EU GU m15
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- #4,422
- Edited 9:29am Jul 31, 2009 6:38am | Edited 9:29am
- Joined Feb 2009 | Status: Trader | 1,292 Posts
Trading methods are designed to put the odds in our favor, not predicting.
- #4,423
- Jul 31, 2009 6:42am Jul 31, 2009 6:42am
It's great isn't it. I am working on some of the same issues as you. My problem is I think too much and ignore what I see happening-I hesitate and watch the big move happen without me. Nobody ever increased their account doing that. I also have cut my profits short when I could have picked up extra pips.
Thanks to the traders and Sonic, I know I will become a better trader. Congrats on your week! Enjoy!
lmarti21
- #4,427
- Jul 31, 2009 10:47am Jul 31, 2009 10:47am
- Joined May 2009 | Status: step into liquid | 3,459 Posts
- #4,428
- Jul 31, 2009 11:04am Jul 31, 2009 11:04am
- Joined Feb 2009 | Status: Trader | 1,292 Posts
So my setup was ok, it was just freaky friday and end of the month maybe?
Lesson learned!
thanks
Anyway, See How Proper TP Will Make You One Of The Profitable Ones When Many Other May Take Some Losses On Their Trade Or At Best Make BE.
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
- #4,429
- Jul 31, 2009 11:08am Jul 31, 2009 11:08am
- Joined May 2009 | Status: step into liquid | 3,459 Posts
I Myself Personally Will Not Trade After UK Session On Fridays. I Mean Even In US Session, I Usually Stand Aside
Anyway, See How Proper TP Will Make You One Of The Profitable Ones When Many Other May Take Some Losses On Their Trade Or At Best Make BE.
Regards,
Basber
Have a great weekend!
- #4,430
- Jul 31, 2009 11:11am Jul 31, 2009 11:11am
- Joined Feb 2009 | Status: Trader | 1,292 Posts
I missed the boat on cable-watching video instead. lol Waves were flat prior to break out, made a break low-then took off, bye bye!
Freaky friday!
) As You Can See, Even There Is No Proper Volume For Such a Move. It's Friday And That's Why It's Moslty Recommented To Not To Trade In This Particular Day. I Had Many Many Losses Due To This Crazy Moves. That's Why I Don't Have Any Feeling When I See This Kind Of Moves. And I Just Analyze The Move And It's Effect On The Market.
I'm Sure You'd Missed The Boat If You Didn't Watch Your Movies
Have a Nice Weekend Everyone. I Love Weekends Because It's Perfect Time To Study
I Prefer Reading Psychological Subjects For Weekends. It Makes Me Refresh For The Incoming Week And It's Like a "Heads Up" At The Beginning Of Every Week So I Will Not Forget My Ego The Upcoming Week. I Suggest You All Put Some Time And Experience It. It Works Very Well For Me Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
- #4,431
- Jul 31, 2009 11:16am Jul 31, 2009 11:16am
I Don't See Any Wave Formation For Missing This Boat. Don't Get Gloomy If Price Leaves Without You. (I'm Not Talking Just To You, Maybe Your Not Becoming Sad, I Just Want To Use Your Words To Say This
As You Can See, Even There Is No Proper Volume For Such a Move. It's Friday And That's Why It's Moslty Recommented To Not To Trade In This Particular Day. I Had Many Many Losses Due To This Crazy Moves. That's Why I Don't Have Any Feeling When I See This Kind Of Moves. And I Just Analyze The Move And It's Effect On The Market.
I'm Sure You'd...
very very nice ~
i didnt miss da boat btw
i think i miss the Cruise to holiday
trade safe
- #4,432
- Jul 31, 2009 11:19am Jul 31, 2009 11:19am
I Myself Personally Will Not Trade After UK Session On Fridays. I Mean Even In US Session, I Usually Stand Aside
Anyway, See How Proper TP Will Make You One Of The Profitable Ones When Many Other May Take Some Losses On Their Trade Or At Best Make BE.
