AU:
Entered SonicR long (EP= 1.0143) for maybe a short run to the green area.
Entered SonicR long (EP= 1.0143) for maybe a short run to the green area.
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DislikedAJ:
Closed half at TP1 for 33 pips from EP to TP. This was a late US session trade. Removed TP2 and SL at end of yesterday, not knowing how the asian session might shape up. Later, repositioned SL, which almost got hit.
New, higher TP2 for balance of trade, but it is tentative. SL now a BE.Ignored
DislikedA question TAH.
Wouldn't that trade be contrary to the basic Sonic R rules as the dragon is heading down?Ignored
DislikedCan you pls tell me why EU is behaving like this?
masters TAH,Sonic,Hans? whats going on?
actually this is one of the moment ive been waiting, this is the time where i believe i can double my account hahahah ive been hunting this since last nite.
thanks a lot.
frankIgnored
DislikedActually, the very end of the Dragon was angling up. But, the BBs decided down again.Ignored
Dislikedwhich color arrow is the high ? some say red, some say blue.. wat is the analysis to differentiate?
AttachmentIgnored
Disliked
So does that imply that we should just look at the very end point of the dragon when making a decision, or maybe a few candles-worth back?Ignored
DislikedWhat do you think about placing pending orders in both directions at the time of critical news events. If the event affects the PA, one of the pending orders would catch the wave created by the event. Does this make any sense to try?Ignored
DislikedThat is hedging, and not permitted by NFA in the US. I guess the way around that would be to have two separate accounts, and place the long trade in one account and the short trade in the other account.
Sonic R. is not about trading news. It is about wave patterns, S&R, and the high volume time of the market.Ignored
DislikedI guess my understanding of what hedging is was incorrect. I thought it referred to having two (or more) active trades going at the same time, in opposite directions.
My proposal was to place two pending trades in opposite directions. Once one of them was hit and entered, the other would be cancelled.Ignored