Sonic R. System

bernanke indicator: go long if everything is bad for 15 min then reverse...

you are right big time !

Could be, if future direction is up, go long only until price becomes too much. Then reverse, which would be unexpected and might raise the interest of short sellers. If it does, as they go short, you continue to go long.....all the way back down, accomodating and encouraging the short sellers all the way down as you take the long side of their trades! A much bigger upside move is at stake?

Hi, Sonic
I would like to ask when your trade triggered? On chart I showed when I came on trade, u entered the same or later when saw that price holds around 1.3540 - 1.3550 area?

Vytautas

TP hit

Sonic

Sonic, that EU trade looks to have a very low RR ratio with the SL at least double the TP?

Were you just in a dangerous mood or something?

Good morning Sonikers!
I'm out with 70 pips on GU

hello all hopeu guyz doing well i m still on sonic and going in profit slowly and steaedy

Just talked to my broker after MT4 is refusing to connect.
Seems they are having server problems right before the LO!

Sever problem fixed, it seems.

EU is looking like it may give a long entry after it put the brakes on and screeched to a stop right on the 1.3450 round number.
Take a look at H4. I think we are seeing the wave about to start to setup on M15.

That said, if it breaks 1.3442 by 20 pips or so, we may be in for another Big Dipper ride.

EDIT: I am thinking FAKE OUT with this long setup!
Not that it got as far as a setup.

Hi Guys,

I Just Take This Setup Few Hours Ago. I Was Busy At That Time, So I Didn't Post My Chart.

I Revised My SL Now And Put It At Yellow Line.

P.S. : There Was a Very Beautiful Setup On EU, But It Happened In Asia Session And I Didn't Took It. I Only Trade U/J And E/J In Asia Session.

Anyway, Let's See What Will Happen Next ...

Regards,
Basber

Hi Muhammad,

It's Good To Here From You. Good Job

Regards,
Basber

EU Looks like a valid setup but I don't like the lack of volume in those last 3 candles. London has been open 2 hours and it has not broken the 1.3500

Fishy!

What do you think Basber?

I Don't Like To Buy a Weak Currency ... Price Is Below 89EMA, And It's Day Open. And Price Already Made It's Move Down. So I'll Seek For Pips Somewhere Else.

I Only Go CT After a -For Example- Big Bearish Move, When I Saw a Consolidation After The Move, Good PPZ For Placing My SL, a Reversal Pattern With Good Volume At Lows, Price Be Higher That Day's Open (First Volume Spike Up Between 6GMT To 8GMT), And Price Breaks The 89EMA, And Retested It. There Was Such Trades In Last Few Days, I Think One Of Them Was At Cad/Yen ... I Don't Go Long When Everything Is Down. And Even If It Works, TP Will Be Very Tight And I Also Said That I Don't Like Less Than 1:1 Risk Per Reward Ratio.

About The Volume Indicator ... I Just Use It As TAH Uses It. If It's Good Volume On Top , I'll Seek For Short Setups And Vice Versa. After Waves Form And I Enter The Market, Usually It's Much More Quiet In Compare To When Entry Is Formed. In Conclusion, It's Better That We Have a Good Volume Before We Enter The Market, Not After.

Regards,
Basber

Yeah, I agree, it's really no need to buy now. I can even say that it may turn out be a bit risky to do that. I'd better wait a bit and then enter the market with a couple of lots.

Most of the majors seem to have already done their thing early in the Asian session. No point chasing trades.

Thanks for that explanation Basber, I think I have got it.

Hello Guys

I'm long on EU @ 1.3475, first target is 1.3540, second target is 1.3560.

Regards,
Snu

Hi !
I take this 5min sonic set up coupled with an Head and Shoulders set up on DJ future...
SL is more conservative to try to respect an 1 to 2 risk / reward ratio...

Let's see what the market decide for me...

ok look at this..
ok you can ask why i do all that..bcoz this stuff is working mate...
unlikely to other geek-snobish ass(()) on this forum...
i d rather share here than ask more...

dont forget market is like a plane needs time to take off and landing...if not it's a helicopter and you know helicopters dont fly far away..

yis

I also took this short EURUSD...

Chaos Trader is a trend based manual trading system for Metatrader 4.