EXACTLY! LET THE DRAGON AND PA SHOW THE WAY!!! The Dragon and PA on HTF shows us the way... for DIRECTION!!! The Dragon and PA on LTF shows us the way... for ENTRIES!!! How much more simpler can it be??? Backtest it easily for yourself and stand in ...

Sonic R. System

SINCE LAST WEEK!...and you wonder why about 95% are losers?

Sonic R. System

There is nothing bearish about either EU,GU, EJ OR GJ right now! At least not yet! The presence of support or resistance in the direction of price movement does not automatically mean price will respect them! Support and resistance levels are ...

Sonic R. System

Thank you for well thought out, matured and informative analysis. Wish others would emulate your attitude more and not just your charts! Firstly, I recognize that the latest volume bar I acclaimed could very well be some profit taking(weak in my ...

Sonic R. System

Longs are very valid technically and volume wise as far as 139.00. And Im in.(Until the charts tell me otherwise). ...by the way, your attitude sucks. Thats the kind of attitude that discourages people from participating more openly on FF instead of ...

Sonic R. System

SERIOUSLY???

Sonic R. System

Seriously!!!

Sonic R. System

Im more comfortable taking readings off the 4hr TF. Classic entries. TP1 @ 1.36, TP2 @ 1.37, TP3 @ 1.38. (P.S. Im not a scalper or daytrader)

Sonic R. System

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Sonic R. System

careful there hotshot...

Sonic R. System

Very nicely executed trade! Now thats how I always wandered why scouts werent being deployed like this more and more!

Sonic R. System

hmmm...

Sonic R. System

...looks like good weather for hunting bears sir. Happy Hunting!

Sonic R. System

Yes sir, I agree wholeheartedly that the market is building longs (LONGTERM), BUT, If we are not to PREDICT the market, then neednt we wait for PA (in addition to TIME), to tell? Isnt that PRECISELY what the rules are for?

Sonic R. System

My sentiments exactly!

Sonic R. System

...looking like catching a falling knife to me! From my understanding of the Sonic Rules, don't we wait for AT LEAST one minor higher-high to validate a STOP placement?

Sonic R. System

...so did you take the trade?

Why Simple is better in trading and Complex is not

Backtests show daily trends dont change that easily. Takes substantial VOLUME to do that. I am paying more attention to the end of day readings(5pm NY). Intraday readings seems good for gauging when retracements are loosing steam and trend continues ...

TEB: Morning Trend Trade