DislikedMorning all
Looks to me
good entry and good 3 line target
depends on what u drew that 3 line as target ? Sonic system?
if so can u post tpl
But Trade safe because news today
Bank Stress Test ResultsIgnored
seeing through
The System Behind the System, by Merlin Jeffries 16 replies
Sonic R.evolution 93 replies
Old School Sonic System + Other Things 11 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedMorning all
Looks to me
good entry and good 3 line target
depends on what u drew that 3 line as target ? Sonic system?
if so can u post tpl
But Trade safe because news today
Bank Stress Test ResultsIgnored
DislikedAU:
Possible PA Wave showing rejection (final) at half number area. There is local S&R just above and below the half number. A drop down out of this area would be bearish.Ignored
DislikedNice fly back to support..
I lov ur gut TAH..
U r one hell of trader in a eccentric way..
I m at a hospital waiting for my dad op to finish...
SonicIgnored
DislikedNice fly back to support..
I lov ur gut TAH..
U r one hell of trader in a eccentric way..
I m at a hospital waiting for my dad op to finish...
SonicIgnored
DislikedNice fly back to support..
I lov ur gut TAH..
U r one hell of trader in a eccentric way..
I m at a hospital waiting for my dad op to finish...
SonicIgnored
Disliked... it all bring to the point that how the analysis of "BB actions" can help me to make better trading decisions? I cannot see how, and i don't think i am capable to do so...therefore at this point I don;t consider the BB action as all. I take the shot at the best of my trading ability, if it pay off then it's great. it "they" got me, then I will try another time.
I see the forex market like big African jungle (or eco system), there's lions and tigers (BBs), but every creatures surrive in there own ways,and make good life out of it.Ignored
Disliked1. Aside from that broker being highly recommended by you for live trading, for teaching and showing examples of your method you might consider using some demo account MT4. This should make it easier on you to draw on the chart, and should result in faster comprehension by Sonikers. The only problem is that I don't find "ROC" on MT4. We'd have to find the indicator elsewhere and add it to MT4...Ignored
Dislikedthanks DDayTrader for valuable sharing. I have a questiion regarding SL - how big it is for this strategy?Ignored
DislikedGlad to share, kimis!
The initial stop loss in this system, for shorts, is always above the high price corresponding to the ROC's peak for the pullback. This means the # of pips at risk is usually higher than when you trade the SonicR on the M15. Therefore, you need to adjust you position size and trade smaller for this system. Hence, the "pyramid" approach.
This system let's you get a fairly early start on what might become a good trend move. If you usually trade 100K on an M15 trade, you might trade only 25K to start with this one....Ignored