To achieve my goal (Achieve 5% consistently every month by the end of 2014, thanks Michael) I have to start this journal. Try get a routine, try to figure out what is missing and what's to leave out. Welcome on the first step of my last discovery journey.
A. Key points to remember:
1. Follow your rules
2. Be patient
3. Stay focussed
Consistency is key.
B. Elements of the strategy:
1. Weekly bias (with S&R)
2. Daily bias (with S&R)
3. EMA system of SonicR
4. Waves & Candlesticks
5. Volume
6. Open interest or Sentiment
1. Check the news events
2. Look at the weekly bias
3. Look at the daily bias
4. From 2 & 3 decide which pairs to keep an eye on
C.1 How to determine the weekly bias
To decide in which direction our bias will be, we look at the previous week candle. If previous week we had a strong bullish candle, this week we will be bullish too. And vice versa. [Picture 1] After that first strong bullish engulfing candle our bias for the next week would be bullish. We would only look for bullish opportunities.
C.2 Daily bias [-> To explore : Sonic uses the 4H too]
Knowing what our weekly bias is, we take a look at the daily bias. In C.1 [Picture 1] we had a bullish bias. Lets assume that the daily chart looks like [Picture 2]. After the close of candle 1 we wouldn't be trading. After the close of candle 2 (Hammer) we know that our daily bias is aligning with the weekly. For that reason, at the start of candle 3, we start looking for long opportunities on the 15M chart.
D. Trading itself:
So we checked the news, we have our daily bias aligning with our weekly bias. The next step is to take a look at the 15Min chart.
Lauda : Niki Lauda, saw the move Rush and it made something click.
-R : A big winck to the SonicR thread, it's definetly a must read
http://www.forexfactory.com/showthread.php?t=114792 
