Could retrace back up... here are the levels...

Sonic R. System

EU at 50% retrace and S&R Level.

Sonic R. System

This is true on C&D IF you look at 1 chart and you are not basing you entry on price action with it breaking some form of S&R's. MAJOR RULE of C&D. NEVER depend on one chart/TF look at the chart below and above for wave confirmation. Especially ...

Sonic R. System

out on the CHF +117 pips. in at .7855 out a .7972. I know I got in early. Little to obvious with a bottom like that. My normal trade turned into a Sonic stay in trade.

Sonic R. System

Love the C&D... Very big fan of finding bottoms and waves with MACD or similar.

Sonic R. System

yesterday...

Sonic R. System

The CHF has been very good that last two days...

Sonic R. System

CHF TRade north possibly in the making. Beyond DPV is def possibly a entry point. WAVE on 1M is soft down with no PA. Look to hit back up! Would also break through resistance.

Sonic R. System

did you not enter back in? It was a clear Sonic spike or no spike IMO.

Sonic R. System

Good Sonic trade on CHF.

Sonic R. System

I totaly agree... I just believe in wave theory and TF's in sequence relate to each other. REad my posts on it. 15 and 1 hour and 4HR are nothing but wave TF's. I use a 1-3-9-27-80-240 which is a 3X model. I don't negelct higher TF's at all. On my ...

Sonic R. System

Thanks ddaytrader... I was simply posting a down trend and Tah responded kindly. I understand you points on Higher TFs and I do look at them. I will say this. I don't agree with your view as it is contradictive to basic PA models anyone uses. MA's ...

Sonic R. System

thanks!

Sonic R. System

I was looking at a possible 5M Sonic trade short. Me and TAH where talking about it. If it went through the zone it would have be a great trade and better than what I got in pips. I was looking at a trend line a resistance along with a Resistance ...

Sonic R. System

ehhh I was in way back at 1.4234 Check last Friday pics on waves and fear of bounce of resistance and going up.

Sonic R. System

I cannot stress the bold enough. Waves are based upon S/R. I use a 3 level MACD and corresponding MA's. Winning the S/R game is knowing how to trade as a winner. KNOW WAVES with at least PA and it you choose to use a MACD if you need to for visual ...

Sonic R. System

yep... took that ride up for 60+ pips off that bounce I was concerned about. Got tired of watching it and put in a SL. HEHE and just let it ride until this morning.

Sonic R. System

Market def small ranging not worth the time though it could break out. 6 pips profit through that mess.

Sonic R. System

I understand but to me it is about lack of decision as many big moves come between 12-1 Had a very good day on wave count up and down. 2nd lot out at 10 pips. broke wave. and resistance. will look for new wave entry. going up! It could start ranging ...

Sonic R. System

Per Sonic view. Angle matters and I agree on MULTIPLE levels. It is not the only thing but it says a lot about confidence and caution of people in the market. Which is why I mentioned it being lazy on the leg down to resistance. It took a harder ...

Sonic R. System