my only fear is that the PA is a little lazy which means lacks confidence which puts me at 60 40 it will bounce up. got 19 pips down half out. as I was typing expected bounce yellow line... level and trend line close (triangle.) Now need to really ...

Sonic R. System

see my cursor and the small MACD. WAVE counting is important as it is nothing but a smoothing of price action with MA's. Waves INSIDE of waves and each TF has it's own wave count. All that is based on S&R. a 5 minute chart would tell you waht a 15 ...

Sonic R. System

correct. I use a M3 on esignal for wave confirmation but on MT4 it would be a 5M sonic.

Sonic R. System

down...?

Sonic R. System

oh and what is this about a Fib "INDI"? BWAHAHAHAHA

Sonic R. System

Watch for redline and triangle zone in red for down trend if it starts a wave down.

Sonic R. System

yep... good entry eliminates a SL. Watching the waves on different TF's in relations to small S&R with larger S&R creates excellent entry points. Rarely do they go backward and if they do 50% chances I missed viewed the wave and it's going to go the ...

Sonic R. System

@traderathome Sonic R is a a good system because it uses basic principles of multiple time frames in one chart. Personally I use a model of 3X which is 1M 3M 9M 27M 80M and 240M which I do on eSignal. The reason is I study wave patterns which is ...

Sonic R. System

LOL... I hear ya! In my years. i put it like this. I am what I call a pivot point SL guy. I place it just a few pips beyond where I think I would go the other direction trade wise should it go that way. I gues the reason I tend to do it is because ...

Sonic R. System

Why such a huge SL? I though it was supposed to be below the market of consolidation and it's low etc... Which would have been somewhere around the DPV in your pic and likely above it and at lowest point above it before the down turn.

Sonic R. System

Trade closed TP2 1.4210

Sonic R. System

anyone think that the CHF clearly has been kept stable by the Swiss Gov after the run off yesterday after the FED announcement?

Sonic R. System

TP1 40 pips hit @ 1.4315 SL set at 13 per resistance wave. EDIT now SL is set to 1.4313 after break of wave/fib.

Sonic R. System

YEP! South!

Sonic R. System

Going South? Could be a setup on the dragon. 3M and 9M with 15M sonic charts

Sonic R. System

whenever in question just freaking go with the Swiss. Even freaking mention interest rates or economy and the dollars Pi$$es all over itself 200 pips. BANG! LOL

Sonic R. System

def a lot of uncertanty and the big boys IMO def are loading something. Any ideas which way the dollars will go? Easy to say weak if stays the same but wondering what initial reaction will be as well.

Sonic R. System

?? If you have what you view as a signal to trade. You trade!

Sonic R. System

dang it... wasn't even paying attention to EU/JPY was thinking about US currency with it's issues. Wish I would have looked at it. Def a nice trade. Way to catch it.

Sonic R. System

Took profit at whole number which was 32 pips and now S&R. a few lots still in to run free wihout losing. Wait for retrace depending on wave action and might get in again when the market does it's normal breathing/wave action should it ...

Sonic R. System