GBP/U: TP2 hit. Trade closed. I used Fib expansion to determine clearer support levels and used them as my TP.

Sonic R. System

My today's GBP/U trade. Sorry for posting after TP1 was reached.

Sonic R. System

U/J: Just got in. Market will decide.

Sonic R. System

Check it out. It's the M15 Dragon on M5 timeframe. TAH, what do you think?

Sonic R. System

Your SL should be dependent on your TP. If your TP is set far away, you might wanna give the Price a little room to breathe. If your TP not far, then you wanna risk less and set tight SL. Never go less than 1:1 (Risk:Reward)

Sonic R. System

Bank Holidays.... extremely boring....

Sonic R. System

Yeap, or like this one. We, retail traders can see it, but we do not have access to such big funds to move the market.

Sonic R. System

I would not mix volatility with true volume. For example, the reason why NFP days have such big moves is due to the lack of liquidity right before the news. It makes it easier to move the price with the same amount of currency. P.S. To those 30 ...

Sonic R. System

As far as I know, those banks and big corporations use the same primitive tools as we do - waves and S&R. I think we are just taking the advantage of them But yeah, sometimes they like to hunt for SL's. So called "re-test" of the level

Sonic R. System

As long as TA works - we are okay! Speaking of my GBP/U trade.... come on market PUSH! PUSH! One more time honey! I can already see the head of TP! PUSH!

Sonic R. System

USD/JPY lookin' good too. Price did not manage to stay above the res.

Sonic R. System

Totally I see E/J is already pickin' up the momentum.

Sonic R. System

Yea, it's Friday - last chance to make money this week

Sonic R. System

GBP/U: Made a pretty early entry on CABLE, though the real SonicR setup has completed just now.

Sonic R. System

EUR/JPY: Broke through res (resistance), and now is heading to make higher high on Daily, or at least test the res.

Sonic R. System

TAH, I am really looking forward to EUR/JPY too. According to Daily waves, we see constant Lower Highs and Lower Lows + the price is at the resistance. Pop up... or pop down... we'll see.

Sonic R. System

You must find it in the C:/Program Files/(MetaTrader of your broker)/experts/indicators

Sonic R. System

Here is what guys in LT SonicR forum caught url

Sonic R. System

Counter-trend trades always have higher risk, that's why I had my TP at the nearest resistance. I don't go with two TPs unless I am sure about the bounce. Being direction-biased is ok, but it makes you miss some good trades with a good system. I am ...

Sonic R. System

How false breakouts relate to SonicR?

Sonic R. System