Sonic R. System

Lolx,I wish I can..,

me posting via my mobile..

Sonic

Actually someone pushed it over ...after 12 hours waiting , ...didn't you see that?

Like this!

when you are at home, someone esle is the boss.
you and I know who.

EJ added short #2 as a Scout trade.

Added final short #3- clearly not sonic trades here.

Hi, TAH

Newbie here, still learning the rope of the system. Spotted this double-top failed to break the previous high. Do you think we'd better close the long trade upon the break of the neckline (which was already broken)? I observed one of the earliest posts where Sonic took profit upon seeing a Double-top.
Thanks.

No Sonic setup LS today, boring

eu is not good set up?

I took this thread before the news. There is expectancy. SL is the red line below. If I'm lucky I'd like to reach RDH as depicted on the chart. Remember...your R:R is the most important thing. If a trade goes in your favour and then without hitting TP1 goes against you... don't wait your SL to be hit. You exit at BE or with some pips loss. On the long term your R:R will become better and better and you'll be successfull. Take care.

btw, instead of thread I wanted to say trade. it's just i had too much alcohol today....

Ok. I don't have the patience today. I wanna go outside and enjoy life. I exited the trade for some pips. It's ok until I can milk the market every day.
Have good trading !

Hi TAH,
Regarding the SonicR VSA indicator, is it possible to add an Email alert to this indicator? as my coding skills are non existent, I would be very much grateful if this could be added to your next release of indicators, as I find the indicator gives a good heads up to change in direction on the 30 min time frame..
Regards
Drew..

AU may have a re-entry setup

Comment on EU:

Though this is purely speculative, I do think we will retest 1.27 one more time. While the panicking of most markets has calmed down, it doesn't seem to be clear yet that we can move past this shorter term trend. However, upon holding the lows once more, I do think EU can set the stage for a year end rally toward 1.3.

Expecting the same type of PA for stock market indexes such as NQ (technology) .. We shall see.

No doubt the M15 is the time frame chart we trade, and certainly PA rolling over twice (with the second time at a lower level) is a sign that an upwards breakout is being stopped. However, look at H4 (attached). It clearly shows a concentration of PA that is probably being kept in a tight range by the "powers" in the market while they load up (longs). It also shows that while the Dragon is moving up and down, it is doing so in an ever rising fashion. And then, there is that lower TL area......

Tah,

What is your take on the Yen Pairs.

Hi worldfreedom. My first reaction to your question is arrrgggg! But that is because I rarely trade them and when I do, I usually screw up since I am not "in the groove" with them. However, looking at them there are two things that stand out to me. On the Daily charts they all seem to have been moved up to major SR areas with these last, and exceptionally "good" runs. And also, these runs might just be too good because I see across the board very good volume at the highs attained today. Since it is not beyond the possible that the market put on these strong moves to get the prices really high in order to close longs, my bet is that is what they did. And it would therefore mean they expect yen strengthening is coming and they wanted to be out with good profit on their longs so they could start preparing for that. That is just my take on it by looking at the larger TF charts and the M15 price-volume action today. Tomorrow being US Thanksgiving, it will likely be a dull day, and maybe good for parts of the market to start building shorts at these highs without much affecting the price. And then Friday will likely be a dull end of week day, too. And same opportunity for the market to build shorts without much real "play" in the price. Next week is going to be the first opportunity we'll have to see what the market is likely up to.

All speculatative, but that is my take for now. The market rammed up the price to get the hell out of it's yen pair longs!

I also note that with EU and GU the best volumes today were at the highs, also. They were both moved back up to signicant SR on the Daily chart. So this could be a similar situation, the market running up the price ahead of US holiday and Friday in order to maybe finish closing longs and prepare for downside to come. Now if this is a valid senario, if EU and GU might start losing ground again, it could also add some seasoning to the EJ and GJ brew.

Here is an interesting situation. Today EJ and GJ went up significantly relative to their average day range, while UJ went up much less significantly. And yet EU and GU went up insignificantly against the USD relative to previous day highs. This suggests that EJ and GJ might have been pumped out of proportion, and might be more susceptible to any upcoming downside.

UJ: Entered trade 2 short, a Scout entry and not a classic Sonic R. entry.

Thank u, TAH. Really appreciate it.

Hello and thanks in advance, can anybody expaling the mouvement at final hour on this pair? same with CHFJPY and USDCHF

EU Comment

This heart beat spells the death of the euro (EU goes down: after the pump, lots of volume at highs and coming down off of highs).

Well, we'll see what the market decides. It calls the shots. But note the releases upcoming. The market could be executing the "Pump 'n Dump" strategy (pump up the price only to take advantage of the highs attained to close longs and open shorts), which could go on for hours. Maybe in conjunction with those releases (or sometime afterwards) the market will pull the rug on this one to kick off making profits on it's current short building. Speculative, ok?