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Sonic R. System

  • #7,561
  • Nov 12, 2009 11:42pm Nov 12, 2009 11:42pm
Tick Tick Boom!!!


http://2.bp.blogspot.com/_ylwPTquygu.../s400/boom.jpg
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  • #7,562
  • Nov 12, 2009 11:55pm Nov 12, 2009 11:55pm
Yeah, and still 6 mins before LO. I liked the hammer on M5 which was going in our direction away from the pivot.
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Starting to see instead of just looking.
  • #7,563
  • Nov 13, 2009 12:22am Nov 13, 2009 12:22am
Tp1 hit, closed half and moved Sl to BE＋

It is a free trade now.
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Starting to see instead of just looking.
  • #7,564
  • Edited 12:38am Nov 13, 2009 12:25am | Edited 12:38am
Quoting Rastaman
Tp1 hit, closed half and moved Sl to BE＋

It is a free trade now.
Sonic, Rastaman.....good trading on that GU. Congratulations! While you guys are raking in the dough, my trade is stuck in the mud, and threatening my SL!
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  • #7,565
  • Nov 13, 2009 12:30am Nov 13, 2009 12:30am
Quoting traderathome
Sonic, Rastaman.....good trading on that GU. Congratulations!
Thanks TAH

Snusnu probably got in before we did, he must have TP by now .
Starting to see instead of just looking.
  • #7,566
  • Nov 13, 2009 12:45am Nov 13, 2009 12:45am
Quoting snusnufreak
Morning, guys!
I'm in, the rest is up to the market.

Edit: Closed half @ +25, SL@ BE. My daily target is 40 pips.
Congratulations, snusnu! I wish I had taken that trade.
  • #7,567
  • Nov 13, 2009 1:08am Nov 13, 2009 1:08am
UJ M15: Stopped out.
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  • #7,568
  • Nov 13, 2009 1:14am Nov 13, 2009 1:14am
0.2 lots

EP: 1.6628

Closed 0.1 at: 1.6673 +45 pips

Closed 0.09 at: 1.6684 +56 pips

Left 0.01 in with SL at BE+ 7 pips.


I think I am done. Just going to watch how it plays out.
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Starting to see instead of just looking.
  • #7,569
  • Nov 13, 2009 1:51am Nov 13, 2009 1:51am
Quoting Rastaman
0.2 lots

EP: 1.6628

Closed 0.1 at: 1.6673 +45 pips

Closed 0.09 at: 1.6684 +56 pips

Left 0.01 in with SL at BE+ 7 pips.


I think I am done. Just going to watch how it plays out.
Nice piping Rastaman!
  • #7,570
  • Nov 13, 2009 1:55am Nov 13, 2009 1:55am
Quoting traderathome
Congratulations, snusnu! I wish I had taken that trade.
Thx, TAH!
  • #7,571
  • Edited 2:19am Nov 13, 2009 2:04am | Edited 2:19am
Quoting snusnufreak
Nice piping Rastaman!
Thanks Snusunu and indeed congratulations on your trade.

It is nice to check out the charts in the morning, formulate a possible EP and see it actually happen, or go the other way. Actually it more than nice, it is a Fantastic feat as before joining Forex factory, I did not even know what an EP was even if it bit me in the butt.


That said, I did not like the PA at DR2 so decided to bail out most of the position.


Looking at S&R on H4 I am wondering if there is not another 50 pips left in this trade.
If there is, you can bet Sonic will get em!
Starting to see instead of just looking.
  • #7,572
  • Nov 13, 2009 2:57am Nov 13, 2009 2:57am
Flagging going on right now while PA decides which way it is going to go.

I think, it will continue to DR3 given the trend we currently have.
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Starting to see instead of just looking.
  • #7,573
  • Nov 13, 2009 4:29am Nov 13, 2009 4:29am
Hello,
I have a question about how you manage your position.
With MT4, we cannot close partially a position.
So when we want a trade with 2 TP, how you do that ?
Say we have 1 lot for a trade, with TP1 & TP2 :

 

  1. you open 2 positions of half the number of lots, ie 0.5 lots here ?
  2. You open one position of one lot and open a trade in the opposite direction at TP1 for 0.5 lot, and close all positions at TP2 ?

thanks.


Quoting Rastaman
0.2 lots

EP: 1.6628

Closed 0.1 at: 1.6673 +45 pips

Closed 0.09 at: 1.6684 +56 pips

Left 0.01 in with SL at BE+ 7 pips.


I think I am done. Just going to watch how it plays out.
  • #7,574
  • Nov 13, 2009 4:39am Nov 13, 2009 4:39am
Quoting cignus
Hello,
I have a question about how you manage your position.
With MT4, we cannot close partially a position.
So when we want a trade with 2 TP, how you do that ?
Say we have 1 lot for a trade, with TP1 & TP2 :

 

  1. you open 2 positions of half the number of lots, ie 0.5 lots here ?
  2. You open one position of one lot and open a trade in the opposite direction at TP1 for 0.5 lot, and close all positions at TP2 ?

thanks.

Yes, you can.

I made one 0.2 Long trade and closed it in increments.

You just right click on the trade, choose close trade then alter the amount of the trade you want to close, close it and the rest remains open. You can repeat this as many times as you like.

At least on my Mt4 platform.
Starting to see instead of just looking.
  • #7,575
  • Nov 13, 2009 4:42am Nov 13, 2009 4:42am
Quoting Rastaman
Yes, you can.

You just right click on the trade, just close trade then alter the amount of the trade you want to close, close it and the rest remains open.

At least on my Mt4 platform.
I never see I could do that way !!!
I must try the next time !!!

Thnaks
  • #7,576
  • Nov 13, 2009 4:47am Nov 13, 2009 4:47am
Quoting cignus
I never see I could do that way !!!
I must try the next time !!!

Thnaks

What a shame I didn't see this...
  • #7,577
  • Nov 13, 2009 5:27am Nov 13, 2009 5:27am
Quoting traderathome
UJ M15:

http://cdn.forexfactory.com/attachme...1&d=1258054524

.

TAH,...

Nice template... I think this is the one you refer...
Go ahead... post it buddy...

Chilling with my GU long...and spending time with my family...

Sonic
  • #7,578
  • Edited 7:24am Nov 13, 2009 6:04am | Edited 7:24am
Quoting cignus

What a shame I didn't see this...

No problem.

It was good you asked the question or, you still wouldn't know.

Hope it will be helpful in the future for you.
Starting to see instead of just looking.
  • #7,579
  • Nov 13, 2009 8:25am Nov 13, 2009 8:25am
Quoting traderathome
So don't fret if your pivots differ from another's. And don't fred if PA ignores them all!
As a good buddy of mine always tells me, "Don't sweat the small stuff."
  • #7,580
  • Nov 13, 2009 9:48am Nov 13, 2009 9:48am
My first posting using SonicR.
Gotta love it
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