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loeil replied Oct 28, 2013Out of that trade. 50fibo rejection, no point to keep it. Need more clear sign to trade this pair.
Sonic R. System
- loeil replied Oct 28, 2013
I'm out, just in case. 17 pips gain still gave a nice profit. No good feelings about that pair at the moment. I still have one short on GU.
Sonic R. System
- loeil replied Oct 28, 2013
GU - long @1.6181.. quick trade..there is a strong resistance area.
Sonic R. System
- loeil replied Oct 27, 2013
I found very interesting thing on my EJ weekly chart
2 years agoSonic R. System
- loeil replied Oct 26, 2013
I don't agree with you.
Price ranged 2 days and then suddenly break through and then right away came back to the range are again. This called manipulation. All herds jumped to trade and start to sell, but look what the smart money did. They just ...Sonic R. System
- loeil replied Oct 25, 2013
I'm glad it was so lazy day on the market. Busy day and had no time to look it today.
Opened trades: UJ - long UChf - long GU - short EU - short + very old PVSRA trades Maybe next week will bring some moves Sonic R. System
- loeil replied Oct 24, 2013
UJ - definitely buyers. Perfect shaking out before the real run.
Sonic R. System
- loeil replied Oct 24, 2013
Actually I don't understand how you draw the waves. Correct wave starts at high/low and ends at high/low. Following is my look:
Sonic R. System
- loeil replied Oct 24, 2013
Your TP is just below the support area. It's not very good actually, earlier the price has found support there, now it can too. You should keep your eyes on chart when the price finally gets there. How the price acts when it reaching to the support ...
Sonic R. System
- loeil replied Oct 24, 2013
Entry is very good, but I concern about your stop loss. Look at the picture. What will happen when price comes to test this area again? Although you have a good entry it's easy to shake you out. This time seems that you are safe, but what next time? ...
Sonic R. System