Here is a good SonicR short on the EU. I just opened up the charts and it jumps out as a perfect, classic SonicR. I would have taken this had I been logged on. Closing in on first TP (1.4530) at the H1 channel lower trendline, midpivot, and, if you ...

Sonic R. System

Quiet weekend here in SonicR Thread. I don't mean to pick on Leo, but if you are still with us here, Leo, I'd still look forward to you posting some charts that show us the "back testing" you had done. I think it would be helpful for all of us if we ...

Sonic R. System

Another excellent post, Basber. Beautiful pictures. I have copied it and printed it out. It is now a permanent part of my SonicR notebook. I like your idea to post big picture analysis on the weekends. I will try to share some thoughts ...

Sonic R. System

Excellent advice ... sometimes we latch on to the left side of the chart (history, as Sonic would say) and we forget that we need to act at the right side of the chart (mystery). Mystery will remain mysterious and thus it will remain dangerous to ...

Sonic R. System

Hi Ed, I made a post on the previous page where I said a SonicR long was potentially setting up. I am not trading today (this will be my last post until later this afternoon) but if I were trading, I would have taken a long there if PA had given a ...

Sonic R. System

I didn't see zz's and TAH's posts before I responded to nerd's EU short post. I think he three f us all are saying the same thing: The entry point, according to SonicR was never triggered.

Sonic R. System

I see a High. I see a low, but that ow does not close below the dragon. I see a lower high. I see a lower low that closes below the dragon. Your entry point would be below the lower low. SonicR short never triggered. Price rallied through the trade ...

Sonic R. System

Thank you, Sonic, not only for the compliment but also for sharing your system with us. I have found that by helping others, I have been helping myself. I have definately improved as a result of participating here in your thread. Thank you, -DD

Sonic R. System

Great post, TAH, I would agree with your opinion concerning the news and its real relation to the markets.

Sonic R. System

Hi TAH, I do not have as much confidence in my longer term outlook as I do my SonicR M15 reads. I do look forward to your analysis, and I often find it very helpful. My only comment tonight wold be this: The S&P closed right at resistance. If the US ...

Sonic R. System

And what happened, of course, is that the second lot was stopped out at breakeven. Trade Totals for this week (8/08-8/10): 4 SonicR Trades (each posted here in this thread, 3/4 post before trigger, one posted soon after trigger): Trade 1: +60 pips ...

Sonic R. System

Hi Ed, Thank you for the compliment. I agree with your observation concerning the 50% retracement level as it is indeed often an important S/R level. My statement about the dragon was meant to direct SF's attention to the fact that the SonicR is ...

Sonic R. System

I have to run out ... stop loss is BE, TP2 is 1.4641, What happens, happens. I showed this trade from pre-Sonic waves through TP1. That means it is possible to identify a potential SonicR well before the waves have fully developed. This might have ...

Sonic R. System

the next line must be "rally to first TP ..." First TP +30 and Stop loss now to BE.

Sonic R. System

"Que Sera, Sera ...Whatever Will Be, Will Be..."

Sonic R. System

The dragon, it is all about the dragon.

Sonic R. System

Drawing pictures of what may come to pass, or not

Sonic R. System

The candle high was above the dragon, but the candle closed below the upper band of the dragon. Close, close, close!

Sonic R. System

Hi p2pfast, This looks good except for one thing: You did not have a candle close above the dragon prior to entry. Ideally, for a SonicR long, you want price to make a Low, then rally into a high that closes above the dragon, then retrace back to ...

Sonic R. System

Sorry for the late post (I hesitate to post this chart as the trade has already triggered and hit TP1). Long EU EP 1.4565 SL 1.4540 (-25) TP1 1.4600 (+35) TP2 1.4700 (+135) - In the screen shot, I show a TP2 at 1.4640. I have changed that to 1.47 ...

Sonic R. System