Sonic R. System

Making its move now.....

Im im eurusd long,now waith until american sesion open...

eur/usd long

The US session started with a pump back up. But the highs are lower, so far, than in the early euro session. PA may be weakening and preparing for a downside move.

WARNING: Speculation.

just took a long on EURCHF, think i got the wave pattern right, open for feedback, not sure about take profit as yet.

Viewing this as a possilble upcoming SonicR re-enty opportunity.
Edit: Looks like this will not develop until tomorrow. It might be the PPMs are holding prices across the board (EJ, EU, GU, etc.), taking advantage of time to consolidate their positions (i.e., switch). If this is the case, then no guarantee tomorrow either. Either that, or there could be a bang-up reversal drive tomorrow because there are high impact releases then that the PPMs might be planning to use as excuses for such a move!

eur/usd tp reached +41 pips

You are doing excellent trades, Doncex.

Note the Weekly. PA hit major S&R area and the climb was relentless.

[quote=traderathome;4077890]You are doing excellent trades, Doncex.

Thanks Tah your post and comments is instructive,I most read your pic and comments,also I always read post-sonicdeejay,basber,Domas4,Danpa,ddaytrader

They are the golden grail of traditional Sonic R System and I like it

Setup short possible.

Its off and running....

This may be next. No WAVE yet, so maybe a pullback upwards and then a good run down? But, maybe not; could just drop.

This one, too. Has WAVE and good activity on the dropping candles following the PUMP.

A good short brewing? For today? Tomorrow?

NVO shows lots of activity yesterday, preparing for the run up. Now, in the US session, it is obvious from NVO that the run up has happened and that serious selling off has begun.

PA seems to have struck a consolidation zone just below previous support. This is an opportunity, while the PPMs hold the price up, to continue adding to their short positions. We may, or may not, get a sudden spike up out of this zone before another drop. If we do, it will make for a better WAVE. As it is, the horizontal/ranging PA in the consolidation zone is, in fact, the second leg of the WAVE.

TP1 reached.

Surgical precision!
For now I'm studying this great setup and learning with all of you.
Thx a lot.

Short Trade Management:

It now being well past prime trading hours, it looks like if TP2 is to be reached, it won't be until tomorrow (last session of week). Meanwhile, PA could be pulled up in anticipation of more downside by the asian and euro traders tomorrow. Maybe the US traders, too.

Therefore, I am thinking of closing the trade before this session ends. That way, if there is a substantial pullup tomorrow, I can re-enter high again. But, PA could just linger around the new lows until prime hours tomorrow, and then start dropping more. If I am out, and that happens, I'll just have to re-enter maybe even lower than where I might close it today. I'll wait a bit and see if PA achieves the lows again, or even moves a bit lower.

I'd like to exit as low as possible from this point forward.

Both were accomodating, dropping to RgL, and even more. Good pips today for anyone trading SonicR.

Nice trades Tah

Greeks again raises protests and during american sesion traiders go short eur/usd

interesting what shows tomorow london,sydney,american sesions

friday good time traiding acording waves