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    • jharteam replied Jan 9, 2009

      Bro, take a rest, don't get hook on the markets like a drug addict. It will drain the energy out of you and when you have no energy; you will lose your concentration and you WILL lose monies. Chill out ... go out have a walk or eat some nice 'street ...

      Sonic R. System
    • jharteam replied Jan 9, 2009

      [quote=sonicdeejay;2459273]Look at EJ... They push the price up up to hit short's SL and eat up Short poisitons while luring Long positions to jump in... Once the pivot is hit (look at circle)...it pull the price down to eat up Longs.... ...

      Sonic R. System
    • jharteam replied Jan 9, 2009

      I agree, Horizontal lines are always better in terms of judging whether it's a real break out or not; I don't use sloping trend lines anymore as I believe Median Lines will take on the importance of all lines on my trade entries. Have a good one Jeff ...

      Sonic R. System
    • jharteam replied Jan 9, 2009

      AFTER ALL the figures are out and WHEN the market stabilize. Traders don't trade the figures for an anticipated move. After being an FX human brokers for years, I have seen enough idiotic bank dealers and brokers trying to take on economic figures. ...

      Sonic R. System
    • jharteam replied Jan 9, 2009

      yeah I got my -100+ ppts alright; when price actions couldn't take down my support Median lines. Now, Gbp/Usd is totally weird to me and don't understand her anymore; I'll leave her to go bonkers .... for now...I'm more interested on Eur/Usd now, ...

      Sonic R. System
    • jharteam replied Jan 9, 2009

      Re: 5-Minutes Gbp/Usd — That requires your fingers to be quite nimble for these scalps; lots of interplay here but still tradable as far as I'm concern. Take care Black Fork >> Bull Red Fork >> Bear Blue Fork >> Support Have a good one Jeff

      Sonic R. System
    • jharteam replied Jan 8, 2009

      Hi Bro: Yeah, it was all smooth sailing in the HSIF; shorted the damn thing 5 minutes later after opening with break of OR; made some -300+ points on that; but monitoring , trading the FX along with HSIF just burns me out on and off and today is one ...

      Sonic R. System
    • jharteam replied Jan 8, 2009

      Re: 5-Minutes Eur/Usd Update — Well, looks like I pulled the trigger a bit fast to stop myself out of the long position; and my decision was totally against the 'story' being told by the fork. That's it for me today; not in a fit psychological ...

      Sonic R. System
    • jharteam replied Jan 7, 2009

      Re: 5-Minutes Eur/Usd — Longed Eur/Usd 1.3617 Initial Stop: 1.3580 (Moved) Sell Stop: 1.3595 I'm out at 1.3610 as Gbp/Usd resolved as expected to the down side. Looking to short Gbp/Usd now with good pull back

      Sonic R. System
    • jharteam replied Jan 7, 2009

      Re: Gbp/Usd 5-min Update — Looks like we've got a head & shoulder here resolved. And Gbp/Usd's up rise isn't sustainable at the moment. Shi Channel and 50% Schiff are loosing their juice to hold on....Awaiting for the next sling to short. ...

      Sonic R. System
    • jharteam replied Jan 7, 2009

      Great Stuff from Jesse Livermore, Sonic! When you are doing nothing, those speculators who feel they must trade day in and day out, are laying the foundation for your next venture. You will reap benefits from their mistakes." ~Jesse Livermore

      Sonic R. System
    • jharteam replied Jan 7, 2009

      Eternalrealm: All the rules of SonicR & the one you mentioned last night about looking for patterns are broken here. Sonic is right that the market is very random at times and these are the two things that NEED to be followed; disregard of whether ...

      Sonic R. System
    • jharteam replied Jan 7, 2009

      shorted at 1.3522, and flat at 1.3474. price actions weren't touching the Median line of the red fork; hagopian rule applies here; that's another rule in pitchfork: price actions should reach the NEXT possible median 80% of the time; if it fails; ...

      Sonic R. System