I don't see a higher low in your little box there that would indicate a wave up. This chart is actually setting up, however, if it crosses back above the dragon. It has made a low, high, and then if it came back up, it would make a higher low ...

Sonic R. System

Scout trades are speculative in nature. They do not necessarily have a specific stop loss. TAH keeps all of his trades active ands if price moves against him, he waits and makes another scout entry. By their nature, those types of trades must be ...

Sonic R. System

Sonic R signals during the Asian session often lead to price going nowhere, or even worse, the trend reversing altogether. Now you know why we wait till the LS to trade. It doesn't look like a reversal yet though. Personally, I would hold until LS ...

Sonic R. System

Agreed on a rally. I won't take another short on EU until we are past 1.3275. See first attached for reason. Note that the daily dragon is still sideways. Not an issue for intraday traders, really, but since I have seen the massive drop I expected a ...

Sonic R. System

I have never understood that mentality. Maybe they just don't understand what we understand- Trading requires the same qualities and mentality that would push someone to learn this material themselves: self-motivation, ambition, attention to detail ...

Sonic R. System

I'm going to be honest, I didn't read this whole thread. I doubt I ever will. I don't think the rules really require all that much research since it's so simple and since so much of this thread references old systems involving stochastics, MACD's, ...

Sonic R. System

[QUOTE=KinsaleForex;6448929]Haha, I like the title! No need to be sorry, you didn't steal my thunder, anyone was free to answer and I think you did a better job than I would have done! I like the "Fire" analogy as well, nice way of explaining it. ...

vsa with Malcolm

Sounds like stop loss hunting to me. And yeah, those that were coaxed to sell would cover and help the MM's push price back to above the TL, which is very cost effective for the MM. Either way, I'm out for the week. Not really in the mood to trade, ...

Sonic R. System

Sorry, Kinsale. lol Didn't mean to steal your thunder. I get bored in front of my computer waiting for the right setups to develop. Changed my title appropriately. ^_^

vsa with Malcolm

You're right. Either way PA goes, there will be a setup for it. I am still pretty sure I know which way it is about to break now, but I'll wait for PA to show me that I'm right. (or wrong, ha ha. ^_^ )

Sonic R. System

It's not London Session or even US session in a few minutes, but this is winding up really tight. Not sure which way it's gonna go. Volume isn't telling anything.

Sonic R. System

One bar doesn't mean anything by itself. There is no "magic bar" that tells you to buy an asset with immediate expectations of a rally. It just doesn't work that way. Nothing does with any real precision. What you are looking at is a lot of selling. ...

vsa with Malcolm

[quote=luisermers;6443510] PA = Price action.

Sonic R. System

EU- price came up to a known resistance point and stopped (daily chart). It is consolidating, but all the major volume so far has been on the sharp down moves to the lows (5 min chart). I would normally be bearish on this pair, but I won't let my ...

Sonic R. System

I'm waiting for the same thing, but with the JPY Government interfering with their currency, trying to devalue it and limit inflation, I'm not sure when that will be. That's the reason I haven't been scouting it myself. A bigger player then the MM's ...

Sonic R. System

Fair enough. It will be different for everyone so the best I can do is give general guidelines. Everyone with an internet connection has an internet service provider. That ISP has an assigned SMTP server address. In most cases, that ISP has also ...

Sonic R. System

The code and the indy I linked are already set up for email alerts. I was hoping you could just read the actual alert part, since the code is based on MA's and pull it out to add to your own code. If you can't manage it, then I wouldn't worry about ...

Sonic R. System

All you had to do was google it. Here ya go. url You'll have to setup your SMTP with your login, the email attached to the SMTP and etc. You can find all the setup menus under Tools>Options> Notifications in your MT4 program. Edit- totally missed ...

Sonic R. System

Closed for a simple 20 pips. I'm done for the week. ^_^ This was a good week for me. Hope you guys have a great weekend!

Sonic R. System