Yes Mr EllenBrook
Your Template and indicator are very convenient for trading as shown in the screen shot, we can only request you if it is possible to share Indicator and template here for which we shall be very grateful to you.
Thanks
With the return of USD. This pair is trying extra hard to break up the strong resistant of 1.29 level.
Soon they shall succeed and the market shall rise further. The next tgt is around 1.31.
Let's forward test.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
We are in a decent Bull run as it has series of BULL candle in daily timframe.
It shall continue to do so. I am expecting 84 as a good resistant and the harder resistant will be 84.5 regions. DO not short at the moment.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
I am Slight Bearish. The trend is clearly in a down one. It is just that we have 3 daily range near 1288 region. That proves that there are some sort of support/buys are in for now. This kind of move is expected as it is at control region. I still expect it should go to 1277 for another test sooner or later.
FOMC and Powell’s speech shall bring movements.
When it was at $9400 recently, I said it will go to $8,000. The BitCoin Fanboys couldn't take it well.
What it did was, it goes to the at strong support of 8000 to gather supports.
I am seeing $7200 level as a good support and I will not rule out the high possibly of going UP as well.
If the price ever rise up again, 9600 shall act as resistant again.
Trade light.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Hi Sonicers,
Just by the way of introduction, I have been trading on forex and future (rather CFDs) for quite a while now, with no successes. My account is around zero.
I'm under impression that finally I found a system which resonates with me. So I decided to master it. I have read all documents available and spend quite a while to understand it. However, when it comes to execution, I have hard times to decide and execute. Below is my analysis of some CCY pairs. I hope you can comment on what I see, so also others can learn from it.
AUDUSD
D1 - we can see that the down movements stopped and reversed just below the half number 0,75.
The price just crossed the Dragon line. The Dragon starts to revert.
H4 - Dragon reversed and is directing up, same for the trend line which will be crossed shortly probably.
H1 - similar here. We are now higher that the previous high.
I think we are a bit late here. M15 screen below with my interpretation.
Shall I wait until price pulls back to around 0,7550 and then go Long?
Screenshot2 is the AUDUSD M15.
USDJPY
D1- Up trend with the Dragon just (around 8th of May) crossing the trend line in the up direction.
H4 - generally up, with now small retracement to the level of 111.00 and previous high.
H1 - same here, we have a series of higher highs and higher lows.
M15 - I did enter Long today as per screen on the basis that is bounced back of the trend line. Unfortunately price retraced back but still above the SL (110,95). Currently minus 20pips.
We had a nice Monday swing up due to the updated info on US-China Trade war.
Now bulls are in control and they will use 24770 to 24850 as a very good regions support.
DO NOT short, as long as the regions hold.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
UK Stock Index
Now it is at decent double top, around 7800 region and now bears are clawing back.
If you have long, try to take profit for now as it can go lower for now.
The immediate support is near 7720 and it may get go to 7575 level. DO NOT LONG now.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
XXX/USD: Bearish Gold & Silver: Slight Bullish (Precious metals are not so bearish anymore) XXX/JPY: Slight Bearish USD/XXX: Mixed (USD/CAD and USD/CHF are not in the same direction) Indexes: Mixed (US index and HK index are not in the same direction) BitCoin: Bearish (Hit our TP region already, Yea Baby!)
We are in the "weak" mini downtrend for now (You can see from 2 red parallel lines).
So, I expect the price will use as the channel to bounce down toward 30250 level.
If there is any trend changes, we shall see the price violate the red parallel lines up. Until then, I will stand with slight bearishness.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
I am Slight Bearish.
Now we have ($1288 to $1293 region) as a good support region. If the price ever goes there, you will need to watch out closely as it may hold well.
Overall, I am still leaning toward bearishness but we also need to agree that they are not that bearish anymore.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
As I have read through the thread (for several days), compared posts/templates, charts, etc. it appears that your current charts look nothing like those referenced in the beginning of the thread or for quite a ways back. Is it time that a new thread be started that explains your current methodology? There are over 4100 pages in this thread and it is nearly impossible to figure out how things have changed along the way and to understand what you are doing now. What is the Sonic R system today? Just a thought.
USD/JPY
The market is taking a breather after the strong moves of the recent.
Now it is a strong support level of 108.6 regions and it might go SIDEWAYS or even bounce up a little.
In fact, it goes up, it presents a better chance to short down from a high level as the overall trend is still DOWN.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/JPY
We had an awesome fast and furious sell down recently, it may be a good time for a Swing Back.
Do not short or add short at the moment. 128.8x regions can be a nice resistant level to look for short.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
BitCoin
It has touched the $7,217 as we expected.
I DO NOT THINK it will go straight UP.
It shall bounce around between 7210 to 6834 level first. DO NOT BE overly Bullish yet.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
EUR/CHF
We had a very good profit in EURCHF sell recently and they are already Tp as the hit strong support level.
Please take note that 1.139 region and 1.152 regions are strong S/R.
I expect it "may" swing up a little higher first, to inflict pain to the late short traders. So, DO NOT add short without thinking the pontential draw down.
And overall, the trend is STILL DOWN.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Gold
We have a nice sell down in the last Friday but it didn't manage to break down the supportive region of 1288 to 1293.
Now that region is proven to be serious level and I want you to take note of it.
It is true that price action is still bearish but we have to accept that there are some sorts of bullishness are coming in too.
I am reducing from BEARish to Slight Bearish.
DYODD and Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
XXX/USD: Slight Bullish (They are making minor swing back) Gold & Silver: Slight Bearish (Precious metals are not so bearish anymore) XXX/JPY: Neutral/Slight Bullish USD/XXX: Slight Bearish Indexes: Mixed (US index and HK index are not in the same direction) BitCoin: Slight Bullish (It is making a minor swing back)
I am Slight Bearish. The weekly bar is an insight bar of the week prior. Now we have 1288 to 1293 region as a good support region. If the price ever goes there, you will need to watch out closely as it may hold well.
At the same time, the market can swing up to $1,313 until it meets a decent resistant again.
Overall, I am still leaning toward bearishness but we also need to agree that they are not that bearish anymore.
