Sonic R. System

well.. need more practice.. practice.. and practice to get used to it..
and I suggest you, practice this system in demo account first until you get used to it and feel comfort.

Like one trader fr FF said,

Many says seeing is believing...but when comes to trading Believing is seeing...


I suggest u take it slow and do demo...trade demo like trade money and build ur trading style in proper...

Pick up readin on trading book too... Be realistic ..brother...


Sonic

i'm just not used with the market, news, ranging and breakout..... guess not much money to play with already... 48 starting left 17 now.... time to rest perhaps...

Guess i just try till my account really burst ba..... was so happy yesterday made the money.. today met ranging day all gone and add more .... see how tml ba...

i agree with others. try on demo .. get use with market price action..both demo and real account have the same market movement ..

Hi Cp, sorry for the late reply. Freezing my nuts here and a little sick; that's why went to bed early. Don't worry too much whether you get it or not at the moment about the forks. As long as you have the courage to put a fork over the price; that's good enough. The more you practice on it; the more you will be able to 'connect' to the market with the forks. The idea is to try to contain the FUTURE price actions within the Upper and Lower Median Lines. In the case of a Downward Sloping pitchfork; you don't go long against it and vice versa for Upward Sloping pitchfork; you don't go short against it. And at the on start, try not to pick trades that are gyrating around the Median Line (the center line); unless you have a strong feel about market directional bias. There is an example on this chart; look at the small downward sloping pitchfork within the big downward sloping fork. Prices went right up to -119.70+; with pattern and trend line break confirmation (H&S on the RSI by the way); see thread no. 1241 as well for SonicR. (how many confirmation signals do we need really?!! CCI divergence, H&S on RSI, trend line break, Price actions halted on upper downward sloping median line) You could have just shorted it with quite attractive gains there; some -400+ points gain there. What is the next most probable line prices will go to on this move? The next most probable line price actions will go to is the Median Line of the smaller downward sloping pitchfork. The rule of Andrew's Pitchfork is price actions will have a 80% probability of price reaching the next probable median line. This has been statistically provened over more than 100 years since Dr. Andrew using the fork to trade the Dow and various US commodities futures; and such statistical facts apply to ALL markets of interests as well. I just leave you with this thought: Try to get the fork that BEST describes the price actions of the market; THAT will be the right fork to go for. Keep it up, good work on your part...Take care.

Have a good one
Jeff

hello , i'm newbie in FF , but i hav play demo already 2months

sound like this system is profitable

but how to avoid the ranging market?

Dont Trade

Seem like a good day to trade. Waiting for entry signal on long.

already at resistance point and already reaching resistance 2 with fibo pivot.

No one gona declare in advance that we are gona go ranging....

Price Action and Wave Analysis..will help u filter out..ranging stuff pretty well...

Sonic

where were few hours back....

Sonic

so meaning long position seem to be at it's end izzit? hmmmmmmmmmmmm... ok..

waiting London opening.... guess need to fund my account soon.....

How do you guys interpret the below chart. It's pointing towards a short entry,

but on the 15M TF, it can still be represented as towards long....

Shorted at Energy Point with very good buy stop now.

Mind posting chart? Where's the energy point??? O.. i saw the chart liao.. haha...

PS> is there an ebook on the fork you using? jharteam.

ok

Your private email please. It's copyrighted. Reply me using my private email.

The entry is just so dope..Bravo

Sonic

Thanks Bro.

Possible H & S pattern in 15 M EU??
Pic attached prev post..

Sonic