Really? What makes you so bullish on EU? An explanation would be nice. I took a short scout here, still remaining.. image

Sonic R. System

Agreed! This is my first live PVSRA trade too Added #3 and #4 scouts since last post. image

Sonic R. System

TAH, thank you for your invaluable posts about your views on SL's and the free PVSRA lesson. I've just gone live and made my first ever (proper) trade the PVSRA way. Believe it or not I just gave up 6 bucks to the MM's trying to scalp on the M1 out ...

Sonic R. System

Yes totally, to each is own with whatever works for them, theres no one way to trade, just like theirs no one way to do anything (driving, musical instruments, singing) etc etc. If it works for that individual, great, that's what matters at the end ...

AUD/USD

Yeah so if the higher low was broken then that would form a new high, then a retrace move down after that at some stage would be a lower high.

AUD/USD

Just because I don't consider it a new high until it has broken the previous higher low. If it breaks the previous HL marked then I would say for now uptrend with a retrace move down expected.. Although that's only if it broke strongly, which I ...

AUD/USD

Well for the record, heres where I see it is still in a daily downtrend image

AUD/USD

Okay seriously? I truly do believe it as going down for a number of reasons. Fundamentally speaking also and where the big money is at.. Everyone has different analytical processes to arriving at their own conclusion and that's great, everyone ...

AUD/USD

Ouch...really?

AUD/USD

Appreciate it, we'll see

AUD/USD

Daily trend is down..we don't have any higher high formed as of the moment..In my opinion, the move up is nothing more than a headfake/retrace to coax in long buyers so the smart money can accumulate shorts at better prices. Theres also a heck of a ...

AUD/USD

If you ask me AU is just readying itself for the move down yet to come *cough* insiders knowing bad unemployment releases are on their way *cough* Just my opinion.

AUD/USD

I think AU is due for more downside with unemployment data coming out. Looking to enter all in AU short long term position.. Considering 0.9100 with 0.9300 SL or 0.9150 with 0.9350 SL.. image

AUD/USD

AU short scout opened. image Price taken above 0.90000 on high vol occurring at the highs. It is possible MM's may mark price up higher closer towards the higher resistance area marked on H4 near RWH ahead of the high impact news releases ...

Sonic R. System

I totally get what you mean by that trade off. What I have been trying is when entering a classic I use double my scout size and if it runs, great. If it comes back down thats where I add supporting scouts (at half classic size). This way I kind of ...

Sonic R. System

He is good Yes what I mean is the opening of a trade. I personally prefer the supporting scout rather than the pre-classic scout so only use them after I've had a classic set up. If I were looking to go long like in this GJ picture I would wait ...

Sonic R. System

Personally everytime I enter a trade on a specific currency pair I will allow for my maximum drawdown on that trade to be between 1-3%. Of course how much I can afford for price to move against me depends on how many positions I put on. I feel ...

Sonic R. System

Yes I did, and I totally get that you wanted to stay out as not to overdo things since you were abit early but I was just wondering why you hadn't marked where I had as ideal places to start building also? Are they not good starting points? And if ...

Sonic R. System

Looks pretty different for me. Broker Vantage FX (Australian Based) image

Sonic R. System