price will move next. Accept that or get out of trading before you lose what you have. All you are doing is setting yourself up for more failure.
Believe me, because I and many others have "been there, done that." That very thought can insidiously affect how you see things when trying to perform a proper analysis.
Furthermore, do not post "opinion". Post an analysis, complete with properly annotated chart. Nobody here is interested in anyone's opinion, only in analysis and only in analysis properly charted. Remember Rule #1, No pic.....No post! You are clearly warned about this in Post #1. I suggest you go back and more carefully read Post #1, as the number of warnings a person gets is limited.
Yes, I understand it is difficult for someone to come to a thread and hold back on posting, because it seems the prime reason folks go to threads is to post! But we are different from all the others (which is one reason we are so successful). This thread is the text book for the Sonic R. System, not a bulletin board. When someone comes to this thread, they are entering the classroom as a new student. Instead of talking and showing their ignorance, they need to keep their mouths shut until they have learned enough such that what they might speak might be worth listening to. I know it sounds blunt, but it is an easily accepted truth for those that are sincere students here to learn to become proficient with the Sonic R. System.
I have your interests at heart. You can come and you can go, and I won't care. But, if you come to grow, I want you to succeed.
-tah
- #67,958
- Edited 5:53pm Mar 27, 2014 5:34pm | Edited 5:53pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
EURUSD:
This is a nice visual of the corrupt bank MM's computers "supporting" the price. The apparent growing "weakness" in this pair has some keen to look at every rise in price, to see if it is followed by a sell-off. Here, we see that the price can rise and then be immediately slammed back down - mini sell-off - but not down below what the MMs have set as their "support" area. The idea behind this is for the MM's computers to grab whatever liquidity comes available for shorting, but to keep the price looking somewhat bullish, by supporting the price. The longer the price is supported, perhaps it is the experience of the MMs the more longs become successfully deceived into entering long,....greedily anxious to get in low, before the "bounce" heads price upwards, or so they think. Meanwhile, every long order executed provides the MMs with liquidity to add shorts.....all done by computer while the MMs are out drinking and smoking and spending the money they made off of the last stop loss hunt on shorts.
Just something to note - another strategy of the deceiving & thieving Market Makers to diminish the signs that they are bears and are continuing to short.
This is not saying that the next significant move won't be up. It might. It might be down. And, either way, it might be a head fake. We cannot know how price will move next. What we can know is if PVSRA indicates the MMs are bulls or bears. And we can continue to analyze to see if PA is in a "Position Building" phase, or a "Run for Profits" phase. My take is that PVSRA continues indicating the MMs are bears, and that PA is now in the "Run for Profits" phase, which I have posted about a number of times already.
Therefore, we Sonicers should be looking for Classic short setups as well as be prepared to add Scouts if the deceiving & thieving MMs start to move price opposite our entries in order to "fool and fold" us.
-tah
This is a nice visual of the corrupt bank MM's computers "supporting" the price. The apparent growing "weakness" in this pair has some keen to look at every rise in price, to see if it is followed by a sell-off. Here, we see that the price can rise and then be immediately slammed back down - mini sell-off - but not down below what the MMs have set as their "support" area. The idea behind this is for the MM's computers to grab whatever liquidity comes available for shorting, but to keep the price looking somewhat bullish, by supporting the price. The longer the price is supported, perhaps it is the experience of the MMs the more longs become successfully deceived into entering long,....greedily anxious to get in low, before the "bounce" heads price upwards, or so they think. Meanwhile, every long order executed provides the MMs with liquidity to add shorts.....all done by computer while the MMs are out drinking and smoking and spending the money they made off of the last stop loss hunt on shorts.
Just something to note - another strategy of the deceiving & thieving Market Makers to diminish the signs that they are bears and are continuing to short.
This is not saying that the next significant move won't be up. It might. It might be down. And, either way, it might be a head fake. We cannot know how price will move next. What we can know is if PVSRA indicates the MMs are bulls or bears. And we can continue to analyze to see if PA is in a "Position Building" phase, or a "Run for Profits" phase. My take is that PVSRA continues indicating the MMs are bears, and that PA is now in the "Run for Profits" phase, which I have posted about a number of times already.
Therefore, we Sonicers should be looking for Classic short setups as well as be prepared to add Scouts if the deceiving & thieving MMs start to move price opposite our entries in order to "fool and fold" us.
-tah
- #67,959
- Edited 7:24pm Mar 27, 2014 6:26pm | Edited 7:24pm
- Joined Apr 2013 | Status: Trader | 1,926 Posts
If you don't know how to earn money, don't loose it.
