EU Zone — Euro Zone under great pressure. Situation on Friday deteriorated. Spanish Banks only have enough capital for 40 days. Germany says it will unlikely extend any further assistance to Greece or Spain. Bond market spreads are above 7% ...

Sonic R. System

AUD CAD — Entered on Pre London Session. There may or may not be follow through. Have moved stop to break even.

Sonic R. System

Closed NU for 5pips + — NU not moving took profit early as no movement. Will hold GU a while longer maybe into NY.

Sonic R. System

UCad — I have been looking to buy it just broke DPV. still pending price action.

Sonic R. System

EU Dip and Rip — It looks like EU is preparing for dip and rip again. Looking to buy EU on large dip.

Sonic R. System

NZD.USD — Entered short same setup as GU. Will add graphic later

Sonic R. System

Stop Loss — I do not use a hard stop unless in profit. I only make a decision to take a loss on a closed 4hr candle. The most violent time of a trade comes at the end of the 4hr candle. Often the 4hr will pull back in the last 5min and ...

Sonic R. System

GU — The 4hr 50ema is a very strong resistance area. The 78 pips is approximate distance from my pending order. The RDL is also right below so I feel there will likely be a bounce there. If price action allows I will stay longer but I would be ...

Sonic R. System

GU Pending Setup — GU short on break of DPV TP is 78pips Stop Loss only activated on a closed 4hr candle above previous high.

Sonic R. System

EU article from Zerohedge Euro Dip and Rip — url

Sonic R. System

EU — Bought EU based on 4 hour wave pattern and information Tah and Sonic have shared on the SM buying up EUR. EP 122.50 TP open Stop loss below 121.60

Sonic R. System

EU — Looking to buy at key level around 1.2225 if volume picks up.

Sonic R. System

Swedan is already there — Swedan is already cashless. They have no tangible fiat currency. They are moving to 100% digital.

Sonic R. System

EU — I believe that unemployment will print better than expected. Squashing the possibility of a near term printing of Money. I believe EU will rally to around 1.24ish area before reality sets in.

Sonic R. System

EU — I agree with what you are saying. I am looking to enter long at 1.22477 and second entry 1.22215. I expect them to whip saw before the move up. The volume has not spiked to what I would expect for a large move up. .

Sonic R. System

EU — I agree that the EU will likely move long but there is considerable risk in the position. The IMF announced that the EU was a questionable currency. They admitted that the EU was under considerable risk. The Spanish banks are on the verge ...

Sonic R. System

Weekly Time Frame — Sonic weekly time frame is a very large time frame to trade. There are many fundamental events occurring at a rapid pace. such as Germany is voting weather to bailout the Spanish banks as I post. Spanish Bonds back above ...

Sonic R. System

AU — I agree anything can happen long term. AU and NU are very risk sensitive and I do not believe the world crisis will be solved that easily. I believe there will continue to be considerable downside risk.

Sonic R. System

AU Thought — I believe the AU will move higher short term but will look for a break down some time next month or sooner.

Sonic R. System

Divergence — I agree with RT as I use divergence on the 4hr and daily TF. I find it to be a predictive rather than a lagging as it is attempting to predict change in direction. I never trade against divergence as it is right more than it is ...

Sonic R. System