DislikedLet's see if I'm lucky this early morning and bring home some a bunch of pips.
To me, this is a correct sonic setup (according to my understanding). If there are comments are welcome. Good trading week to ALL !Ignored
![](https://resources.faireconomy.media/images/emojis/64/1f64c.png?v=15.1)
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DislikedLet's see if I'm lucky this early morning and bring home some a bunch of pips.
To me, this is a correct sonic setup (according to my understanding). If there are comments are welcome. Good trading week to ALL !Ignored
DislikedI closed the trade with 1 pip gain (better than nothing) because it's too much boring. The market is slow. It's my first trade with the sonic method and I won. I'm happy.Ignored
DislikedUmbro, congratulations on not losing money on that "Sonic R." trade.
1. Outside of LS.
2. Not on M15.
3. First day of week.
All added risk to trading.Ignored
DislikedUmbro, congratulations on not losing money on that "Sonic R." trade.
1. First day of week.
2. Before LS.
3. Not M15.
All added risk. You can see on M15 that you shorted right into a support area. And there the price bounced. The trend is down, yes. The week opened with a down move, but not far. Just enough caused by some early asian session outfits selling off. Now the market is likely to wrestle the price back upwards before anyone proceeds further with selling.Ignored
DislikedTah, thanks for the feedback. Appreciated. I agree with your notes. I use to have these trades with a risk of 7-8 pips and same on the reward during the asia session. The entry is on the the support because if not I cannot make pips. It's a risky trade. I know. I'm at the lower levels of the learning curve (may be not the lowest I hope). I have a question. What kind of trades you take with the sonic setup in the asia session ? Thank you.Ignored
DislikedGood question, umbro. Glad you asked. I've been pounded to mush by trading the asian session, and early days of the week have been the worst. Mid-week might be best, but even then the main course served is shy in pips most of the time. Then, every once in a while, a really good run slips in and beckens traders to resume attempts to trade the asian session as a regular course meal. Bah! Nope!
I scout for good looking asian setups, and have found many. Then they run nowhere, or even reverse. When it comes to the asian session, Sonic R....Ignored
DislikedUCad Commentary:
Sonicers, this one is on the move again, poised at the half number for a breakout to the upside (see M15). The attached Daily chart shows that several days ago the price went up to the TL and quickly withdrew. Since then the price has struck low during what appears to be consolidation (= load up longs). Often PA will hit a resistance, withdraw while the market loads up in preparation for a return run to the resistance with the intent of breaking it out. This might be what has been going on.
Note that the RWH mark is now...Ignored
DislikedI cannot post a chart. I'm sorry to bother again but this support at around 1.29250 is crucial on the eur. What do you think ?Ignored
DislikedIn about 30 minutes we have FO. That market might give some clues. Two hours later we have LO. I think we need to wait and see what the market shows us. I have no idea what will happen. However, it would not be surprising if the market did what it could to pump pricing for awhile, because getting it higher would mean the market could resume selling starting at higher prices.Ignored
DislikedHello guys .. I hope to everybody to have good week with many pips.... Let's take a cup of coffee and wait the market make some sonic r set ups ...
.. On this weekend i make so many backtest and read many conversation on this thread .. Lets see if i improved a little bit ..
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DislikedTime Zone Changes
Sonicers, this weekend London and Frankfurt went off DST, so the FO and LO might be an hour later than you expect, but they are still an hour apart. Over the next several weeks other places will go off DST. Once your broker goes off DST you need to fix the manual input at the top of your Control Panel, so when charting without a live feed, your TzPivots and vLines are proper. With a live feed, everything is already handled for you, meaning the Clock, TzPivots and vLines are ok. Remember, you can use the Clock during live...Ignored