Sonic R. System

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EU Long...

ilesic, I took this long also. Will look closely if PA reaches my TP1.

EDIT: SL hit

Waithing for eur/usd short,waithing situation like this in picture

EJ Long Trade Stopped Out:

84 pips loss. I had added to this one too! And yesterday I had a chance to close with profit at my first TP.....arrrg!

WoW! What a run this took during the asian session! Geez, it is like Japan's economy collapsed!

my　SL1 hit -35 and the other half is runing. what about you?
USD/CHF wave looks good to me...

my strategy is to have only one SL "It's now or never"..

Hello Sonikers ! I would like tray a long GBP/USD.

On the 15 min I wait for new HH to enter. The pattern looks like a H&S.
4h GU stayed in a range for a while. Yesterday GU went outside the range and this morning he re-tested the resistance of the range. GU tested fibo 61 with success (took H-L of US session for setting fibo)

Doncex, I agree. Currently, the SonicR EP is above the main pivot/half number. The previous low is at the pivot, which would place an alternate EP just below this main pivot/half number.

GU:

Also waiting for something like this.

pipoca, I would wait..price is bouncing from the previous support..

Thx for remarks, hopefully I did not enter on the last spike, could go easily down

Edit : I am long GU @ 1.5529 and I have already tight SL under the last hanging man candle

Edit 2 reset SL to BE, now I let the market decide

Edit 3 : the trade was stopped at BE, then GU went to TPs. Today I could not stay in front of PC....

UC:

Apart from the yen losing ground to the dollar, most others have gained against the dollar today, except this one. This has gone up and right back down again.....?
And there is a CAD release in less than 20 minutes. Should be interesting to see what happens since it looks like a lot of trading happened at the last highs.

EJ:

Ran up against the yen for almost 400 pips yesterday! This is a story. BOJ sold off yen to "protect"....I guess that means keep it cheap. It had that effect, anyway!

This move invites consideration of a "Cliff Trade". That is when something moves fast and far, you can almost always figure on a good pullback. In this case a 50%'er would add up to almost 200 pips!

Sure, the PPMs of any sub-session (asian, early euro, London and US) could pop it up even more today. But with such a big run yesterday, maybe they'll come back to the table today thinking they overreacted and hung themselves out to dry! In which case, this might get a slam dunk today.

So, I have ventured a small non-SonicR Cliff Trade, short of course, anticipating that the PPMs might get "buyers remorse" and start selling off.

Now, if you are suspicious of nature, here is something else to consider. The Central Banks (like BOJ) have trading desks. Yesterday, without so much as a howdy do, BOJ did the dirty deed, and EJ, GJ and UJ soared. Do you think the BOJ trading desk was prepared for that, and made money on it? But wait! In about 7 hours the BOJ Governor Shirakawa is going to become a "talking head". Now, if they are real smart, he'll phrase everything just so-so, to make everyone think they overreacted yesterday. They'll all run off and try to undo yesterday's trades! Do you think the BOJ trading desk will be ready to make money on that move too? I mean think about it. What the hell has Shirakawa got to say that is worth listening to, when it comes a day late! Almost sounds like Pearl Harbor all over again. So, maybe whatever he spits out will really be to benefit BOJ and its trading desk!

WARNING: Speculation, and lots of it!

Let the market decide.......

EU:

In the same vein as with EJ, this could yield a reactionary pullback. There is a low impact EUR Trade Balance release today, followed by a high impact USD PPI m/m release 3.5 hours later. All this allows time for the PPMs to hold the price up to and thru the EUR release, maybe even pump it sometime in there, and then pull the rug out from under it in conjunction with the USD release.

WARNING: Speculation!

Let the market decide. (And today could be very interesting.)

EURUSD: +61pips
closed manualy as 61pips is quite enough.



EDIT: hmmm, I stopped the trade very early. It's flying sooooo high! Never mind, nice profit for me, anyway.

I have closed my EU trade.

I have 2 SL, and SL1 was hit at yesterday Due To Tight SL, -35PIPS
the other half TP1 and TP2 hit. +40,+90 average 65+


Total +30 Pips. not bad to me!

nice one

Im going to take gbpusd long,looks like a good situation

big volune I think it can be a nice long eurjpy ,I think in american sesion will be spike up