This is my short trade there Posted 6 days ago by the way

Sonic R. System

GU/AU targets??? I haven't even thought about targets yet Where did you read it? Trading during retracement depends on PA. For me it's not easy to place TP points if I just wait a pullback. It can end anytime.

Sonic R. System

Yes, because I think that GU and AU gives just a retracement, nothing more Retracement doesn't mean that trend is changed

Sonic R. System

AU - long @0.9496 Same reason as GU. I see some buyings there. I think it could be just a retracement. Will see.

Sonic R. System

GU - long @1.6025 Yesterdays extra high volume makes me think that there is some buyings. And price hasn't closed below that extra high volume bar anymore. Held it nicely. Still hold my short position too. Edit: in my opinion that long is just a ...

Sonic R. System

Nice pullback, exactly 50fibo..now fly to the sky

Sonic R. System

I like your analysis but I'm not agree that it is a distribution on M15 chart. Today's highest volume appears on a down bar. STRENGTH appears on a down bar. So this is not a distribution on M15, I think this is a re-accumulation. So I think that M15 ...

Sonic R. System

Do you see what is wrong with your classic wave? Did you read classic entry rules? Placement of EP Wait for a WAVE leg #3 candle to break out of the DRAGON, and place your entry order at least several pips beyond it. It is better if there is no ...

Sonic R. System

GU - expecting some higher activity in 50-61.8fibo area. Smart money has the time to do that until today's FOMC.

Sonic R. System

Expected pullback..not sure that we see 50-61.8fibo..time will tell..

Sonic R. System

Your analysis based on what? And what's the point of timeframe hiding?

Sonic R. System

Fibonacci Expansion tool helps to determine potential TP areas and then you just need to watch how the price will act if it reached some of TP areas. Also you need to be aware of resistance levels. My UChf trades still opened, I see there more ...

Sonic R. System

Smart decision Cleaner chart, easier to read.

Sonic R. System

Well done fex

Sonic R. System

UChf - TP1 reached

Sonic R. System

UJ - TP 2 reached, like a textbook

Sonic R. System

Agreed with Sonic.. Marvas look at the chart, what the price tells you? 1. High volume on down bar, besides it has a huge wick. Remember that STRENGTH appears on a DOWN bar. 2. Price came to test the previous are again, area where that high volume ...

Sonic R. System

UJ - set some possible target areas for my longs (which are on the second account).

Sonic R. System

UJ - consolidating..

Sonic R. System