Old School Sonic System + Other Things 11 replies
DislikedThanks for this interesting system. Could you please let us know the moving average numbers you are using because we can't get it from your posted charts indicators because it's not dynamic its a saved copy.
DislikedUp on EUr/JPY.... 148Ignored
I'm new to forex and closely following yr system. Need some help here. Can you explain more on why you enter around (estimate) 117.55 - candle is still inside the 34ema and not above the top white line.
I may have messed up understanding your strategy.
White :::: Open positions
Red1::: SL line (depend on ur RR appetite)
Red2::: SL ine (depend on ur RR appetite)
Your white (buy) line is within the 34ma and not above, as stated in post 1.
\"buy look for candle above upper white line .......\"
Look for the candle go above upper white line and wait till the candle ends...and put the \"Buy stop\" few pips above the \"High\" of that candle.
MACD sloping up.
Stoch pointing up.
Disliked4. We do not buy/sell on the break on the line immediately. Wait till that break-thru candle close. and we put buy stop/sell stop few pips above or below it...Ignored
DislikedCould you tell me, usually how many pips exacty above \"HIGH\" of that Candle do you PUT BUY STOP..?
both MACD and STOCH have to pointing UP at the same time ?
do i have to wait for the close candle break-thru white line or I have to wait next candle after the close candle break-thru?
DislikedSonic.. here is I attach snap shoot GJ pair, it was chart 17 Oct 2008.
please give direction, where you put your BUY / SELL stop order, TP and SL.
that only example for me.., wheter your BUY/SELL same with what I am thinking of for that Chart.
DislikedWhite :::: Open positions
Red1:: SL line
red 2:: SL line near 176.25 (I will choose this one,as I am DT bias)
DislikedGBP pairs, been down and I have Down bias in mind...
Pay attention on L,H,LL,LH
When u see L(2) and LL(4) has no much difference, I will try to take my profit...
and as white lines suggests....the angle is horizontal...whipsaw coming..
Your open position (sell stop) same with what i am thinking of, but in this case I still put one more open posistion, BUY in area Horizontal white line (around time 14.00 - 14.40). I think that was a mistake.
Now i know that is dangerous Open Trade while White Line angle Horizontal, thanks for your information.
have a great weekend
see you on monday..Ignored
1AM - 4 AM EST (UK session)
7AM - 11 AM EST (US session)Ignored
Dislikedif I have to take that position, I would rather choose TP1, 20-30pips enough for me , and I still have another million chance for another pips.
I agree with you, if choose TP2 that mean Gambling Mode.. and I have to take deep breath and my heart beating so fast.. lol..
1AM - 4 AM EST (UK session)
7AM - 11 AM EST (US session)
is that Singapore time..?
DislikedYes..There is a Bull candle pierced the uppper white line..Look at white arrow..not red arrow..
I wait till it closed, and put my buy-stop few pips above the high of the candle....
My entry is taken in the next bull candle...
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