This is exactly the psychology. To shake us out.

Sonic R. System

Also b/c it's human nature to pick tops and bottoms.

Sonic R. System

EU: If most traders are currently short, where do you think their stop loss are at :-). If I were MM's I would drive it right up there and collect those sitting ducks before my run down. In addition, b/c most traders are short, there is low ...

Sonic R. System

Hi kdxrider3, Here's my perspective of GJ concerning the area of consolidation you mentioned: image -qFish

Sonic R. System

CMD + SHIFT + 3 captures entire screen CMD + SHIFT + 4 captures a window you draw Then open using your favorite image editor and then CMD + V to paste. Kudos to the ported code! -qFish

Sonic R. System

EU Analysis for today: image -qFish

Sonic R. System

That would be me :-) image Added 3 more scouts during the spike. I will wait from now to see what will happen. I got more bullets from freeing up my GJ trade today. image -qFish

Sonic R. System

And together, we've entered heaven, back to hell, and now back on the path to heaven.... We are in the peak of accumulation, and they are profiting from these whiplashes in their best interest. Now that prices are moving to historic highs of the ...

Sonic R. System

This is called a major shakeout. Shakes out both tops and bottoms. Collections so many stop losses. And look where we are. We are in a major building phase for the BEAR MMs so this shakeout will fill their quota. I'm hanging on this BEAR ride. -qFish ...

Sonic R. System

That is amazing kekkis! Thank you for your support kekkis! -qFish

Sonic R. System

Hehe. Yeah, and we all will have our ups and downs, so the case is IDEAL. ^.^ Like I said, Just for fun :-) In three years from now, I'd like to revisit my post and see where I am

Sonic R. System

GJ: Trade open last night with 5 short eps after the spike. Continued to add 3 more with BEAR MMs pushing higher. Second news release today hit my TP. Trade closed for 384 pips across 8 trades or 48 pips/trade. image image

Sonic R. System

Just for fun guys, But assume you can make 20% per month (which if these two trades keep going the way they are, my first month is around this number), then you can see that it can become a very nice full time job as long as you scale Money ...

Sonic R. System

The hardest part... is to be in profit, and let it run.

Sonic R. System

AU Analysis: BEAR action all over the place. They drive price up, retail traders buy, they collect shorts, so much as to drive price immediately back down. This is manipulation for accumulation. image

Sonic R. System

Trade update: AU: Added scouts 7-10 GJ: Added scouts 1-7 EU: Added scout 35 All pairs show BEAR action as price is driven up above key SR levels. Something smells fishy and so I've taken the opportunity to get a better average price! image -qFish

Sonic R. System

Here is a good read for all. I'd like to acknowledge and thanks fti for his knowledge and wisdom: url It really does ring a bell to my ears. -qFish

Sonic R. System

And I thank you Tah (and I'm sure I speak for many others here as well) for all you've done and your continual selfless support. -qFish

Sonic R. System

And the number one thing that first attracted me to this thread was no other than Sonic himself with his quote "Sharing is caring..." That's someone you'd want to be with for life in partnership or friendship. -qFish

Sonic R. System

I'm trading with a 3k account with smallest lots size (0.01 lots, that's 1k or $0.10 per pip) and I feel that you'll be able to trade two pairs comfortably. This should let you load up about 20 scouts per pair totaling 40 scouts, leaving you with ...

Sonic R. System