I've also recently shorted NU. Just added a second position.

Sonic R. System

MapleLeaf is one of those people you just have to add to your ignore list. His sole goal is to "warn" poor Forexers about why they need to trade more than Forex. There is plenty of truth-bending in many of his posts, and a lot of his "logic" is ...

james16 Chart Thread

I don't understand the point of this post. The only thing this relationship tells us is trade the pair with the better signal and don't trade the other one. Otherwise you're just doubling down.

Sonic R. System

This. No two traders are exactly the same. There's no need to get upset if someone is trading differently, especially if he's been keeping up with the thread and understands the basics.

Sonic R. System

For the most part you are correct, color isn't important. The placement of volume in relation to S/R levels and previous bars is more key. If you open up MetaEditor and select the Sonic Bars indi you can read exactly what each color stands for and ...

Sonic R. System

I agree. There definitely seems to be a lot of short building going on. Would not be surprised if price was driven up just a bit more before we see some downward momentum. Anyway, I've got my eyes on this pair too

Sonic R. System

This maybe takes the cake as one of the stupidest posts I have ever read. First, you obviously haven't read the first half of this thread. Second, NO successful trader owes any obligation to a losing trader. You should be grateful for the ...

Sonic R. System

I had this problem too. It's easy to solve: 1. Remove both the dragon and Sonic candles indicators. 2. Add the dragon indicator. 3. Add the Sonic candles indicator. My guess is it has something to do with the MT4 600 build. Anyway, try that and see ...

Sonic R. System

I know we don't trade the news. However, this article was published by an MM and illustrates an interesting point. Notice how price went the opposite way of what they were telling the public url

Sonic R. System

Closed all my open trades, all for profit....I probably could let them have run a little bit longer, but I was very content with the profits from this week. I may enter a position or two today if I spot a good entry. The AU trade didn't get great ...

Sonic R. System

Your analysis assumes that a) price isn't going to retrace from its current highs and b) we are all taking trades based on the daily and weekly TFs and c) it's a valid analysis. We will see what happens. Price may go up. It may also go down.

Sonic R. System

Added AU Short #2. I may pick up a 3rd short if prices crosses above the RDH.

Sonic R. System

Hey Sonicers, I apologize for the lack of updates on my own trading. I decided to take this week to make sure I have nailed down all the principles, so I can better share my Sonic trades with the community. Trading has been going well to say the ...

Sonic R. System

Maybe that's because a lot of the "experienced" names aren't so experienced as the masses credit them?

EURUSD

Conceivable yes, but remember: in order for price to continue upwards, more people have to be shorting. If everyone and his dog is shorting, price needs to drift down a least a little bit so some of those dudes and their dogs start longing. Once ...

EURUSD

Added another UC long given the new low. Will add another if we get a shot at the current lows again.

Sonic R. System

That's what I've "been taught." JPY acts as the base pair of GJ, so we always look to UJ for clues. In EurCad for example, CAD would be the base pair, and we would look for UC for clues. Someone correct me if I'm wrong.

Sonic R. System

Ah, so I see I'm not the only one who's a fan of the diamond, half-circle, circle, multi-ray crossover system

Sonic R. System

Opened a couple UC longs given what appears to be some nice volume at new lows. Think we are all pretty much in the same boat

Sonic R. System

Pretty much sums up FF in a nutshell. The profitable ones generally aren't obnoxious posters/whiney

Everyone gambles if there is risk