I looked at this one but was concerned about the 4H potential resistance area. Looks like you had a nice hard break. I'll be interested to watch this one play out.

Sonic R. System

Here's one I'm looking at to demo. I know it's late. 4H shows strong down trend - I've marked 3 key levers of s/r as I see them. 15M has formed H -L - LH with the LH at the Daily pivot. The L broke the dragon. If a candle closes below the lower S/R ...

Sonic R. System

I took this trade as well. Took a full Risk loss. I made one huge mistake and did not check the 4H time frame (as hansma noted). This trade was buying into huge resistance. Borrowing a chart from mbqb11 the J16 thread (hope that is okay). This ...

Sonic R. System

Sonic demo 3, was CT to the daily and 4H trend. Entered, reduced risk at TP1 and set a TP2. 55 pips on a 40 pip stop loss for a 1.30R. As always, appreciate any and all feedback - good, bad, ugly.

Sonic R. System

PB is correct (as usual). Side note. There are several on the thread (me included) who pay close attention to the close. I have a rule on the outside bar that the close needs to be lower (shorts) and higher (longs) that at least the previous bar and ...

james16 Chart Thread

2nd sonic r demo, out at BE after going to a second TP area. Probably should have taken profit as I was grater than 1R in profit. Critiques appreciated.

Sonic R. System

Nice trades TAH. Do you set an arbitrary SL in pips (say 40 or 50) or something, or do you base in S/R? Trying to work out in my head some potential R:R with SonicR method. Based on what I've seen to date the R:Rs look very promising.

Sonic R. System

Nothing wrong with manually closing a position if your analysis has changed since entry IMO.

Sonic R. System

I agree with others...late day - could be profit taking by long positions. Close of PB looks weak to me. Size of bar relatively small compared to size of some of the bullish bars on the way up.

james16 Chart Thread

Go the guest area of the J16 group and watch J16 video titled pivot zones 3rd down. I've probably watched this one 50 times. url

james16 Chart Thread

I took my first sonicr demo last night as well on audusd as some of the others noted. I had 35 p s/l and gained 50p for a 1.35R. I'm currently using wave analysis, dragon, 89, and horizontal s/r in my analysis. I loaded the VSA indi, but need more ...

Sonic R. System

vb...I had that same thought not so long ago...how do you know? What really helped me was finding a way to demo that J16 teaches....where is price going (wipg). I think a lot of folks have used it. You basically pick a PA bar and predict where price ...

james16 Chart Thread

This is a perfect example of probably one of the most important J16 posts out there (at least to me). There was a ppz right beyond the PA bar, so I think the DBHLC did exactly what we thought it would do - went to the First Trouble Area...which was ...

james16 Chart Thread

Hey TJ great post!! I've been watching that MACD divergence on this pair for a while. Great divergence but nothing else to go with it. For me with the current strength of CHF it would take a huge BEOB with a strong close below 95.00 to get in short ...

james16 Chart Thread

I agree, definitely would be late to the party.....I passed that BEOB because I was afraid of 80. Would be a nice place to tuck a stop if any are still in the original move.

james16 Chart Thread

Nice trade...I'm very new the thread so I'm really working on spotting the waves, etc. I marked first chart up last night on one scenario on EJ. My "If/then" plan was... " if a HL forms here at the Dragon and the break out of the dragon is below the ...

Sonic R. System

This one tempted me for about 5 seconds, so I decided to play where is price going. BEOB, at a swing low (strike one -prefer at swing high). There is a round number and a minor flip zone, but that's it not a lot of story....good looking close ...

james16 Chart Thread

Yes this helps. Thanks. So in bullish scenario to buy closer to dragon, once a HH forms above dragon, we wait for the HL to form at or below dragon. Once the HL forms and as long as there is acceptable PA or other confluence the buy order goes in ...

Sonic R. System

I tried to think of a pair that has recently been trending on daily and came up with NZDUSD...I don't have the ROC indi up yet but thought I would try to identify some potential waves and entry points/stop losses. What do you think of these as ...

Sonic R. System

Here??

Sonic R. System