EU already printing lower highs. If this follows until london session I'm gonna look for shorts

Sonic R. System

thats a great observation.. I can see a jump in volume right before the drop too.. More liquidity being pumped into the market?? would be very interesting if a new high is produced right at the beginning of london today possibly drawing in more ...

Sonic R. System

looking to short this suckaaaa

EURUSD

we still have to fill the gap too! Do you always leave your trades in over the weekend if they haven't hit your tp or sl? or only on certain conditions

Sonic R. System

Heres my look from the euro index on why I agree with your short bias on the pair note how FFCAl produces only news releases on the EURO and nothing else. Which leads me to believe these indices are the true thing EDIT: EU could be ...

Sonic R. System

here's a deeper example using gbplfx and usdlfx and how the pair reacted. I like the insight these "indices" offer and I find it gives me an extra "edge" when trading. Just tryin to help fellow sonikers and contribute what I've learned! See how GBP ...

Sonic R. System

No problem TAH.. look into liteforex's "sigtrader4" platform. it offers these pairs called usdlfx, nzdlfx, gbplfx, etc. LFX standing for liteforex. I'm not sure where these indices are produced from but they seem quite accurate in showing movement ...

Sonic R. System

jpy pairs offered the strongest trades last week so this week I'll keep looking to trade GJ, UJ, and EJ. It will be exciting as well to see what audusd and nzdusd do after these drawn out uptrends.. image

Sonic R. System

Without getting into too much detail this spreadsheet is derived from a cross currency basket system by 'es trader' The +'s and -'s come from each individual currency index that is available through liteforex's "sigtrader 4" platform. So at the ...

Sonic R. System

risk management?? I dont see why anyone should see a margin call.. you need to go back to basics

EURUSD

it's great that you push the people that post here to be extremely clear in our analysis and clarification to help the newer users to this forum and system. It's what sets this thread apart from any other one on this site. Bravo Some ...

Sonic R. System

Sorry I'm not really clarifying myself lol.. lazy sunday afternoon. Or I just have my mind on other things mainly this for you all you sports fans!! image really meant 1:2 risk to reward. So tp will be double the size of the SL! so it will take 2 ...

Sonic R. System

haha sorry 1:2***

Sonic R. System

yeah for right now idt I could manage to have double the trade size on one pair. I think I like having the diversity with different pairs. Some day I'll venture into that trading style but right now 2% per trade is all I need. Especially when I try ...

Sonic R. System

do you ever have two tp's with your normal size trade like taking half off at tp1 and letting the rest ride or is it always twice your normal trade when you post two tps

Sonic R. System

Anyways besides what TAH posted I'm finding that the less indicators you have the better. Highs and Lows can be seen with your eyes just OPEN THEM!!

Sonic R. System

hey those two links you posted arent working

Sonic R. System

looks pretty awsome TAH. I think I will use the m15 TF to find a pair to trade and then use the m5 to find a precise entry while still using the m15 TF for SL and TP. All charts I post will include the 15m chart first followed by the 5m to show a ...

Sonic R. System

How do you guys usually draw your waves? do you use the latest highs and lows?? Sometimes I see major waves and use the older lows and highs to place my trades. so far 6 wins and 1 loss during london for a gain of 190 pips. Will be interesting where ...

Sonic R. System

got out early for -15 pips... trend line was broken with a climax sell.. Oh well win some you lose some.. see you all next week

Sonic R. System