I'm starting to feel like this is a waste of my time.

Sonic R. System

Thank you for the kind words, TAH. I'm not familiar with "PPZ" or "Pivotal Price Zone," but if this is the same as "pivot point" calculated from previous day's HLC then that is not the same thing. Such floor pivots are, like all indicators, ...

Sonic R. System

A Study of Support and Resistance — Support and Resistance: A Primer from a Soniker's Perspective This is my attempt to put together a primer, a "first reader" if you will, in the basics of support and resistance. Support and resistance is ...

Sonic R. System

+1 Excellent post!

Sonic R. System

Did you take trades based on these charts? You have so much going on in your pictures I really am not sure what you are asking. In the case of the GU, while I see the arket trying to establish a support level, it failed to hold support. It did not ...

Sonic R. System

In this case that may be true, and I do use the 262 as a potential TP. But that fib was based on a different swing than the one from which you draw the 262. I use a -12.5 and a -27 or a 127 and a 112.5, it is fib/Gann thing I picked up along the way ...

Sonic R. System

My rep is intact and I care little about any "image." I posted what I did out of concern you, not me, TAH.

Sonic R. System

Thank Goodness.

Sonic R. System

I could tell you but without going into a lengthy expalantion of how I decide which swing to key those fibs off, it would only confuse, confound, and frustrate. Let'sfocus on M15 SonicR with S/R and see where that takes us, ok?

Sonic R. System

Without charts, how is anyone to respond?

Sonic R. System

DT = Double top, potential or confirmed DB = Double Bottom, potential or confirmed. Basically referring in this case to an prior significant high where one might expect sellers to overcome buyers once again, thus producing a potential double top.

Sonic R. System

Not right to claim all kinds of pips in the pocket if you you didn't claim the trade when the risk was still on and still high (before or soon after entry), right? On the bright side, your winning percentage is much higher when you post your ...

Sonic R. System

Hi TAH, I can't find the set up post for this trade.

Sonic R. System

Look for highs & lows, and places where price stopped, paused, and either reversed or continiued. Try it on the the EJ. Start with Daily, then H4, then H1 ... and see what you come up with.

Sonic R. System

and the EU was a thing of beauty ... makes the GU look lke an ugly duckling

Sonic R. System

GU and AN gace very clear and very nice SonicR shorts ... no one took those, but we had plenty of Sonikers playing in the GU chop and slop yesterday. Why does everyone dive into the knives instead of swimming in the waves?

Sonic R. System

First, this is a short term system - look at SOnic's first chasrts in the thread and you will see him going long and winning and then going short the same pair a few hours later and winning. All S/R is are areas of price action where price will need ...

Sonic R. System

You can do that ... there is a fib reason to place it where I did, but that would just confuse things here. So yes, you should plan a TP just below the DT.

Sonic R. System

Why not you try one on another pair and post your result?

Sonic R. System

And you can't win 'em all. A loser for -54 pips. I can't take a screen shot, but it sure looked like a pretty wave to set up a short AU in the wee hours of the morning.

Sonic R. System