yes, i think it is not sonic!!!
dragon go up and we are over EMA 89
but i am new so sorry if i mistake
bye
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DislikedI tried to use NVO as TAH did.
I saw selling pressure and a wave. Danpa told once Sonicers are also trading waves.
My entry was a FE which cost me 40 pips at eu yesterday but at the time price crosses 114.77 dragon also is going to point down.
This was the logic behind this trade. Thank you very much for your comment.Ignored
DislikedI was reading thru early posts last evening and thought to make a post on EP, as a refresher for Sonikers and folks new to Sonicdeejay's thread.
Sonicdeejay has stated that EP should be decided upon after the candle that runs out of the Dragon is closed, and that EP should be beyond the close of that candle. He has stated that he prefers to select an EP that ends in the numbers "4" or "7", and he also states that he prefers to select an EP that is a mnimum of 10 pips beyond. Reflecting on this, EP should be no closer than the next price that...Ignored
DislikedI prefer to trade 5min charts. Do u think the Ep should be still 10 pips beyond the or is it just a little bit too much for sonic trading on 5min tf?Ignored
DislikedSelenic, the prices are the same on an M5 as they are on an M15. Only the Dragon and Trend Line are different. By using the M5 as your trading chart, you are attempting to "get in early". That is fine, but you subject yourself to greater exposure to "head fakes", or entering on short lived runs.
Nowhere does Sonicdeejay say you should alter the rules for picking EP just because you decide to trade a lower TF chart. You might go back a page and read ddaytrader's post on EP, and consider that approach.Ignored
DislikedThanks for the quick reply. I know 5min exposes me to fake breakouts but really suits my personality more.
Off topic: do u still trade Thv system too?Ignored
DislikedNo. I have to say that I am more comfortable with SonicR because it is less "indicator intensive". I consider Cobra, Caveman, MissPips and others over there as very dear friends. And over time I have upgraded the TzPivotsD indicator for THV. But I am just more comfortable with the SonicR method.....kinda like you are more comfortable using M5 as your trading chart rather than M15....Ignored
DislikedPiphunter, Sonicdeejay's recommended trading hours is just plain smart. Those are the highest volume hours each day; the opening of the euro market which includes the first part of the London market, and the first part of the US market together with the last of the London market. And the higher volume tends to increase the momentum of moves, helping to assure, by and large, better runs than in the other hours.Ignored
DislikedWell, this trade continues to be a big joke on myself. Nevertheless, I have added again. I am running low on enthusiasm for this one, but eventually it will turn.Ignored
DislikedMy thanks to TAH and Mauroby, after your posts i realized that i took a greedy trade which is not related to sonic, only this time PA went in my favor. I moved SL to BE +1 and waiting a proper sonic entry.
Let the market decide...Ignored
DislikedThanks Cardinale
I managed to fumble my way copying and drawing on chart image. Really appreciate your advice
Can anyone tell me in New Zealand time when the London and New York markets open. The vertical time lines on the template I downloaded appears to be incorrect. It is showing the London market opened 2 hours ago. These lines are a wonderful idea by the way
It is 8:04pm where I am right now...Ignored
DislikedAfter finally being able to sort out how to copy and draw on image. I am ready to present my first Sonic R trade using a demo account
After timing I know but hopefully will get better at posting before the event occurs within the next day or two
I have attached 2 images with this message and will post a 3rd in my next message as I have used up the required message space
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