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Sonic R. System

  • #80,721
  • Apr 22, 2015 7:14am Apr 22, 2015 7:14am
Quoting Fisher755
{image}{quote} Sure FF cannot be the only possibility.. but let's wait, if things will be better.. It is clear, FF is not unprofitable organisation like Red cross or sth, so they have to make money. But in sales ( they are selling service ) it should always be win-win situacion, every side must get something.. And if they can charge to someone based on the number of people participating, they should also take care, that the people participating are treated fairly and with respect they deserve! If this will not be the case, we should leave. Let's...
Indeed Fisher755.

The EU H4 pinpar retest of broken trendline does look promising for shorts. You also have the 1.066 hurdle to overcome.
insanity: Doing the same thing over... and expecting different results -AE
  • #80,722
  • Edited 8:09am Apr 22, 2015 7:22am | Edited 8:09am
Quoting qFish
{quote} Indeed Fisher755. The EU H4 pinpar retest of broken trendline does look promising for shorts. You also have the 1.066 hurdle to overcome.
Thx, G., very encouraging..

But I live in Europe, and things look terrible for Eur, I must say.. ( I mean-I would not buy at the moment, only sell or sidelines) Sizes are too big this time, next time will be better... I trade forex for 2 months only ( before only futures), so still on demo for months to come..

And on the topics from before, I must agree Facebook is terrible, terrible option...

But seriously, G., what do you see from this fading buying volume? Or anyone else, of course..

P.S.: Even if I will never make some small salary out of forex, at least I have some joy or (and) fun with you guys!
PVSRA
  • #80,723
  • Edited 7:38am Apr 22, 2015 7:25am | Edited 7:38am
Quoting Mauro-J
EU Long trade opened UJ Short trade opened {image} {image}
Hello I don't think so at the moment I don't see anything , but maybe later will EUR/USD Short and USD/JPY Long. But first need to wait new L on EUR/USD if not then we can waiting long entry.
Attached Image (click to enlarge)
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A small profit is better than a big minus...
  • #80,724
  • Apr 22, 2015 7:40am Apr 22, 2015 7:40am
Quoting tulis
{quote} Hello I don't think so at the moment I don't see anything , but maybe later will EUR/USD Short and USD/JPY Long. But first need to wait new L on EUR/USD if not then we can waiting long entry. {image}
Yep. my bad. too late for long on EU.
Risk count, EU Long trade closed- hit SL
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"Bulls make money, Bears make money, but hogs get slaughtered"
  • #80,725
  • Apr 22, 2015 7:44am Apr 22, 2015 7:44am
Quoting Mauro-J
{quote} Yep. my bad. too late for long on EU. Risk count, EU Long trade closed- hit SL {image}
wait another Entry ... Good look!!!!!
A small profit is better than a big minus...
  • #80,726
  • Apr 22, 2015 8:05am Apr 22, 2015 8:05am
Quoting tulis
{quote} wait another Entry ... Good look!!!!!
Sure... that was very bad. But no hollygrail on trading. need more patient....
GoodLuck 4 u too

UJ short trade closed, Hit SL
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"Bulls make money, Bears make money, but hogs get slaughtered"
  • #80,727
  • Apr 22, 2015 9:08am Apr 22, 2015 9:08am
Quoting Fisher755
{quote} Thx, G., very encouraging.. But I live in Europe, and things look terrible for Eur, I must say.. ( I mean-I would not buy at the moment, only sell or sidelines) Sizes are too big this time, next time will be better... I trade forex for 2 months only ( before only futures), so still on demo for months to come.. And on the topics from before, I must agree Facebook is terrible, terrible option... But seriously, G., what do you see from this fading buying volume? Or anyone else, of course.. P.S.: Even if I will never make some small salary...
Looks like buying strength is weakening.
insanity: Doing the same thing over... and expecting different results -AE
  • #80,728
  • Apr 22, 2015 9:17am Apr 22, 2015 9:17am
Quoting Vicotshir3
{quote} Dear denmas, UC 15m short for 40pips with sl 20pips on demo acc though. just want to ask do I analyst it correctly by 4h tf,1h tf,15m tf ep. I entry when I see a u shape formed. Thanks for replying. Best Regards, ... {image}
Really nice classic. The trade label must be green if you get profit so please set it correctly in the trading level indicator.
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  • #80,729
  • Apr 22, 2015 9:38am Apr 22, 2015 9:38am
Opened and closed short Scout AUD/USD +2530p total
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  • #80,730
  • Apr 22, 2015 9:42am Apr 22, 2015 9:42am
Quoting qFish
{quote} Looks like buying strength is weakening.
Thank you.

And leenjai, your chart also helps much .
PVSRA
  • #80,731
  • Edited 10:54am Apr 22, 2015 10:35am | Edited 10:54am
AUDJPY long Trade Open:

Classic entry, late in LS. However, take a look at your H1 and H4 charts, both of which also show Dragon-Trend-PA bullish. Furthermore, LS PA has focused on moves below the whole number and back up, so the MMs could be concentrating on filling long orders of SM, and their own of course. This could be staging for a break up, maybe to RWH for another 100 pips or so.
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  • #80,732
  • Apr 22, 2015 11:20am Apr 22, 2015 11:20am
Dear TAH,
So Happy to see you back.
I wanted to ask you something about classic M15. Is it a good idea to try following classic method on daily time frame.
Replacing M15 with D1 and H4 with Monthly charts.

Your view on this will be much appreciated.
Thanks.
  • #80,733
  • Edited 12:17pm Apr 22, 2015 12:05pm | Edited 12:17pm
Quoting 50trader
Dear TAH, So Happy to see you back. I wanted to ask you something about classic M15. Is it a good idea to try following classic method on daily time frame. Replacing M15 with D1 and H4 with Monthly charts. Your view on this will be much appreciated. Thanks.
Use DAY Chart as Trading TF Chart?

