EU My opinion of this pair is to watch for possible retraces to the marked yellow areas near the 38.2 and 61.8 fib resistance areas near the zones of the upper and lower 1/4 numbers. Recent price action on this pair suggests the all important ...

Sonic R. System

I would say, all that matters is the chart. I.e Are the MM's bulls or bears? I know TAH has said this a lot but its even better experiencing it firsthand and reinforcing it.. What I am trying to get across strongly is this, the data of the news ...

Sonic R. System

About The News So recently I have have been examining price and its reaction to high impact news events and I can't stress enough that the data doesn't matter! It truly is the intent of the MM's that matters, as TAH always says. I still felt the ...

Sonic R. System

Welp that sure is a beautiful example of how news figures don't mean scrap in this game, as we saw all green figures and CAD still fell big time. Its better to trade news moments before it happens with a bias already in mind as it turns out.

USD/CAD

Core CPI and Core retail sales in 20ish minutes..lets see this thing take its fall..

USD/CAD

If price isn't hiked back up before the release I'll probably actually pass this one..I personally don't like to get into something when the sell-off has already begun..

Central Banks & Big Players

Looking forward to seeing what CAD has in store for us tonight. Personally I'll be selling 2 mins before the release, guess we'll see how that turns out.. Best of luck to everyone else.

Central Banks & Big Players

Edit: Problem resolved: If anybody has had difficulty in displaying closed trades on the lower TF's make sure you have the 'Simplelookback time' input reaching far back enough for when you took that trade, this will then show closed trades on all ...

Sonic R. System

UCad short trade opened at the half number. image

Sonic R. System

Is it possible to display closed trades from the trade levels indicator on timeframes lower than the H4/Daily etc. I was trying to make it so I could display my closed trades on the 15/30/H1 TF's and couldn't find an option that would do so for me. ...

Sonic R. System

NU could begin to slide here if LS/NY MM's don't rehike price up. Entered classic with confirmation of bears from M1 as shown below: image This is still a couple hours out from LS open but Frankfurt is in 10 mins so that could potentially see ...

Sonic R. System

I agree with you, I really shouldn't give the news as much attention as I do but nevertheless I have been and remain bearish on NZD since 0.845xx and saw adding above the 0.86xx whole number a good opportunity. I am slowly but surely learning just ...

Sonic R. System

US releases come out healthier than forecasted yet we still see NZ go even higher image

Sonic R. System

NU scout #4 added above 0.86 whole number 5 mins before high impact US releases. image

Sonic R. System

Anyone watching this at the moment 15 mins out from US high impact releases? If the data comes out good 0.86 could be the top for this pair..we'll see.

NZD/USD

Agreed, although keeping in mind all this just 30 minutes out from 2 high impact US releases..I smell bears..time will tell.

Sonic R. System

GJ: MM's Are Stopping The Drop! image Notice also how this whack back up is just before NY session opens..you can bet US MM's are getting ready for their own shorting of this pair..

Sonic R. System

Welp, I definitely wish I had put that short on 2 mins before it came out. It would seem this strategy is entirely hunch based trading though, although appealing with managed risk (SL placement) and attractive R:R..

Central Banks & Big Players

Agreed, always something new in this thread when I check it I personally don't trade any of those, mainly due to higher spreads. However I have seen loeil and sonic both trade gold using this method on occasions with success.

Sonic R. System

So let me get this straight. The name of the game is to guess which way you think the news is going to go before it happens and place the trade on 2 minutes before its release time? Zew is going to come out bad in my opinion. I have no idea but if I ...

Central Banks & Big Players