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Sonic R. System

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  • Post# 41,921
  • Quote
  • Dec 10, 2012 6:28am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
I hope nobody'll misunderstand my posts. They aren't against the thread or nobody here. I'll make a disclaimer soon. I just understand some people (I'm talking in general) need some push to take some risks.
Withouth riskying there's no "ciccia per il gatto". In Italian, it means " there's no sausage for the cat and the cat get's angry". Sorry for this last small italian Theatrino.


Quoting umbro
Sorry...self-esteem. Try to be independent as much as possible like this thread will die one day (I hope not so).
  • Post# 41,922
  • Quote
  • Dec 10, 2012 6:41am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
Quoting kotlt
I just post the chart to see if anyone have same view. I'm long GU at this time. My TP 1.610x
What's your EP, SL ?
  • Post# 41,923
  • Quote
  • Dec 10, 2012 6:54am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
That's my humble contribution. The market is not easy and takes some risky decisions. FX is not for everyone because you can loose a lot of money if you are not in the right mood, worried about feeling the fear ecc. Yes, you can always bet peanuts if you like...Is it worth the game to spend hundreds of hours in front of a monitor for a bunch of pips. btw, Koltl is doing good...
  • Post# 41,924
  • Quote
  • Dec 10, 2012 7:16am
  • kotlt
    Joined Jul 2010 | 684 Posts | Status: Member
Quoting umbro
What's your EP, SL ?
EP 1.0644, SL 1.0612
Keep Simple...!
  • Post# 41,925
  • Quote
  • Dec 10, 2012 7:30am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
SL is far from EP (about 33 pips). It's okay it depends on you. I prefer quick gains in short times if feasible at LO/NO. Personally I'd played the pullback before your entry setting the SL at 1.60287 (but Iwould played a more agressive entry). So you need to reach 1.610... kind of difficult but who knows. You're now making 10 pips gain. Don't let the trade to go in red. Good luck !



Quoting kotlt
EP 1.0644, SL 1.0612
  • Post# 41,926
  • Quote
  • Dec 10, 2012 7:48am
  • Shooter150
    Joined Mar 2011 | 384 Posts | Status: Member
Entered short UsdChf

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" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • Post# 41,927
  • Quote
  • Dec 10, 2012 8:10am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
Let's make some money !
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  • Post# 41,928
  • Quote
  • Dec 10, 2012 8:27am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
Koltl, you need a bunch of pips before your target !
Quoting kotlt
EP 1.0644, SL 1.0612
  • Post# 41,929
  • Quote
  • Dec 10, 2012 8:41am
  • kotlt
    Joined Jul 2010 | 684 Posts | Status: Member
Quoting umbro
Koltl, you need a bunch of pips before your target !
Now SL to BE and let the trade run

AU look like have a long setup, a green candle with high volume break previous high. Maybe i will enter long when price re-test dragon.
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Keep Simple...!
  • Post# 41,930
  • Quote
  • Dec 10, 2012 8:44am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
Quoting kotlt
Now SL to BE and let the trade run
Good ! I think I'll change pair soon. btw, the single currency is not offering good opportunities recently. I'm trailing 20% of my remaining load after 10 pips gain but it's okay I don't want to spend my life with my pc.

Good trade !

See you tomorrow. Umbro
  • Post# 41,931
  • Quote
  • Dec 10, 2012 2:07pm
  • traderathome ● Online
    Joined Mar 2008 | 13,998 Posts | Status: Sonic R. System Supporter
Quoting kotlt
Will short AU if previous low is broke
AU Comment:

Nine hours after your post......looks like profit taking at the highs created by the drive up that started with the US open. This is an obvious Pump & Dump pattern, so more upside is unlikely to soon follow. It is more likely that "down" is coming next, but there might be another temporary hike for accumulation of shorts in next asian session. Of course, that is only a guess. Anything can happen. Overall, this is ranging so we want to be careful if taking a SonicR short setup that there is enough room to the bottom of the range to make the trade worth the risk. From now and well into January, the market might play with the prices in such manner as to enable it to finish closing long term longs and to build sizeable long term shorts. And this could mean repeated thrusts back to the high grounds to make maximum profits when closing longs and to get the best prices when opening shorts. In other words, the market might not put on any substantial moves or enduring moves, not on this pair and maybe not on any USD pair. Instead, it might use this time to range prices up/down while it works to reverse positions.

