Disliked{quote} Thanks, cigarguy. But, this is a "no-loss" trade I am making for allisonmagic's benefit. He'll cover my losses if it turns out that way!Ignored
Because we know at some point you will still manually stop it
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Disliked{quote} Thanks, cigarguy. But, this is a "no-loss" trade I am making for allisonmagic's benefit. He'll cover my losses if it turns out that way!Ignored
Disliked{quote} Thanks, cigarguy. But, this is a "no-loss" trade I am making for allisonmagic's benefit. He'll cover my losses if it turns out that way!Ignored
Disliked{quote} Thank you TAH, i've been going over and over the manuals and through the forum.. i just can't seem to grasp the classic trade properly. I'm not over analyzing, i'm probably keeping it too simple oh wait ! here's a good example of my misunderstanding : I check over 15m - 4h TF's .. trying to validate the setup. This is probably giving me a mixed bias on the crosses i'm looking at. I understand PVSRA very well, however.. it gets confusing when i am scrambling over all the TF's at once. A 4h or 1h trend will look a lot different when you...Ignored
Disliked{quote} Thanks, cigarguy. But, this is a "no-loss" trade I am making for allisonmagic's benefit. He'll cover my losses if it turns out that way!Ignored
Disliked{quote} allisonmagic, Yes, it is good to look at WEEK, DAY, H1 charts, to get "the lay of the land", a sense of the larger TF trend. However, remember that the Sonic R. System finds Classics in both directions - trend and counter trend setups - that are perfectly valid! The purpose of understanding the overall trend is so you know if the Classic is for, or against that trend. If the price moves according to the setup, will that be a move with the overall trend, or will it be a retrace move in the overall trend? This is what you need to understand,...Ignored
DislikedTAH, Did you use a SL on that EU trade above? If so how tight? I know that you normally do not. Regards, CigarguyIgnored
Disliked{quote} Thanks, cigarguy. But, this is a "no-loss" trade I am making for allisonmagic's benefit. He'll cover my losses if it turns out that way!Ignored
Disliked{quote} Cigarguy, Tah mention he's not using any SL for that trades. {quote} He don't use SL for most of the trades.Ignored
Disliked{quote} AdrianC Yep, I know that he normally does not. Just curious what allisonmagic's exposure is if he has to re-load his account but hopefully, he won't have too. Regards, CigarguyIgnored
Disliked{quote} TAH, Are you not concerned with quarter number dead ahead even though classic? Regards, CigarguyIgnored
DislikedGood day guys, I tried to analyse AUDCHF 15m TF with PSV this morning, I found a green pin with a huge volume. {image} So I thought this means the bullish MMs at least closed their longs. So if they want to add longs again, they will drive the price down.(I thought it will probably to Fibonacci 61.8%). And I trade then I lost Something must be wrong in my trade... can anyone tell. cheers.Ignored
Disliked{quote} Sonic R. System: Where Should Our Entries Be? Dear Sonicers, Please, take this seriously. You can see from Sonic's pic. that he made a Classic short entry and then he later added twice more while the trade was in the red. But you will also discover, if you carefully study your own charts, that he did so only after: (1) price had already made a tremendous run up, and (2) that there was PVSRA evidence that price was starting to move lower. Both of these entries followed higher "tops". He was not at all attempting to "pick tops". He was patiently waiting for evidence that price might be moving lower. The message that Master Sonicdeejay has for all Sonicers is this...... Enter on M15 per the Sonic R. System. Only add if price is moving in your favor, and that is best done while the trade is "in the green". Warning: be extremely wary and cautious about adding to a trade that is "in the red", even if it does seem that price is starting to move in the direction of your trade.....because we cannot ever know how price will move next! -tah {image}Ignored
Disliked{quote} allisonmagic, I don't know you, but just maybe your over analyzing! Sometimes the KISS method works..I can speak to this because I have suffered from analysis paralysis in the past and still often fight this temptation. Regards, CigarguyIgnored
Disliked{quote} hey guys I still wanna talk about PSV on EURCAD. I buy it yesterday cos it's telling the same story with AUDCHF(although nobody replied me ) I look at H1 TF and I found that the MMs are bulls which is very important. I can't just long it when I see a pin with huge volume. {image} hopefully this time someone would discuss :) and correct me if I was wrong.Ignored