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JRissa replied Mar 6, 2013If I'm right here, Sonic R System relies also on support/resistance levels? The short PA wave has already formed on 15m chart, but there is support(trend) line to be seen on 1h chart (attached screenshot). If the price breakes through 1.3015 I think ...
Sonic R. System
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JRissa replied Mar 6, 2013I might be wrong, but I think Mr. tah would now say;"Added scout long EU".
Sonic R. System
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JRissa replied Mar 6, 2013Closed at 1.3026. Maby too early, but it seemed there was support area.
Sonic R. System
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JRissa replied Mar 6, 2013Well, for me it seemed that this was valid entry. PA wave starting from above the dragon and seemingly bouncing from resistance level, piercing both dragon and trend as seen on this attached chart.
Sonic R. System
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JRissa replied Mar 6, 2013Here is why I choosed this bearish PA wave. For me it seems that price is going to bounce from dragon at 4hour chart.
Sonic R. System
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JRissa replied Mar 6, 2013Hello all! I am one of those who have been silently watching this thread, reading it trough and learning to trade the Sonic way. It has been very exciting trip to learn to read the markets. All thanks goes to wonderful people here at Sonic thread, ...
Sonic R. System