DislikedRight, I am setup & am going to stick with these indicators for at least a month. Just using the Demark indicator as a rough TP1.
Just wondering if I need to offset the news indicator as I am here in Japan and if so, does each pair need to be offset differently? I mean would GBP/USD be offset for the Japan-UK time zone and USD/CHF be offset for US time zone?Ignored
I have done some surgery on your template. I love your colors, but you had so much going on it tends to make it difficult to see what price is doing (after all, we are paid to trade price, right?).
In my opinion, you are falling into the same trap I did when I first started to learn SonicR - I kept thinking I needed to add just the right indicator. I wasted months of precious time and profits trying out every new inid posted here at FF and elsewhere. Everything seemed to work for a trade or two and then it wouldn't work. I'd throw those indi's out as another batch was no doubt waiting in the wings.
Thankfully, it finally dawned on me that the problem was not the indicators, but me. I was not diligently applying my wave analsyis, because I was trying to trade the indicators instead of price.
Once I stopped trying new indi's everyday and settled down to learn wave analysis, I never looked back. In fact, even on the M15 I often am wacthing just a naked chart.
Relax, take some of those lines and scribbles off of your chart, and flow with the waves. You can do this, and you do not need more than 1/2 of what you think you do on your chart.
And thank you again for your template. The colors are excellent for my eyes.
Good Luck,
ddaytrader
PS I am short GU - see if ou can find the SonicR for yourself and I will post my chart in the morning. Right now my TP is at 159.33, and I am going to bed.
Good Night