Was stopped out before it really went down (so it was a good plan with a bad execution). Unfortunately I had to leave it alone (that's why I set it to BE+ before the news). But at least I did not lose (actually got a few pips ). I'm still not ...

Sonic R. System

EU - short — Set to BE+ according to the pic, I must be off for a while.

Sonic R. System

Yes, you are right, 1.425x is my optional target, this wave also may end there. Depends on the PA - how does it look like along the way to that level. My ideal target around 1.42 coincides with fibo 78.6 retracement level on the higher degree (fits ...

Sonic R. System

EU pending short — I have a pending sell stop order below the LH. This trade my fail according to the current situation and becomes invalid if PA takes out the last recent high ~1.4345.

Sonic R. System

It is clear now, its a standalone analysis tool for EWT fans from elliottician.com (not related to MT4). Will send you a PM regarding this.

Sonic R. System

foxybunny, those numbers are not related to any EWT counting, they are simply referring IDs of the set-ups on the pic. That picture was intended for discussing/clarifying those pure SonicR set-ups without any EWT. Slingshots will help protecting you ...

Sonic R. System

EU - Short term overview — Until PA stays within the green channel (or breaks the upper border), correction is not over. Warning: speculation!

Sonic R. System

Then the course you were attending was focusing mainly on the theory itself (you can read it from books) instead of the practical part "how to use it in the real life trading". Yes, this is the harder part because it needs guidance from real traders ...

Sonic R. System

Yes, it is a kind of divergence, we talked about this several times during the past few weeks. Mainly occures before the last wave down in the trend direction on a given TF. EWT counting: many ways but in general, you should heve a pic on the higher ...

Sonic R. System

EU short - Summary — Thanks kimis, all of my trading decisions are based on EWT (and gives much better results than anything else), but works well together with SonicR system, that's why I'm here. So how does the SonicR fit into EWT? To make ...

Sonic R. System

EU short closed — 4 hrs later my safety target above the magic whole number was hit, ~140 pips banked (right pic shows the very last moment before the hit).

Sonic R. System

Pls check the source code of SonicR Chart Panel (xxx).mq4, TAH has invested extremely huge amount of work into this system so pls take the time and check his code, the correct answer is there. The following comments are quoted from there: "The ...

Sonic R. System

As Sonic would say "3 hours later": in the meanwhile PA is approaching my initial target; for "safety reasons" TP is set slightly above the "magic whole number" @ 1.4305x.

Sonic R. System

I think you are partly wrong on that signals. This largely depends on what TF we look at these setups/dragon (see pic). I think this is one of the typical "trap" many fall into (do not see the wood for the trees).

Sonic R. System

TAH, we have a chance to go another 100 pips down (my ideal target is around 1.429) before any major move up. Regarding your S/R indicator, when do you plan to release?

Sonic R. System

And results for every set-up published here should be shown for the same reason.

Sonic R. System

Shr5, Forexhard, glad to hear that. Thank you both for your feedback, will consider your recommendations in the next release.

AnyCandle - H1, H4, D candles on your M15 chart

OK, thanks.

Sonic R. System

OK, thanks.

Sonic R. System

TAH, your position sizing algo seems to be a complex one scaling out your risk among so many positions/pairs. Could you pls tell me/us a few words about how you manage this? Thanks in advance.

Sonic R. System