- #38,167
- Jul 31, 2012 6:49am Jul 31, 2012 6:49am
- | Joined Jan 2011 | Status: my blog www.ijhas.blogspot.com | 1,038 Posts
born to speculate
Sonic R.evolution 95 replies
The System Behind the System, by Merlin Jeffries 16 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
Dislikedcould you explain that a little better please? maybe a picture on what you saw with lines. It doesn't have to be now if you are focused on the trades.Ignored
DislikedSo is this just a triangle breakout and that's it? Or am I missing something on what you saw that made you decide on your long entry?Ignored
DislikedYou can call it a "triangle breakout", "heads and sholders" , "descending triangle", "flag" and aaaaallll other names that those poor waves are being called. Or you can forget about those patterns and simply trade any price action according to waves with Highs and Lows. That's the SonicR.Ignored
DislikedDomas, do you wait until the candle close for entry or just let the buy stop order hit without waiting for confirmation of the m15 candle close?Ignored
DislikedI use SonicR. But when I see figures Chartism I use them. Both are incompatible ?Ignored
DislikedYou don't need any confirmations of candle closes. The idea of Highs and Lows is that it either breaks through or it doesn't. So stops must be there before (if) price breaks them through.Ignored
DislikedSo even if your order is triggered, lets say in early m15 and does not close or break the H for long and the L for short , you are not worried that the trade will reverse?Ignored
DislikedI don't think you fully understand how the entry works. By triggering buystop/sellstop it automatically means that the price has just made a new High or a new Low. Got it?Ignored