EU short — Dont usually trade at this hours, but this is all demo so... EU m15 35/50 touch in confluence with H1 10ma 35/50 are not steep in any way, but considering this an H1 10ma touch trade fine tunning the entry on the M15 TF, taking ...

CHOROS System

Yes you got a point here... you made me widen my chart to look at the history of where we are standing right now with GU and I can see this has been a heavy consolidation / ranging zone, many times in the recent past... so maybe direction is not ...

Sonic R. System

You're right Bin... a nice setup just happened for USDJPY... m15 10ma touch in confluence with m5 35/50 touch... PA had been sideways for a bit before this happened so it's hard to consider a number of bars to the touch of the MA Are you currently ...

CHOROS System

Regarding G/U IMO is as you said in range, crossing up and down, but I have more of a short bias

Sonic R. System

EU short — Wow I had totally forgotten about that, major news coming.. thanks TAH Yeah you're right, let's see what happens, I set my EP at 1.4190, just to be more conservative, what do you think?

Sonic R. System

I read somwhere in the thread that August 2010 was a lil bit crazy, but nothing more

CHOROS System

EurGbp short — Same as EU this setup might ve valid for EG as well... I might have special caution with that support at .870x, above TP1 H4 chart shows short bias as well, and emphazises the importance of that support at 0.870x

Sonic R. System

EU setup H4 analysis — Further looking at this setup I posted above I just spotted this on EU H4. I remember TAH posted a chart very much like this with this break and retest (pullback) of the trendline, we just had a 2nd retest and PA seems ...

Sonic R. System

EU short setup — I'm looking at EU and according to SHI Channel we might be moving downwards... so I'm looking for a short setup What do you guys think about this possible short setup? Comments, critics? Any help is greatly appreciated!

Sonic R. System

I'm truly interested in attending this live session with you. Just some things I want to get clear... When?: Wednesday august 3rd, 2:00 AM NY (GMT -4) I'm GMT -5 so it will be 1AM for me... Where? I don't know if you guys already have an online ...

Precision Trading

I'm not an expert on scoop ups, but I think it's different from a cross and retest, this is what I understand of each: A scoop up trade is when PA starts to come up and can't close below 10 ma, so it eventually crosses 35/50 and closes above them. ...

CHOROS System

I totally agreewith you iero, I don't post at the interactive, but perhaps we could post some after the fact here. UCad m15 35/50 touch trade: Reasons: Confluence m15 35/50 H1 10ma 35/50 converging By the rules 2 bar retracement to H1 10ma Cons: ...

CHOROS System

Great to read you insights on this pair TAH, much appreciated. Guess I'll call it a night until London / New York overlap in some hours... wish you a successful trading night mate!

Sonic R. System

Hi guys! — I was looking at ths setup for AUDUSD, even off London session hours... what do you guys think? is this news driven downside? ( some bad news for aussie just released) or just plain wrong setup?? I'd appreciate any comments on this? ...

Sonic R. System

I think you might be getting it, congrats KK!!, psychology plays a big role in this stage IMO... something that might work well for you is to take profit at +10 or +12 on all of your positive trades for a while... this will boost your confidence ...

CHOROS Interactive

Great calls TAH, I'm new to this thread and have been following DD's, piphunter, Sonic and old posts from Muhammad and Basber... Now I'm really looking forward to see your posts now that you're committed to pure SonicR, you'll nail it!

Sonic R. System

AU touch outcome — So this trade was good for a small scalp... I don't like that Monthly Level / RN so TP was the middle of those levels... good for 11 pips

CHOROS System

AU touch — Au touch trade with 35/50 converging and daily pivot, room for a small scalp perhaps...

CHOROS System

Sure, thanks for the tip Kostas, I set the EMA5 on my M15 like 2 weeks ago so I could start watching how PA reacts to it in quick trending moves and get used to it first... I will start practicing with it on demo now

CHOROS System

... Thanks Sonic and nando, appreciate you comments... let the market decide then

Sonic R. System