I think NU is due for at least a correction in its current uptrend. Unfortunately, it's not prime time trading, so I'll hold off. If I don't see a drop by tomorrow morning, I'll consider shorting it. Best of luck to all! EDIT: We have a possible ...

Sonic R. System

I know I'm a little bit late to the the party, but I thought I'd share this since it hasn't been posted already... IMO, trading can be gambling, and it can not be gambling. Playing poker can be gambling, and it can not be gambling. It all depends on ...

Everyone gambles if there is risk

We always regret closing trades early, but remember: you've got to follow your system, and if for whatever reason your system isn't giving you a clear answer, play it safe. If you're taking good trades and closing them early, then you just have to ...

Sonic R. System

If you're in a trade, will Oanda cover any loss to your account?

EURUSD

The Fed is trying to shut you down.

EURUSD

Gotcha. Thanks for the input. I think I'll keep observing this pair until PVSRA becomes a little clearer

Sonic R. System

Closed my long USDCAD for a whopping +3.2 pips. For those of you who have a better grasp of PVSRA than me (most of you), do you think most of the volume is happening at the lows? Here's a 5 min chart with areas marked. The actual high volume is ...

Sonic R. System

Hey sonic, Still trying to work on the waves concept. For some reason neither Elliot Wave Analysis nor your 1,2,3 waves come easy for me Is this what you are seeing? Red is the wave you took for entry and blue is the wave you are expecting?

Sonic R. System

None taken. I didn't mean any either. Looks like the market didn't move much either way. Your support TL did hold! I am in awe Also, I'm over this pair for now. Any trade I would place would be just risking money. I'll come back if Yellen says ...

AUD/USD

less looks a lot more expensive...

EURUSD

I don't think any of those levels marked on your chart are going to hold after another hour and 15 mins. You're looking at very weak and unestablished s/r levels after such a huge move. I do agree price seems to be accumulating long, but it's still ...

AUD/USD

I'll give it a crack, but it'll be hard to code. Usually what I do is hold my hand up to the monitor and place long orders. So far, it has been a great substitute.

AUD/USD

Don't think we'll see much bullish action until tomorrow. Price will likely range for a bit. If price fails to break the lows with tomorrow's USD news, AUD should be in the clear EDIT: I'm not too much into that cover... it's too much ...

AUD/USD

Hmmm...an interesting interpretation. However, here is what I see at work.

AUD/USD

I still have a long(er) term bullish bias on this pair, but the rapid retrace after the news leads me to believe the big boys are going to drop price at least one more time before everything is said and done.

AUD/USD

Well it could be worse...be glad you closed the trade as early as you did

AUD/USD

This. Even good news would have driven the price down until tomorrow's USD news. Longs were just an awful idea before this point.

AUD/USD

Nice trades! I'm a bit confused about the EU one though...don't you have bearish divergence nicely marked on your chart? Why would you look to long it at this point?

Sonic R. System