Euro is trying hard...
Sonic
Inserted Video
Sonic
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
DislikedSorry. I removed the word method.
That's the thing. Your mistakes become your way of trading. It becomes hard to separate the two. Ask yourself when was the last time you have done a mistake or have been proven wrong.Ignored
Disliked[...] the reason to argue on behalf of the rules is that we need to set a proper path for newbies to the system.[...]Ignored
DislikedFriday is known as a stop loss hunt day for a reason. If you take the BBs out of the market it wouldnt even exist anymore, retail traders are little % of the money flow and they dont move the price, BBs move the price and cause whipsaws-im noob and even I know that. As for TAH's trading methods, its hes money and hes experienced trader, if he has balls to trade without SL I dont see the problem, its not our job to judge him, this thread is here to help others not to judge TAH and spread drama across the forum.
Have a good trading week everyone....Ignored
DislikedHow I wish I was set on a proper path immediately after I got into FX. That would have saved me a lot of money. I shuffled through the posts from two years ago when I joined Forex Factory back in 2009, look what I found:
http://www.forexfactory.com/showthre...67#post2848267
http://www.forexfactory.com/showthre...10#post2858410
http://www.forexfactory.com/showthre...19#post2953219
These posts were in E/U thread. Silly me, I traded the way everyone else did and lost all my capital....Ignored
DislikedYou are making no sense at all, Domas4. Everyone "makes mistakes". Show me any trader with 100% winning trades. There are none.Ignored
DislikedAnd, you are trying to tell folks that heavy hitters in the forex market NEVER drive the price thru levels to run stops and to trigger pending orders into the market. Do you yourself really believe that never happens?Ignored
DislikedMy SL is probably not as wide as it should be, and might have to be moved if a whip up comes into play.Ignored
DislikedI am really trying to make sense, but I am starting to think that my communication abilities are limited when trying to convey another perspective.
So you believe in market manipulation, good. Then why do you trade? If market is manipulated by bad people, you think you can outsmart them? If you believe in manipulation and conspiracies then technical analysis is not for you. As long as you have this perspective, there is nothing I or anyone else can say or do to convince you otherwise.
Here you say your second entry was SC, which is...Ignored
Disliked3. Try telling Sonicdeejay that his SC entry technique is just another form of inability to take losses! I am sure he'll get a good laugh at that.Ignored
DislikedOk, one more things regarding point 3. Can you give me a link where sonic trades Sonic Scout so that I can study it? I haven't seen one.Ignored
DislikedGU:
This is another GU trade. I already have another one running.
EP= 1.5708.
If PA breaks below the previous lows, we could really have some more nice downside. My TP is within the day range. My SL is probably not as wide as it should be, and might have to be moved if a whip up comes into play.Ignored
DislikedDomas4, to the best of my recollection Sonic began talking about the SC entry back in May, maybe around mid-May. I am not exactly sure. You might try going thru Sonic's posts starting back around then, looking for his mention of SC.
Regards,
-tahIgnored
DislikedEU:
Entered short, EP= 1.3802. PA has taken on a H&S look. TP2 would be in the right target area for that, even though it is beyond the day range. Anyway, Dragon and Trend are down, PA is below both, good HL sequences, and........this could be failure at a whole number.Ignored
DislikedGU:
Trying again, short. Pending EP= 1.5785. Two SLs proposed. One for "quiet" period and the higher for if volatility picks up.Ignored
DislikedEU:
I manually closed this trade. After the initial entry (classic SonicR re-entry), on the subsequent drive up I had added to the trade (SC entry). Both parts are now closed.
EP1= 1.3802
Close= 1.3607
Net profit= 193 pips
EP2= 1.3837
Close= 1.3607
Net profit= 228 pipsIgnored
DislikedFound it. So the conclusion was, and I quote:
SS = risky..
SL hit..
Done for the week..
Sonic
http://www.forexfactory.com/showthre...30#post4633030
P.S. I don't see him trading SS today, do you?Ignored
DislikedEU:
I manually closed this trade. After the initial entry (classic SonicR re-entry), on the subsequent drive up I had added to the trade (SC entry). Both parts are now closed.
EP1= 1.3802
Close= 1.3607
Net profit= 193 pips
EP2= 1.3837
Close= 1.3607
Net profit= 228 pipsIgnored