{quote} Welcome back bro, you're not alone~ {image} -AdrianC.
- #76,822
- Oct 15, 2014 8:07am Oct 15, 2014 8:07am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #76,823
- Oct 15, 2014 8:54am Oct 15, 2014 8:54am
- | Joined May 2014 | Status: Trader | 2,733 Posts
{quote} this is why 1.28222 as my TP area, my magic line... feinan {image}
You see, I wonder if we could also talk about Magic Channel, or Magic Resistance Zone, or, Magic Channel EMA(233)?
IMHO
Donde hay Patron no manda Marinero
- #76,824
- Oct 15, 2014 9:14am Oct 15, 2014 9:14am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #76,825
- Oct 15, 2014 9:18am Oct 15, 2014 9:18am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} this is why 1.28222 as my TP area, my magic line
{quote} Hello Feinan. Long time no see! I'm glad. You see, I wonder if we could also talk about Magic Channel, or Magic Resistance Zone, or, Magic Channel EMA(233)? IMHO
- #76,826
- Oct 15, 2014 9:24am Oct 15, 2014 9:24am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #76,827
- Oct 15, 2014 9:25am Oct 15, 2014 9:25am
- | Joined May 2014 | Status: Trader | 2,733 Posts
Donde hay Patron no manda Marinero
- #76,828
- Oct 15, 2014 9:32am Oct 15, 2014 9:32am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} What you call magic, I've always called the beginning of the last wave. There are always changes in volumes in these areas. But why put new names to what is already baptized? "Classic", "MM", "Magic".
- #76,830
- Oct 15, 2014 9:44am Oct 15, 2014 9:44am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
{quote} Maybe it's not my place to say this but I do agree with Patron's statement regarding the two conflicting USD trades is confusing. TAH, are you looking at the two trades differently (in terms of exit point)? I'm just asking this out of curiosity as I do use Sonic R method for trading but I don't generally take opposite trades at the same time (e.g. I won't be Shorting AUDUSD AND USDCAD at the same time) unless I am convinced one of them, in longer term, will move my way. Hope this discussion can bring more clarity on Sonic R that can benefit...
I believe I said at the time of the short entries posted that I anticipated AU could go up before it goes down, which it did. But, I made my entry anyway because I said it also might not go up. I also said that UCad had been getting a lot of pumping and in view of that I felt like taking a chance on shorting it. The UCad was a Scout entry short, not a Classic. So I can only be faulted here in terms of posting a non-Classic entry trade. However, I did so in the light of extenuating circumstances. I do not typically go short above the Dragon and long below the Dragon, just to get a jump on anticipated changes in direction. Such a "practice" is definitely not Sonic R.! To make a Scout entry in the face of a huge move and where there is greatly increased probability of reversal,....well blame Sonic for introducing that Scout entry, not me. I try to use such an entry very sparingly.
-tah
{quote} Nestledrink & Patron, I believe I said at the time of the short entries posted that I anticipated AU could go up before it goes down, which it did. I also said that UCad had been getting a lot of pumping and in view of that I felt like taking a chance on shorting it. The UCad was a Scout entry short, not a Classic. So I can only be faulted here in terms of posting a non-Classic entry trade. However, I did so in the light of extenuating circumstances. I do not typically go short above the Dragon and long below the Dragon, just to get a jump...
- #76,833
- Oct 15, 2014 9:52am Oct 15, 2014 9:52am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
GBPJPY Short Trade Closed: Day Trading Closed for Profit of about 103.5 pips average/total. This was for 0.6 lots = $616.70 {image}
Nice, nice, nice!
- #76,834
- Oct 15, 2014 11:05am Oct 15, 2014 11:05am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
AUDUSD: Market Makers Show How They Steal Money From Others.
Interesting after-hours PA, don't you think? Sort of right back where it started from, or should I say right back to where the US MMs started their price manipulation today.
What is most interesting is that this was all price manipulation by the MMs. They ran price up to trigger those "wrong side" long pending orders, to suck in live long orders, and to hit the pending stop orders on the "right side" shorts! This was done as an act of theft by the thieving MMs, to steal money from others ("creating liquidity" is what these thieving bastards call it!) and use it to build their own short positions.
Still believe this is a "free market based on supply and demand"?
None of the equity markets are! That is one of the most EVIL LIES ever perpetrated on folks. A "free market based on supply and demand" is nothing more than a market where there is a supply of suckers, a demand by the market makers to be able to steal their money, and where things have been set up so that the market makers are legally free to do so by manipulating prices.
Interesting after-hours PA, don't you think? Sort of right back where it started from, or should I say right back to where the US MMs started their price manipulation today.
What is most interesting is that this was all price manipulation by the MMs. They ran price up to trigger those "wrong side" long pending orders, to suck in live long orders, and to hit the pending stop orders on the "right side" shorts! This was done as an act of theft by the thieving MMs, to steal money from others ("creating liquidity" is what these thieving bastards call it!) and use it to build their own short positions.
Still believe this is a "free market based on supply and demand"?
None of the equity markets are! That is one of the most EVIL LIES ever perpetrated on folks. A "free market based on supply and demand" is nothing more than a market where there is a supply of suckers, a demand by the market makers to be able to steal their money, and where things have been set up so that the market makers are legally free to do so by manipulating prices.
- #76,835
- Oct 15, 2014 11:23am Oct 15, 2014 11:23am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
AUDUSD: Market Makers Show How They Steal Money From Others. Interesting after-hours PA, don't you think? Sort of right back where it started from, or should I say right back to where the US MMs started their price manipulation today.
And how about this move back up on negligible volume,.....just to steal what ever they can from the new crop of shorters!
- #76,836
- Oct 15, 2014 11:46am Oct 15, 2014 11:46am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #76,840
- Oct 15, 2014 3:04pm Oct 15, 2014 3:04pm
Hello GUYS !! My semester started so i have no time for trading so much but at least i post my last analysis what i did.. its like hobby this days and i find exciting and nice learning lesson we get from price action this days on markets.. Its like a book if you know how to read u can read them all.
This is my little experiment with fibo based on the wave which rebounded from 1,25.
Make your own opinion gl there this week
BTW 161,fib extenstion is somewhere abouve 1,30 lets see if we get there)
EDIT- 1,26 there is missclick on the 61,8 fibo support
Its like a book if you know how to read u can read them all.This is my little experiment with fibo based on the wave which rebounded from 1,25.
Make your own opinion gl there this week
BTW 161,fib extenstion is somewhere abouve 1,30 lets see if we get there
)EDIT- 1,26 there is missclick on the 61,8 fibo support
Build your own dreams, or someone else will hire you to build theirs.