Would not be suprised to see a free run really hard soon.

Sonic R. System

lol... and she gooes down and now we will see if it jumps back up again. hitting long term trend line....

Sonic R. System

Starting to get bearish... to much top side resistance small market right now.

Sonic R. System

seeming ability was TIC. lol I hear ya!

Sonic R. System

I got out with 12 pips... Not wasting my time on that.

Sonic R. System

I usually only use SL when I am away from the CPU. As I am always in the market based on Wave action and usually I am already in the down trend. if the two charts above my entry chart turns... I am out on the failed wave of the 2nd chart above me. ...

Sonic R. System

Been trading the NZD alot lately with good success. News at 6:45 and at the resistance area with the dragon.

Sonic R. System

going to take a nap... SL set above .500 FIB numbers and previous trendline and that is a lot of resistance. because we know they like that number.

Sonic R. System

sheesh head and shoulders on a 1M LOL ooops grabbed the wrong pic...

Sonic R. System

yep... if you are going to trade late session mid week is def good. Good support for down.

Sonic R. System

good start..

Sonic R. System

Is this goes down and to .500. Look at where it goes to. Could be a huge move if ot breakes that resistance. .382 is at the bottom of the last major move down. Will take half profit at that S/R and let the other go wherever.

Sonic R. System

lol thinking the same thing. I am in at 1.4422

Sonic R. System

traderathome.... at resistance and DPV

Sonic R. System

interesting... Up move is very weak on the leg after the big down. If the market is going to do a proper 4 part wave of at least 50%. It will be a major move down. It might just his the bottom but it would be a good entry on the 5 probably to have ...

Sonic R. System

I'm gone to lunch. Move my SL to above last wave. Watching this junk is for the birds. BWAHAHA as soon as I said that it moves.

Sonic R. System

looks like a little profit taking about to happen or simple lack of confidence and London session about to end.

Sonic R. System

Also .500 is common but the best thing to do is use the retracement tool and look at surrounding areas of S/R levels in relation to FIB levels. Amazing how many time .500 is a major S/R.

Sonic R. System

Yep went through but weak.... Watch turn up. Might be a better position later for a bounce of the Dragon down. in between .382 and .5 near major resistance areas up. Always wait for failure on retest to measure but always check levels which I do ...

Sonic R. System

depends.. most likely it will test again... Wait and remark the retracement levels if it does go beyond it. I am half out and still long at 1.4400 which always seems a area in which price likes. alot of resistance levels below. need to watch waves ...

Sonic R. System