Sonic R. System

Hi Muhammad

My pending still closed and agree with u, we can have e/j short.

Hello,

i am new to this thread, i would like to ask, if there is someone who uses this system on live account? Can you share with your results? how many pips per month or year you can gain?

GU Alert (Cont'd):

PA has retested TL twice now (red arrows), last session and just a while ago. Since this last retest, PA has fallen below major S&R area (blue bands). PA may come up to retest this S&R area. Then, we may see PA fall more, eventually setting up a SonicR short trade.

EJ:

PA has made a higher low in the area of major support. For those eyeballing this as a possible short, keep your "long" hats at hand, too. And if this moves up, so likely will UJ. The US Open may bring downside pressure as did FO/LO......all in preparation for a good move higher, possibly.

Description US banks will be closed in observance of Martin Luther King Day;
Usual Effect Low liquidity and irregular volatility;
take care ...

US Open time was followed by another push down, but still it ended with yet another higher low. PA has since been on the upside creep. If trading tapers off due to banks being closed this may end up going into more sideways up/down swings about the S&R area (blue band). But we never know, a somewhat substantial move could happen.

UJ:

Ep is tucked in nice and close to Dragon. Very low trading range this and last sessions, but both Tps are within reason. It just needs a little juice to get it going. Bank holiday may quash it, though.

now i m free from my job ....i m working as Account exactive ..very much bussy

Muhammad

UJ, Bear or Bull?

The H4 chart shows the perponderance of hits along an S&R area, a Bear Channel (PA up) and a Bull Channel (PA down). What are we to think, that the next leg will be up? But all of this is happening below the 89 ema, which is turned down as is the Dragon! So, is the next leg down? Yet, doesn't the more hits on a support without a break down mean the stronger that support is? So, is the next leg up? But H4 trend lines show PA has more downside to go to. So, is the next leg down? But look, PA does not have to hit the lower TL again for a good move up, as the chart shows. Or should the TL be per the second H4 chart? So, is the next leg up?

What does the Daily chart show? It shows the first leg of a SonicR (Day chart) long move has been made. Price is in consolidation at major support area. And while both the Dragon and 89 ema are flat, they could easily move up from here.....the Dragon has already made what looks like a bottom, and maybe the 89 ema has also.

Yep, it could go either way. I am biased long because of the recent serious dip and recovery which took PA up thru 89 ema for the first time after a long run down below the 89 ema. And, as frequently happens, PA could then come back to re-test the 89 ema and then bounce. It is the good chance for a bounce here at the Daily 89 ema area, per the daily chart, that is behind my bias long.

UJ:

This possible long setup never panned out this session......US bank holiday, etc. PA never went thru Ep area to trigger it. As a setup, it remains preliminary. And much can happen between now and the next FO/LO moves. So, there is nothing to do with it but leave it on the burner with the added Ep South line, and wait to see what develops.

EJ:

All the same is true here. Activity just simply died off. So, I added Ep South to it and will wait to see what develops in the next session.

GJ:

Speaking of yen pairs, and since we will next be starting the asian session, this has possibilities too as shown in the chart. This can have a huge trading range, yet the Tps go less than half a days range (averaged over a month), so it is conservative. Ep South, is about where the SL is shown for a long trade.....should it go south.

Good luck in your new position, Muhammad.

I too am still bearish the UJ ... my third TP for the Big Picture short is 89.33

GJ: Tp1 reached.
Edit: Trade closed on pullback to Tp1.

GJ: Scouting this for re-entry.
Edit: Entry (second chart)

EU: Possibility per pic.
Edit: Entry (second chart).

UJ: May be coming around.

Good Day, Sonikers!

I'm considering this possible SonicR Long ont he GU as the Cable looks to extend its rally after this pause (a pause that refreshes? we shall see)

Hello DD best of luck with your trade ,,,,but i m looking in sell in this case ...next UK session or US session will decide the market way ,,,i m looking bearish way..we can say this is the trend revers condition or may be i m wrong but lets see my observation is totally against the major trend and trend is up.
Regards
Muhammad-Idrees

E/J triggered
EDIT: sl. game over
Support/Resistance most important thing.

Hello, Sonicers,
maybe somebody can me explain, why this did not work prperly? I really don't understand. 4h - up, 15min setup was good, trade was tiggered, but SL hit again..
Thank you.