I'm waiting for rewersal "little" lower (my TP) Check out current monthly candle Ofcourse it can still change, but now things look nice... Older chart repost as I'm now on iPhone and can only copy/paste as "paint" got upgraded and I can't edit ...

Sonic R. System

Maby I chose words badly... English is not my native language What I mean is that small move in silver chart equals large equity change. Same as trading USDJPY is far less profit loss with same kind of move as with GBPJPY.

Sonic R. System

Classic wave is possibly forming right now. 2min to high impact news, could whip either direction.

Sonic R. System

It's you who needs to be appreciated and thanked for all you have teached and shared Professor I'm here thanks to you.

Sonic R. System

Be careful not to overtrade high leverage pair. Edit: Oh higher orders were sell? Carry on, don't remind this I looked fast that you had buy orders open higher already.

Sonic R. System

There's still no sign of rewersal to downside in my opinion... Move up just started. I'm aiming daily 50 61.8 retrace.

Sonic R. System

Good looking wave yes, but daily pivot is just above. Also high impact news for USD in hour and twenty minutes. So be careful! I would wait price to get above daily pivot and trade then. Get to BE just before news. My personal opinion for ...

Sonic R. System

Nothing to critisize, looking good I'm on this too... RWH looking nice target or even 1.8350

Sonic R. System

This wave you draw, again looks more clean on 1h chart, as it takes so long time to form. On 1h chart it actually looks like a perfect wave forming. image On your 15m chart I marked waves that are most clear to see. image Hope this helps ...

Sonic R. System

Daytrading Classic Sonic R wave should be bouncing from dragon and be smaller in scale. Longer time taken waves should work too, but your drawn wave would be higher timeframe wave = not classic. It might develop to be classic wave, if price bounces ...

Sonic R. System

Totally agree about perm banning Pipocrates from forexfactory. This invidual just can't respect or be kind to others. Insulting even after given straight forward samples and advices +learning material to help him and even straigh forward signal when ...

Cable Update (GBPUSD)

Beware of burning yourself! This move is strong right now and eventhough my last higher target is still upwards, it might not to be filled. I'm aiming a lot lower.

Sonic R. System

Good luck trading original 1-2-3. Just remember to take bigger picture in equation too/see waves within waves (See example the bigger 1-2-3 pattern on AU).

Trading 1-2-3 reversal and breakouts without PVRSA

This comes to second point I said; after defining levels where MM's are able to exploid other traders, we apply PVSRA analysis. Way I'm looking candle/volume action here is this: image Now this comes near to what I'm using for scalping: image ...

Sonic R. System

I simply use "AltGr"+"PrtScn" and paste it to microsoft paint. Then I crop the chart and draw what I like. Then save as .png and upload

Sonic R. System

Here is another sample about structure from AJ image What I mean, is that by basic thinking where most people put their sl's/pending orders. Those places are like magnets to MM's atracting them, because those are places where they get liquidity ...

Sonic R. System

I believe we can get pretty good picture where and when price possibly rewerses. EU short trade #1 was entered with Classic Sonic R setup +PVSRA. image I advised not to get in too heavily and wait what happens at next full number, if price still ...

Sonic R. System

Candlesize/volume/open/close = Work amount/result = current activity Market structure = sl'l/pending orders/liquidity = think like a zillion dollar trader that needs liquidity for his orders to get filled = know where price is needed to be pushed ...

Sonic R. System

"JRissa only posts wins." That's because I always win Now seriously... I have evolved and using hedging frequently, so I make profit even when building position. I have demonstraded before how I hedge during building and I stopped showing ...

Sonic R. System

First level reached. First short trade opened

Cable Update (GBPUSD)