Thanks for the constructive criticism. I've tried to focus more closely on my approach this month, and I feel I've made some good progress. Learned some "to-do's" AND some "not-to-do's" that have helped me for sure.

Sonic R. System

50:1 http://www.forexfactory.com/showthread.php?p=5884155#post5884155

Sonic R. System

50:1 is correct. I believe you can "comfortably" trade it, depending on the account balance versus the size of the trade(s). I'm trading a live account, but treating it as a learning experience. I just don't like the illusion a demo account creates. ...

Sonic R. System

What happened was, I set a SL that was waaaaaaayyy too big. I had confidence in the HTF trend direction and believed the PA would turn in my favor. A fatal mistake for sure! I switched from a short-term trade to a long-term trade and paid dearly for ...

Sonic R. System

Msis125125, this might help some. http://www.babypips.com/school/exponential-moving-average.html

Sonic R. System

My monthly progress report..... — This was a rough week. Had to scramble all week but managed to actually gain some ground when it was all said and done. The following chart shows the entire month of July. Just trying to scrape and claw my way ...

Sonic R. System

GK, I'm in the USA and I'm not familiar with Pepperstone. I did a quick search to see what I could turn up, and here's a link for you. http://www.forexpeacearmy.com/public/review/pepperstone.com From what I can tell, you can find good AND bad about ...

Sonic R. System

Actually, it could make things WORSE....if the PA spikes and then turns after activating the first order, you might NEED the other order to activate and cancel the first one. Kind of like a SL, but with the opportunity to run to profit. All ...

Sonic R. System

Your new profile pic maybe? image

Sonic R. System

Maybe, but what if........ .......what if there is just a spike in one direction, just far enough to spark the trade, and then the PA turns and heads in the other direction. The fact of the matter is, we just never know what will happen. Always ...

Sonic R. System

The best stop (especially in a case such as that one) would be to "stop - yourself from placing a trade"!!!!!! That was (and still is) quite a spike.

Sonic R. System

I wish I could say I'm not, but unfortunately I'm FAR from being an exception! If I posted my trades, everyone here would get rich by taking the exact opposite of my trades. heheheeh

Sonic R. System

Hello GK. I too was a little surprised to learn that Vytautas was no longer active on this thread. From what I read, he seemed to have "gotten it" but just three months later he had given up and moved on. Very puzzling.

Sonic R. System

That's a pretty vague statement Alex. Could you expound upon it?

Sonic R. System

for your information . . . . . — Yesterday, I was comparing brokers and discovered that Oanda now allows the use of MT4. When I chose my broker originally, I had narrowed it down to Oanda and IBFX but chose IBFX so that I could use MT4 charts. ...

Sonic R. System

an old adage . . . . — There is an old adage - "opinions are like a**holes, everybody has one!" When you strip away everything else and get down to the basics of SonicR, all of our opinions are meaningless. If you follow the rules of SonicR to ...

Sonic R. System

That is the most confusing chart I think I have ever seen. Don't know how he does it!

Sonic R. System

Thanks for the comment GK, and I also responded to TAH's comment just to clarify what I meant.

Sonic R. System

By "valid" I meant that ALL the SonicR rules were met.

Sonic R. System

Thanks (I think)....my ears are still burning!

Sonic R. System