I can only answer for myself, and others may have a different opinion, but if that is "one of the most important rules in SonicR strategy," then I admit I do very well by ignoring it completely! In my opinion, for M15 SonicR, any trend greater than ...

Sonic R. System

I was going to post that I was moving my stop to +10, and indeed I have been stopped at +10. I'm logging off from the trading platform, and entering spectator mode for the rest of the day. Last weekend I read Adventures of a Currency Trader ...

Sonic R. System

When price doesn't do what one anticipates it to do, it sometimes makes sense to pull the plug on a trade. I am effectively doing just that here by moving my stop to BE with the trade only +5. If i get bumped at +/- 0, that will be fine.

Sonic R. System

You have identified swings on the UCAD that are larger than necessary for M15 SonicR. As I explained, it has to do with whether or not the SonicR is continuing a move, or reversing a move. If continuing a move, then I will trade off smaller swings ...

Sonic R. System

With respect to the GU set ups, I'd agree with Rastaman about the short set up. Whenever you see a lot of up and down bars not only alternating, but overlapping as well, it is usually a good sign to look elsewhere until you see some more impulsive ...

Sonic R. System

Good Morning, Sonikers! And welcome back, snusnufreak! UCHF Sonic Short EP: 1.0565 SL: 1.0590 (-25) TP1: 1.0510 (+55) TP2: 1.0475 (+90) TP1 area should be strong support - TP2 would be a big bonus.

Sonic R. System

Just trade the waves ... never mind the news.

Sonic R. System

There is no index, and there are no Cliff Notes. 1) Read the SonicR Manual available in Post 1 2) Read through this thread, not just the first 10 pages. I have been working on SonicR since February, and I have read and re-read and continue to ...

Sonic R. System

Here are two more set ups of what I call an advanced SonicR, in that wave analysis is pointing toward potentially lower prices, but price is above the Sonic Dragon, and thus classic SonicR would not be looking to short at these levels. First chart ...

Sonic R. System

Hi Leo, Perhaps you could clarify these set ups for us in the following manner: The convention here at SonicR is to use a blue or white line to denote the entry point (EP) and a red line to denote the stop loss (SL). This enables us to see at a ...

Sonic R. System

Did you miss the first 5637 posts in this thread?

Sonic R. System

Here is an update of the "advanced SonicR" on GU I posted earlier. I use four TP's: 161.8, 200, 262.8, 423 extensions of the first swing up from the Low. I anchor the three points of the extension at the Low, the High, and the Higher Low, and ...

Sonic R. System

Hi pipoca, First, welcome to Sonic's thread. I hope you stay and learn and do well. Second, remember that SonicR is based upon wave analysis, price action, support and resistance. The indicators are secondary. Right now, you are correct to wait for ...

Sonic R. System

EJ hit tp2 And if I may say, there is an awful lot of chit chat going on here - Remember Sonic's rule: No picture, no post. If your post doesn't need a picture, then it probably doesn't need to be posted. It is a waste of time chasing us back here ...

Sonic R. System

Here is one way to trade L-H-HL that are below the dragon (GU) and also an EJ long that just hit TP1

Sonic R. System

Hi pipoca, Your EP seems very low to me. Might you explain how you determined your EP and SL? To me, using M15, early entry would have been high 133.5x - low 133.6x, and more conservative entry would have been high 133.4x- low 133.5x Your EP seems ...

Sonic R. System

Nice call, pipoca! I did an early entry using M5 EP 133.67 SL 133.85 (-22) TP1 133.27 (+40) TP2 132.67 Current SL is 133.27 so worst case is a +40 trade If TP2 is hit, then it is a best case +70 trade My long EJ was stopped in at 133.81, with 133.51 ...

Sonic R. System

Has everyone done his or her S/R work on h1 TF? Here is mine on EU & EJ.

Sonic R. System

Hi pipoca, I see what you are going for here, and I think you are close. I have a long entry a bit lower than yours. Your entry is actually very dangerous as it is a) close to resistance and b) far above the Sonic Dragon. I already posted my chart ...

Sonic R. System

I see the same thing p2p. I have a different broker than you, so my EP is 133.81 (and no trigger yet). EP 133.81 SL 133.51 TP1 134.11 (+30) TP2 134.41 (+60) I see 134.01 as real resistance, and if this trade triggers, and price reaches 134 and ...

Sonic R. System