was going to say... where was I on that 319 drop ! ![](https://resources.faireconomy.media/images/emojis/64/1f922.png?v=15.1)
Must be a 5 digit broker...
been a horrible day for the Sonic R - unless anyone disagrees...
![](https://resources.faireconomy.media/images/emojis/64/1f922.png?v=15.1)
Must be a 5 digit broker...
been a horrible day for the Sonic R - unless anyone disagrees...
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Dislikedwas going to say... where was I on that 319 drop !
Must be a 5 digit broker...
been a horrible day for the Sonic R - unless anyone disagrees...Ignored
DislikedTo me..it wasn't a classic sonic R... Kinda late entry...
SonicIgnored
DislikedYup i know it was late..Just trying to show somebody in the room how it works..
CheersIgnored
Dislikedno worri mate...
it should hav been a re-entry with tight SL...
31 pips SL seems low for me..GU can easily wipe you out..Ignored
DislikedEU Watch and Long Trade Update:
The attached M30 chart includes an FR study from which we see the Frankfurt traders completed the retrace down to about the 50% level. And this drive down inspired a lot of trading at the lower prices. I added to the long trade, bringing my average to below the whole number. The SL is reinstated, but slightly lowered. The target is a bit raised to be near the FR 27% expansion level.
As I have already added to the trade, I will forego a SonicR normal entry when it comes, which may be lower than the one shown,...Ignored
DislikedHi I am putting my first post on sonic system.
I have tried to put a set up which I feel is a Sonic Set UP.
CCI >50
Price >89 EMA
Price is making higher low and higher High .
also Price above the sonic dragon channel high.
Is this a valid buy in GOLD (The prices are given in INR 18655 with SL below the channel low 18570. if YES then what should be the reasonable first target for this set UP ?
rgds,
SmokIgnored
DislikedHi, DanPa. My current thinking is that since PA is at an important area, there is no way to be sure of the future direction. For that, we just have to let "....the market decide." Those that truely control which way it moves, may move it either way, and for a variety of reasons....from financial to poitical, and regardless of the real relative values.
Until "the market decides", and we see direction, my thinking is that we have to confine our 'technical analysis' to shorter TFs....that we have to be picky about our setups and very careful...Ignored
DislikedTook TP1 at green line, moved SL to BE.
Pink line is the initial stop before moving it to BE.
Was this well executed?
Edit: SL @ BE just Hit... Basber I just noticed we were on the same one, so I guess my trade was good ha? In your screen shot I see 2 initial SL, is it because you enter 2 seperate lots with diff SL for instance or is it because you enter 1 order but close it gradually as and if it goes against you?
Thanks,
Regards
ChantalIgnored