50trader, et. all,

Remember that the Dragon, Trend and even the PA are all lagging indicators! What seems to work best is to hunt those prime spots of momentum to carry the trade. We attempt to hunt these spots of momentum by looking for the "stacking" of the Trend, Dragon and PA - in this order - preferably after price has undergone some ranging and preferably during the LS (because that is when the most activity occurs and it costs the MMs more money to manipulate price against market momentum).

Other trade confirming signs is if there is similar stacking on a significant higher TF. So, if the trade TF is M15, having stacking there and also appearing on H1 is better. And if also appearing on H4, is better still. Get the idea?

To just jump to a DAY chart - with Dragon, Trend, even PA being lagging indicators - does not seem such a good idea.

Regarding "stacking", look at the attached picture. It is a great example of "stacking", with the Trend angled up, the Dragon angled up and above the Trend, and multiple bullish PA waves, all with EP zones above both the Trend and the Dragon, and with everything - including PVSRA - pointing to a possible major break high of a half Level. This is what is meant by "stacking". Now, please refer to your own charts to see for yourselves that this setup was also confirmed by the H1 and the H4 charts! Do these happen every day? No. Every week? I am not sure, but I would venture to say not. So, the only objection a trader could have to all of this is that the trader lacks the patience to wait for a SLAM DUNK WINNER!

tah
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  • #80,734
  • Apr 22, 2015 12:18pm Apr 22, 2015 12:18pm
Thanks for explaining stacking in detail . It is really helpful. I see now that applying it on daily time frame is not a good idea.
I really want to trade M15 in LS but with the 7 hr time diff from LS it becomes tough to trade from midnight to morning .
Is there some way of PVSAR which can help me trade apart from LS (I know it is kind of worst idea not to trade in LS ). may be on daily or H4 time frames or asian markets.

I actually feel stupid for asking such a thing but I am in a fix .

Thanks for always keeping Patience with us.
  • #80,735
  • Apr 22, 2015 12:28pm Apr 22, 2015 12:28pm
Quoting 50trader
Thanks for explaining stacking in detail . It is really helpful. I see now that applying it on daily time frame is not a good idea. I really want to trade M15 in LS but with the 7 hr time diff from LS it becomes tough to trade from midnight to morning . Is there some way of PVSAR which can help me trade apart from LS (I know it is kind of worst idea not to trade in LS ). may be on daily or H4 time frames or asian markets. I actually feel stupid for asking such a thing but I am in a fix . Thanks for always keeping Patience with us.
We Must Conform to the Market, Not the Other Way Around

50trader, et. all,

I understand the problem, but the market will not change for us and we cannot force it to do so. It runs on it's own "timetable", which we must conform to. Stacking is very important, and whenever there is a significant move starting in the AS I am sure one will find such stacking is involved. You might try looking for such setups in the AS, taking only the best, with a tight SL and a close-in TP. As you can see from the example immediately above, under these conditions an AS entry would have fared well.

tah
  • #80,736
  • Apr 22, 2015 12:31pm Apr 22, 2015 12:31pm
Quoting traderathome
{quote} We Must Conform to the Market, Not the Other Way Around 50trader, et. all, I understand the problem, but the market will not change for us and we cannot force it to do so. It runs on it's own "timetable", which we must conform to. Stacking is very important, and whenever there is a significant move starting in the AS I am sure one will find such stacking is involved. You might try looking for such setups in the AS, taking only the best, with a tight SL and a close-in TP. As you can see from the example immediately above, under these conditions...
Thank you TAH.
  • #80,737
  • Apr 22, 2015 1:25pm Apr 22, 2015 1:25pm
Did you ladies and gents notice that in the last few days we were lack of perfect classic setups? Not so many appeared imho. Maybe the last NFP and other news like the greek problem puddled the market? Even MMs didnt know where to push prices? Or was I the only one that suffered trading in the last days? I've traded only scouts since NFP.

Any comments would be appreciated.

Regards
FN
Stay green! FN
  • #80,738
  • Apr 22, 2015 6:13pm Apr 22, 2015 6:13pm
Quoting forexn00b
Did you ladies and gents notice that in the last few days we were lack of perfect classic setups? Not so many appeared imho. Maybe the last NFP and other news like the greek problem puddled the market? Even MMs didnt know where to push prices? Or was I the only one that suffered trading in the last days? I've traded only scouts since NFP. Any comments would be appreciated. Regards FN
Lack of Classics?

Take a look at the M15 chart for GBPJPY. Why, there has been a classic two days in a row!

Now, want to exercise some pondering?

Take a look at the DAY chart. Can you see that a move back up to the neckline of a massive H&S might be what is in the works here? It could happen in this current day session. If it does happen, and price reverses there, this H&S might be in play. And look how massive the drop could be,.......one thousand eight hundred friggin' pips from a reversal at the neckline at 181.00 all the way down to the target at 163.00!

tah
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  • #80,739
  • Apr 22, 2015 6:28pm Apr 22, 2015 6:28pm
Still holding LONG in GBP/USD. SL is already BE plus 83 pips.
Attached Image (click to enlarge)
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  • #80,740
  • Apr 22, 2015 7:53pm Apr 22, 2015 7:53pm
Quoting denmas
Still holding LONG in GBP/USD. SL is already BE plus 83 pips. {image}
Hi denmas,

What do you mean by "counting the risk"? Can you give an example based on this trade? Thanks!
insanity: Doing the same thing over... and expecting different results -AE
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