Question for you Tah. What do you make of the very large volume bar on the H1 chart, on the hammer candle low that is between the NY open and London close? (wish I would have caught this sooner, I would have scalped the move back up) I ask because I ...

Sonic R. System

I know we are trading the Eur here, but I am still concerned about the hourly hammer the SPX put in on very important support, and the Usd also struggling with 80 as I figured it would. (SPX is also 5 EW waves down and likely due for a bounce)

Sonic R. System

I am having trouble deciding if its just a hunt or the start of a bounce I think we have been due for Unless my chart is wrong its showing this right at the end of the London session = possible short covering

Sonic R. System

My concern in thinking about the TMA as a whole and regarding the Eur was price over extended down and out of the 4 hour TMA, and then started heading back up that you would expect. So was wondering if it should now keep going up to hunt for the ...

Extreme TMA System

Yeah its more or less bouncing off the DPV as well, a good sign would be seeing the Dragon hold here. The real action going to start soon and I have to go nod off... We'll see if I'm still alive later or whether that gap gets filled. Either ...

Sonic R. System

Hi Al. Not sure if anyone asked this already. What is your current theory on the dip below the 4 hour TMA and the ascent that has started back up from there? TIA p.s I know where you think the Eur is going, so curious what you will say here! p.s.s ...

Extreme TMA System

Yes, that song is mostly for true F Fans Good taste! Song was a little cuckoo... try this one: video A confirmed Head and Shoulders pattern on the Daily chart in an already bigger downtrend isn't enough? Go look a page or two back, that is a very ...

Sonic R. System

Thank you AD, it's good to hear every now and then that your posts are not just taking up space --- My market comment for today: SPX has backtested its Neckline and filled its gap. However, price is proceeding to continue above the NL (depends ...

Sonic R. System

Yeah, its truly hilarious at times when you turn on your computer, go to yahoo to check your mail, and see ridiculous headlines that try to explain a 0.25% drop in the market etc, everyday! Hah! That is their job, they have to try and make shit up ...

Sonic R. System

This is usually a lesson learnt the hard way for most, which can also be combined with expecting logical market movements as you say. 2009 was a good example, if you absorbed all the bearish news of the completely failing USA economy, you ...

Sonic R. System

Heh. I don't have too much experience with Forex yet, but from my browsing around over the last 3 months or so I can see that most think backtesting a Neckline like this and filling the gap is almost a given. I can tell you with Stocks and ...

Sonic R. System

That's an interesting left Shoulder you got there mate... I think someone chopped part of it off with an axe!

Sonic R. System

Confirmed H&S patterns on Eur and Spx. Both have gapped below support and their Necklines. Of course the USD is moving up accordingly.

Sonic R. System

Well that 82 might be a ways a way for the USD, the biggest thing in the near term for USD bulls is 80 needs to be cleared and the downtrend TL definitely, and after the open we are right there now. The upward TL holding was big from a TA ...

Extreme TMA System

Hi Al & all. Here are my updated charts on the SPX, which of course is usually correlated with the EUR and is usually inverse to the USD. I stuck a Monthly Eur chart at the end too, which I find an interesting chart due to the compression into a ...

Extreme TMA System

TAH continues to bank the un-initiated's pips as usual, nice week for you nice work. Have a good weekend all, tons of prep work for me to try and be ready for next week, though I still don't know what I am going to do hour-wise, since I trade ...

Sonic R. System

Gold continues to compress. It's in Danger of falling of a BIG 16 month cliff presently if it doesn't pull up it's socks.... Of course if it breaks through, there is always the wick TL to possibly save it...

Extreme TMA System

And once the coaster got to the top of the track, down, down it came showing all its true path... Great for 1min or 5min scalping (nice doji at the top of 5min chart, was close to gravestone doji and shooting star)

Sonic R. System

Thank you for sharing

Extreme TMA System

One of the good things about this thread, especially for beginners, is the two main posters are usually opposed to each other...Yin Yang

Sonic R. System