{quote} No. It's a late entry by 5.33 time frames!The best entry was when price crossed the end of WAVE C.1.e.5.d.3.g.
{image}
ROFL
- #73,302
- Jun 17, 2014 5:54pm Jun 17, 2014 5:54pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} Thanks TAH, this is very refreshing since my broker is FXCM. I figure all brokers are horrible.. at least mine has a small bit of honesty in the form of volume. BTW the tradestation " real volume " indicator shows the number of transactions and size which is cool, But nothing serious. I can use the Sonic R. volume from here and it's the same .. so Sonic R. is showing true volume but it doesn't show the actual transactions and their amounts. Does this matter ? possibly.. at least now i can see the transactions. not much difference though....
Sonicers,
The reference post from allisonmagic settles the question. There is no additional value to us in having real volume vs our MT4/5 tick volume. We rely on seeing when there is a notable change in "volume", not the actual amount of volume. And from the chart allisonmagic posted of FXCM's new real volume indicator vs our tick volume indicator, we can all see there is very little difference between the two. And when examining for those times when there is a notable change in "volume" they both show all such situations at exactly the same time.
We are fine as we are, and we are good to go!
-tah
- #73,304
- Jun 17, 2014 8:06pm Jun 17, 2014 8:06pm
{quote} This is true. I think the only thing that any forex trader should concern him/herself with is the amount of volume rather than the specific number of trades or how big those trades are. I have a great broker when it comes to volume. FXCM is huge so i get a nice read on the markets from my end. So just find yourself a broker who doesn't manipulate volume and has a massive client base. Sonic Volume indicator is very good at reading volume so i wouldn't be too worried about how much is actually going on inside those candles. Just stick to the...
Sonic team - I think USD strength is coming into play and likely make a RunForProfits tomorrow FOMC and should make for an interesting morning and afternoon... Be on the alert if you have trades moving strongly in your favor -don't be shy to add... This is a general problem for the masses myself included... added strongly to trades moving in your favor and the patience to wait in order to do so - good luck all!
Entries in the wicks over and over **PVSRA rules!
- #73,306
- Jun 18, 2014 2:59am Jun 18, 2014 2:59am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GBYJPY : Just Closed 1 Scout + 2 Long Classic. I Close because of the one minute chart show big volume above the half number, but on the 15 minutes everything look fine. Which one have more power the 15 minutes chart or 1 minutes ? Thanks {image} {image}
When you post a closed trade please scroll your charts down so the closed trade PL label appears. Also, so that your charts will be of more benefit to readers, please post what TF chart you must in order to show all the trade entries. Finally, please include the go-back link to your trade open post. You can see plenty of examples here of others doing this. This is the way to make every post contribute to the learning of fellow Sonicers, which is what this thread is all about.
Thank You,
-tah
- #73,309
- Edited 3:29am Jun 18, 2014 3:19am | Edited 3:29am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #73,310
- Jun 18, 2014 3:31am Jun 18, 2014 3:31am
- Joined Jul 2011 | Status: Trader | 1,521 Posts
{quote} Be careful about USDCAD short. This is now starting an uptrend, which your M15 Dragon reveals over the last few days. -tah {image}
{quote} HappyTrigger, When you post a closed trade please scroll your charts down so the closed trade PL label appears. Also, so that your charts will be of more benefit to readers, please post what TF chart you must in order to show all the trade entries. Finally, please include the go-back link to your trade open post. You can see plenty of examples here of others doing this. This is the way to make every post contribute to the learning of fellow Sonicers, which is what this thread is all about. Thank You,
- #73,313
- Jun 18, 2014 3:51am Jun 18, 2014 3:51am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
NZDUSD Short Trade Opened:
Placed trade as a scout entry above the 1/2 number after the highlighted classic.
M1 showing some signs of bears.
Placed trade as a scout entry above the 1/2 number after the highlighted classic.
M1 showing some signs of bears.
- #73,318
- Jun 18, 2014 4:12am Jun 18, 2014 4:12am
- Joined Nov 2013 | Status: Trading Chaos | 1,133 Posts
NZDUSD: Interesting LO open activity.
This doesn't in any way validate what will happen next, however gives an interesting look as to what could potentially happen next.
It is apparent there were some heavy sell orders at 0.8675x.
This doesn't in any way validate what will happen next, however gives an interesting look as to what could potentially happen next.
It is apparent there were some heavy sell orders at 0.8675x.
- #73,320
- Jun 18, 2014 4:20am Jun 18, 2014 4:20am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
