Closed NZD/USD classic shorts at DS1. Entry at dragon + trendline retest.
Hidden in plain sight.
- #79,923
- Mar 17, 2015 10:06am Mar 17, 2015 10:06am
GBP/CAD. closed classic short, blind sell inside dragon, at the time was a big up bar + high volume bar right into dragon (resistance), ended up green pin, and sure enough what happened happened. Closed just above DS2.
Hidden in plain sight.
- #79,924
- Mar 17, 2015 10:06am Mar 17, 2015 10:06am
{quote} EURUSD MMs could be building longs positions, and going back up to do it after recently experiencing not much liquidity at the lower prices. This could go higher. I could be wrong, have been before. Just a different possibility. Right now the Dragon-Trend are well angled upwards and PA is above both. And H1 is turning similarly bullish.-tah {image}
In the meanwhile I also changed my mind when price started to go up and switched the trade direction to long. However I waited too much to reenter, managed to close it with a few pips profit. It wasnt a good / nice trade, but it was green!
Regards
FN
Stay green! FN
- #79,925
- Edited 10:42am Mar 17, 2015 10:26am | Edited 10:42am
Closed GBP/JPY with some profits, not sure about it. Pound is heavy but Yen might be cooking something. Entered at M15 dragon revisit. Nothing fancy, just getting in sync with the market.
What TAH created here is crazy good, the pieces work together so well on top of being very elegant. Sometimes you just take the trade because it seems right (well in that case you also had a previous support on the left that had been ignored on the way down the first time).
What TAH created here is crazy good, the pieces work together so well on top of being very elegant. Sometimes you just take the trade because it seems right (well in that case you also had a previous support on the left that had been ignored on the way down the first time).
Hidden in plain sight.
- #79,928
- Mar 17, 2015 11:01am Mar 17, 2015 11:01am
Loss on GBP/NZD short after high volume green candle with nice wick. Was aiming at retest of the dragon. Failed. Maybe Stop loss too tight above DR1. Room above on higher time frames.
Hidden in plain sight.
- #79,929
- Mar 17, 2015 11:15am Mar 17, 2015 11:15am
Closed EU shorts. Entries aligned with H4 dragon in down trend, on the left is a previous supply / resisatnce, all the spikes up are here to suck in buyers only before making them feel sick. Yellow circles are pockets of demand that consumed buy orders before the fact to ease a MM move down later on (also known as compression). Although the one with the small red candle could offer some mild support (hence the premature exit just in case). Last sell was a bit late but i was lucky enough to have this ooportunity after missing the first test as shown on chart.
Hidden in plain sight.
- #79,932
- Mar 17, 2015 1:08pm Mar 17, 2015 1:08pm
A small short on EUR/GBP that is unfortunately not moving much in NY session. Target was lower but this will do, I am exhausted. I am not a full time trader so that takes a toll ! Entry was following an extended, streched move up, small retracement into those two big green candles, that are, as we know, sellers injecting supply in what appears to be a rallye to the eyes of the dumb money, who end up being trapped.
I still have some positions open that might conclude as losers on UJ, EJ, Loonie, EURCAD longs. Have a good end of the day all.
I still have some positions open that might conclude as losers on UJ, EJ, Loonie, EURCAD longs. Have a good end of the day all.
Hidden in plain sight.
- #79,936
- Mar 18, 2015 3:32am Mar 18, 2015 3:32am
{quote} Price Manipulation by MMs - How the Market Works first - price only focus template, second - Sonic R. template Here one of most interesting examples of price manipulation by MMs. MMs purposefully push the price to 1.27 level during about 2 months. Why so long? Well, answer on this question knows only MMs. But I may suppose, that it is because of current situation with big players orders. MMs knows exatly what they want: in our case they want load more longs at 1.27 And they create "pump and dump action" liquidity during price slowly move...
first - price only focus template, second - Sonic R. template
Bull MMs push the price down to create liquidity for themselves to load more long
Then reverse price up for their run for profit
to be continued...
{quote} {quote} USDCAD Short Trade Open: M15 Classic. Due to the volatility of this pair - able to range extensively and then suddenly pop hundreds of pips - and due to the constant re-pumping of price recently, I am not setting a TP or SL at this time. If the MMs plan on driving this lower, they might first manipulate price back above the whole number (PVSRA = bears) - a stop hunt move towards DR1 to gather in more shorts for themselves - before executing the move downwards. If that happens, for those prone to using Scouts, it might be a good opportunity...
I have been watching this one and high volume above the round number and around DR1 as predicted. Small scout popped in.
- #79,938
- Mar 18, 2015 5:22am Mar 18, 2015 5:22am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #79,939
- Mar 18, 2015 5:28am Mar 18, 2015 5:28am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
EG Comment
EU at highs of day. GU up from lows of day. But EG being pushed up at highs of day = too high! Seems a Scout short opportunity. Could go higher, though, since it is obviously being pushed up out of sync. EG already above RDH. Upper half number and RWH not far above.....
-tah
EU at highs of day. GU up from lows of day. But EG being pushed up at highs of day = too high! Seems a Scout short opportunity. Could go higher, though, since it is obviously being pushed up out of sync. EG already above RDH. Upper half number and RWH not far above.....
-tah
