Sonic R. System

Quoting Rylai

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{quote} The modest volume might only mean there were not a lot of longs to be triggered on the queue as the bear MMs pushed the price higher. I'm sorry I don't quite get this . Not a lot of longs to be triggered on the queue as the bear MM push the price higher ? Personally, I view this as going higher, not because the bulls are in control, but because the bears are, and I do not think they will stop pushing the price up until they maybe get it to the upper half number/RDH, or even the upper whole number/RWH. I think what you meant in this statement...

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Quoting traderathome

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GBPUSD Long Trade Open & Closed: Closed for gain of 15 pips average, 150 pips total. Scout long entry after price hit lows and high volume continued - possible whack to buy - but uncertain, so closed with profit when price stalled up near whole number. {image}

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Quoting Patron

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{quote} I did not understand anything, neither. At the opening of London, "EURUSD" was clearly bullish, for whatever reason (liquidity or whatever). It's that simple. The MMs do what they want, I will not guess. Technically the pair was rising, why I have to assume that the price will go down? Is the volume? The volume accompanied, as it should, the upside breakout. The dragon rises, the trend is up Why sell? Price action is the best trigger, after the analysis. Imagination only leads to losses or huge drawdowns. {image}

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Quoting HappyTrigger

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{quote} Hi Patron, I'm quite new here but my experience lead me to some learning. First nothing is clear in this business this is why it make it so fun. Also everything that goes up must go down, that does not apply for space ship when they reach the space. Also what goes up quickly can also go down quickly. So when something is going up quickly try to think about next short trade instead. {image}

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Quoting Patron

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{quote} Why do you put a sheep there? Place a chart. I do not understand what you mean. But just in case, So you're saying that the trend does not exist? {image} {image}

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Quoting leentjai

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I opened Short AUD/USD{Scout} {image}

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Quoting airmac

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{quote} Patron that's actually a bad example. Where you marked that price hasn't returned for 70 days is wrong. Here you might say what comes down fast must come up too : ) Think like this: http://screencast.com/t/xmn0bMzdeT2m tc, m

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Quoting bolehbah69

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{quote} i agree with you tah on a pull back, continue with the rising wedge broken, i expect a pull back at least to 61.8 fibs level, even better if it pull back to the 50 fibs level for stronger downward move. Reason for pull back: the last red downward volume does not validate with the candle, previous candle has shorter volume, but the candle is not longer than the last candle.. the last red candle is longer than the 2nd candle but its volume is shorter than the 2nd candle, this should allow the price moving back to upward. If this a down move,...

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Quoting Patron

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{quote} I did not understand anything, neither. At the opening of London, "EURUSD" was clearly bullish, for whatever reason (liquidity or whatever). It's that simple. The MMs do what they want, I will not guess. Technically the pair was rising, why I have to assume that the price will go down? Is the volume? The volume accompanied, as it should, the upside breakout. The dragon rises, the trend is up Why sell? Price action is the best trigger, after the analysis. Imagination only leads to losses or huge drawdowns. {image}

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Quoting traderathome

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{quote} You do not understand PVSRA. That is why you do not understand what is going here. In spite of EU historic PA, EU is not really all that bullish anymore. If you want to get up to speed here, you will find everything thru Post #1. -tah {image}

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Quoting Patron

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{quote} If you request me to sell in this situation (red circle area), you are right I do not understand anything. For me, it is very clear the trade: BUY. I trade with a system, not assumptions. And you will never convince me that sells in that situation. {image}

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Quoting HappyTrigger

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{quote} GBPUSD 15 M : Short Opened : I decide to short because TAH just close his long. No seriously... a lot of selling pressure will add short if this go on the upside on lower volume progression. Also a strong support become the resistance now. {image}

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Quoting bolehbah69

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{quote} {image} this candle explained why it goes downward.. volume is highest, but the candle is not long enough to match with the volume that delivered to it.. soon or later it will goes opposite.. what make the standard length of volume and candle? you need to compare to the previous candle and volume with the same chart, same timeframe. {image}

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Quoting Patron

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{quote} I will appreciate the explanation, but I think the following: That candle is the candle of the news, so it has a lot of volume. The news are used by the market to create liquidity and break stoploss, and more. But in the end, after the noise, the market continues.

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Quoting bolehbah69

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{quote} yes, but the bullish setup obviously failed isnt it? otherwise with that much of volume, it should drive the candle massively to upside followed by couple of green candle afterwards instead, the news candle is hanging there and followed by couple small volume upward move.. this is how the Market Makers lure you to long and stop you out by going short later so that you become their liquidity i suggest you read the post 1 here: http://www.forexfactory.com/showthread.php?t=114792 download all the PDF and read it, you will...

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