The broker of this chart is ICMarkets. Do any of you have the same thing happened with that candle so long (about 68 pips)? {image}
YOUR MOTHERS ASS
- #69,002
- Apr 15, 2014 9:35pm Apr 15, 2014 9:35pm
{quote} Adrian from yesterdays volume hitting low levels i would first say MM's were accumulating long positions for todays new release, but after that we can see a sort of classic sonic breakout towards long upper levels, which only means that money is now being accumulated for short trades, it seems to me yesterdays levels might not have been related to todays news release and now the real activity is happening?
From my view, yesterday volume hitting low levels (but volume is LOW too, which means MMs got no big interest to build long there).
Now we saw that the "gap" is filled and a upward move, what retailers think "good is a uptrend lets buy long!".
MMs trying to fake move uptrend from 2 previous ranging day to suck in long for their own liquidity to fill their shorts above the whole number.
There is 2 phase Prof Tah always use, "Position Building" & "Run for Profit".
So when you think yesterday short accumulation is not related for today, we look at 4hrs and compare to the above chart.
Now you see the light?
And I only saw a classic long on the 15min
But as always, when MMs are bear, avoid Classic Long. / when MMs are bull, avoid Classic short.
Thank you for your views.
I welcome any comments/criticizes to help me learn and grow and learn from my mistake.
I might be wrong. Time will tell.
-AdrianC.
- #69,004
- Apr 15, 2014 9:39pm Apr 15, 2014 9:39pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #69,005
- Apr 15, 2014 9:41pm Apr 15, 2014 9:41pm
{quote} NZDUSD Short Trade Closed: Closed trade for 1190.1 pips gain. Added shorts #4-17 subsequent to previous post. {image}
I lose my patience yesterday close if for just +165pips
- #69,007
- Apr 15, 2014 10:29pm Apr 15, 2014 10:29pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #69,008
- Apr 15, 2014 11:00pm Apr 15, 2014 11:00pm
{quote} It Look like nice how much pips You Shot...but where was Ur SL?!
Why don't you read the 1st post and understand between Classic Entry & Scout Entry before asking question?
-AdrianC.
- #69,009
- Edited 1:02am Apr 16, 2014 12:25am | Edited 1:02am
{quote} Hi there, Why don't you read the 1st post and understand between Classic Entry & Scout Entry before asking question? -AdrianC.
Many thanks for ur answer Adrian..I noticed if any new comer ask one..always comes the same answer,.. do your homework..read first post;..etc or they are completely ignored.Why u dont spend few seconds for a correct answer?!With Respect first, i find myself in Step two - Conscious Incompetence..Yes i read the first post some time ago, and i found only one magic for me now (still learning) ..the combination of Moving Averages.I used VSA System which similar strategy and i come across in this forum and found this thread ..theyfore i registered only for this thread.Some years ago i used an EA call OBOS Divergence which had same strategy (Grid) what u guys and ladys also used..u call it scout. I made much pips for months...one day one time price goes against me..and the robot opened one after the other..each position had over 200 pips SLThe logic is the price will come back..sometime After long time period of DD i threw out this EA and i never used grid or martingale again.Ok, this sytem is no robot we used our brain and its a good thing. If my analysis not right ..so i can destroyed my mini account. I see one post, anyone was in DrawDown with AUD/USD thousands of pips, because he does not control his own rules. Evryone is responsible for themseves how u money managing with individuall accounts and bankrol.I can not properly articulate with my bad english and beg ur pardon but my Ask was simple..where is ur Emergency STOP.Thank You again and all others..Regards.
- #69,010
- Apr 16, 2014 1:04am Apr 16, 2014 1:04am
Hi guys there is na oportunity in aud usd, and i am looking for your opinion TAH , loeil and so on I think there are two options, the trend is in reversal phase and we see pushing price back to get more shorts, and then dumb to 0,93 area. or maybe there are still enough bulls to try break 0,945. The same happened under 0,93 when the three times push to the level and bring back.. and later they break with huge power as u know
So what is your opinion guys . Have a nice day
there is na oportunity in aud usd, and i am looking for your opinion TAH , loeil and so on I think there are two options, the trend is in reversal phase and we see pushing price back to get more shorts, and then dumb to 0,93 area. or maybe there are still enough bulls to try break 0,945. The same happened under 0,93 when the three times push to the level and bring back.. and later they break with huge power as u know So what is your opinion guys . Have a nice day
Build your own dreams, or someone else will hire you to build theirs.
- #69,012
- Apr 16, 2014 1:24am Apr 16, 2014 1:24am
Hi guys
Hi guys
- #69,018
- Apr 16, 2014 2:19am Apr 16, 2014 2:19am
{quote} Many thanks for ur answer Adrian..I noticed if any new comer ask one..always comes the same answer,.. do your homework..read first post;..etc or they are completely ignored.Why u dont spend few seconds for a correct answer?!With Respect first, i find myself in Step two - Conscious Incompetence..Yes i read the first post some time ago, and i found only one magic for me now (still learning) ..the combination of Moving Averages.I used VSA System which similar strategy and i come across in this forum and found this thread ..theyfore i registered...
2. Since you talk about you done reading the 1st post, you should understand by now why EA fails.
3. PVSRA is used to identify whether MMs are bull/bear, TP, SL and etc.
4. DD of thousand pips, Master Sonic & Prof Tah recently talk about it. Is also updated on the 1st post under"For Sonic R Scout and PVSRA"
5. Scout trades is using a relatively small lot size to do the job "scout".
6. Look at how Sonicer Sailyfee managed his risk.
7. Thats why, read 1st post. Read and Reflect.
-AdrianC.