High impact EUR news @ 9am GMT today.... T-minus 30 minutes.....

Sonic R. System

Always be on the lookout for S/R before making an entry as you can see from the below screenshot. The price stalled right at resistance. I use an indy called Fibonacci Pivots THV (as you can see the long dotted lines on the chart abbreviated ...

Sonic R. System

Ahhh, you bought at resistance, I would of done the opposite (thats my opinion anyway, it is no way right or wrong....)

Sonic R. System

Just noticed your spread @ 2.90 on gbpusd, do you use mt4 to trade or use a different platform?

Sonic R. System

Tomorrows EUR news @ 9.30GMT may push it in a direction depending on the outcome, maybe that's what it's waiting for as there was pretty shocking figures out of the US today.

Sonic R. System

heads up, USDJPY may be setting up for a short.

Sonic R. System

Just netted 65+ pips on EURUSD. Went long @ 1.30782, closed @ 1.31432 as price looks like its stalling around 3150.

GBP/USD and EUR/USD

majorusa, could you explain to me a bit more about your trading style and method, you say you counter trend trade at S/R and pivots, do you place pending orders at these levels or wait for PA to indicate to you it may reverse before getting in? ...

Scalping 20+ trades per day

Was thinking the same.

Sonic R. System

Strange market, I closed that short on AU @ 1.0357 on my phone when I was out before. The joys of being able to access your account on the go.

Sonic R. System

There is no right or wrong answer to that, myself personally, I wouldn't open a trade within 10 minutes or so before a major news release, If I had a trade already open I'd make sure my SL was at BE should there be any sudden moves that you're not ...

Sonic R. System

The turning point of that move upwards was the amount of buy orders at the 61% fib (if your that way inclined) taken from the swing low to swing high, also the whole number 5900. This was before any news was released also. Thats how I've understood ...

Sonic R. System

Currently short AU also @ 1.03896. TP 3278. SL is currently at BE. Just gonna ride it out.

Sonic R. System

Definitely, the daily pivot is just under that whole number aswell.

Sonic R. System

The inverted hammer (or inverted spinning top or just spinning bottom...if there is such a term for it) to which its low never broke the low of the previous candle, I've seen this time and time again on other timeframes and alot of the time, the ...

Sonic R. System

The weekly candle for EURUSD last week suggests that this week could be a move north.

Sonic R. System

I'd also be interested in your trading room, I've gone over alot of your trades and your entrys are very similar to mine on almost all of them.

Scalping 20+ trades per day

Absolutely amazing results there, I'm guessing you trade on the 5m timeframe?

Scalping 20+ trades per day

Since I moved down to the 5 minute and 15 minute charts I trade pure price action on quite a few pairs, also spot gold, I mainly wait for the price to make a low or a high, pull back to make a lower high/higher low then wait for the price to stall ...

100% Per Month

The best way.

100% Per Month