FXRobert, Good call

Sonic R. System

Afterfxtive, Just follow the PVSRA rules and read, read and re-read the PDF's you you'll be ok.

Sonic R. System

Afterfxtive, For me it's worth watching....

Sonic R. System

Afterfxtive, You may want to drill down to lower t/f's and take a look.

Sonic R. System

FXRobert, Looks like a good call for your short on NZDUSD. No notable buying volume confirmation

Sonic R. System

FXRobert, FYI, just thought worth your watching closely anyway...... it may re-test supply/resistance zone, although its a weak zone, around 0.85870

Sonic R. System

FSRobert, Could be coming out of a reaccumulation ? Just for your consideration.... chart Look familiar?

Sonic R. System

UJ, nice little 50 pip move and hit target, but started on wrong day (Sunday) for me , volume dropped, lacked confidence and closed early

Sonic R. System

UJ, pulling fibs looks like 50% pullback on weekly chart and same fibs drilled down to daily

Sonic R. System

FXRobert, Lets GO! Just give me a minute to pack my fishing gear.........

Sonic R. System

FXRobert, Thanks, Gotta Love it when a plan comes together! sure makes up for those that don't. UJ looks like it still might have more to the downside, but PVSRA led the way for a buy quickie. Actually, just understanding and reading PVSRA ...

Sonic R. System

Entered UJ long scout based on above. Quick scalp closed +21 @ 101.55, confirmed by supporting volume from demand/support. PA may have more downside to come, but had enough confirmation for this scalp anyway. I normally do not trade on Sundays, but ...

Sonic R. System

Need supporting volume to enter UJ longs for me at this demand area/support based on late Friday's PA, but need to see Mondays PA and further study of PA associated with volulme. Appears to me that MM's ran price below key level 101.500 possibly ...

Sonic R. System

Good Night..........

Sonic R. System

CoreNYa, I am just attempting to understand your reasoning for the above statement?

Sonic R. System

UJ or GJ ?

Sonic R. System

TAH, Thanks as always for your comment. I guess my point of view was more from a scalping perspective looking to scalp a rise in price more than a position trader. What mainly caught my attention, for scalping opportunities, was the high vol bounces ...

Sonic R. System

I agree UJ MM's are Bulls. High volume as price hits lows in demand area. Watching for supporting volume to start building longs Monday to be conservative. Some probably have scouts out now!....

Sonic R. System

Of course, Illustrating the Negative Correlation between EU and UC as discussed in an earlier post by new traders that were not aware; Posted; "EU & UC coordinated Both EU and UC are coordinated in terms of building positions, but in opposite ...

Sonic R. System

Example of Current negative correlation as discussed in earlier post; " Using Currency Correlations To Your Advantage, we see that the correlation between these two currency pairs can be upwards of negative 95%. This is known as an inverse ...

Sonic R. System