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Basber replied May 25, 2010market will always be there ... when I started to be a better trader instead of going after the money, my trading life had changed ... Another thing that I think I should say. I you think a method work, enter on a same risk on every trade. Because ...
Sonic R. System
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Basber replied May 25, 2010Hi DayDreaming, I'm not DP, but if I wanted to take that position, the mentioned support level that I drew in the pic would be my main reason, and It was the reason that I took an early entry on GU long posted above. Anyway, I don't watch this pair. ...
Sonic R. System
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Basber replied May 25, 2010Huge activity at lows. Specially after yesterday holliday in some countries. I have a open long position from early london session, I'll look for break of last obvious high (1.4360) to add more long. No TPs for now ... So in conclusion, I'm with you ...
Sonic R. System
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Basber replied May 25, 2010I personally don't enter those trades, because : 1) I would like to see entry close to dragon 2) I don't like to enter a trade after big bullish or bearish moves. Regards, Basber
Sonic R. System
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Basber replied May 23, 2010Try to trade in more liquid market (like London open and NY open) to ignore false signals due to low volume if you're a beginner. Regards, Basber
Sonic R. System
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Basber replied May 23, 2010Thanks you Danpa, You're absolutely right. It's a tough fight ... But it's worth it
It's my pleasure to be helpful
Regards, BasberSonic R. System
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Basber replied May 21, 2010LOL ! I think you're far away from the easy part danpa
I chosed this signature because I believe every single person can make a profit with this business. That's the "easy come" part. But many of them (more than 95%) can't hold those profits. ...Sonic R. System
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Basber replied May 21, 2010It's not because I became profitable. It's because I've been very busy in past few months. I'll be back on track when things are sorted down here. BTW, well done helping other traders Domas, both newbies and experienced ones. Hope you keep it up
...Sonic R. System
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Basber replied May 20, 2010Hi Sharn, Welcome aboard
The usual money management told you to risk less than 3% (even 1% if you're new to this business) of your account. That means if you have a 400$ account, you shouldn't risk more than 12$ on a single trade. I have a guess ...Sonic R. System
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Basber replied May 12, 2010You are much ahead from many traders, because you know what's your weakness is. Knowledge is the first and strongest step to eliminate or reduce your weak points. You have that and you'll be on track ASAP. It took me 6 months to shift from BE to be ...
Sonic R. System
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Basber replied May 11, 2010Hi BB, First don't try to judge anything in forex in trade by trade basis. you should treat anything in long term and you should make your conclusion with you longterm analysis on anything, not by few trades. Second, see what works for you. If you ...
Sonic R. System
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Basber replied May 11, 2010Hi Richard, Load V3 on your platform and then try to eliminate some indicators to look like the latest charts from seniors. There is no difference between 3 versions, because the bone of method is same in all of them. Just few indicator changed. Try ...
Sonic R. System
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Basber replied May 11, 2010Hi CB, If I saw a good entry and I missed it , I'll enter the trade if price had pulled back. I will not mess with setups that I don't like, specially when they are in negetive pips compare to initial entry. So in summery, I do that alot
Regards, ...Sonic R. System
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Basber replied May 11, 2010Hi Redchic, By this question you're asking him to summerize all things happend, posted and experieced with this system over last 2 years. It's better for you to read the thread from the beginning and try to grasp it BETTER with the help of the ...
Sonic R. System
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Basber replied May 11, 2010Hi Cprao, The bone of both system are the same. both works on price action. no BS indicators. here, we work on waves and there, they work on candle analysis. both are good, and I'm working with both ... If you have time and patience, it's ...
Sonic R. System
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Basber replied Apr 22, 2010I don't use MACD for SONICR. I use it for something else that it has nothing to do with waves. Ignore my MACD when I post my charts
it's not for waves
Regards, BasberSonic R. System
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Basber replied Apr 20, 2010Hi PP, You don't need six sense, neither you can filter all losing trade. Some of them are just losing trades. This business is about probablities. Create your own journal. You can do it on a document on your computer. take a picture from chart when ...
Sonic R. System
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Basber replied Apr 18, 2010Hi Anderou, I just check Waves, S&R and volume for sonicR entry. nothing less, nothing more ... Regards, Basber
Sonic R. System