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Dyekid217 replied Apr 8, 2014Great thinking.. I mean it really all matters how much we are risking and how much we can endure to being in drawdown. In my opinion it is easier and less stressful to add to winning positions rather than losers. I think this is why there is much ...
Sonic R. System
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Dyekid217 replied Apr 8, 2014SaiLyfee I can't help but notice the volumes that you did not mark on your chart. Of course you marked where there is bear pressure but just to provide a little insight on why the price moved the way it did so you can avoid being in drawdown, here ...
Sonic R. System
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Dyekid217 replied Apr 8, 2014Closed 5 EU longs for 226 pips. So far +500 on the week between AU and EU. Added GJ scout #1 with significant trading occuring below 171.00 I can't help but think why they want to keep price below a whole number other than to add long positions. All ...
Sonic R. System
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Dyekid217 replied Apr 8, 2014Since Pipocrates is busy I guess I will throw in my input on what I saw. If you look at my attached image I have marked 5 volumes that I believe anyone could have studied in real time to find the sentiment of the market at least over the short term. ...
Sonic R. System
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Dyekid217 replied Apr 8, 2014I agree with you, although I closed my longs there was noticable volume that occured near lows to give me the signal that MM's were buying. We don't know how far they will push price before sending it south, but there was bad US news all last week ...
Sonic R. System
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Dyekid217 replied Apr 8, 2014EURUSD: Further reduced my risk and added scout #6 after seeing price pull back to dragon and trading increased. This looked to me like a normal pullback since price was between the half and quarter numbers. I predict that the MM's want price to ...
Sonic R. System
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Dyekid217 replied Apr 8, 2014Closed out GU for +220 pips. First position was a scout and second was classic. I would have added more but I was already exposed to risk in EU longs. Still holding EU looking to see if price will retest 1.3800
Sonic R. System
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Dyekid217 replied Apr 7, 2014Added GU classic long. The stopping volume below 1.6600 looks to me that the mm's were buying below that number. Only time will tell.
Sonic R. System
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Dyekid217 replied Apr 7, 2014I would probably be a little careful in the short term on Ucad. It looks like price has hit a resistance which was previous support. We could see a move down for more accumulation of longs before MM's make their run for profits. just my 2cents
Sonic R. System
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Dyekid217 replied Apr 5, 2014I believe that you are in line with what is going on. I just saw a facebook post on sonic's page that he thinks of the market as WWI trench warfare. It's a constant battle in which you are trying to avoid being in "no man's land." What I've noticed ...
Sonic R. System
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Dyekid217 replied Apr 4, 2014Ok thanks for the input! If I wanted to limit myself to waking up at most two times before new york open what would be the best times. LO? 1 hour after LO? etc.
Sonic R. System
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Dyekid217 replied Apr 4, 2014Just a quick question to anyone here trading in a US time zone. Do you guys trade the entire LO-LC? or even up to US close? I'm wondering if I can just check the charts every few hours and still get good enough positions to maximize my profit. I may ...
Sonic R. System
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Dyekid217 replied Apr 4, 2014Closed out my AU trades. 3 parts for +195 pips. +300 on the week. Cheers all have a nice weekend
BTW I've got my eye on EU for next week, looks like cheap Euros below 1.3700Sonic R. System
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Dyekid217 replied Apr 4, 2014Yes I have noticed, I will only add longs if PVSRA confirms it next week. For now I have removed my risk by locking in all 3 parts in profit.
Sonic R. System
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Dyekid217 replied Apr 4, 2014After studying PVSRA thoroughly this past weekend and applying some newly found knowledge I have seen the workings of the cruel MM's (or as TAH claimed "WW's"
) as they work the price down slowly just for the benefit of getting a better deal. ...Sonic R. System
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Dyekid217 replied Apr 3, 2014NZDUSD: Seems to be at an interesting level of support @8500. I see mm's working price down on low volume and resume buying as marked by the yellow. And a 5m view as well, could MM's be pushing price down ahead of NFP for a reason?! We shall see
Sonic R. System
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Dyekid217 replied Apr 3, 2014Am I correct that you also increase position size as trades start going in your favor? This is what I studied within the PDF
Sonic R. System
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Dyekid217 replied Apr 3, 2014closed 3 parts usdchf long for +75 pips 2 parts EU short for +13 1 part AU short for +8 open AU long #1 after seeing some buying pressure PVSRA
Sonic R. System
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Dyekid217 replied Apr 2, 2014Thank you for the wonderful insight professor
I am still learning to adapt even years later! I am trying to focus more on money management right now as I believe I have decent entries.. It's finding the exit that seems to be the hardest! ...Sonic R. System
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Dyekid217 replied Apr 2, 2014Although price has been in a range I am still short AU based on my analysis of PVSRA. The waves on the 1hr seem more convincing to me for the bear side as well as the higher volume at highs compared to lows. But as stated many times within the ...
Sonic R. System