Here is an important thing to note about Head and Shoulders, which I overlooked earlier and did not point out. This pattern is either a topping pattern, or, if at the bottom, a bottoming formation. With this in mind, you have to be careful where you ...

Sonic R. System

8 hours later, told cha Now here is something I didn't notice building unfortunately, I will blame my damn Doctor Appointment. Take a look how the little H&S at the top, which once executed and target reached, Gold tried to go recover the Neckline, ...

Sonic R. System

Just got back from Doctor and jumped on this, Shooting stars at resistance M15, M30 and H1 and all kinds of selling at the highs. Putting on my "badge"

Sonic R. System

This was a very small H&S. One thing about these, once a Neckline has broken out, if price closes back under/over (breached) in the TF you are watching you should always consider the pattern failed and the move a fakeout. This coincides with the USD ...

Sonic R. System

One thing is for sure I think, we have all noticed that watching Volume has been tricky of late. How many times has stopping volume not worked for our friend Eur. If those Weekly charts I posted execute, they may be no stopping Eur, at all

Sonic R. System

A couple of things to be very careful of on the really big picture, EUR and USD 82 is big for USD, potentially really big

Sonic R. System

Well I mentioned I did not like this USD H&S, and still can't put my finger on exactly why. Maybe it was just PA, as I have been watching this and Gold closely, or the support just under. My money was on Gold weakness, as that is what I see big ...

Sonic R. System

I was not watching Eur to be honest, and easy to say now, but I see many wicks on all those Candles and some on higher volume. Not sure if it was 'selling' per se, but I am seeing what Andy is pointing out.

Sonic R. System

Ahhh, I just measured the H&S target, and it goes to 80.30 to the penny, the next support level. Coincidence? Neckline is backtested as I write this. USD has to put up or shut up quickly

Sonic R. System

Very interesting stuff AL thanks for Wednesday warning too

Extreme TMA System

Stick a fork in it? I'm still not totally sure what the heck it's up to, but if it gets and closes under 81.05 or so (daily support where it is currently getting a bounce), it looks like 80.30 will be the next stop, and everything anti-USD will get ...

Sonic R. System

Bro I think you asking my opinion about general trade management. I think this is what you were generally asking here: url I think your concern is a good one, and I know a few people have been asking about this before, and I have been ...

Sonic R. System

Someone is getting good at spotting these.... USD got a bounce on support, was worried about this. Stopped out for a 22 pip loss. I would rather just move on as I stated. It might bounce right here at 5797 or 5791, 97 almost looks like a NL. I think ...

Sonic R. System

Thanks for pointing this out. While I don't put too much "stock" in any patterns lower than H1, its a good looking and valid little H&S, and it is also on M30. Also to note, M30 shows a very nice bullish ascending Triangle, really both of these are ...

Sonic R. System

Two very important patterns on weekly charts to watch out for. 82 is really big for USD as you can see on this chart. Eur stopped on strong support (as did Gold), 1.25 is key no matter how its looked at, getting through that will likely set off the ...

Extreme TMA System

Just thought I should post a chart of the Alternate counts I was mentioning before, its very hard to visualize these things with no chart. This week should be pivotal for many things. Of the two counts here on this chart, I think time-wise and due ...

Extreme TMA System

Al, here is my newest long term interpretation with ALT count spec'd as well As I noted on chart, Weekly makes the H&S target look wrong but I calculated it out on the Daily to 1181. (1919 - 1500 = 419 head size). 1600 - 419 = 1181

Extreme TMA System

This is getting very interesting. You mention that area, my one Broker shows a GAP at 1626, dead center in the area you just mentioned. I'm not sure if this Gap is true, or Broker info, etc but I find it curious and will look at some other sources. ...

Extreme TMA System

Andy, its obvious you have some knowledge of TA, however you were wrong about the H&S. Why don't you admit it so we can move on, and like TAH says, maybe we can work together going forward? You need to take back your "talk shit" comment as well, or ...

Sonic R. System

Here are some more views on Gold, including where it sits ATM. Note the very conflicting information, this is the manipulators hard at work imho So, miners has a H&S already broken and backtested. Gold broke through a H&S, and 1600 "could" be the ...

Sonic R. System