Sonic R. System

Quoting Alexan4es

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EURUSD : Are MMs Bulls or Bears In my opinion they are Bears, creating liquidity for themselves to open more shorts. Technical analisys shouts "it cannot be, there must be reverse here, it is unnormal - such movement without notable retraces" But MMs use this "unnormal movement" - all flat strategies crushed, all martingeil strategies crushed. MMs use this "unnormality" to blow accounts. Don't allow to deceive yourself - they are still Bears {image} {image}

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Quoting traderathome

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USDJPY Short Trade Open: M15 Classic. Entry placement okay, but since entry the MMs are running up the price again. Are the MMs bullish? Or are they bearish and stop hunting and filling new shorting orders suddenly placed back up a bit higher? Time will tell. No TP. As for SL, I am watching. I do not intend to add while "red". {image}

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Quoting traderathome

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Congratulations! Sonikers, Congratulations to all of you that have done well this week. You are following the Sonic R. System and are profiting. -tah

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Quoting traderathome

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{quote} AUDJPY Long Trade Update: The MMs have pulled the price back down to the 1/4 Level, possibly a stop hunt of longs, where I have added to this long trade. I would like to comment about adding when a trade is "red". By and large, this is a dangerous thing to do. A trader could simply wait out any retraces that do not reach the SL and if the trader adds, then add once the trade is running green again. This is the prescribed way to do things. However, there are times when a "cautious and reasoned" Scout addition to a "red" trade is appropriate....

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Quoting traderathome

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USDJPY Short Trade Open: I just closed the previous short trade, but PA just struck me as getting more bearish. With still some time in the LS, and in the day, and knowing that sometimes the MMs use late Friday light trading hours to move prices.......well, I decided to join in again. Time will tell. No TP, SL yet. {image}

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Quoting demarko7

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Excellent trading day ! Total gain 135 pips NZDUSD +40 Pips AUDUSD +35 Pips USDCAD +60 Pips Thank you Sonic and Tah and other members who contributed to this thread and templates Regards Demarko {image} {image} {image}

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Quoting MisterG

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What an amazing week ! So many trades , sooo great setups everywhere. This thread is a real tresure for traders. Thank you all for posting, it is a pleasure to learn from such a good traders. I had a good green week too myself. Here is the biggest dissapointment for today , I overtraded a little , entered 2 scouts and lost with emotions , instead of making hundreds of pips I barely made it a breakeven. Lesson learnt. Good Trading All {image}

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Quoting BatmanJr

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I've got 2 lessons on Wed Night trade NJ, NU. I should not trade Scout If I was uncomfortable with red floating I was worrying that will go higher. What I expected is H4 but a little go higher and hit floating most of my commando and turn back to the point I targeted. I've lost 300 $ and got covered 100 $ by the rest of 5 commando that were added in tip of top. Second mistake was to close early in the middle of LS today.It went too far than I expected . If I go wider SL over 200 pips, that is completely double $ but I had a high scary disease....

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Quoting forexn00b

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{quote} This week I booked 1484 pips, with 80%+ accuracy! Maybe I will start posting my trades, I was shy so far. Thank you everyone who is part of this community! {image} Have a great weekend everyone! I closed MT4 for now. FN

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Quoting demarko7

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{quote} Well done man ! Keep it up !

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