Agree with you, it's very good to see different points of view, it's the perfect way to learn. In fact, imo your entries are perfect, even when they are the opposite of what I'm looking for. It depends if your are establishing short term trades or ...

Sonic R. System

EU: Starting to build mid-term short position. As I said in my previous post, I wanted to identify the current phase and I think we are in a long redistribution phase. As you can see in the 1H chart, we are like in a wedge. Black circles showed how ...

Sonic R. System

The first important thing you need to know and to determine is the phase of the market and the range of that phase. In this specific case, if I start to add longs my SL would be below 1.28, which has been proven as a strong support. On the other ...

Sonic R. System

Thank you guys. But take into account that I am on the same page as you are, I'm just a newbie trying to find the logic. What I just said could be totally wrong because I'm not an expert, but that is my vision. Regarding the criteria, it's hard to ...

Sonic R. System

I need further confirmation to start shorting in EU. So far the price is around 1.295 but as u can see in the image attached, there are signs of weakness but there is demand as well. The black circles show how the volume increases at the highs but ...

Sonic R. System

AU & EU Closed 2 AU trades with 178pips (89x2 from avg to TP). TP hit Closed 3 EU trades with 187pips (69x3 from avg top TP). TP hit. I feel like I put the TP too close but money is money. Still holding 2 USDCAD shorts and 3 UJ shorts as well. Edit: ...

Sonic R. System

Exactly hellohell. The 5+1 rule can become in the 10+1 rule if you follow a good management. The idea behind this is to setup your strategy before you first entry. This will allow you to be prepared psychologically for the trade (which it's not ...

Sonic R. System

The idea behind the 5+1 rule is just that, to try to be more accurate in your entries, putting your self an auto 'pressure' because you know you only have 5 entries and because of that, to be more careful about them. This also have cons, because we ...

Sonic R. System

The 5+1 Rule Good morning fellas. I've thinking a lot about how to improve PVSRA building position system regarding drawdowns and money management. I had an idea and I want to ask you for opinions and feedback. The '5+1 Rule' is a building position ...

Sonic R. System

I think both ways are correct. Your entry was a good entry of course, but to build longs there I think is viable based on volume and zones. I think they are just 2 different ways to trade. Personally, sometimes I like more yours and sometimes I like ...

Sonic R. System

Very useful information Providence, and welcome to the forum! don't be shy and share whenever you want your thoughts

Sonic R. System

Agree on that, that's why I am being so careful to enter with my first entry, because I know it can go lower. But I appreciate your concern

Sonic R. System

Nice one, I'm waiting for 1.2825-1.2850 to add my first long . But I agree with you, price can retest that zone and go back to 1.2825 at least. Specially now that LC is around the corner and if the MM's are bulls they could push the price lower.

Sonic R. System

Trust me fex, I'm on the same page as you are right now. It's very hard for me to put together or the ingredients and that's why I am creating the document. Because I need to structure all the things I'm learning with PVSRA and to create a ...

Sonic R. System

I´ll try to dedicate a chapter on that fex Look this example of accumulation. Big pink candle acting as a stopping volume candle. Huge volume, huge size. But as you can see, the price goes down just a little bit more (because of the momentum, but ...

Sonic R. System

Awesome videos, thx for sharing loeil. I will use some of those concepts in my PDF file.

Sonic R. System

@TAH, Take into account this is just a draft. I'm not even an expert and I'm using this to settle all the things I am learning and order the idead in my head. Of course, once it's finished, it will be share. The point you mention (building position ...

Sonic R. System

One part of the PDF I'm working on The details are the key We need experience to master our system. To master PVSRA will take time, but once you do it, it will help you a lot, even if your trading system is different. Fortunately, TAH has discovered ...

Sonic R. System

Just for your information, I´m gathering all relevant information about TAH's posts with valuable info about how to identify MM's intentions. It will take some time, but I think it will be very useful for the guys interested in this topic

Sonic R. System

Hi Scopier Do you add the "HL" and "LH" labels manually or do you have it in an indi?

Sonic R. System