EU M15 Chart: At the tail end of the session, and with little volume. But PA is drifting lower....... If volume suddenly comes in, we could have a nice move on.

Sonic R. System

It is all very simply put at this url which Cobra provided moons ago: url

THV system, final edition

Great post, McD! There is no substitute for real thinking in this trade! And, if I may add, look for sequences of highs and lows. It bears repeating that a sequence of higher highs and higher lows shows upwards price bias. And a sequence of lower ...

THV system, final edition

Please do not think I am picking on you. I am not. But imho, paying attention to the news can be dangerous to your financial health. I will concede that knowing WHEN there is to be important releases (of news, garbage, whatever) can help you set up ...

THV system, final edition

EU M15 Chart (MphPopular style....): Area in blue ellipse looks suspiciously like a Bear Channel. The big boys are needing shorts, and they have to coax others into being on the other side of their trades by going long.....the bears are trapping ...

Sonic R. System

Here it is....

Sonic R. System

Very nice trading! Clean and simple, too! Would you mind posting the .mq4 file of the pivots indy you are using?

Sonic R. System

A Sense of Direction on EU — EU M5 Chart: H&S formation got PA started in the turn around. After breaking S&R line (now resistance again after some battles) the prime trading area became 1.3290 - 1.3270, with 1.3260 as support. Someone grabbed ...

EURUSD

A Sense of Direction on EJ — EJ H1 Chart: Note this last hour candle was a whopper....and with high relative volume. To me, this sets the bias for some days to come. Down! PA entered a resistance zone, but they are working it back ...

THV system, final edition

A Sense of Direction on EU — EU M5 Chart: For now, to me it seems 1.3200 is a likely target. This "zoomed out" M5 chart shows the now familiar H&S which got us turned around and heading south. The top most black S&R line is now resistance ...

THV system, final edition

EU M5 Chart: For now, to me it seems 1.3200 is a likely target. This "zoomed out" M5 chart shows the now familiar H&S which got us turned around and heading south. The top most black S&R line is now resistance again after much battling around it. We ...

Sonic R. System

EU M15 Chart: By now, the run down value of that H&S has already been used up. It gave the PA a start down on high relative volume, but then the PA was "worked" right back up to the starting area again! However, and this is a clue, then the price ...

Sonic R. System

Yep. Already you can see several large raindrops......

THV system, final edition

Nice call. A 62% fib retrace gets PA down to 132.67. Daily midS1 is 132.72. A new run up and 38% breakout of the fib range gets PA to 135.36, and a 62% breakout reaches 135.99.......

THV system, final edition

Edit: The M15 chart is sporting a gunuine H & S (for real this time) and a Bollinger band squeeze. Unless I miss my guess, the true PA break out of this squeeze will be downwards. I am going to be monitoring this one. The pattern is not tall enough ...

Sonic R. System

EU M15 Chart: After this incredible PUMP on a HALF VOLUME day, what will be next? EU Daily Chart: To me, this still looks bearish, even more so with this half volume pump up to resistance.

Sonic R. System

You made a fantastically good entry, Sonic! Another matter....your shown pivots are very confusing, being so different between your two charts....first you have R1 at 1.3274, then you show R3 at 1.3257....??????

Sonic R. System

That's good. Thanks. I enjoyed it.

THV system, final edition

It makes you wonder, doesn't it? I'm still awaiting the selloff volume at the top....don't see it yet. On the other hand, in order for the big money to take on a lot of short positions, they have to coax a lot of others to go long! We may be a while ...

THV system, final edition

EU M15 chart: Since the price has been pumped from the session beginning, this could be a real turn-around. But time will tell....

THV system, final edition