Sonicers Makin' Money!
Alkenany, Arun, Riprider and Slider20 have taken money from the BBs!
- #35,305
- Edited 2:32pm May 23, 2012 2:09pm | Edited 2:32pm
My charting for Eu this week 21/5/2012.
And yes Tah there goes the 20 pip rule again which you inquired about some time ago to another trader.
This is the way I trade the Sonic system - on pullbacks/reentrys to well defined areas - ie the 20 pip area.
Hope this helps somebody to look at their sonic entries in regards to their entries
short or long. Ie that you are not taking a short or long in a drop/buy zone.
All the Best.
H.
And yes Tah there goes the 20 pip rule again which you inquired about some time ago to another trader.
This is the way I trade the Sonic system - on pullbacks/reentrys to well defined areas - ie the 20 pip area.
Hope this helps somebody to look at their sonic entries in regards to their entries
short or long. Ie that you are not taking a short or long in a drop/buy zone.
All the Best.
H.
"The future is already written in the past"
- #35,306
- May 23, 2012 7:06pm May 23, 2012 7:06pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
My charting for Eu this week 21/5/2012.
And yes Tah there goes the 20 pip rule again which you inquired about some time ago to another trader.
This is the way I trade the Sonic system - on pullbacks/reentrys to well defined areas - ie the 20 pip area.
Hope this helps somebody to look at their sonic entries in regards to their entries
short or long. Ie that you are not taking a short or long in a drop/buy zone.
All the Best. H.
Many thanks from myself, and I'm sure for so many other Sonicers that struggle to see when SonicR setups are properly placed/timed with PA movements relative to S&R.
Truely great teaching, Hansma.
- #35,307
- May 23, 2012 8:24pm May 23, 2012 8:24pm
Hansma, excellent teaching post! This is the kind of stuff we need more of! SonicR is an excellent trade setup mechanism: PA wave, Dragon-Trend, S&R. And it is this "S&R" that you've pegged in your post. It is what most traders have the most difficulty with (myself included), and yet you depict it so clearly for all of us.
Many thanks from myself, and I'm sure for so many other Sonicers that struggle to see when SonicR setups are properly placed/timed with PA movements relative to S&R.
Truely great teaching, Hansma.
I'll take a look at the past.
Thank you.
AU short
EP:0.9722
TP:0.9656(+64 pips)
SL:0.9760(+38 pips)
R:R: 1:1.5
Thats the end of my 9 consecutive winning trades.
Catchup with you guys next week.
What Goes Up Must Come Down, But When?
MM