Does the break opposite a pending order trade then invalidate it?

Sonic R. System

No go? — I saw this short breakout bar, but decided not to act on it because the wave analysis was opposite the set up. Was I right? Were there any reasons I should have taken it?

Sonic R. System

My entries and SL can be seen by the green and red entry lines. As I'm actually trading live no time to fart around with paint, have to watch the trades. P.S. Now i'm in two trades that I really wish I wasn't. (EU long, GU short) Entered just before ...

Sonic R. System

What are you saying that you see it as clear of that resistance?

Sonic R. System

Just took this short even though wave analysis wasn't that good. Still looks good on 4H to me.

Sonic R. System

Stopped out +24. Reversed just below the top of the channel on me & hit 15:00 time.

Sonic R. System

Went to +60 then backed off some tp is +80. Just locked in +20 or so because it's nearing the top of a bearish H1 shi channel, and may bounce off. Comments opinions welcome.

Sonic R. System

Trade went about +40 then backed upa bit and stalled. Since it's pre news I moved my stop to BE. Probably regret it but it's better than a loss due to a spike.

Sonic R. System

I think it may be pre news moves. I think the big boys may be pulling it down to push it back up.

Sonic R. System

I think this GU Long is looking even better, 15M flag just formed. (err I guess its would be more properly termed a penant)

Sonic R. System

mmmm what does that mean, slightly different prices on different borkers? (im with ibfx) Or, that my channel is borked? If the same thing had happened on your screen would you use it as a breakout bar? Or wait for a better one to base the entry off ...

Sonic R. System

Ya I looked at h4, didn't catch the bullish engulfing myself, but it did look like it might be bouncing on the H4 to me.

Sonic R. System

Price went just baaaaaaaarely over the tunnel line visually, didn't even measure one pip. Would that count as a breakout bar, or best to wait for something stronger?

Sonic R. System

What do more experienced sonic traders think of this trade I'm currently in? Idicators said yes. But, it was counter 1H bias and the wave pattern didn't say yes. I took it because of it's middle position in the shi channel, looked like it has room ...

Sonic R. System

Be in front of screen 1-2 hours before ? — I have a question for those who have regularly traded from the U.S. open. To catch any break out bars, if there are any in that session, is it better to get up 1 or even 2 hours before the U.S. ...

Sonic R. System

Heres is the post that led me to believe 10 pips above a break candle was the usual entry. FYI

Sonic R. System

Thanks. I see it is sometimes a judgment call. As I am new to this method I wanted to start with more of stricter entry for practice to keep me anchored. I didn't expext that past the entry the entrance should be golden and make a b line in my ...

Sonic R. System

Thank you. Do you add the spread both long and short?

Sonic R. System

He just says, "a few." Whats a few? 3? 5? 3 + spread? Or just judgment call based on recent S&R & PA? What do YOU personally normally use and why?

Sonic R. System

Sorry ME?

Sonic R. System