NZDUSD Short Trade Opened Added #1 Classic
See this also: http://www.interest.co.nz/currencies...une-central-ba
See this also: http://www.interest.co.nz/currencies...une-central-ba
- #70,702
- Edited 2:59am May 7, 2014 2:45am | Edited 2:59am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} Did you close short or u still add more.. well i was right.. they were building longs.. an there was nice resistance which works on h4 unfortunatelly i closed my long in loss cause of small account and cant afford a big drawdown.Hopefully your trades did better, what is your opinion now? if there will be HaS pattern this could be the shoulder, well we will see maybe it will continou to new highs
{image} {image}
Closed short and currently re-building short again
Still I'm counting on next deeper down move
I know the secret...
- #70,703
- May 7, 2014 3:00am May 7, 2014 3:00am
- Joined Jan 2013 | Status: Trader | 1,107 Posts
{quote} JRissa, You wrote: "Can't show with trade levels, cause I closed this in last month and metatrader "account history" resets for every month. Trade levels won't show this old closed trades,...." Select the "Account History" tab. Right click while cursor is on any line within the ledger. Select "All History" from the choices offered. Trade Levels displays closed trades many months old. -tah
So it was user error... I didn't know I can see older trades with metatrader. Always learning something new.
Edited earlier post.
I know the secret...
- #70,704
- Edited 3:16am May 7, 2014 3:05am | Edited 3:16am
NZDUSD Short Trade Opened Added #1 Classic {image} See this also: http://www.interest.co.nz/currencies...une-central-ba
Humbly, I do not seem to be a classic short
Or bear MMs push up for better prices
add similar chart
Check your emotions. How are you?
- #70,705
- May 7, 2014 3:19am May 7, 2014 3:19am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
{quote} NZDUSD.- Humbly, I do not seem to be a classic short Or bear MMs push up for better prices
Fundamentally speaking this pair is beautifully ripe for the picking if you're a bear right now.
- #70,706
- Edited 3:48am May 7, 2014 3:19am | Edited 3:48am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
NZDUSD Short Trade Opened Added #1 Classic {image} See this also: http://www.interest.co.nz/currencies...une-central-ba
{quote} NZDUSD.- Humbly, I do not seem to be a classic short Or bear MMs push up for better prices
The M15 trend is now down. Following the initial Classic setup the MMs established an area of retrace for the further accumulation of short orders. This area could be revisited. It would not take much of a Whppin' Whack to do it, either. But, there is logic in making an entry in the current area, just in case the MMs do not push price higher.
If an entry is made in the current area (nothing wrong with entering short just below whole numbers) and later the price is spiked up, it would be per Sonic R. System to wait for price to drop again, and the trade to resume being "green". At that time the trade can be expanded in size with the great added confidence the MMs are going to push price on down to make nice profits.
-tah
- #70,708
- May 7, 2014 3:28am May 7, 2014 3:28am
{quote} I disagree, because the classic you highlighted if you look at wave leg #2 where the low was formed it wasn't below the dragon. Anyway, no worries man, its up to us how we want to trade something
I do not speak to whether long or short is good, do not know yet.
Check your emotions. How are you?
- #70,709
- Edited 3:42am May 7, 2014 3:31am | Edited 3:42am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
hi guys, is this telling you to go long? {image}
helloooooooooooo anyone home? {quote}
I suggest you update to MT4 Build 625, use the newest templates, and complete your Post #1 homework. What does the Sonic R. System manual say? What have other Sonicers posted recently? Do you read anything at all, or just plop any chart into your post and expect others to tell you what to do?
The attached chart of yours, together with your question, borders on total ineptitude!
trexy123, you continually do this....ask elementary questions and seek others to lead you. You have been here far too long to still be so far behind in your platform, indicators and knowledge of the Sonic R. System. Do not expect the serious Sonic R. System traders here to pay you any attention. It is time you grew up. Either do the work necessary to make the grade, or lose your posting privilege. This is your final warning.
-tah
- #70,711
- Edited 4:02am May 7, 2014 3:51am | Edited 4:02am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} I understand what you say. And I also understand what tah says . But I only say, humbly, that drawing you did on the price is not a Classic. I do not speak to whether long or short is good, do not know yet. {image}
I have to agree with Repsaj on the matter of the description of your entry. It might better be described as a Scout short entry in support of a Classic setup/trade that was not entered at that time.
It might seem to be the "splitting of hairs", but we do have to mind our descriptions and terms used, so as to not confuse.
In any case, your short trade is off to a good start.
-tah
- #70,713
- May 7, 2014 3:56am May 7, 2014 3:56am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
{quote} SaiLyfee, I have to agree with Repsaj, that actually your entry might better be described as a Scout short entry in support of a Classic setup/trade that was not entered at that time.
I might also add I am verrry bearish NZDUSD and this is a trade I intend on holding onto for quite some time until we see 0.80 range again, time will tell of course 
- #70,716
- May 7, 2014 4:21am May 7, 2014 4:21am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
{quote} USDJPY re-entry build long. {image}
H4: I see lots of heavy selling.
Daily/Week: I see a very crucial support level that if taken out will mean a run-for-profits for the MM's.
- #70,720
- May 7, 2014 5:05am May 7, 2014 5:05am
- Joined Mar 2013 | Status: In the learning phase.. | 1,377 Posts
Whatever is obvious is obviously wrong!"