possible long? — Hi gents, Does it look like a possible setup? Of course it's not a proper one (out of London hours). So master TAH'll say "definetely not"

Sonic R. System

It's a CT trade, should be very careful...

Sonic R. System

SL hit I'm out

Sonic R. System

may be a long? — Is there any possibility for long? To be honest I'm already in @1.3375 looking forward to 1.3425 where the Daily PV is. Looks like it hardly possible...

Sonic R. System

TP1 hit — TP1 hit +51 pips image

Sonic R. System

Yep. But that's because of the late entry. EP should be lower (~1.359) so the RRR will be 1.2:1

Sonic R. System

totally — Yep, Nando, it's late from my perspective as well. The question is TPs? I'm trying to be not greedy so TP1 is marked on the chart. But what about TP2? What do you recommend? Thanks!

Sonic R. System

EU long taken — Morning Sonicers, This's my today trade taken bit late image

Sonic R. System

but what is the S-level? — Is it 1.358x? Does it mean we should open long there?

Sonic R. System

Oh, I see. You mean it's an example of classic re-entry, except for the timing

Sonic R. System

is it a Sonic setup? — Hi TAH! It looks like it's not a Sonic setup, ah? But as I understand it's kinda a S&R setup.

Sonic R. System

DD, I'm noone to speak, but I'd like to say that TAH is one of the most active posters here. I can't say I take his setups as the best ones but he and senior sonicers made me think about important things behind simple low and highs. And I appreciate ...

Sonic R. System

maybe offtopic... — That leads us to another dilema. How are you guys, who live in the US, manage to trade during the London session? It's a late night in the US if I'm right.

Sonic R. System

TAH, just don't pay attention — TAH, please don't pay attention to such a posts. Personally I appreciate your opinion very much and I'm really impressed by the trades you have. I must say I learnt a lot from you. And that's the goal and the ...

Sonic R. System

TP2 hit — Net gain = 80 pips

Sonic R. System

EU long — TP1 hit, SL @ BE. +36 for now

Sonic R. System

EU short biased — As for EU it definetely going south just bounced off R-level @1.373x, IMHO The same story for EJ, as i see it, the R-level @105.5

Sonic R. System

the same — that's because of R-level reached, i guess. Am I right? Do you think the price'll go higher? My TP1's hit for the pair. TP2 is 105.72. As they say "Let's the market decide"

Sonic R. System

this time I was patient — Inspired by your the article you've posted I've been waiting for the clear picture and finally took long in this pair. Thanks for the article, DD!

Sonic R. System

As I can see we don't need a high volume. It's a nice have instead of must have, ah?

Sonic R. System