Demo entry CADJPY...any thoughts greatly appreciated.

Sonic R. System

What are you trying to say NWT??? Donkey work's the best kinda work....

james16 Chart Thread

Not a lot of movement on a lot of pairs, but this one is interesting to me (although previous week wasn't pb on my feed). The bar 2 weeks ago was very close to a DBLHC (missed by about 12 pips on weekly - pretty close) that closed above the high of ...

james16 Chart Thread

As long as you're watching the 50 for the pullback, I guess it doesn't really doesn't matter.

james16 Chart Thread

when did you meet pinbar? i didn't know he looked like danny devito? My feed on weeky isn't a really a pinbar, but yours look to be. I don't think that 1.3400 is "unreasonable" but there's a lot of traffic in the way as you noted. I marked what I ...

james16 Chart Thread

Cable broke through an important resistance area today that I would expect to become support, and I'm short-term bullish biased. I'll be looking for long SonicR entries at 1.6500 or above. If I look for a CT entry it will need to be after 1.6475 ...

Sonic R. System

Story of my life...always late to the party!!

Sonic R. System

Appreciate any comments on this demo setup... Chart 1 shows 4H, with major s/r areas marked with magenta lines. Bias is up on 4H for me. Chart 2 shows entry zoomed in and third shows entry zoomed out to see the TP levels...TP2 coincides with my 4H ...

Sonic R. System

nando/hans....i've been studying your FE's for a few days now and think it is great stuff. Wondering if one or you could take a look at this chart and see if my FEs are set up and used correctly. I set the FE's up with conservative and aggressive ...

Sonic R. System

Here's a demo order I put today on CADCHF....thoughts are basically on the chart. It fits two approaches that I am demoing this year to decide if I want to include: Continuation off of BRNs, and Retrace entries. Pros: Strong close (high momentum ...

james16 Chart Thread

Good luck TAH - you just took my stop . At least it was demo!!!

Sonic R. System

Thanks pip and gloryrose for comments. Agree with both. Very good point I bolded ph...my rules for J16 are strict and would "NEVER" let me take long into a RN like the 1.0500 before it flips from resistance to support. I'll need to think about how ...

Sonic R. System

Any senior sonicers thoughts in this demo long on AU...particulary interested in my view of the waves. I read daily chart as in consolidation and both 4H and 1H in recent upward trend, so I consider this with trend. 1st chart entry on 15, second is ...

Sonic R. System

It's a 2 bar high, but would need to close below previous bar's low to be DBHLC. Edit which would be a strong bar below a BRN and a pretty sweet setup.

james16 Chart Thread

TAH. This is how I think regarding my stops...it's probably not for everyone. I see a potential set up forming on NU (sucks I have to demo on Asia session for now). First chart shows my entry, initial SL and several potential TP areas. I drew 2 ...

Sonic R. System

Just put in an order on the break of the EURAUD BEOB. This isn't a typical play as the BEOB isn't actually the swing high, but more of a confirmation of the PB from a couple of days ago. I didn't like the close on the PB so I passed at the time. I ...

james16 Chart Thread

Hi TAH. This post scares me quite a bit....I fear one bad call on your part and you will blow your account, and maybe many, without SL. What is different about putting SL in and a TP. A TP and SL are basically the same thing - an educated "guess" on ...

Sonic R. System

Hi there. I'm new to this thread but not totally new to forex. I see tons of promise in this system. Here is how I'm going about it. Basically reading everything I can from Sonic and others. It takes time but if you dig through, study charts, etc. ...

Sonic R. System

Interesting discussion between ddt and tah - hope you guys don't mind my 2 pips. I agree with you both. The trend won't go on forever. We do need confirmation from the chart that it has changed. If SNB, debt decision, or whatever macroeconomics are ...

Sonic R. System

I agree. I looked at the BEOB yesterday, put passed quickly. This is certainly a messy chart but I think it shows the current consolidation and a couple of different scenarios....IF price stays in current consolidation....it certainly is being ...

james16 Chart Thread