OK, so the spike and colour change need to happen simultaneously on close? I ask because you ANDed these criteria in post 53.

Extreme TMA System

..but you prefer to use the opposite signal as a stop with a 100 pip disaster stop...perhaps that's why this strat is successful, for you? Everyone new to this should certainly be demoing.

Extreme TMA System

Apologies, missed #44. ...fwiw, i'm long EU demo off, what i thought was a signal.

Extreme TMA System

no problem, i have one now too...going to be amusing trying to follow the signals with this one.

Extreme TMA System

...what thin white line? An extreme bull spike printed 9 candles ago and now there are now 3 blue MA cross histo bars, is this a signal? edit: i've noticed the latest 'blue' histo bars are darker than the repainted MA hist bars, what does this ...

Extreme TMA System

...no buy signals yet on EU, or are you anticipating a signal around 3220? edit: ah i see, the MA cross is beginning to 'flick' on now..

Extreme TMA System

...it's not a good setup to my mind, the main reason being that's it is right into the support/demand zone established from the 14th Feb. Just not high enough probability for me...but it might pay off for you if you decide to go for it. Good luck!

Sonic R. System

AU fail — AU long failed with an hrly close below the conservative SL level.

Thrust60

I don't see an EU wave yet (it's still forming wave 1 on the 15min), EJ might be a better prospect...

Sonic R. System

Looks a good wave to trade, but the psych level appears to be the key (1.0750). I'd want to see a break and close below it, ideally on the 15min.

Sonic R. System

The EU trade from the 16th hit T2 (1.3252) this morning.

Thrust60

Nicely done! As far as i can tell, it looked a picture perfect setup. I didn't take it for two reasons 1/. trading into the 4hr supply/resistance zone 2/. US holiday.

Sonic R. System

TAH, is referring to GBP/USD.

Sonic R. System

In Sonic's V3 zip folder, his pdf has a waves section with some useful examples. You're right, it takes a while to train your brain but in time the patterns begin to stand out.

Sonic R. System

...agreed, this resonated with me this week from re-reading Sonic's pdf (post 5001).. "..In words, Sonic R is basically trading in Hammer and Bullish engulfing bars D1 TF/H4 TF by looking for an entry M15 TF. That make Sonic R set up the highly ...

Sonic R. System

EU and AU from yesterday — EU has hit T1 and still running. AU also signalled right after London close on Thursday and failed during today's London/US overlap, with an hrly close below the more conservative SL level.

Thrust60

OK for now, just be mindful that PA is printing LLs on the 15 and there looks to be a H&S forming...just my pov; hope it's wrong for your trade.

Sonic R. System

AU short closed @ 1.0693 for +50 (Entry: 1.0743).

Sonic R. System

Good call. I might be tempted, if it breaks support around the RN.

Sonic R. System

Stop to b/e (1.0743), it can do what it likes now. It's the weekend! Thanks again, SDJ, TAH and others. First week learning Sonic and kicking myself for not using it sooner. Great strategy, great thread.

Sonic R. System