I switched from spot forex to futures years ago - Trade S&P emini, Euro, and bonds. I am not sure why so many keep beating their head(s) against brick walls by continuing to trade in bucket shops. Good for you for starting a viable futures trading ...

Flag trading the trend

How did SonicR thread get sent to commercial?

Sonic R. System

I've recommended The Disciplined Trader and Trading in the Zone to many apprentice traders over the years. Finding an edge, in my opinion, has always been the easy part. Its the mental and emotional dimension that causes failure in this arena. Mark ...

RIP Mark Douglas

I agree. If you didn't post the entry, it never happened

Sonic R. System

I really should stop in more often. I'm still trading, but mostly US stock index futures and rarely forex. But still using the basics I learned cutting my teeth right here! I hope all is well with you and yours as well, TAH.

Sonic R. System

Sonic, Congratulations on SIX GREAT YEARS of teaching and helping others! -DD

Sonic R. System

TAH, great to see you and Sonic still at it. But Sonic must really do something about you and your aversion to stop losses. Stop losses will make you rich. Good trading to all!

Sonic R. System

I'm doing well, Sonic. How are you? Neat little system the OP put together here. I have been doing something similar on the hourly charts using the 34 ema dragon and the 89 ema.

Simple Money Making Method

I assume you meant a long trade you took this week? According to the OP's system, UTX would have been a long set-up, at least as I understand it.

Simple Money Making Method

See posts 4009 and 5001. Here is a copy for you now (see attached).

Sonic R. System

Hi there, TAH! Great to see you at it as strong as ever!

Sonic R. System

Great way to orient your trades to the market, Basber. I think this could be a very helpful approach for anyone who is struggling to find success as a trader. It epitomizes the "Keep It Simple" rule. I'll be following along ... I wish you the best ...

Daily Break Strategy

I never considered myself dumb, but I sure am patient ... I've been short EURUSD since the end of August, and I have been adding on the way down ... I figure sometime between now and 2016 I will cover those shorts.

Sonic R. System

If that is 14 trades for the week, then that is still too many trades ... if that is 14 trades over two weeks, then that is 7 trades/week, which is still probably over trading, but a vast, vast improvement from the 14 trades per day you used to make ...

Sonic R. System

I get everything but vouches ... in fact, I often get vouches revoked because I tell it like it is rather than play kissy kissy with those who don't get it ... ... and I do not get VSA either, though I am working on it.

Sonic R. System

You know, TAH, some of us were worried about you ... good to see you are alive and well ... and missed

Sonic R. System

"The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to ...

Sonic R. System

I would not say that S/R is subjective, so long as you are using prior highs/lows and breakout/breakdown points as S/R. What makes S/R valuable is that it is visible and objective to anyone who looks for it. The mistake some make is that they think ...

Sonic R. System

Sentiment always reaches extremes at both intermediate term tops/bottom (those lasting days to weeks) and long-term tops/bottoms (months/years). Such extremes, in my opinion, can alert us to look for trade signals and to be prepared to take profits. ...

Sonic R. System

I've been busy busy busy ... no time to post. But I'm not going away again. Just like Sonic, I'm watching and waiting, but also busy with non-trading duties. Tomorrow will be two weeks since TAH took leave ... I hope to see him back soon bright eyed ...

Sonic R. System