Sonic R. System

Quoting LITEchild

Disliked

{quote} EXACTLY! LET THE DRAGON AND PA SHOW THE WAY!!! The Dragon and PA on HTF shows us the way... for DIRECTION!!! The Dragon and PA on LTF shows us the way... for ENTRIES!!! How much more simpler can it be??? Backtest it easily for yourself and stand in awe at how much would have been made simply following this trade philosophy on any of the Major pairs or any pair for that matter!!! And you know what the EDGE is? Trends on the hIghER TIMEFRAMES dont change easily!!!No mathematical calculations, permutations, combinations or volume indications...

Ignored

Quoting marvas

Disliked

NZD/USD: Looking bearish Daily TF: We can see that a H&S formation has formed I had a previous trade on shorting this pair but I exited with a profit! banked pips baby!! I wanted to see if price broke and retraced back to the neckline and respected that resistance level before re-entering the trade (which it has) based on the H&S potential downwards dropH4 TF: We can see in closer detail that price broke the neckline with increased volume At this point price had respected the neckline numerous times and then retraced upwards (MMs getting higher...

Ignored

Quoting marvas

Disliked

{quote} TAH, whats your analysis on this pair? From what i've gathered NZD had some fantastic news today with is best trade balance for yonks years and it still hasn't made it stronger. Seems to me that bears are clearly in control.

Ignored

Quoting traderathome

Disliked

{quote} NU Short Trade Update: Added #3, a Scout. I feel like I have outsmarted myself and have gotten on the wrong side of price action. If this goes much higher, the distance back down won't be enough to have made this all worthwhile. That is the least of the risk. The worse is that if the bulls are truly behind this and it keeps going further up, by the time I relent, the price tag will be unpleasant. This is a FR 50% retrace. If it goes a bit further I will add once more, then wait and see. {image}

Ignored

Quoting sonicdeejay

Disliked

{quote} it will go 137 or 137.8x... will love to see 137.8x.. let t mkt decides.. Sonic {image}

Ignored

Quoting traderathome

Disliked

{quote} Just trade and post your trades real-time, with these sorts of comments as your "reasons" for taking the trade. That is the ultimate way to communicate to others what you believe. Other than that,......just talk. Try it. Let's see how it works out for you. No offense intended, just cutting to the chase. -tah

Ignored

Quoting LITEchild

Disliked

{quote} EUR, GBP AND CHF are the strongest currencies across ALL pairs at the moment. Sell them at your own peril!

Ignored

Quoting SaiLyfee

Disliked

{quote} I thought GU was looking bearish because of the forming triple top on D1 TF.. Correct me if I'm wrong though {image}

Ignored

Quoting LITEchild

Disliked

{quote} Simply follow the dragon. Let it show the way

Ignored

Quoting loeil

Disliked

{quote} I follow at the moment exactly PVSRA yes! PVSRA shows bears signs, as I already posted few days ago and as TAH posted multiple EJ analysis today. Totally agree with him at the moment and totally agree with users who followed PVSRA and who are seeing bear signs. Signs on the chart not changing anymore, bear signs won't turn into bull signs anymore. No need to argue, if you are seeing bull signs it doesn't change my opinion of bears. End of story Btw sonic system works best on M15, PVSRA works best for me on M15 and H1.

Ignored

Quoting marvas

Disliked

GBP/JPY: Looking Bearish Price has already started its downwards descent confirmed with a classic short at the top we can also see that at the highs (yellow highlighted area) that there is a significant increase in volume once price breaks the 164.00 (whole) number. To me this is the MMs building positions at these prices and then knocking the price down further {image}

Ignored

Quoting SaiLyfee

Disliked

{quote} Alright thanks I will do, still trying to get used to determining a longer term trend bias however. May I ask how you use that 250 level on your volume to aid your trades? I'm guessing if its above you then consider it high volume to help in determining where price may go next? EDIT: Entered short NZD/USD {image}

Ignored

Quoting traderathome

Disliked

{quote} GBP/JPY: Looking Bearish: Yes, and this is the reason, which I posted earlier today. With this potential profit for shorts, no wonder the MMs are taking their sweet time sucking in every long possible in order to have liquidity to build larger short positions! {image}

Ignored

Quoting LITEchild

Disliked

EJ....Told cha! {image}

Ignored

Quoting sonicdeejay

Disliked

{quote} 12 hrs later.. 137.8x hit.. tp1 hit and SL @ BE Told cha.. Sonic {image}

Ignored