SLV break out up.. Long ovedued..Bullish indeed..
Sonic
Sonic
The System Behind the System, by Merlin Jeffries 16 replies
Sonic R.evolution 93 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
DislikedHey TAH, I noticed that while the original system states that this system is supposed to be traded on the M15 TF, you seem to trade this system on multiple TF's? Have you found that this system works evenly on all TF's or are there some TF's that are better than others? Also, what do you do if signals on different TF's conflict? Say you see a good setup on the 1HR chart, but the M15 chart is showing a movement the opposite direction?Ignored
DislikedIt is not so much actual trading on different TFs as it is looking at the strength of the situation as viewed on different TFs. Certainly, M15 should normally give best scrutiny for entry. But sometimes M15 PA looks to far gone to consider entry. What about re-entry? Looking at larger TF might make re-entry look good to do. That sort of thing.Ignored
DislikedKotlt, I hope you don't mind my commenting. I am just trying to help. Your entry seems late, quite a bit late. Yeah, it could continue up, but with FOMC later any upside might be subject to retrace. A better EP might be had later, or in next asian session.....Ignored
DislikedKotlt, I hope you don't mind my commenting. I am just trying to help. Your entry seems late, quite a bit late. Yeah, it could continue up, but with FOMC later any upside might be subject to retrace. A better EP might be had later, or in next asian session.....
Edit: (Updated chart) Also, note your entry is near a local S&R (red line). You did not wait for PA to test and react to S&R ( finally rejected at half number natural SR area). It might go thru, come back and bounce up= EP, or it might fail, drop lower and build for next move up and thru...Ignored
QuoteDislikedTAH has said the one Main Key Point.
Was hoping Kotlt to figure it out himself by looking and analysing his last 5 trades. There could be other points as well to think about.
DislikedEU Comment:
Friggin' SMs are boring, the way they work every last cent out of this piece of shit. Been holding it up, pumping it up, for ages. You'd think they'd have enough shorts now to be appeased. Or, are they still stuck in long positions they just can't get rid of, no matter how high they pump it? Their greed, or fear, whichever is causing them to control pricing in the manner that they have been doing, is getting monotonously boring....
......and by the looks of it, they are going to just keep doing this crap all the way to Friday and NFP relaease. Heck, they'll probably hike the price to 1.3500-1.3550 for the event.
It is getting to the point that it appears the SM mentality is that by continuously hiking EU, no matter what, other folks will be deceived and jump in long. That would, of course, enable SM to get rid of more of its longs. But maybe folks are thinking differently, and SM is just to full of itself, and arrogant to see it. The higher SM hikes the price, the more others see the desperation in SM to get somebody, anybody, to take it's longs off it's hands!Ignored
DislikedEU: Check the weekly. It is why I suggested yesterday that EU might get rammed above the upper whole number (1.3500) area, and maybe further. By further, the weekly suggests the next area is the 1.3575 area.Ignored
DislikedGU: Although your post was eleven hours ago, I do agree. Look at H1. Easy to see that when MMs moved the price below SR they went "all out" to gobble it up,....twice! In retrospect, this was the purpose of the gap down at the open of the week. MMs were using every tool to get the price down for their feeding frenzy. And now the dragon is angling up, PA is above it, and the Trend Line is leveling off after the 500+ pips drop.
RDH and RWH are converged, and are the top of a single days range. And this is only Wednesday! This means that...Ignored
Dislikedhi master TAH, i'm new comer here (but have read this thread for couple months), want to ask, when will you release your last template ? can the control panel have an option to be located on the subwindow? hope you understand my english
thank you in advance if you answer me.Ignored
DislikedNo. The Control Panel will remain where it is. Though, I will think on this more, relative to any subsequent release.Ignored
DislikedGU enter short. I wanna ask to Master sonic and TAH. is this situation is a valid sonic r setup? Well if in the H1 and i think the majot trend is still down.
However in M15 the dragon is up pretty well.
so far what i trade is good enough. but it hardly reach my TP and SL. I always kind of broke the trade before it reach it. example yesterday i short on EU and pot 30 pips. but it went up during the NY session. it dun reach my TP which is 50. if i dun break the trade it reach my SL which is 20.Ignored