I totally agree with being conservative on counter trend trades. But I believe in CT trades, price can have good retraces, but there should be a good support to go in with such a corrections and give the trade more room to go. Most of the time I ...

Sonic R. System

I recommend that you have multiple TPs, at least 2. You can have more when you're trading with the major trend in longer TFs. It helps to catch the big moves. I usually bring SL to BE when I'm in profit in amount of my SL and close half. For the ...

Sonic R. System

Trading SHOULD be boring, if not, you're going to lose because you're probably going to act on your emotions, not your rules. Just try to stick to your plans. You could've made at least a 1:1 sharpe ratio profit on this one. Regards, Basber

Sonic R. System

You could've took TP1 at your second TP area and let the rest run. Your first TP is not supported with a strong S&R zone even in M15. Another thing is your TPs is too close to each other. The point of taking partial profit is to extend the profit as ...

Sonic R. System

Taking profit is, I believe, the hardest part. You can easily learn a method, even learn the filters which seniors use to narrow down their losses, and learn the tricks of the system in one month or so (IF you are dedicated), but learning where to ...

Sonic R. System

If I thought SonicR won't work, I never would've been contributed here ... My time is precious for me. Regards, Basber

Sonic R. System

I completely believe that you have absoloutly positive intention to reply to Doncex. But as I said, I'm a positive persion in not doubting people, unless their thoughts could hurt me or my money in this issue. He said he made improvements, we made ...

Sonic R. System

In order to confirm your statement, I might add some things : I never risk more than 1% of my account. Sometimes only 0.3% .. Money comes as a result, the ones who risk more than 1-2%, are looking for the profit they could made. That's the way ...

Sonic R. System

I like too see the setup in M15 in such a downtrend for a long setup. Regards, Basber

Sonic R. System

Hi, I really don't understand the point of these kind of conversations. Many times I see some traders want to prove some others somethings that they think it's right. If all the ones who know me check my posts, I never discussed is such topic, ...

Sonic R. System

Me too ... Good job TAH I was glad to see your losses, in a positive way Now it's time to make a real money, I believe. Regards, Basber

Sonic R. System

Although it looks like a very good looking wave and it's going in your favor direction, I don't like to trade it because of the major S&R zone I showed in the pic. The level is not cleared yet. Still average trade of 2 trades per week (some times ...

Sonic R. System

How much do you pay as spread, Doncex ? Regards, Basber

Sonic R. System

Thanks PH for your explanation I'd tested M15 for gold and I got an interesting result, even without trading at major S&R. Just got the wave that forms in proper time. I now wonder if anyone or you tested it on H1 ? for example Daily/H4 S&R zones ...

Sonic R. System

I'm not sonic, but here's my 2 cents .. Volume indicators have 2 disadvatages : First : It only shows the volume traded in a particular broker with presents MetaTrader platform. Second : It's not actually the volume of the trades. It's more like the ...

Sonic R. System

Thanks for sharing Thanks for the heads up Regards, Basber

Sonic R. System

Don't feel good today, it's an US & CA Bank holiday. Careful with these days ... I'm just playing online poker, more interesting than trading for these days Regards, Basber

Sonic R. System

Good day to have a beer and nice movie I don't think I'm gonna trade today either ... Regards, Basber

Sonic R. System

I prefer not to long in this situation (See the pic). I like to see a short setup below this area. Regards, Basber

Sonic R. System

Hi, Yes, there SHOULD be nothing to learn, because technical methods and instruments, like wave or S&R, is the science part of the trading, which I believe includes only 10% of being a trader. I'm not learning anything from technical perspective for ...

Sonic R. System