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DislikedHello everybody, First real trade-contribution to this thread USD/JPY - M15 Entered long on the break of the high of the leg piercing through the dragon. Bias was long and thus I waited for a decent signal on the M15. Opened 3 small positions with different TP ( green lines ) and a mental stop loss ( red line ) .. we don't want the MM to see our stops now do we Positions seem to be struggling for survival, but hey trading is not only winning {image}Ignored
Disliked{quote} BTW, if you want to play with the Robber Bank MMs, use the override SL feature. Set your SL (will appear on chart, but not as a real pending order), and when the Robber Bank MMs bring price down to stop you out, there is your planned Scout entry! Gets 'em every time! Thank You, -tah {image}Ignored
Disliked{quote} bolehbah69, Please, do not take what I am about to say in the wrong way. I do not intend to tell others what trade choices to make. But, if I see something that might end up hurting a Sonicer, I think it kind to at least mention it. The problem is, I can be wrong and the trader can be right. We just can never know how price will move next. In this case, I am seeing a picture of the Robber Bank MMs moving the price back below the whole number for loading of longs. Now, there are releases coming in the next two days. And the final move might...Ignored
Disliked{quote} I was looking at it too and I thought that it was showing bullish signs? AU H4 I see .9350 as significant resistance area. I do agree with Feinan that once it does break through PA will dive more sharply. But, possible more short term M15 shows good signs for classic long.. Personally I'm trying to discipline myself from opening traded on Mondays especially when NY MM's had a long booze filled weekend...{image}{image}Ignored
Disliked{quote} What do I think about interest rates possibly rising over possibly the next six months? Nothing. The Robber Bank MMs are always whipping and whacking price, like pirates, in order to further their ability to steal from others. A lot can happen over six months, in both directions. Remember a few months back the RBA proclaimed price should be below 0.8500! Do you not think the short building has been going on in anticipation of this? In time, as USD get stronger, the price can drop, aussie interest rate hikes or not. Yeah, sounds like "Macro...Ignored
DislikedNZDUSD long opened: Enter on dip on M15. Both M15 and H1 shows dragon is upsloping. Increasing Green Vol bars.{image}Ignored
Disliked{quote} We are in the same boat dough, longed as well 15 min agoIgnored
Disliked{quote} We are in the same boat dough, longed as well 15 min agoIgnored
DislikedUSDCAD Short trade opened. M15 Bearish PA(H, L, LH, LL), Dragon slightly turn down, PA below trend. Note, the Dragon is still above trend. Which means is not yet a proper classic. Targeting RDL @ 1.06502, which coincidentally in the half numbers area. {image} H1 reject from supply zone. {image} -AdrianC.Ignored