No!!! Wait a bit! I'm long on the EURAUD 5M chart ;-)

Sonic R. System

To complete my post about the use of Supply/Demand Zones, you can find below the kind of zones I expect to be retested before I enter on a Classic Setup. In the picture I show only the different Demand levels or zones; you can simply reverse the ...

Sonic R. System

You're right There was too much volume on that green bar! PVRSA is really a beautiful tool to analyse the charts :-)

Sonic R. System

No, but I prefer the entry not to be too much further away from the dragon. And I prefer if the pullback is touching the dragon. But perhaps I'm wrong and you should read post #1 and all the attachements to learn it correctly.

Sonic R. System

Here is an example of a bearish Classic Setup that did not result in a down move. We can se that the supply zone was not tested and although there was a pullback to the dragon and then a lower low, price did not continue downwards.

Sonic R. System

I think the price action is quite bearish on GBPJPY M15 chart.

Sonic R. System

Thank you tah ;-)

Sonic R. System

The key is to identify a move on very high volume in one direction and then a move from that area in the opposite direction on very high volume too. And then you look for a Classic Setup. And then sometimes you don't know really if you can enter a ...

Sonic R. System

I've seen that many traders here are using supply/demand zones on their charts. They can be used to determine profit target or stoploss for example. As Sam Seiden explains on FXStreet, demand zones are defined by a drop-base-rally or a ...

Sonic R. System

Trade closed!

Sonic R. System

I took this long entry on GBPCHF 5M

Sonic R. System

Too bad for me to trade it. On the daily it is looking a bit bearish for me, but it could well go up to 09350. On H4, we can see a nice pinbar on high volume, but we have to look at H1 to better see what happens. On H1, price could well move down to ...

Sonic R. System

CRAZY! I went long on USDCHF M5 and short on EURUSD M5 10 minutes bebore the news using PVSRA. WHAT A MOVE!!!! (Demo account only: I'm still not confident to try this for real ;-))

Sonic R. System

I've closed my short trade at breakeven due to the coming news and the recent great buying volume.

Sonic R. System

On my H4 chart, it looks also quite bearish. The highlighted bars having big volume are not exactly the same. Recently the volume appeared at the lows, but I'm wondering if the last big red candle is not showing some resistance above too. Anyway, ...

Sonic R. System

USDCHF is looking bearish on the 5M chart. I'm already short, but I think a rally up to the whole number level 0.88000 is likely to happen very soon, before prices goes down much more. Let's see...

Sonic R. System

For me that volume is bullish as it emerged from below the whole number level.

Sonic R. System

GBP pairs seem really difficult to trade nowadays. The recent high volume activity at the lows on GBPUSD on H1 made me take a long trade on M5.

Sonic R. System

No, I was talking about VSA. Of course volume is key. You're not allowed to question that here ;-) And as I wrote, for me PVSRA is much more powerful than VSA. Both methodologies use volume, but PVSRA is both easier and giving a much clearer view ...

Sonic R. System

I don't know what the others are thinking about it, but I've read it and for me PVSRA is thousand times better. With VSA you need to have 2 higher timeframes showing the same trend as on the trading timeframe and then we enter on a low volume ...

Sonic R. System