I will try this one for the night... even if i know that SonicR works in London and Nex York session...but...i like to risk some!
EP 1.5409
SL 1.5460
TP 1.5332
EP 1.5409
SL 1.5460
TP 1.5332
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Dislikedjust as promised some trades (demo): closed at avg. +40-50 for 5-6 different crosses..i was a bit disappointed by EU in the afternoon, shld have taken AU or NU ..anyway EU is the best indicator for AU,NU,UCAD,UCHF and crosses accordingly... JPY are a bit tricky to me but works fine as well..
i think with time we shld trade without any indicator...as it s just a 'simple' 123 breakout (waves) = or + fibo projection...
thnks again mateIgnored
Dislikedok u can see on the 1st chart EC 5m didnt work out.. ok hard to say what exactly happened BUT: candlestick pattern cld warn me of possible pullback...
the angle of swing is lower than previous (losing steam?) and
needed to confirm on m15 chart... (2nd chart)
for conservative maybe trade on m15?Ignored
DislikedBut I Experienced Dragon Tunnel And 89EMA Are The Ones I Want To Be With (Including NVO) Because They Filter Many False Signals.Ignored
DislikedOk, I am pulling the trigger on USD/JPY.
At this stage, I don't really care if it wins or losses.
If I get my SL hit, I will make one more trade today.
Price closed slightly above dragon retraced to just below the dragon, we have that N like look about it. Let the market decide.
EP=90.35
SL=90.00
TP1=90.60
TP2=90.96Ignored
DislikedI will try this one for the night... even if i know that SonicR works in London and Nex York session...but...i like to risk some!
EP 1.5409
SL 1.5460
TP 1.5332Ignored
DislikedI will try this one for the night... even if i know that SonicR works in London and Nex York session...but...i like to risk some!
EP 1.5409
SL 1.5460
TP 1.5332Ignored
Disliked1) Trading System (And Trade Management)
2) Money Management (Low Risk , 1% - 3% For Beginners)
3) Psychology
If You Become Weak In One Of Them, You'll Fall. Be Careful.
You Are Understanding This System Very Fast, And That's Making Me Concerned.
I Hope You Do Not Trade It On Real Untill You Master All Three Aspects That I've Mentioned.
BasberIgnored
DislikedStopped out at 90.00
THIS WAS A GREAT LESSON.
.
.
.
I truly believe that in this first live trade, I got my SL hit.
It taught me a lesson, I shall never forget and in a strange manner, it could possibly be a good thing as a first win may be worse than a loss psychologically in the sense that it may make us throw money management out of the window. This way, MM is firmly kept in the picture.
Come on Rastaman.....Lively Up Yourself, Man!
I am off to find a better trade and pull the trigger on it ASAP.Ignored
DislikedThank you Basber for your concern...
I am live... i trade based on SonicR and another system i have; if i dont fell the pain, i am not learning! i know me very well!
of course , in demo account i am always a winner, what i want to learn is trade live in harsh conditions!
So, here i found a very nice playground...and i enjoy!
Regards,
DanPa
ps: i an not overconfident, but when i enter a trade i do it with all my power!Ignored