Glad to hear that, Enigma and congrats for your ~1000 pips for the week!

Sonic R. System

EU — Pro-traders room at UBS. These guys and their fellows at the other top ten banks control the 80% of the money on the currency market and takes about 4 days to exchange as much in currencies as the entire GDP of the US. Wow. Better to stay ...

Sonic R. System

Sorry for that TAH, you are right. Both these images have been modified and annotated now in the original posts. The problem for me is that my notebook display has 1920x1200 resolution, so if I want to point out any details of the screen clearly ...

Sonic R. System

Hmmm, my IBFX server time is GMT+0, this is what I see in MT4. That narrow body H4 candle closed at 08:00 am GMT according to MT4. Is there something I missed? Edit: this is what I see

Sonic R. System

EU: H4 candle closes in 15 minutes (currently has narrow spread body with increasing volume)

Sonic R. System

Further long maybe in jeopardy. Currently we can treat this choppy overlapping PA starting from the yesterday bottom as a corrective move, even if it goes slightly higher than indicated yesterday. From my EWT based point of view this correction will ...

Sonic R. System

PA reversal is expected somewhere in/around the green area. I'm going to open short as soon as PA confirms this.

Sonic R. System

Also works well for me. The only difference in my case is that most of the time M5 is used for entering the market (timing). Even SonicR set-ups are much clearer for me compared to M15. For example the M15 short set-up below is from TAH (post ...

Sonic R. System

OK, you are right, it was imprecisely formulated: M5 was used for timing purposes only (entering the market), not for the trade itself.

Sonic R. System

TAH, pic is in the referred original post, but for lazy guys here is the direct link: First post: url Second post: url

Sonic R. System

Forgot to say thank you, enigma

Sonic R. System

Wow, just to make it clear for everyone: it was a SonicR trade on M5 timeframe, EP was 1.43191. This high probability set-up was supported by my EWT based speculation (see my #20792 post). That's all. If this scenario continues to develop, current ...

Sonic R. System

TP was hit, ~250 pips profit. See you later.

Sonic R. System

Time will tell. Mine is based on Elliott wave theory according to the pic below and currently fits well into the bigger picture. If this scenario is under development, the current fall also is going to be a kind of ABC pattern (having 3 legs with ...

Sonic R. System

EU short — Target could be lower, ~1.395 - 1.385 range. Will see.

Sonic R. System

Many thanks TAH, just one note: this SonicR setup seems to me much more recognizable on M5 timeframe showing clearer signs.

Sonic R. System

EU update: my shorts are still running, TP1 is set to lower. No more changes till now. Lessons learnt regarding ES2: if PA is far below the dragon and we are flirting with an old resistance, do not short the market. Good weekend for all.

Sonic R. System

Nando, could you pls tell me why do you long the EU? This is what I see currently: - narrow spread bull candles on h1 with above the average volume - PA could not close above the control MA till now on both m15, h1 - bias is still bearish on higher ...

Sonic R. System

Why here? More significant levels are around ~100 pips lower (see green area on my pic).

Sonic R. System

EU update: interesting to see how differently we see the same PA (though mine is based on h1). Note the vertical green line pointing to the same TP target as calculated by fibo levels. Edit: revised color convention was applied

Sonic R. System