Regards,
Basber
I have alot to learn my friend, alot to learn....things are not as yet crystal to me as they are to you. But i will not give up. I've been hanging around these forums since 06 and have yet to find a system that seems to be consistent and simple enough as this one. I also havent seen good traders like yourself as forethcoming with information consistently as in this thread without ego, if ya know what I mean. I am greatful. I have been trying to study the packet you and Sonic put together but the examples of trades don't show to my old eyes too well. If you have something you can share on that note I would appreciate it.
thanks again.
L
- #4,433
- Jul 31, 2009 11:40am Jul 31, 2009 11:40am
- Joined Feb 2009 | Status: Trader | 1,292 Posts
I have alot to learn my friend, alot to learn....things are not as yet crystal to me as they are to you. But i will not give up. I've been hanging around these forums since 06 and have yet to find a system that seems to be consistent and simple enough as this one. I also havent seen good traders like yourself as forethcoming with information consistently as in this thread without ego, if ya know what I mean. I am greatful. I have been trying to study the packet you and Sonic put together but the examples of trades don't show to my old eyes too well....
).Your Old Eyes ?! Hmm ... How Old ?!
It's Not Just To You, It's To Anyone That Still Are Searching For A System That Works (I Liked Sonic's Signature About This !!) :
I Don't Want To Say What System Or Method Is Better, The Thing I Want To Emphasize Here Is : At Least Stay With a System Few Months, And Then Find Out That It Fits You Or Not. Because I Believe That Even If You Find a System That Many Traders Proves That If Works, You May Take Some Losses In First Few Months, Because You Don't Know Finesses And Details Of That System Or Method. But I've Seen So Many Newbies (I'm Not Talking To You Sir !) That Want To Find A Profitable System Or Method In 1 Month And Master Everything And Become Rich And Things Like That. Believe Me, It's Not Possible. I'm Putting 10 Hours/Day (5 Hour/Day On Weekends) On Studying, Backtesting, Forwardtesting, Reading, Sharing, Searching And Things Like That ! So Get Up And Work A Little Bit, Because If You Want To Make Some Money, You Should Treat This As a Business.
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
- #4,434
- Jul 31, 2009 12:02pm Jul 31, 2009 12:02pm
- Joined May 2009 | Status: step into liquid | 3,459 Posts
I Don't See Any Wave Formation For Missing This Boat. Don't Get Gloomy If Price Leaves Without You. (I'm Not Talking Just To You, Maybe Your Not Becoming Sad, I Just Want To Use Your Words To Say This
As You Can See, Even There Is No Proper Volume For Such a Move. It's Friday And That's Why It's Moslty Recommented To Not To Trade In This Particular Day. I Had Many Many Losses Due To This Crazy Moves. That's Why I Don't Have Any Feeling When I See This Kind Of Moves. And I Just Analyze The Move And It's Effect On The Market.
I'm Sure You'd...
I also believe that you need more than one tool in the tool box. Sonic system is definately in my tool box, but I also use others when they are applicable. For example I like all range breaks for quick pips. I also like pivot points for when the market is doing it's thing.
Have a great weekend and I will see you next week!
- #4,435
- Jul 31, 2009 1:21pm Jul 31, 2009 1:21pm
You're Quite Welcome. I'll Be Happy To Help, In Any Way Possible. Sometimes I'll Post Some Entries And Re-Entries To Understand The System Better, But I Don't Know What You Need To Know So I Could Help. Could You Clarify It More So I Can Help (If I Could
Your Old Eyes ?! Hmm ... How Old ?!
It's Not Just To You, It's To Anyone That Still Are Searching For A System That Works (I Liked Sonic's Signature About This !!) :
I Don't Want To Say What System Or Method Is Better, The Thing I Want To Emphasize Here Is : At Least Stay With...
Thanks for the words of wisdom. I definitely can relate. At this point since I am been layed off from work (economy sucks!) I have finally gotten some "free" time to actually devote to studying forex correctly. I've tried everything from paid subscriptions to paid EA's and nothing I believe is better then learning for yourself what works for youself. Everyone's style is different, however subtle it is the change.
