Sonic R. System

Hit sit +60p



please..... dont leave a claim , post an entry .

Triple bottom

Want it to go lower..
Sonic

Hear Hear

Hi everyone !

First post here .. hope to integrate quickly
Keeping my eye on the GU

Reasons:
1. Weekly candle Bullish
2. 4H Dragon up and pinbar forming
3. Most traders are allready short

Comments welcome !

GBPJPY scout entry.

http://www.mql5.com/ru/charts/112775...apital-markets
suppose that the possible movement will be like on the screenshot, after divergence, after divergence for this interim period

tp1 and tp2 hit. (RDH and RWH)

EU the situation is twofold - it would be good to finish With the correction, and then update the maximum before the news ...

GBPUSD Scout entry. Stopping Volume. D1 Dragon Bullish.

Told..Cha...





Sonic

Not a call for long but careful with ur short..


Sonic

wanna see how the red work . GU shor for vol

possibility . bamm ..

GJ:

Might beak lower, a SonicR Classic short setup. That is the appearance currently. However, it might be best to wait for price to break the lower half number S&R and maybe even to wait for a subsequent retest, because this recent notable activity could be the stocking up on longs.

EU: PVSRA Hit the Nail on the Head!

Yep, PVSRA said they were bears, in spite of the higher TF trend. And bears they were, in spite of the higher TF trend! PVSRA told cha!

Again, I respectfully beg to differ! There is still no conflict whatsoever in the HTF trend and the LTF PVSRA imho.
Not forgetting NFP on friday, MMs can happily continue to cause havoc down there until they are good and ready.

EU:

The H1 Dragon is crossing down thru the Trend. This is a bearish condition often times followed by the price moving back up towards/into/thru the Dragon as bears seek higher and higher prices to sell at (add more shorts) before more movement down occurs. As you can also see, the Dragon once before crossed down thru the Dragon and indeed, this was followed by a price move higher, presumably as the bears sought higher and higher prices to sell at; to load up on more shorts.

Is the DAY chart Dragon relevant to the Sonic R. System. Not in my opinion. Maybe Sonic would like to express his opinion, but until he does just keep in mind that he has never so stated! What is relevant on chart TFs H4 and higher are the actual candles, which Sonic has used and demonstrated the use of, time and again. But sonic has never promoted nor even demonstrated the use of the Dragon on such high TFs,......never!

The price move down today had good volume behind it, suggesting genuine selling and not just price manipulation to add shorts at lower prices. The price has landed, for now, where you'd expect based on price history. The next landings are at the lower whole number area and then at the half number area below that. And then, there is RWL, also a possible target if the bears have just begun a bear run for profits.

We cannot ever know how price will move next, nor when a trend will reverse. What we can know is what the MMs are currently doing, which a proper PVSRA tells us. PVSRA told us the MMs were bears before this move down today, which I posted about when I saw it. The week is not over and more releases are coming. Anything can happen.

Finally, permit me this observation. You will note on the H1 chart the similarity of repeated PA. I refer to the, twice now, strong moves down on good volume. What we could be seeing is a Distribution phase going on here. Maybe yes, maybe no. But if this is the case, there will definitely be more downside coming. This is not about predicting how price will move. That is a fools' endeavor. Until the "market" knows what it is going to do, how can we know? Trading is about learning to see all of the possibilities and keeping watch for current signs as to what of those possibilities seems to be getting the most support by the market, and then using our "edge" and good money management to participate.

EU:

The H1 chart sports a nice Classic SonicR short setup. As you can see, there are two valid PA waveforms. I am waiting for the price to be worked back upwards to what I consider an appropriate EP zone. It the MMs manage this bit of price manipulation, then I intend to add to my short trade. My TP is set, but tentative. If PA becomes more confirming of bears, I probably will lower the TP the the next half number S&R area below. So far, this looks likes PA is under Distribution as described by Wyckoff.

Is the trend changing?

Who knows? We cannot ever know how price will move next, nor when a trend will reverse. The PA suggests the bears might be stronger than the bulls. But note the most recent strong volume at the lows. This could mean buying, buying that will result in the price going back up. A Double Top coming before a trend change? We simply cannot know. What we can do is wait for the market to give the right stuff at the right time and trade it, backed up by good money management in case a wrench gets thrown into the works. M15 is where we trade and is where we should be looking "for the right stuff at the right time."