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loeil replied May 9, 2014I din't have trade on this as I said earlier, but this is another example how background support works
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Sonic R. System
- loeil replied May 9, 2014
You all nailed it in right time
My UC longs stays opened, hadn't time to build, so I will continue next week Sonic R. System
- loeil replied May 9, 2014
Agree that newbies has to have something to follow, but honestly I have to say that I have seen lot of failed classics also. There isn't any strategy what works 100% totally and any time. There are lot of risks with classics too what newbies has to ...
Sonic R. System
- loeil replied May 9, 2014
Totally agree, most of things looks nice in theory but in reality not so much. I'm not gonna change my trading style because of "red" "green" things. I can't see any reason do not take scouts if you have background support. The most important thing ...
Sonic R. System
- loeil replied May 9, 2014
Yeah, I have not the best building on GU, so I need lot of patience again
Sonic R. System
- loeil replied May 7, 2014
USDCHF - I think it's just a beginning
Strength in the background, price came down, highest volume on down bars. There is also strong support area.Sonic R. System
- loeil replied May 7, 2014
UJ - to me it seems bullish. M15 - what's in the background? I see strength in background, price came down and all the highest volume appears on down bars. Remember that strength always appears on down bars. Today's highest volume appears on down ...
Sonic R. System
- loeil replied May 7, 2014
EA - careful with EA shorts. Everything can happen. I see strong support area.
Sonic R. System
- loeil replied May 6, 2014
EU - bears. M5 full of weakness. M15, as soon as price rallied up, weakness appeared. I have my shorts loaded there. Now just patience.
Sonic R. System
- loeil replied May 6, 2014
USDCHF - bulls. Price came to support area on very high volume. Also there is a nice buying wick on M15. I don't take that, because I have 4 pairs opened for now.
Sonic R. System
- loeil replied May 4, 2014
GJ - to me it seems bearish too. Last friday we got nice rejection from 173.50 area and just right after that strong bearish reaction. The only thing what is little bit unclear to me is the volume on down bar. The volume seems too high for normal ...
Sonic R. System
- loeil replied May 3, 2014
You asked my opinion, here it is
I'm starting with bigger timeframe. H4 - falling channel, nice downtrend. But what happened yesterday? Price came to support area, volume increasing - usually it shows that strength has came into the market. H1 - ...Sonic R. System
- loeil replied May 2, 2014
USDCHF - looks bullish to me. Be careful with that. Strong support area on H4.
Sonic R. System