Warning: Speculative.
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I am a trader, not a baby sitter.
  • Post# 41,932
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  • Dec 10, 2012 8:12pm
  • SCopier
    Joined Sep 2012 | 172 Posts | Status: Member
EJ opened Long

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SCopier Return Today: na
  • Post# 41,933
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  • Dec 10, 2012 10:35pm
  • kotlt
    Joined Jul 2010 | 684 Posts | Status: Member
Quoting traderathome
AU Comment:

Nine hours after your post......looks like profit taking at the highs created by the drive up that started with the US open. This is an obvious Pump & Dump pattern, so more upside is unlikely to soon follow. It is more likely that "down" is coming next, but there might be another temporary hike for accumulation of shorts in next asian session. Of course, that is only a guess. Anything can happen. Overall, this is ranging so we want to be careful if taking a SonicR short setup that there is enough room to the bottom of the range to...
Yeah lucky i do not long AU because ...sleeping . Wait other setup.

AJ have valid short setup?
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Keep Simple...!
  • Post# 41,934
  • Quote
  • Dec 11, 2012 4:24am
  • sonicdeejay
    Joined Mar 2008 | 7,678 Posts | Status: Private Fund Manager @ K2 Capital
News in 1 hr time will set some tone..


Sonic
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Check Forum Page 1,Post 1 <or> www[dot]facebook[dot]com/sonicrsystem
  • Post# 41,935
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  • Dec 11, 2012 4:29am
  • Shooter150
    Joined Mar 2011 | 384 Posts | Status: Member
Entered long EurUsd

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" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • Post# 41,936
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  • Dec 11, 2012 5:01am
  • alrightfrank
    Joined Jul 2010 | 437 Posts | Status: Member
Quoting Shooter150
Entered long EurUsd

Attachment 1097327
watch out both uchf and eu are on top of the dragon, ive been waching this as well but playing it cautiously.
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"The fool says in his heart, “There is no God.” Psalms 53:1
  • Post# 41,937
  • Quote
  • Dec 11, 2012 5:21am
  • kotlt
    Joined Jul 2010 | 684 Posts | Status: Member
UJ long setup
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Keep Simple...!
  • Post# 41,938
  • Quote
  • Dec 11, 2012 5:24am
  • kashTrader
    Joined Jul 2012 | 201 Posts | Status: Member
Quoting kotlt
UJ long setup
There is a lot of resistance just above where U/J is at the moment. IMHO this trade is not worth the risk!
  • Post# 41,939
  • Quote
  • Dec 11, 2012 5:38am
  • traderathome ● Online
    Joined Mar 2008 | 13,998 Posts | Status: Sonic R. System Supporter
GU Comment:

Keep an eye on this one. Floundering in area of previous highs and showing highest trading activity up there, too. This could mean the market is selling off and getting ready to drive it down. Dragon is flat. US open yet to come. Then might be the time, after the US market gets a crack at shorting at the highs. If the London market starts this down, most likely the US market will take it back up somewhat. That play in price could give the Dragon the down angle we look for.
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I am a trader, not a baby sitter.
  • Post# 41,940
  • Quote
  • Dec 11, 2012 6:15am
  • umbro
    Joined Dec 2009 | 641 Posts | Status: Member
I'm sorry to tell you. I didn't understand anything about your comment ! What you're taliking about ? The weather ?
Quoting traderathome
AU Comment:

Nine hours after your post......looks like profit taking at the highs created by the drive up that started with the US open. This is an obvious Pump & Dump pattern, so more upside is unlikely to soon follow. It is more likely that "down" is coming next, but there might be another temporary hike for accumulation of shorts in next asian session. Of course, that is only a guess. Anything can happen. Overall, this is ranging so we want to be careful if taking a SonicR short setup that there is enough room to the bottom of the range to...
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