Inserted Video
enigma4x
p.s. ask orbital for proof
mmm 34 trades avg rr 1:3.13 /week
0.5%-1% per trade risk
is that amazing ???? - nooo - patience and discipline - not more
enjoy my life ... and ride the waves - all what I do 
- #24,141
- Edited 12:55pm Jul 30, 2011 10:25am | Edited 12:55pm
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
enigma4x
p.s. ask orbital for proof
mmm 34 trades avg rr 1:3.13 /week
0.5%-1% per trade risk
is that amazing ???? - nooo - patience and discipline - not more
- #24,142
- Jul 31, 2011 4:56am Jul 31, 2011 4:56am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
http://www.youtube.com/watch?v=BxsTm...feature=relmfu
enigma4x
p.s. ask orbital for proof
mmm 34 trades avg rr 1:3.13 /week
0.5%-1% per trade risk
is that amazing ???? - nooo - patience and discipline - not more
"Being picky only cost your time - not MONEY"...Hans
- #24,143
- Jul 31, 2011 5:17am Jul 31, 2011 5:17am
- Joined Aug 2010 | Status: Tööröh | 14,292 Posts
http://www.youtube.com/watch?v=BxsTm...feature=relmfu
enigma4x
p.s. ask orbital for proof
mmm 34 trades avg rr 1:3.13 /week
0.5%-1% per trade risk
is that amazing ???? - nooo - patience and discipline - not more
Hero calls followed by margin calls...
- #24,145
- Jul 31, 2011 10:10am Jul 31, 2011 10:10am
- | Joined Oct 2010 | Status: Hunt the pigs | 422 Posts
sure high risk etc....but i always use to say ''it's possible...'' , but than it's more s.th like a challenge rather than a well thought trading plan to earn consistently money to make a life out of it....
32 trades per week, sounds like scalping.. you wouldn't get 32 setups per week by trading M15... well done..
seeing through
- #24,146
- Jul 31, 2011 10:35am Jul 31, 2011 10:35am
- | Joined Oct 2010 | Status: Hunt the pigs | 422 Posts
that was the weekly plan, and 4.5 days later. ...
two trades taken, all winners, 176 pips banked, and one small long still running with Stop @ BE.
Just follow the plan, and $$ in the bank., it's that simple..
call it a week, going away for ski.. good luck ..bros
in addition to the soinc R rules, I have two conditions for the setup to take:
1. the setup must establish at major S/R level.
2. in M15 or M5 must shows reversal pattern, with the near-term S/R
flip, and tested, see attached chart example.
this two condition also used in my scalp trades, very rewarding so far.
for those want to improve trading skill, my advise is : "learning is the path of self discovery". you must pratice the methold that proven by others, and discover what elements holding your back and made bad decision. don't change system,or find excuse. the problem is inside your self. this thread has more than enough knowledge and example to show you how....the next step is do it by YOURSELF..
seeing through
- #24,148
- Jul 31, 2011 12:29pm Jul 31, 2011 12:29pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
in addition to the soinc R rules, I have two conditions for the setup to take:
1. the setup must establish at major S/R level.
2. in M15 or M5 must shows reversal pattern, with the near-term S/R
flip, and tested, see attached chart example.
this two condition also used in my scalp trades, very rewarding so far.
for those want to improve trading skill, my advise is : "learning is the path of self discovery". you must pratice the methold that proven by others, and discover what elements holding your back and made bad decision. don't change system,or...
- #24,149
- Edited 1:19pm Jul 31, 2011 12:52pm | Edited 1:19pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
I have very narrow range to start this week.
possible long entry at gold support with conditions:
a. one of the gold support test and hold well.
b. seeing M15 trend reversal singnal forming around the gold support
c. other Sonic R rulls fill.
b. all above conditions must be filled
possible short entry at the three red resistant level.
a. H1 see reversal pattern
b. see near-term support level flip as resistant level, and tested
c. other Soinc R rulls fill.
b. all above conditions must be filled
For readers, those "other Sonic R rules" are:
1. London session
2. Proper PA Wave H-L-HL for longs, and L-H-LH for shorts
3. Dragon angled up for longs, and down for shorts
4. PA is above Dragon for longs, and below Dragon for shorts
5. SL is somewhere before beginning of PA Wave leg1 to before beginning of PA Wave leg3
- #24,151
- Jul 31, 2011 1:39pm Jul 31, 2011 1:39pm
- Joined Feb 2009 | Status: Trading in the Zone | 1,766 Posts
- #24,152
- Jul 31, 2011 1:48pm Jul 31, 2011 1:48pm
- Joined Feb 2009 | Status: Trading in the Zone | 1,766 Posts
For readers, those "other Sonic R rules" are:
1. London session
2. Proper PA Wave H-L-HL for longs, and L-H-LH for shorts
3. Dragon angled up for longs, and down for shorts
4. PA is above Dragon for longs, and below Dragon for shorts
5. SL is somewhere before beginning of PA Wave leg1 to before beginning of PA Wave leg3
As far as your rule "1", that is your rule. There is nothing wrong with the US session at all. Sonic advises against trading Asia only session. I, on the other hand, have traded Asia with more success than not, but that is me. But to say that the only way an American can trade SonicR is to get up in the middle of the night to trade the London open is preposterous. I have never done that - at least not on purpose. I like my sleep, and I like SonicR. Believe me, you can have both by sleeping when it is sleep time and trading SonicR during the US session.
