I'm long too by new analysis..

Sonic R. System

TOLD CHA! Who were entered on fibo levels, I think it's time to start to think about taking profit image Better scenario would be this..but I would prefer the first profit area..lower prices always bring some buyers.. image

Sonic R. System

It seems pretty usual thing here, I don't see any manipulation on M15 chart. Look, price went down with increasing volume. Someone started buying there (1 and 2 circle). Then price found support and see how nicely price holds 38.2fibo with ...

Sonic R. System

WHAT???? I don't even use FXCM! And btw I don't even care about gaps! I trade what I see!

Sonic R. System

My weekly chart shows a strong weakness..bears has jumped in..multiple resistance zone area..pretty usual..weightless?

Sonic R. System

I personally hadn't noticed that gap on sonicdeejay's chart. My chart looks well, without "random" gaps. url

Sonic R. System

I think he meant weakness. Can you see why he said "weightless" ? Price met old resistance followed by high volume also. There was a strong weakness in the air.

Sonic R. System

Totally agree with you. And look, the price found support with increasing volume. Then price pullbacks to 38.2fibo zone and again with increasing volume. And then rally up to 161.8fibo zone, btw it is a previous resistance zone also. Just perfect

Sonic R. System

As I see you are good of scalping

Sonic R. System

Different brokers, little bit different candles.. no big deal at all! very educational post!

Sonic R. System

Well done! Very clear signs what is gonna happening on those areas..nice fibo rejection with increasing volume.. just can't be better! .. like a textbook

Sonic R. System

I would called that re-entry. image The first classic I think.. image

Sonic R. System

Agree with you, actually I'm in the learning phase at the moment

Sonic R. System

Thanks, great tool, less time needed for drawing.

Sonic R. System

GU - can't be better.. just love my new analysis like a textbook image EU image GJ image EJ image UJ image

Sonic R. System

Futurespeter, I think only MMs, retail traders can give the reasonable answer. We here don't know that and never will. We can just discuss about it And actually it doesn't matter at all, who cares were they MMs, retail trades etc. That ...

Sonic R. System

Yens - I don't see any reason for panic. Just wait when pullbacks ends.

Sonic R. System

Remember that candles may look a little bit differently on brokers. I don't see any Doji's there.

Sonic R. System

Ok, sorry you asked 2 questions, but 1 answer is already here in todays posts! "how you saw this move" image image

Sonic R. System