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SaiLyfee replied Feb 28, 2014Don't forget NY hasn't opened yet..I'm guessing they're gonna want to get in on the action too. Just my opinion though, who knows.
Sonic R. System
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SaiLyfee replied Feb 28, 2014Wow...just wow.. EU and Uchf... Never seen anything like it.
Sonic R. System
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SaiLyfee replied Feb 27, 2014Oh man..so confusing, a hammer followed by a doji, but this time on higher bear volume..I don't even know...MM's are being tricky again.. image
Sonic R. System
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SaiLyfee replied Feb 27, 2014Well, that was a quick trade.. I bailed out for a small loss after I saw the formation of the blue bullish pinbar (Hammer). It appears it may still be trending up for now.. image
Sonic R. System
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SaiLyfee replied Feb 27, 2014Yeah unfortunately, thanks to Metaquotes, MT4's upgrade to v600 stuffed up all the coding in the indicators we use causing them not to load properly. Lucky for us TAH, zulsar, qFish and I think eaymon have all been helping to get them recoded to ...
Sonic R. System
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SaiLyfee replied Feb 27, 2014I don't see currencies as always ranging, not at all, PVSRA is just an analysis to see if the MM's are bulls or bears, no trade should be simply taken on this alone without consideration of the big picture. It's always important to look at PA, and ...
Sonic R. System
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SaiLyfee replied Feb 26, 2014Sorry for that, I'm not the best and explaining things as TAH is from his years of experience trading this way. I would say this though, fundamentals don't matter with currencies. I don't see any intrinsic value what so ever in this market. What I ...
Sonic R. System
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SaiLyfee replied Feb 26, 2014Gold: An Economic Cause For Concern? image I am trying to make sense of this massive volume spike shown on the MONTH chart...could this mean GOLD is ready for take off?...Perhaps Gold is being brought up by all those in the know of what they know ...
Sonic R. System
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SaiLyfee replied Feb 26, 2014GBP is showing weakness. (Doji bars) AUD is showing strength. (Hammer bars) I also believe PVSRA has proven effective that GBP is under accumulation of shorts and AUD accumulation of longs. (In my opinion) GBP/AUD on the other hand is showing a ...
Sonic R. System
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SaiLyfee replied Feb 26, 2014Tempted to go short into an aggressive H&S sell if price makes it above the 1.87 number.. image
GBP/AUD
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SaiLyfee replied Feb 26, 2014Ouch..best to always wait for the news first and enter after its happened imho. Now that its out price has sunk and is giving some nice prices for getting in long. US releases tomorrow, stay vigilant.
AUD/USD
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SaiLyfee replied Feb 26, 2014AU. This is what I see with this pair. On the M15 we may be looking at a potential Classic long setup. When looking at the H1 for PVSRA confirmation we can that the most volume is occurring at the lows below the half number (0.89500) indicating ...
Sonic R. System
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SaiLyfee replied Feb 25, 2014That's not bad thinking at all, I agree completely that the MM's like to use the news to their advantage as a result of them having access to insider knowledge allowing them to scheme in advance. It really is like a big game of detective when you ...
Sonic R. System
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SaiLyfee replied Feb 25, 2014Hmmm it would appear I have a similar looking bear pinbar on my H4 as well. Also I suppose when looking at the DAY chart we get a similar picture with the formation of 4 bear pinbars and possible another one developing today. Guess we'll find out ...
Sonic R. System
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SaiLyfee replied Feb 25, 2014CADCHF re-entry taken as price fell back to support area and just below the (0.80000) whole number. image Its not LO yet so I don't expect this to go anywhere till later, hopefully northbound. Targeting RDH, RWH.
Sonic R. System
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SaiLyfee replied Feb 25, 2014Thanks TAH, this is the kind of explanation I was looking for. It definitely seems to be a trickier one to determine when price is giving both bear and bull signals. Looking at the H1 I can see this pair has been ranging for around 2 weeks now, ...
Sonic R. System