Sonic R. System

Quoting traderathome

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NZDUSD Long Trade Opened: Scout entry based on: 1) sudden high incoming volume each of the two times price dropped below the whole number, meaning bulls closing shorts and/or going long, and 2) longer TF is beaish but look at the lineup of NZD releases. Before those releases there could be a good run up to get the price much higher for the next bear move timed to be precipitated by those releases. Then the PA goes bearish - from a higher point than now - in accord with longer term analysis. {image}

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Quoting NewSonicer

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Hi Sonicers, How would broker deal with price that gaps beyond SL or TP? Take for example, GBPAUD, I have an open sell position with TP at 1.7360 - but when the session opens, price actually gapped down to 1.7254 which is lower beyond and without touching my TP price. But my position was actually closed out by the broker at the TP price. Is this the common practice by broker = to close position when price move beyond and without touching TP level? What if it's the other way round - price gaps beyond the SL level - would broker also close your position...

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Quoting Craze

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{quote} I have a similar situation on a gbp pair.Price gap beyond my TP level during session open. Position was closed off automatically at TP price instead of market price - close to 80pips difference.. Emailed my broker several times and explain what if the reverse happen - if price gap beyond SL, i definitely would have to pay for the extra loss. So it doesn't make sense that loss is to be amplified while profits are limited. I was very persistent in my stand.. They did not reply any of my emails at all but subsequently they did make an adjustment...

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Quoting NewSonicer

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Hi Sonicers, How would broker deal with price that gaps beyond SL or TP? Take for example, GBPAUD, I have an open sell position with TP at 1.7360 - but when the session opens, price actually gapped down to 1.7254 which is lower beyond and without touching my TP price. But my position was actually closed out by the broker at the TP price. Is this the common practice by broker = to close position when price move beyond and without touching TP level? What if it's the other way round - price gaps beyond the SL level - would broker also close your position...

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Quoting Craze

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{quote} I have a similar situation on a gbp pair.Price gap beyond my TP level during session open. Position was closed off automatically at TP price instead of market price - close to 80pips difference.. Emailed my broker several times and explain what if the reverse happen - if price gap beyond SL, i definitely would have to pay for the extra loss. So it doesn't make sense that loss is to be amplified while profits are limited. I was very persistent in my stand.. They did not reply any of my emails at all but subsequently they did make an adjustment...

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Quoting adrazz

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{quote} It was a pretty big gap this morning!

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Quoting traderathome

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{quote} {quote} {quote} Brokers, Like the Corrupt Market Manipulating Robber Banks, are Thieves at Every Opportunity,.....Proof! Craze, What you experienced and recounted for us is proof the brokers are thieves, just like the Robber Banks. The fact they did not respond via email was to prevent creating a paper trail of the occurrence which could later be proof of their crime. The fact they gave you the extra profit based on the extra pips between your TP and the opening price of the gap is proof they know they were wrong in first trying to keep...

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Quoting Patron

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tOLD cHAAAA!! Long live the FOREX! Holidays for me! So long, friends!

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Quoting Retsu

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two fast scalps on EU and GU EU 164 points 16.4 pips GU 33 points 3.3 pips {image}

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Quoting traderathome

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GBPUSD: Sonicers, This should be interesting today. A couple of GBP high impact releases are coming in a few hours and already price has been whacked well below RWL. Not only that, but the Asian session MMs have been whacking it more today, ahead of these releases, and with higher than usual volume for the Asian session,....and with a lot of it at the lows when they got the price below the 3/4 level. Are they pricing in bad news, or are they loading up on longs? {image}

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Quoting traderathome

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GBPUSD: Sonicers, This should be interesting today. A couple of GBP high impact releases are coming in a few hours and already price has been whacked well below RWL. Not only that, but the Asian session MMs have been whacking it more today, ahead of these releases, and with higher than usual volume for the Asian session,....and with a lot of it at the lows when they got the price below the 3/4 level. Are they pricing in bad news, or are they loading up on longs? {image}

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Quoting leentjai

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Opened classic Long GBP/USD (scalping) {image}

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Quoting leentjai

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{quote} Quick pips...+75 points {image}

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