Disliked1. it's not an indi...it's the MT4 FIBONACCI EXPANSION TOOL....OR FE FIBO-TOOL.
2. it's not RSI it's a RSX of 8 periods.
Sorry but i think i answered 40 times about the fibo-tool in the latest days.
Ignored
Mind the gap
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Disliked1. it's not an indi...it's the MT4 FIBONACCI EXPANSION TOOL....OR FE FIBO-TOOL.
2. it's not RSI it's a RSX of 8 periods.
Sorry but i think i answered 40 times about the fibo-tool in the latest days.
Ignored
DislikedKumar, by SonicR rules,.....at least several pips beyond end of exiting candle (but be cautious if more than 20 pips out from edge of Dragon), the top black line would have been EP.
By conservative standards (set by Basber),.....wait for ranging PA to clear significant HLs, the bottom black line would have been EP.
You are in the middle, so who is to argue.Ignored
DislikedOh my god!!!
Was it so easy?
THANK YOU!!!
Note: tomorrow someone ask again the same thing... Does anyone bet?Ignored
Dislikedproblem is that people have no idea about features of software they use for trading. then what to talk about their trading skils ... ???Ignored
Dislikedproblem is that people have no idea about features of software they use for trading. then what to talk about their trading skils ... ???Ignored
DislikedTAH. This is how I think regarding my stops...it's probably not for everyone.
I see a potential set up forming on NU (sucks I have to demo on Asia session for now). First chart shows my entry, initial SL and several potential TP areas.
I drew 2 previous s/r area on 4H chart. I will use one of those areas for my stops. If I am currently looking for sonicr longs above the higher s/r area and will only enter above the round number. Stop goes below the current resistance area.
Second chart shows my plan if I get an entry. I have a potential resistance...Ignored
DislikedYour plan is very close to what hansma and nando might do, except that your first chart indicates you'd hold the trade for targets beyond TP2.Ignored
Dislikedhere is reminder for new comers for Sonic R system.
the logic of the direction of the current market trend and the Dragon:
1. in quality set up, the chart should shows price action develop above the dragon for long and below the dragon for short.
2. when the price action above the dragon, and the dragon heading up DOES NOT necessary mean it's up trend, DOES NOT mean you should jump in for long trade, vice versa
for the general market trend,you need to use waves and upper TF to define.Ignored