As far as rule "5" goes, with all due respect, TAH, you are the last one who should be giving SL advice
- #24,153
- Edited 3:06pm Jul 31, 2011 2:40pm | Edited 3:06pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
As far as your rule "1", that is your rule. There is nothing wrong with the US session at all. Sonic advises against trading Asia only session. I, on the other hand, have traded Asia with more success than not, but that is me. But to say that the only way an American can trade SonicR is to get up in the middle of the night to trade the London open is preposterous. I have never done that - at least not on purpose. I like my sleep, and I like SonicR. Believe me, you can have both by sleeping when it is sleep time and trading SonicR during...
....Rule #1 is NOT MY RULE,....IT IS SONIC'S! And I am tired of going around with you on this one.
"1. Nice Trading time periods, that have major movement.... UK is the main centre of Forex and UK/US session overlap has a lot of movement too....
" - Sonicdeejay, post #12.
Since the beginning of his thread, Sonicdeejay has repeatedly referred people back to this statement, encouraging them to only trade the London session!
As regards #5, about the SL placement, here too I have only stated what has been recommended by Sonicdeejay. And I am not "giving advice". What I am doing is summarizing the basic rules. Yes, I have not followed #5, which is to be corrected in my future trading of pure SonicR. I do not understand you sometimes, ddaytrader. Just because one might not follow a rule (though they should), does not invalidate the rules passed on by them, does it! So why do you distort, and put it as though I am giving advice? ....or, as though I have no right to state the rules because I have broken them? Ease up, my friend!
The fact that you, and anyone, can trade the asian session profitably, does not change the basic "rules". Of the 5 rules, there is not one of them that cannot be broken, and the trade still come profitable. But that does not mean the rules should not be what they are. Those rules were set down by Sonicdeejay to minimize risk, that's all. And any Soniker can do what they want with them,......just don't say they aren't the rules simply because they are not what you follow. And don't write as though I have no right to list the rules simply because I have not always followed them. I have not followed the SL rule, as you so eloquently stated (
), but I still admit it is the rule. I have broken every rule, often, but I still accept them for what they are, the best rules to follow to minimize risk. And I feel I have every right to repeat them.Regards,
-tah
- #24,154
- Jul 31, 2011 3:53pm Jul 31, 2011 3:53pm
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
Inserted Video
enigma4x
enjoy my life ... and ride the waves - all what I do
- #24,155
- Jul 31, 2011 4:26pm Jul 31, 2011 4:26pm
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
enigma4x
enjoy my life ... and ride the waves - all what I do
- #24,156
- Jul 31, 2011 5:50pm Jul 31, 2011 5:50pm
- | Joined Jan 2011 | Status: Just a trader of trades ... (5 | 1,439 Posts
took my first eu m1 entry - first trade of the week - sleeping trade risk only 0.25 %
I´m to to lazy and tired to monitor this trade - my it works or not - it is´nt important
I think it was a good entry in m1
sl about 10 points ...
so let the market decide
enigma4x - I ride the waves - all what I do
enjoy my life ... and ride the waves - all what I do
- #24,157
- Edited 7:44pm Jul 31, 2011 7:17pm | Edited 7:44pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
- #24,159
- Jul 31, 2011 7:51pm Jul 31, 2011 7:51pm
- Joined Feb 2009 | Status: Trading in the Zone | 1,766 Posts
ddaytrader... I have not followed the SL rule, as you so eloquently stated (
Regards,
-tah
Ahhhhh ... come her, ya' big lug
- #24,160
- Jul 31, 2011 8:00pm Jul 31, 2011 8:00pm
- | Commercial User | Joined Mar 2008 | 9,080 Posts
UJ:
Orange is key S&R on this pair right now. PA dropped thru it, up to test it, driven down and driven back up thru it. Then down to test, and now moving up. Not the London session yet, however. So another pullback possible then.
Edit: TP2 reached, also just above range high for the day. It was a good place to take profit (2nd chart).
Just a start of the week, ur already pipping..
Sonic