{quote} they pushing it back now
patience!
- #71,742
- May 19, 2014 6:07am May 19, 2014 6:07am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
NZDUSD: I see strength personally..
- #71,743
- Edited 6:48am May 19, 2014 6:35am | Edited 6:48am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #71,745
- May 19, 2014 7:35am May 19, 2014 7:35am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GBPJPY Classic Long Trade Opened:
This is an M5 Classic long entry. You can see the high volume at lows around RDL and the lower whole number early in the LS. You can see the volume starting to increase when later the MMs began to push the price up just prior to the US open. I waited for a retrace to local SR for my entry. Since entry, the price has gone lower. If the MMs take the price sufficiently lower, I might add a Scout to this long trade.
This is a counter trend trade because the H1 trend is clearly down. You can see the GBP and the JPY releases coming in the next two days. My appraisal of the situation is that the MMs will hike the price (a retrace in the down trend) to achieve the Happy Short Hunting Grounds to renew their shorts, and to suck in the longs to get the necessary liquidity to renew their shorts. On this basis, I am trading what I suspect will be this retrace move.
-tah
This is an M5 Classic long entry. You can see the high volume at lows around RDL and the lower whole number early in the LS. You can see the volume starting to increase when later the MMs began to push the price up just prior to the US open. I waited for a retrace to local SR for my entry. Since entry, the price has gone lower. If the MMs take the price sufficiently lower, I might add a Scout to this long trade.
This is a counter trend trade because the H1 trend is clearly down. You can see the GBP and the JPY releases coming in the next two days. My appraisal of the situation is that the MMs will hike the price (a retrace in the down trend) to achieve the Happy Short Hunting Grounds to renew their shorts, and to suck in the longs to get the necessary liquidity to renew their shorts. On this basis, I am trading what I suspect will be this retrace move.
-tah
GBPJPY Classic Long Trade Opened: This is an M5 Classic long entry. You can see the high volume at lows around RDL and the lower whole number early in the LS. You can see the volume starting to increase when later the MMs began to push the price up just prior to the US open. I waited for a retrace to local SR for my entry. Since entry, the price has gone lower. If the MMs take the price sufficiently lower, I might add a Scout to this long trade. This is a counter trend trade because the H1 trend is clearly down. You can see the GBP and the JPY releases...
...
t.me/LWBRfx Discord.io/LWBR
- #71,747
- May 19, 2014 8:04am May 19, 2014 8:04am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU quick long scalp +5.2 standard closed at quarter number. I realize most will say "small pips", but just my style and like doing these all day by the end of the week they add up. Watching to re-enter!
Regards,
Cigarguy
Regards,
Cigarguy
Keep It Simple
- #71,748
- May 19, 2014 8:37am May 19, 2014 8:37am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #71,749
- Edited 8:54am May 19, 2014 8:44am | Edited 8:54am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
EU M1 Classic Long Open & Closed: Entered M1 Classic + Scouts Friday during US session after the MMs whacked the price. Closed earlier for 318 pips gain. {image}
Great trade. I love seeing these no draw down trades and making good pips. It's like the old THV days but better with the dragon and PVSRA to show the way
(Oops! I'm aging myself.....
)Regards,
Cigarguy
Keep It Simple
- #71,751
- May 19, 2014 9:04am May 19, 2014 9:04am
- | Commercial User | Joined Mar 2008 | 9,069 Posts
{quote} TAH, Great trade. I love seeing these no draw down trades and making good pips. It's like the old THV days but better with the dragon and PVSRA to show the way
THV and Sonic R came out about the same time.. and guess which one stands out..
Sonic
- #71,752
- May 19, 2014 9:08am May 19, 2014 9:08am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} THV and Sonic R came out about the same time.. and guess which one stands out.. Sonic {image}
For sure! that's why we are all HERE and dropped the cloud for the dragon and PVSRA
Regards,
Cigarguy
Keep It Simple
- #71,753
- May 19, 2014 9:18am May 19, 2014 9:18am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
MM's just grabbed those stop losses down to the pivot 
(unless I got a bad tick)
Regards,
Cigarguy
(unless I got a bad tick)Regards,
Cigarguy
Keep It Simple
- #71,754
- May 19, 2014 9:19am May 19, 2014 9:19am
- | Commercial User | Joined Mar 2008 | 9,069 Posts
without any more news.. it is time for gold to go "no where".... 1305 or 1306 will break bur may not today,,
Sonic
P.S.. I wish I am wrong
Sonic
P.S.. I wish I am wrong
- #71,755
- May 19, 2014 9:23am May 19, 2014 9:23am
- | Commercial User | Joined Mar 2008 | 9,069 Posts
MM's just grabbed those stop losses down to the pivot
EU Look long...
it is a signature of flushing..
Sonic
- #71,756
- May 19, 2014 9:24am May 19, 2014 9:24am
- Joined Jan 2007 | Status: Senior Member | 6,517 Posts
{quote} . EU Look long... it is a signature of flushing.. Sonic
Regards,
Cigarguy
Keep It Simple
- #71,757
- May 19, 2014 9:25am May 19, 2014 9:25am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #71,759
- May 19, 2014 9:33am May 19, 2014 9:33am
- | Commercial User | Joined Aug 2013 | 2,935 Posts
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
- #71,760
- Edited 9:53am May 19, 2014 9:40am | Edited 9:53am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
