I'd consider a more bearish candle the previous one, the pinbar. More volume, better shape = more power. The second long red bar (almost marabuzu) looks like the result of the "power" of the previous one, which is a good bear sign. The trend seems ...

Sonic R. System

You are right, but the potential is quite higher in GJ because EU for example has been going south for a while. However, in GU, MMs keeps pumping and dumping the price, they didn't start the run. So if UJ is potentially bear and GU is potentially ...

Sonic R. System

GBPUSD Potential SHS in GU, price is doing a pattern in 4H (evening star) in the possible top of the second shoulder. Of course, until the price doesn't break the neckline, this is all speculative. But the spot is quite interesting.

Sonic R. System

GBPJPY I'm starting to short the GJ. First scout entered and waiting for the second one. For me GU are bears and it had a big pump today and UJ same. However, I will have caution because UJ broke the H4 wedge and it could go further. I will add a ...

Sonic R. System

Indeed Hendal, that's why I remarked that it's just an experiment. For now I'm not trading based on that at all, but it's a curious behaviour and I will keep observing it until I have clearer conclusions. It's like a "final push" to exhaust the ...

Sonic R. System

You are more than welcome

Sonic R. System

Agree, even if I like a lot the mid-term EU short, I think the proximity of the German elections could stop the drop for now. So, if the price breaks the technical trend level (see image) I will close my profitable orders banking around 1k pips. ...

Sonic R. System

Hi Dmitry, let me use your excellent post as an example about something I'm noticing lately in the thread. Maybe your post is not the best example to take but some of you guys are saying in this or another pairs that MMs are bulls because volume is ...

Sonic R. System

Just to corroborate all the results, I'm in profit as well this month. As you saw, I was quite inactive this month due to holidays, but I made some profits. This is balance, no equity. 8.9% this month so far and I'm still carrying the 2 bigs (EU and ...

Sonic R. System

Outstanding! Really happy for you Msis, u deserve it Just for curiosity, what was your biggest DD? Because you open a lot of trades and your bankroll management is more aggressive that I thought. Again, I'm just curious.

Sonic R. System

Update I just closed my 4 shorts in EJ with 605 pips profit. Reasons: Price is consolodating and there will be a good opportunity to make a single entry if price breaks UJ si being supported by 97 EU is bear but it may try to break 1.34 againNo ...

Sonic R. System

EURJPY Update I'm still holding my shorts in EJ, and I even added a 4th entry with the trend when price broke the 4H EMA89 (you know, adding with the trend is a powerful tool as well). I did an analysis in UJ and EU and both are still bears for me ...

Sonic R. System

Already on it No more scouts until the resistance @132.7, no matter what volume say.

Sonic R. System

Chapeau sir, really really excellent

Sonic R. System

You did not say the same, because you are a troll and you are only looking for flaming and for troubles. That's why you are not welcome in this thread and Lucy, with only a few posts (not 300 like you) contributed more than you. The way he explains, ...

Sonic R. System

Don't worry kekkis, if you want to give feedback, it is more than welcome if it's a constructive one. You are right, price can go there and I have that in mind. That is why I explained that I will space my first 3 scouts quite a lot. If I do it ...

Sonic R. System

I'm starting to build a short EURJPY position. My plan from now on is: To detect if MMs are bulls or bears To wait for a nice structure in H1 (candle pattern, double top/bottom, etc etc) Never add more than 3 scouts in the first 100 pipsSo I started ...

Sonic R. System

Thanks Lucy for ur point of view. That is, indeed, my idea. I really like the mid-term long in USDJPY, but I think I can build a better position in the future. If price makes a pullback I will start to build again, this time using my "new personal ...

Sonic R. System

UJ Closed my 16 longs for 1050 pips (around 3%) Reasons: We are entering in a problematic zone (98.5-99) We are in a previous resistance Not proud about my position buildingI will probably start to build longs again if the price makes a pullback, ...

Sonic R. System

Even if you were too fast, that is an excellent trade, congrats!

Sonic R. System