Sonic R. System

EU M15
Long EU near@ 1.2525
Free ride now...and will trail SL by quarters line...
Target Profit @ 1.2575
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UChf M15
UChf simoultanously sell with EU as a lead...
Target Profit @ 0.95500
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Closed EU +51 pips
Closed Uchf +39 pips
Happy weekend...

AU long - buy stop

ucad placed sellstop

Nice trade mate.

Hopefully you booked some profit by now

Before Bernie starts to (spit fire)

Regards,
H.

short eu breaking 2564
i did short2622 sl@BE
breaking 2583 will give the signal for breaking 2564

not happy wiht gold breaking high

Thanks Hansma.Yes I made..but not too much.Trailstop hit

Cheers

never use trailing, its useless shit designed to fail

i believe thats not a valid sonic signal... Dragon angle is up..

Weekly is bullish.. $35 seem nice resistance..
I will rather long..than short..



Sonic

One more time...
EU H4

EU placed sell stop..Let the market decided
ranging due to bank holiday..have to wait until NY.

Let´s see which scenario is gonna play

Regards,
H.

Fantastic analysis

Cheers
Kumar

EU Market Comment:

Thursday is a big day for euro due to an important ECB news release scheduled. Anyway, as much as folks anticipated some move with last week's USD releases & Woods Hole, etc., EU will likely be even more affected by the upcoming ECB release, which is being touted as a truly major news event.

This is speculation on my part, but viewing EU PA in retrospect, the pro-USD pump anticipated for some time now has not come. And maybe this major ECB event is the reason why. Instead of EU recently moving down on USD releases, it has continued to be edged upwards. Now, look at the volume on the high bar during the trading on Friday. This is absolutely the highest volume/trading activity since early July; extremely high trading during a sudden pump to highs also not seen since early July! This activity might be testimony to the importance of the upcoming ECB event, with the market having taken the opportunity over these past weeks to drive EU up to a significant high. The culmination of this drive might well have been on Friday, giving the market still plenty of time now to close longs and build short positions, all at most favorable prices and in preparation for a big move down. It does make sense. Whether this is the case, only time will tell.

Anyway, Thursday will be a major day for EU. That is something to keep in mind. Until then, PA might be constrained to the 150 pips range constructed Friday, with PA being swung up and down in the remaining time so that the market can convert its position. Again, this is speculative.

with a very strong bearish close candle for Aug, it is still too early to take a buy position trade..
unless of course if you are prepapre to build up more positions below 9850 to 9400.

wait and see, .. as Sep should be a good trading month compare to Aug.

Trade Well!

UCad Market Comment:

As with EU (my previous post) the PA for this one seems also to hint that something quite big is brewing.

Note the volume on Friday for the almost 50 pips whipsaw. The is the highest volume/trading activity since late June! Considering the fact this has been in a 100 pips range for about a month, this is a telling event. The market just made a play, a big play. And since the range is at the bottom of the long term trend, and since the play was at the lower part of the range, the odds favor this play being preparations for a move up. A big move up.

As emmanuel7788 said in his post above, September could be a much better month for trading than August has been.

tnis is reallllllllly boring!!!

this is reallllllllly boring!!!

It is Labor Day in US. No activity. Sort of like a Bank Holiday. Not to mention that the market might be very cagey until the USD ADP Non-Farm Employment Change release, the USD Unemployment Claims release, and the ECB press conference, all on Thursday starting within 15 minutes of each other. Thursday is going to be a huge day.