Regards,
-TAH
The System Behind the System, by Merlin Jeffries 16 replies
Sonic R.evolution 93 replies
Old School Sonic System + Other Things 11 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
DislikedYou entered a bit late. Price might have just found strong support...hammer candle of above average volume. Be careful.Ignored
DislikedNice setup.
Look into your "GMT" and "DST" settings for the Chart Panel. Your vLines are displaying one hour too soon. And if these settings are wrong, they are problably wrong in the TzPivots indy also!
Turn your Clock Panel on and be sure it says "8:00 AM" for NY when price hits the NY line.Ignored
DislikedYou entered a bit late. Price might have just found strong support...hammer candle of above average volume. Be careful.Ignored
DislikedSo I'm trading for a few days with this system and I'm pissed. I haven't lost a single trade which makes me worry. It makes me feel like when you go for the first time in a casino and you win and you think you ll win everything.
Ofc there is an exception here, this is not a casino...
Anyway I have a question. When it comes to use the system to scalp 5min TF can we say it's decent to look for 10-15 pips for an average result ? Or I should always base my TP on the indicators ?Ignored
DislikedI am field testing a new S&R function that I am working on. It seeks out and displays significant S&R levels using fractals, and based on several user inputs. If it proves worthy, it will become an additional function of the multi-function SonicR Chart Panel in the next release.Ignored
DislikedDid you pay attention to this? ......
http://www.forexfactory.com/showpost...ostcount=16322
What does it say about selecting TPs?Ignored
DislikedIt is currently trading above average volume. Today is a GBP Bank Holiday as well as a bank holiday for Germany and Italy. Price seems to be under consolidation....traders "tuning" their positions. Since this already dropped in the asian session, after a gap down open for the week following a grand pump and dump on Friday, I'd expect the consolidation is all about getting in on the short side. The absence of small pumps for better shorting might be because large PPM outfits already have sitting short orders above the current consolidation range,...Ignored
DislikedEU:
We might see something like this today....
Considering today is a Germany Bank Holiday, and the same with Italy, that was nevertheless a powerful torpedo of the price to the lower half number.....and a speedy recovery on increasing volume, too! That smells like the PPMs strategy of.....TORPEDO AND BUY.....BUY......BUY! All in advance of a USD high impact release. Do they know something?
WARNING: Speculation!Ignored
DislikedDon't misunderstand. If the PPMs stopped the drop and are driving it up in advance of the USD high impact release (in less than 4 hours), it might be to have one last opportunity to buy longs low and drive the price up to unload them and switch to shorts before the release!
It could be. So, if you are in long as the time for the release approaches, be careful. This move up could be just a Pump and Dump strategy, with the Dump to be executed when the release hits.
WARNING: Speculation!Ignored