be careful people shorting euro if this happens. Last time a couple of months ago they did this and the euro sterling stock market etc flew up hundreds of points, and the dollar crashed and burned.

Sonic R. System

Euro Long taken which i have added to other longs on the train north from yesterday

Sonic R. System

Well seems major buying in the home sales good dollar news. Rememeber the SM uses this good dollar news and as the herd short the euro off their buying into the selling. I know im getting broken record status saying this is gonna go long but, these ...

Sonic R. System

Good point the new longs will have surely been caught out and stopped out by this collapse down, thats why you shouldnt have a tight stop lol Im still in but dont fancy buying anymore now, im happy to sit and wait, will make a nice amount on it when ...

Sonic R. System

Oooohhhh there really taking this to the pip lol So greedy those Americans lol Next bar will be up, which will highlight the buying Maybe not lol, these americans are really taking it to the lowest low

Sonic R. System

Bear in mind CFTC reports show short positions in euro crosses are at all time highs and dollar positions at all time highs regarding longs, so there is plenty of people to sucker in for the BBs Plenty of people on the wrong side of the trade plus ...

Sonic R. System

As i mentioned in my earlier post the americans have come to town 2.30pm and as i suspected the euros down as they are so greedy they dont wanna be out done by the londoners buying at the bottom. So there forcing it down to buy there and then as far ...

Sonic R. System

Oooohhhhh Greedy ! lol

Sonic R. System

Dollar Cad - mini review Liking this very much, and when this drops euros up baby ! Right i have highlighted the upbars closing on the middle or low of high volume, showing SM selling into those bars. Also Top Reversal pattern just printed. Here as ...

Sonic R. System

Couple of charts updating the progress of the phase. Note - When the americans come to town they may send this down first, and buy where the londoners did so they dont get out done. But if it keeps testing going up this may start to move this ...

Sonic R. System

Good point definitely have to trade what is on offer, i was shorting yesterday and banked pips, and then switched like the big boys

Sonic R. System

Many thanks Problem with me, is i know what i mean and can talk it good, but writing it down im not to good at that. Personally, i would stick to the sonic setup, unless you are very good at reading volume and VSA.

Sonic R. System

yes but just bear in mind that if there is bad news the smart money buy into the herd selling and if good news the smart money sell into the buying by the herd thats how the funds come into trading the volume. Although sometimes you can get genuine ...

Sonic R. System

How you mean ?

Sonic R. System

Many thanks, thumbs up all round peeps ! Our aim as a collective group is to beat the Smart Money

Sonic R. System

Many thanks for your kind words Also peeps, just take note we are now at a yearly low and weekly low on this cross, just maybe something to bear in mind

Sonic R. System

Oh thats good if your happy, yes i am still long the euro. there is buying in the downbars, on good volume. the drop from the greek comments last night were used well by the smart money to accumulate further down and then the london sess this ...

Sonic R. System

Not having a good run this morning are you TAH. I have been buying in the recent down move in the euro, they just pushed in down to trick people to go short this morning.

Sonic R. System

Added a 5 minute chart showing the buying in the downbars, high volume showing this in the bars arrowed for you guys. The buying is by the Smart Money, also notice the next bars after the downbars are upbars, which suggests this too. Again just what ...

Sonic R. System

Afternoon Guys and Girls. My thinking now on my return to the devils market. Potential longs on recent 5 minute bars. Chart Attached.

Sonic R. System