Well played!!... i think the trend is still up, but expecting some correction...The USD is currently weak, so the UJ isnt very bullish...its stalling actually, i think we may see the 100 level ...waiting for a correction...As soon as i see ...

Still Basketting

hey kos, i dunno if i ever thanked you, but this is a solid system... just saw the vouch....thanks man

Still Basketting

so it took a weekend and a couple of days...hope everyone is enjoying a 'long" basket...speaking strictly yen-wise...

Still Basketting

imho, i believe the best and only time to short the yen pairs is when the USDJPY is bearish...and buy them when the USDJPY is bullish...

Sonic R. System

i was a bit surprised by the general jpy weakness, was not expecting anything till the BOJ Monetary policy statement. The UJ is definitely over-sold considering its economic relevance, a reversal should see us at 100 and possibly above, and with the ...

Still Basketting

well said, but that still does not address the DD problem. At what point would you jump ship? Currencies trend, thats just the simple truth of it. Why not 2 scouts at a PVSRA signal, then building positions after "classic" signals, then add ...

Sonic R. System

consistency. keep doing whatever gives the best results, when you get that long run, max it out. Bear in mind that the BOJ stance has not changed, so the best bet in the long run is to go with longs...however, no one says you cant make money both ...

Still Basketting

trade update: trade closed @ +119pips

Sonic R. System

very informative!!

Sonic R. System

the pair is also below the dragon on the H1 chart..we may not see any strong moves yet until the AUD starts gaining across the board...A good bearish sign..

Sonic R. System

YES BOSS!!

Sonic R. System

the usd index is under a lot of pressure..on the H1 currently at a support, we could see a bounce here, which would drop the EU and GU...the H4 outlook still points to a futher weakening of the USD...but all these is my technical interpretation..

Sonic R. System

Nice post TAH! when the sonic r system started, the idea was to enter a trade somewhere with the best possible outcome, this meant waiting for a trend to develop and catching (wave 3) sonic classic setups, basically entering a trade in the middle of ...

Sonic R. System

Hi Tymedu, do you use any script for your trade management?

Sonic R. System

hi msis, great work, what script do you use to synch your TP? your trade closures look very arranged

Sonic R. System

hi tah, great results. how much DD are you willing to accept before taking an exit, cos i noticed that some of the GJ trades went against you by about 300pips? i know your entries are small, but is your TP your only exit strategy?

Sonic R. System

wait for it.. sometimes when it rains, it pours..

Sonic R. System

if i could, i'd give you a vouch... i read a book recently, an interview with some great traders. Most of them add positions when their initial positions are in profit, not the other way around.

Sonic R. System

Sound advice. Although i wonder, if qfish felt so comfortable to trade a classic signal at that lot size, why the counter-trend trades on USDCAD? why not just trade classically that 30pips drawdown could easily have been in profit, and with a ...

Sonic R. System

current analysis: basket setup already in sell mode (tilting towards yen strength) the yen is strong,hence the drop on the yen pairs. the usd is weak, hence GU and EU still bullish. once the usd starts showing some strength, it would be a good time ...

Still Basketting