EJ TP1 Hit I will manually force to TP2 to close at some stage Pablo

Sonic R. System

Pipoca, 1st Draw Horizontal lines on your chart and see why this might not work. Pablo

Sonic R. System

mmm, I think in catching Lows you are using Support, which is what SonicR is about. As it is EU has now provided both Long and Short wave opportunities. I typed this up this morning as a note to myself............. Some waves are just too big to ...

Sonic R. System

Pipoca, see Junemans last post (9202). Now draw a trendline from top to bottom. Would you take that second entry point? Hence, Waves come 1st. My EU Trade Plan will be making HH's HL's once I enter. But nothings a certainty in FX. Pablo p.s. I'm ...

Sonic R. System

All good points but I'm following Waves 1st, Trendlines 2nd and there's many trendlines to watch. And as I said no shame came of being stopped out at BE. Pablo

Sonic R. System

Around the 1.6000 price level it will cause indecision in the market. Pablo

Sonic R. System

EU Long Trade Plan — EU Long Trade Plan Swing Reason = Major Bounce off 4hr Trendline. DPV will act as a magnet so EP is just prior. SL will be moved to BE as early as possible. Note, there's no shame in being stopped out at BE and will look ...

Sonic R. System

you missed some text off........and that why you don't trade the news but trade the resultant price action. :-) pablo

Sonic R. System

EJ Long Trade Plan — My EJ Trade Plan Pablo p.s. I still learning so if you want to point the less obvious out, please do so.

Sonic R. System

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EJ - I missed this trendline first time around but the 4hr chart shows a possible reason for a swing. I'm now out a BE waiting for a clear signal either way. Pablo

Sonic R. System

That's fair enough Mohammad. I assumed you'd seen something that I hadn't been aware of with your reference to "rushing" a trade. I looked at todays thread and with the notable exception of the EU, which most of us would take inc Sonic, I couldn't ...

Sonic R. System

Hi Muhammad, it would also help if you point out where you feel a trade is being rushed. Thanks Pablo

Sonic R. System

Hi TAH, don't we already have a SonicR Reentry signal? Pablo edit: add pic oops just remembered, I said "no more questions from me"

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Thanks Muhammad but this was my logic (feel free to correct if you don't agree).......... Re-entry indicator conflicted with Wave Watching and the Higher High. Take Out the Lower Low and the Trend is confirmed. Pablo Edit: EJ I took the rentry ...

Sonic R. System

Why Gamble? Back off and wait with a more conservative EP because when it goes there will be enough pips either way! Pablo

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UJ setting up for a short — This is how I see UJ Short shaping up.... Higher Timeframe Bias, Fib Expansions and Retracements all aligned. Pablo

Sonic R. System

Hi DD, thats what I intend to do, except I'll be in bed for the Tokyo Open and left it for other Sonikers to mull over. Enjoy :-) Pablo p.s. already noted the NY <> Tokyo Rules but thanks once again

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EU Short to monitor — I'm not able to see this one through but I've been monitoring a possible EU Short. EU made a Double Top which has previously seen100+ pip falls. Pablo

Sonic R. System

No. Currently missed TP1 by 5 pips but still live at +7 pips and set to BE. At worst a free trade :-) Edit: Now out at BE

Sonic R. System