On the what I need help with topic, I believe it is in identifying the proper wave forms for possible entrys. As simple as sonics post 5 is with regards to the rules, it tends to get a bit foggy on pure identification. I'll keep looking at the examples throughout the thread to clarify.
age...funny you ask. Actually, 44 years ago today i took my first breath....lol
L
- #4,436
- Edited 4:27pm Jul 31, 2009 3:11pm | Edited 4:27pm
- Joined Feb 2009 | Status: Trader | 1,292 Posts
Thanks for the kind words. There is always another day and another trade. You are very helpful and I appreciate how you will explain things to the new traders like me. Some people just ignore me.
I also believe that you need more than one tool in the tool box. Sonic system is definately in my tool box, but I also use others when they are applicable. For example I like all range breaks for quick pips. I also like pivot points for when the market is doing it's thing.
Have a great weekend and I will see you next week!
Hmm ... I Thing Ignoring Is Much More Harder Than Being Ignored. Because If You Want Things For Yourself, You Are In A Horrible Hollow. Those People Moslty Forget Where They Came From. They Where Just Like You, But Most Of Them Came Up With Help Of Other Experienced Traders. Too Bad Human Mind Is Very Oblivious. I Love To Help People In Any Way. Any Way Possible, Because I Always Remember The Ones Who Helped Me
2) I also believe that you need more than one tool in the tool box.
I Suggest To Work Just With SonicR. DD Is Doing Great Using One Toolbox. After Mastering This System, See IF IT'S NEEDED Add More Tools. But Adding Tools Now Will Make You Confused. Just Take A+ Setup With SonicR System And I'm Sure You'll Be Fine
3) I like all range breaks for quick pips.
I've Worked With Breakout Systems Alot, But I Think SonicR And PA Is Much More Reliable. Like I Said I Think It's Better To Concentrate On One System First, Then After You Mastered SonicR, You Can Combine It With Breakout Or Any Other System That You Like If You See The Need. I Worked With a Breakout System For Past 6 Months, But NOW I'm Putting It Aside. Because I Don't See The Need
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
- #4,437
- Jul 31, 2009 3:33pm Jul 31, 2009 3:33pm
- Joined Feb 2009 | Status: Trader | 1,292 Posts
Thanks for the words of wisdom. I definitely can relate. At this point since I am been layed off from work (economy sucks!) I have finally gotten some "free" time to actually devote to studying forex correctly. I've tried everything from paid subscriptions to paid EA's and nothing I believe is better then learning for yourself what works for youself. Everyone's style is different, however subtle it is the change.
On the what I need help with topic, I believe it is in identifying the proper wave forms for possible entrys. As simple as sonics...
For Clarifying The Waves , I Think There Are Several Steps/Ways :
1) Read And Analyse The Examples Carefully. What I Did When I First Joined This Threat, Was This :
When You Are Watching The Examples, Put a Paper Or Any Solid Thing On The Price, So You Can't See What Happens Next, Then See How The Waves Was Found. That May Help You. I've Put Many Examples In Manual That There Was At The Entry Time And The Other One Is The Result. I've Like Many Other Traders Post My View Before Taking The Trade, At The Time That I Took The Trade And The Result Of That. (Like EJ Yesterday)
This Step Is The First, But I'm Sure After Doing This, You're Not Easily Seeing Waves WHEN THEY ARE FORMING. Then Do This :
2) Try To Backtest With The Program That I Attached. (If You Have Any Question Working With This Program, I'll Be Glad To Help)
3) Try To Take Trades With Demo. Trade Live.
4) Share Your Live Trades So We Can Help You.
I Know You're Doing 1 And 3. But I Think Backtesting Will Make You More Comfortable Identifying The Waves.
Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
- #4,438
- Jul 31, 2009 7:18pm Jul 31, 2009 7:18pm
- Joined Sep 2008 | Status: Trader | 2,298 Posts
Starting to see instead of just looking.
- #4,439
- Jul 31, 2009 7:30pm Jul 31, 2009 7:30pm
- Joined Feb 2009 | Status: Trading in the Zone | 1,766 Posts
