Thank you guyz for perfect analysis! Just closed it @ 1.4200, got my +27 pips. I'm trading 0.1 lot as I don't have enough money on my acc. to increase lot, so i do for now only 1 TP. Regards, snu.

Sonic R. System

E/U trade — good morning, Sonikers! here is my current E/U trade. any comments appreciated. Was it to early to enter as there is a strong resistance lvl consisting of 89 MA, daily pivot, 38 fib lvl? Regards, snu.

Sonic R. System

ddaytrader, what about strong S&R lvl around 1.6457 (which is daily open btw)? I remember you said it is good idea to try to avoid trades where there is a close S&R lvl in the way.

Sonic R. System

Not a very clear Sonic Setup, but i took it anyway. When the price hit daily pivot, I moved SL to BE+2, but then it retraced and hit it, so I'm +2 pips now =) So now I'm considering a possible re-entry when CCI turns from blue to red. Thx, snu.

Sonic R. System

As I was onse told by traderathome it shows you if the volume on current bar is above or below the average volume. By default average volume is calculated for 10 bars (I might be wrong here). The colors just show u by how much in fib lvls is the ...

Sonic R. System

I'm confused. So 15M timeframe confirmes higher TF? Not vise versa?

Sonic R. System

Thank you, DD! I'm not gonna let you do that . I just ask to see if I see the set up the same way experienced people like you do it. From your post I learned following things: 1) allways look for clear as day wave formation. 2) Be careful if waves ...

Sonic R. System

G/U setup? — Can this be considered good potential G/U setup? Should we stay out for now as Bernanke speaks? Thanks, snu.

Sonic R. System

Thx DD, as you've noticed many of us concidered E/U down today, however you say it was not a clear signal. But why not? It still gave us clear H-L-LH. Or we should've watched for the previous choppy action as well? Regards, snu.

Sonic R. System

Thx, Basber. Its very generous of you to explain things with such deep lvl of explanation. I really appreciate your effort!

Sonic R. System

Yeah, makes sence. Thank you for the input, traderathome. Unfortunately though, mine SL was allready hit ... Well, the good thing I'm still on demo. But I'm still down with this pair unless it breaks that huge overhead resistance:

Sonic R. System

So what would you suggest in situations like these if we entered a trade allready like we did with E/U tooday? Just sit and wait? Thanks, snu

Sonic R. System

Mine is Alpari. I open one position and then when TP1 is hit I manually close the half of it (e.g. if i have a position for 0.5 lots I close 0.25 lots). Hope it helps, Regards. Snu

Sonic R. System

Thank you, Sonic! I will pay attention to this lvl.

Sonic R. System

E/U still down? — Yes, this is weird are we still down with this pair? I see divergence on QQE and CCI, plus my other TPL shows divergence on MACDs.

Sonic R. System

Good Job! Same here, half position closed SL @ BE now. Is my TP2 too big?

Sonic R. System

SL and MM — Sonic and all, I feel like its time to ask one of the most serious questions regarding your great strategy - money management. From all the variety of the examples we've seen throughout the thread I've got a feeling that Sonic R ...

Sonic R. System

Good morning, I'm down with this pair as well. The reason - I saw an inverted hammer yesterday on 4H TF + the Price on 15M TF now formed H-L-LH and all Sonic signals line up. My EP is @ Daily pivot, SL @ 1.42300. TP1 @ S1 (1.4141) TP2 @ 1.4100 Thank ...

Sonic R. System

Ok, now its clear and according to rules. Thx Sonic !

Sonic R. System

Sonic, but judging from your pic, you entered right above the previous bull candle , not letting the next one to close and wait until the dot paints blue(green). Can you plz explain?

Sonic R. System