AJ:
Entered M5 SonicR CT long (EP= 78.45).
Edit: updated pic to show added TP (lower).
Entered M5 SonicR CT long (EP= 78.45).
Edit: updated pic to show added TP (lower).
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DislikedHi all, understand the suggested trading hour as below
1pm-4pm (singapore time)
7pm-11pm (singapore time)
Thru the example, can i presume this is the timing where the setup is good to start taking position ONLY and end it with trailing (no time restriction). is this correct?
But some example was initiated after singapore time 11pm, is that alright?Ignored
Dislikedpos long AU. early positioning but theres HL's setup seen near SR, let the market decide. ill upload the pics laterIgnored
DislikedHi Alrightfrank..,
I see that you use no dragon.., which means u trade a naked chart and u like ur High low or Lower high to be at a support/resistance? Thanks a lotIgnored
DislikedBasically the London session, although sometimes the Frankfurt open brings on an entry (one hour before LO). And yes, the close of the trade can be anytime. So, that would be 1pm-11pm Sinapore, or 2am-12pm EST. The three hour split (4pm-7pm Singapore, .Ignored
Dislikedi used to have a laguerre filter as SR aka (dragon), its just my own preference to train myself to trade naked using PA and SR which is the basis of sonicr.
this one almost killed me...:whew:Ignored
DislikedAJ:
Entered M5 SonicR CT long (EP= 78.45).
Edit: updated pic to show added TP (lower).Ignored
DislikedHi Frank,
If you follow the examples in the buy/sell picture you should be okay
1. What I normally do is to wait for the restest to happen, before entering in any direction.
2. I place the FE tool as shown - it normally gives the stoploss location at the high/low or a few pips beyound it.
3. Collect your money - tp 2 and 3 was hit 127/138 level
Hope this helps.
Regards,
H.Ignored
DislikedHere is the Sonic R System Manual....in short form:
The Sonic R System trades on the M15 chart. It uses PA (Price Activity) and a technical indicator called the DRAGON. Current PA is viewed for a proper WAVE formation to validate a SonicR setup. The DRAGON is used for picking the trade entry. Historic PA S&R is used for picking the trade exit.
more than http://www.forexfactory.com/showthre...03#post4618603Ignored