Sonic R. System

Quoting Rastaman

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You also TAH? Get away, man!

I am changing my templates in an attempt to change my thinking.

I like this pitchfork indicator with the ext fibos and wave.

EJ looks like we may have a short coming up, nice PB on H1 and small H&S forming on M15.

There again, we should keep in mind the R H&S on D1!

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Quoting traderathome

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"I am changing my templates in an attempt to change my thinking.
I like this pitchfork indicator with the ext fibos and wave.
EJ looks like we may have a short coming up, nice PB on H1 and small H&S forming on M15." -

I might be wrong about this, but it seems to me we get into "difficulty" due to indicators!...

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Quoting Rastaman

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Yeah, you are probably right T.

I think I was having a relapse due to all the Lame ducks.


Edit: I probably need less indicators as you say.


Main screen=Dragon, Round numbers, Levels Daily indicator, 89 EMA.

That is it....!


This is good.

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Quoting traderathome

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"Main screen=Dragon, Round numbers, Levels Daily indicator......." -

Ok, try this logic out.....

We know that current PA, in a run, won't heed pivots unless the pivots are in sync with past PA. Sounds circumloqutious, doesn't it. And what is past PA in sync with? Or, what came first, past PA, or what past PA is in sync with?? Another hen vs eqq riddle?

Nope. I am beginning to believe whole, half, quarter, and eighths are the basis for it all. We know that PA overshoots targets. Keeping that in mind, and using the Levels x8 indy .........

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Quoting Rastaman

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I agree, and ultimately I think hand drawn pivots at price flip levels are the way to go. It is just a pain in the butt to draw them, you end up with a bird cage if you go overboard.


EDIT: I have read that in the early days of the market, people actually remembered the price levels that PA either got stuck at or bounced off, this became what they call "Market Memory". Now, we do not have all the data on our charts from day 1, so how can we or even pivots predict a hard spot if we do not have all the data?

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Quoting traderathome

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"Main screen=Dragon, Round numbers, Levels Daily indicator......." -

Ok, try this logic out.....

We know that current PA, in a run, won't heed pivots unless the pivots are in sync with past PA. Sounds circumloqutious, doesn't it. And what is past PA in sync with? Or, what came first, past PA, or what past PA is in sync with?? Another hen vs eqq riddle?

Nope. I am beginning to believe whole, half, quarter, and eighths are the basis for it all. We know that PA overshoots targets. Keeping that in mind, and using the Levels x8 indy .........

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Quoting DanPa

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So, are you in this one TAH, Long EU? what are your targets?

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Quoting odges

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my small short on usd/chf @ 1.699. exit 1.677.sl 1.7017

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Quoting Rastaman

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Yeah, I am in on UJ.

Serious counter trend though.

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Quoting Domas4

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For those who took USD/JPY trade:
It was a loosing trade for those, who had tigher stop loss (above
the recent high). Let's try to rationalize and find reasons why was that,
even though we know that we should "let the market decide!".

As Rastaman mentioned, it is a big counter trend trade. Since it broke
the huge resistance a few days ago, I think now the price has huge support.
This can be seen clearly on the Daily chart - the price is already above the resistance.

[b]Like ddaytrader once said - "if you trade counter-trend,...

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