Stick with what you are doing - I learned SonicR using precisely what you are using - the original QQE & CCI. Keep it simple right now - those will serve you well. Do not meander off into this thread looking to try every indicator that has been ...

Sonic R. System

Indeed, many problems, but let us start with your trendline. Why do you place your trendlines as you do instead of across the low prints where it belongs? The market dictates where the trend is, my friend, it is not subjective. -DD

Sonic R. System

Sorry, I do recall that now. I became confused as to who has PM's me about things like this - You are not the only one in this thread currently in a big loss without a stop loss. If you were to read my PM box, you'd be surprised by how widespread ...

Sonic R. System

Now, if I had just listened to myself, I'd have done no worse than breakeven. But since I got cocky, i.e. succumbed to hubris, I end up having a good winner turn to a loser. Thankfully, I use my stop loss, and so the loss was small compared to my ...

Sonic R. System

Where are you long from and why are you trading without a stop loss? -DD

Sonic R. System

112.26 and then 112.03 are levels to watch ... break and hold below 112 could mean 600 pip drop in the works ... not bullish this pair until a close above 34 ema. -DD

Sonic R. System

I never was able to make much use of volume analysis myself, and though I tried it when it was first introduced here in the thread, I gave it up real quick, and I have never looked back. If it works for others, so be it. Youhave to use what works ...

Sonic R. System

But it displays an "8" in the output window of the indi. I don't have MT4 on this computer, so when I get to my other one, I will take a look. I know that what I had been dooing, is setting both for "2" If you set both for "2", does it then look ...

Sonic R. System

Yes, and you should not underestimate the importance of those pullbacks to prior breakout levels. In fact, when starting with this strategy, I would suggest that if trading real money, then only take those signals that occur as price tests prior ...

Sonic R. System

Thank you for your efforts and talents, TAH, you never let us down! I would suggest that we do not need the "signal" line, and that it could, and likely would lead to needless confusion. You have perfectly captured the need for and ...

Sonic R. System

That being said, I'm buying more if we trade above 1.4525 (it is at 1.4518 at this moment) ... My stop on the whole thing will be 1.4417. This thing looks like it is ready to go to the 1.50 handle quickly. If not, I get stopped out ...

Sonic R. System

Ding ding ding - Yes! In a downtrend, an oversold reading or level is not a signal to act against the trend. In a downtrend, an overbought reading is a signal that you should get ready to position yourself in the direction of the down trend as it ...

Sonic R. System

No problem, TAH. What I meant, my good friend, is this: taking your example, the USDCHF, this pair is in a strong down trend, and should not, so long as that down trend is in effect, ever be considered "oversold." So long as the downtrend is in ...

Sonic R. System

I prefer to enter much closer to the dragon. You have identified important S/R levels, but I would hesitate to initiate or add at those levels. I think of those levels as "No Fly Zones," as in "those signals don't fly up there." Don't follow the ...

Sonic R. System

I've been watching the same thing - has me very cautious - closing positions, taking profits. I am a bit fearful of being on the wrong side of a midnight presidential press conference. I wish they'd decide to default or not, so that the market can ...

Sonic R. System

If the order does not fill, look to see what momentum (ROC) has done and take cues from that ... I know that is an unsatisfying answer, but it will have to do for now. If I am entering on a stop, then I will use 1-5 pips or so depending on how ...

Sonic R. System

You are on the right track, in my opinion. Have you read much of the thread? I highly recommend Muhammad's early posts and then read his latests posts. He has an eagle eye for trading with the trend.

Sonic R. System

You might be bearish, but methinks the market had already decided that it was bullish. You were not listening to the market. Perhaps you were listening to TAH

Sonic R. System

Sonic School Trading Hint — Trading Hint: There is no such thing as overbought in an up trend, only oversold. There is no such thing as oversold in a down trend, only overbought.

Sonic R. System

Welcome, Anthar ... do not be shy, and post your set ups as you see them. The best way to learn SonicR is to get involved in this thread. Good Trading to you, ddaytrader

Sonic R. System