Solved: How to reset HTC Sensation hard reset: With the phone turned off, press and hold the VOLUME DOWN button, and then...
Restarting or factory resetting your Sensation phone
Restarting your phone (soft reset)
If your phone is running slower than normal, an application is not
performing properly, or your phone becomes unresponsive, try restarting
your phone and see if that helps solve the problem.
If the display is off, press the POWER button to turn it back on.
Unlock your phone if the Lock screen is displayed.
Press and hold the POWER button, and then tap Restart.
When asked to confirm, tap Restart.
If you can’t restart the phone following the above steps, remove the
battery, wait for a few seconds, reinsert the battery, and then turn
the phone on.
Performing a HTC Sensation factory reset using phone buttons keys
If you can’t turn on your phone or access the phone settings, you
can still perform a factory reset by using the buttons on the phone.
With the phone turned off, press and hold the VOLUME DOWN button, and
then briefly press the POWER button.
Wait for the screen with the three Android images to appear, and then
release the VOLUME DOWN button.
Press VOLUME DOWN to select FACTORY RESET, and then press the POWER
button.

If you’re passing your phone on to someone else or your phone has a
persistent problem that cannot be solved, you can do a factory reset
(also called a hard reset). This returns your phone to the state it was
in before the first time you turned it on.
Factory reset will not erase the data and files that are on the storage
card.
Factory reset is not a step to be taken lightly. It’ll permanently
delete all your data and customized settings, and will remove any
applications you’ve downloaded and installed. Be sure to back up any
data and files you want to keep before you do a factory reset.
Performing a HTC Sensation factory reset via settings
From the Home screen, press MENU, and then tap Settings.
Tap SD & phone storage > Factory data reset.
On the Factory data reset screen, tap Reset phone, and then tap Erase
everything.