Sonic prefers to trade after the London open. I have traded SonicR for three years and in my experience, the time of day means very little so long as you are trading the best waves. Of course, high volume is always preferable to low volume, as ...

Sonic R. System

Trading M1 and 10 Second and even M5 (except under the most volatile market conditions) are outside of the purview of this thread, may I suggest you start another thread and as OP you can take it wherever you want. It is not a bias if it is in ...

Sonic R. System

Flag breakout and pullback. Top chart shows H1, bottom chart shows M15 where I would await further PA to set up a SonicR, though it is possible that the blue trendline becomes a long entry.

Sonic R. System

Here is what a real bull flag looks like ... and while it does not mean that higher prices are certain, it gives me a bull bias. I see a lot of Sonikers post what they call bull flags and bear flags, and rarely do any of them represent what ...

Sonic R. System

I do not see your chart.

Sonic R. System

Looks good to me, especially as this trade was aligned with the daily TF PA. If you are still short, and this is a demo trade or a small trade where you do not need the profit, then you should place your TP at 1.0100 and see if you can catch a ...

Sonic R. System

M5 should never be used for CT trades, IMHO. You were entering just as price was rallying for a first touch of the dragon on M15. The dragon often acts as "dynamic" Support and Resistance, i.e. it offers resistance during down trends and support ...

Sonic R. System

No one knows anything, TAH, so we must simply trade the waves. And they amy take us up or down from here. I am hoping that any rally is short lived as I am short the AU futures based on a daily set up. But my stop loss is in place, so I'll let the ...

Sonic R. System

My Sonic AU short hit at the open tonight for +100 pips. My TP was set at 1.0610. Chart was posted showing the trade levels and now that the trade is closed, I placed trendlines to show the original EP, SL, and TP. It might look like my TP should ...

Sonic R. System

This is a great idea, TAH! Thank you for sharing it with us!

Sonic R. System

Awesome share, Domas! Thank you!

Sonic R. System

How do we do this, TAH?

Sonic R. System

I hope it goes well as I am short the AU also. I also entered the futures short on the break of yesterday's low with a SL at yesterday's high. I'm playing for a significant retracement of the rally off the July low, and possibly a retest of or break ...

Sonic R. System

I like that too - how about you share the love of the band, TAH? By the way, I'm still short the AU at 107.10, with a 1.0733 SL and a 1.0610 TP. I would like for this not to look so choppy, but as we still gave very clear LL's and LH's, even on the ...

Sonic R. System

Resistance for the AU in this case is best seen by looking at the daily chart. I can't post a pic right now, but see if you can find 1.075X-1.078x as an important R area.

Sonic R. System

I put my stop above the first lower high in this case, rather than the highest high. You're ok, though, and that is why I said "for my taste." The arrows are pointing to the high, and two subsequent lower highs. I prefer to keep my stop loss above ...

Sonic R. System

BO = break out, ABC = Hans's way of identifying important swings to enter on pullbacks/retracements. It is not SonicR classic, and it is not my way precisely, so I suggest that you go to Hans posts over the last few weeks/months and give them a ...

Sonic R. System

Also, if the AU stages a rally from say the 1.069x level, it would, if I am not mistaken, set up a Hans-style fib ABC as price will have returned to the prior BO level. Of course, I am not Hans, so I do not mean to speak for him. However, I always ...

Sonic R. System

I'd agree with all that - though your SL is bit high for my taste.

Sonic R. System

Sonic would never have traded like you do. Your style is fine for demo traders and dime lot micro traders, but there is no one anywhere on the face of this earth who trades TAH style with real dough on the line and survives, forget about making ...

Sonic R. System