hey guys, new to fx factory and the sonic system. Been trading it on demo for some while but with great success. starting to trade live today. I am in the eu trade.. What about gbp/usd? maybe a signal in a short time or what do you think? Secondly, what results are you getting with this system, roi per month, success rate etc? any information would be gladly apreciated. p.s, I'm not a newbie so don't stress. :-)
At the time when I wrote that post my bias was down on gbp/usd. Then it moved up through my dragon tunnel. but looking at gbp/usd now, I think the trading range is too narrow at the moment if looking at the shi channel. So I'm staying out for the moment, still in the eu trade though..
can you please explain why 1.6475? Is it because price needs to break the 89 MA as per Sonic's template?
I'm seeing divergence on the QQE + Wave pattern is forming (HH's and HL's).
Thank you
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If you have the shi channel indicator apply it and look at the 15min gu chart. at 1.6475 is the upper resistance the shi channel indicates, the 89 ema is just a visual aid and not a rule in the strategy.. zoom out to a 4 hour chart on the gu and you will also see that the trend is up... and current price is at a 4 hour support (shi channel).. my bias for gu is long, but i also want to see it break the 1.6475-1.6485 levels.
If you have the shi channel indicator apply it and look at the 15min gu chart. at 1.6475 is the upper resistance the shi channel indicates, the 89 ema is just a visual aid and not a rule in the strategy.. zoom out to a 4 hour chart on the gu and you will also see that the trend is up... and current price is at a 4 hour support (shi channel).. my bias for gu is long, but i also want to see it break the 1.6475-1.6485 levels.
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anderou, what shi channels are you using? I'm using those which came with the template (pink - 1H, orange - 1D), could you please explain what you're talking about.
anderou, what shi channels are you using? I'm using those which came with the template (pink - 1H, orange - 1D), could you please explain what you're talking about.
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I am also using the shi channels that came with the template, look at a 4hour chart, draw a trendline and you will see price is trading at the support the trendline gives, which means it may hold or not.. looking at the bigger trend my bias is up.. and for a shorter term direction change to be valid for me I just need to see price trade above that predescribed levels we were talking about (1.6472 at 7:30 gmt) so I would like to see a 1.6485 close... I do not use the 89ma, too much indicators irritate me. Go check that 4 hour situation and you will see what i mean. I just don't want to get short near a 4 hour resistance line..
anderou, what shi channels are you using? I'm using those which came with the template (pink - 1H, orange - 1D), could you please explain what you're talking about.
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snusnufreak i m looking your CCI 34 not use 63 why ?
I am also using the shi channels that came with the template, look at a 4hour chart, draw a trendline and you will see price is trading at the support the trendline gives, which means it may hold or not.. looking at the bigger trend my bias is up.. and for a shorter term direction change to be valid for me I just need to see price trade above that predescribed levels we were talking about (1.6472 at 7:30 gmt) so I would like to see a 1.6485 close... I do not use the 89ma, too much indicators irritate me. Go check that 4 hour situation and you will...
muhammad 989, Why didn't you take the eu trade? any particular reason? sorry for the question but I have been trading the system for a month or so but I am new to the forum, so any advice on the system and how to trade it properly from a seasoned sonic r trader would be nice. I haven't been doing bad I should probably ad also.. :-)
muhammad 989, Why didn't you take the eu trade? any particular reason? sorry for the question but I have been trading the system for a month or so but I am new to the forum, so any advice on the system and how to trade it properly from a seasoned sonic r trader would be nice. I haven't been doing bad I should probably ad also.. :-)
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i just miss that e/u ....if once i miss any position i don't think again that trade even trade fulfill my position .....i was busy my college admission form..lets c i m looking g/u but be care fake break out
