How f'ing stupid do they think we are? "To prepare for the UPGRADE?" They only upgrade is to FXCM's bottom line, that is, if many customers stay behind for the account reaming. You will not catch me with any fx bucket shop again - foreign or ...

NFA - "No more Limit or Stop Loss orders"

I have moved entirely to futures - 6E for the EU, 6B for the GU, 6J for the UJ, 6A for the AU, 6C for the USDCAD, and 6S for the USDCHF - just be aware that certain of the futures trade inversely to the spot pairs. The spreads are fine, and yes, you ...

NFA - "No more Limit or Stop Loss orders"

Missed you buddy ... welcome back, Basber!

Sonic R. System

Averaging up (when short) and averaging down (when long) is a recipe for disaster. If I may say, TAH, and please take this as a warning from a concerned friend and not as a harsh criticism, but you trade too much based upon what you think that the ...

Sonic R. System

At the very least one might have noticed that over the last two months, when you see a SonicR long you should buy the GBPUSD not the EURUSD, and when you see SonicR shorts setting up on both, you should short the EURUSD and not the GBPUSD. Buy the ...

Sonic R. System

1) I did have a picture. Did you not read it? it was a screen capture of a page from the .pdf of Carter's Trading Plan. Not only did I have a picture, I attached a copy of a trading plan that should be helpful, to Sonikers new and experienced alike. ...

Sonic R. System

I would suggest that anyone trying to learn SonicR disregard the talk of "syndicates." It does not work this way. Thinking this way will only hurt your ability to read what price is actually telling you. This is from John Carter's Trading Plan, and ...

Sonic R. System

No Picture, No Talk! SonicR Thread Rule #1!

Sonic R. System

Yes, you are correct. I tend to cut trades that do not go my way right away, and n that way I do things a bit differently. My main point was that SonicR is not win-only system. There are good SOnicR trades that make profits. There are good SonicR ...

Sonic R. System

I love these posts ... "Why did this not work properly?" It worked fine - it was a good set up that resulted in a losing trade. For what it's worth, I exited at breakeven. I was stopped in and price could not hold the break out for even a minute or ...

Sonic R. System

Good Day, Sonikers! I'm considering this possible SonicR Long ont he GU as the Cable looks to extend its rally after this pause (a pause that refreshes? we shall see)

Sonic R. System

Good luck in your new position, Muhammad. I too am still bearish the UJ ... my third TP for the Big Picture short is 89.33

Sonic R. System

TAH, you do realize that if the market were as manipulated by a few insiders as you seem to believe, technical analysis would not work as it does. In fact, the supporting premise of technical analysis is that it works only in freely traded, liquid ...

Sonic R. System

I went with the EJ as it had been stronger than the UJ.

Sonic R. System

I do not know. Like I said last night about my own short GU trade - sometimes it is helpful to take all the extraneous stuff off of my chart, and scrunch as much data in the price pane as MT4 wil allow, and then all of sudden, things look different. ...

Sonic R. System

Now, TAH, that is the same old FE, with profit targets at the 1.61, 2.62, and 423 fib levels (I choose not to junk my chart up with too much data, so I call them profit target with the price level on each line). Anchored at the high, low, lower high

Sonic R. System

Or, UJ short set up ...

Sonic R. System

We're talking S/R, dude. H4!

Sonic R. System

I'll start us off, Muhammad, as I think this is a great idea. I am on "SonicR Watch" for a short SonicR on the UJ. As you can see on the H4, Price rallied above resistance, tested that resistance as support, rallied to a new high, and then fell back ...

Sonic R. System

I thought I saw a bully flag!?! I did! I did! I did saw a bully flag!

Sonic R. System