I have 3 trades last week and all turn out to be winners... (I think I happen to share the detailed info of 1 trade, few pages back)...
Have a gr8 weekend everybody...
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
DislikedMuhammad, whats your trade positions on gbp/usd for this weekend?
Thanks.
i have sold at 1.5974 tp @1.5840Ignored
DislikedIt brighten my day...
I have 3 trades last week and all turn out to be winners... (I think I happen to share the detailed info of 1 trade, few pages back)...Ignored
DislikedHi Sonic,
Do you remember early in the thread you used to provide a review of your weekly trades with pics (no picture no post)?
I would really like to see you do that again at the end of each week - a quick chart pic of each of your trades would be helpful to Sonikers new and old alike!
Please ...
Thank you,
-DDIgnored
Dislikedmcf.beyer,
Assuming you are referring to the attached chart, it is a MT4 Fibonacci Expansion Tool study that you are seeing. By default it does not come set up to display the prices on each of the levels. But you can make it so by modifying the data entered under Description, on the Fibo Levels tab of the Expansion Tool window.
For example, if the Description is "62", then change it by trailing it with a few spaces and the percent and the dollar signs, so that it becomes "62 %$". Now that FE 62 level will display the price also. You have...Ignored
DislikedThis post is in response to Pablo's GU trade questions, but it relates to the general discussion of where to put SL.....
Pablo, after you posted your chart (below) you asked if FE and Tps should be "adjusted"....Ignored
DislikedThanks for the charts. I have been using the expansion tool for some time and also added price to each. Would you share what numbers you added? I could not see clearly from the posted chart.
Thank You and Regards,
CigarguyIgnored
Dislikedi want to know something ..... do you guys take the economic news announcement into consideration when you trade .....cos i dont know if i have to trade during the news or after the news plz some one let me know how it goes....Ignored
DislikedHi Riosworos,
For me i don't really care about the news. Check the quote below
Sonikers trade based upon what price's waves are telling them price is doing, and not on their personal opinions and beliefs about what price "should" be doing. - From the Great DDaytrader
sonic r is all about the waves just ride them wavesIgnored
Disliked
Pablo, after you posted your chart (below) you asked if FE and Tps should be "adjusted". I posted a chart with the FE adjusted (below). Now that the NFP furor is overwith you can see how it all turned out (last below). The FE 262 was the only true Tp1 on this trade, which finally went all the way to Tp2 at FE 424.Ignored
DislikedSonic, I have the same sentiment as ddaytrader regarding his request. You are the Master at this. We would all like the support and education such activity would provide.Ignored
DislikedFor me i think the market already knows what its going to do. Yes i agree the NFP does affect the market big time but i think the market already knows what its going to do also there was no true sonic setup on EU just before the market.
Just my thoughts i maybe wrong but what the hell.Ignored
DislikedI need some help from the Sonic family ...
I have some misunderstandings due to some contradictions that I have found regarding entries , according to my insight .
Would appreciate Sonic, DD , TAH , M. & all sonikers comments.
Pic 1 - it's from Sonic's Manual , ex #7. I do not understand what was the entry trigger. I see L,H,HL but no Break Out (BO) of the H. So what is the trigger ? A candle closing above the dragon ? Why not to wait for the BO ?
Pic 2 - it's from Sonic's Manual , ex #7 .I do not see a "proper" wave.
What...Ignored