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ddaytrader replied Dec 27, 2009That is correct. The reason I suggested removing everything except the dragon was to make it easier for you to see the Highs and Lows in relation to S/R. You need th dragon, because the dragon keeps us safe. It is not 100%, but most of the time, if ...
Sonic R. System
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ddaytrader replied Dec 27, 2009TAH, I am not seeing a SonicR long entry where you placed your entry. SonicR potential long entry would be above this last rally high. Your entry seems to be keyed off a lower high that was printed during the last decline from the open, which was ...
Sonic R. System
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ddaytrader replied Dec 27, 2009Demo trade only until January is best way to trade right now.
Sonic R. System
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ddaytrader replied Dec 27, 2009I'm pulling for you TAH. If EJ takes out the session high, you should be able to uncross your fingers.
Sonic R. System
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ddaytrader replied Dec 27, 2009Our data is a bit different as my broker stopped trading at noon on 12/24, whereas your broker seems to have traded through that time for quite awhile. At any rate, I would also be looking for a long, but I would wait and my entry would be with a ...
Sonic R. System
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ddaytrader replied Dec 27, 2009Had I traded this short, I'd have been stopped out for a -25 to -30 pip loss. But S/R should have kept the alert Soniker either out of the trade completely, or cutting the loss well before price rallied to a full stop out. Others might still be ...
Sonic R. System
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ddaytrader replied Dec 27, 2009Here is what I like to do: I look for high TF S/R, consolidations, etc., and then I look for a SonicR on the M15 in the direction of the higher TF. The EJ looks like it is simply consolidating its gains from the last rally leg from last week. If so, ...
Sonic R. System
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ddaytrader replied Dec 27, 2009Hi TAH, I was just about to post the same SonicR Short. The one caution I see is that price is testing prior resistance as support. Big picture looks like the rally should continue to the next resistance level which is right aropund 132.50. Anything ...
Sonic R. System
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ddaytrader replied Dec 24, 2009Rastaman, What you took for abrasiveness was nothing other than the unvarnished truth. I always told you that you were free to trade any way in which you wished, and I only wanted to make sure that your confusion did not cause other new Sonikers ...
Sonic R. System
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ddaytrader replied Dec 24, 2009Hmmmm
.... Not a SonicR trade, that's for sure. TAH, you are trading your bias, not the chartSonic R. System
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ddaytrader replied Dec 23, 2009Dude, don't you ever stop!? 'Tis the night before the night before Christmas, and all through the world, only one trader stil roams .. yes, you guessed it, it's Trader at Home ... Merry Christmas to Sonic, and to Sonikers all!
Sonic R. System
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ddaytrader replied Dec 23, 2009But you certainly might run the risk of having your analysis lead less experienced Sonikers to avoid solid, profitable SonicR longs, and you will certainly cost some Sonikers-in-Training valuable time by leading them to believe that your "pump and ...
Sonic R. System
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ddaytrader replied Dec 23, 2009TAH: I am going out on a limb here, but I am saying this is a GRAND PUMP TO DUMP! And when it drops, it is going to happen suddenly, it is going to drop fast, and it is going to drop FAR! DD: The organizing principle of "pump and dump" is not sound ...
Sonic R. System
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ddaytrader replied Dec 23, 2009TAH, I am not sure why you keep looking for the short side on the EJ. Eventually, a short set up will occur, but until it does, should we not just go with what price is telling us, which is a series of higher highs and higher lows? EJ has been ...
Sonic R. System
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ddaytrader replied Dec 23, 2009And no sooner did I post this than price rallied to the top of the recent consolidation where it found renewed selling. When I say that SonicR is about Support/Resistance, Highs and Lows, and wave analysis, I am not simply giving S/R "lip service." ...
Sonic R. System
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ddaytrader replied Dec 23, 2009Here is my take on the EJ. While price has rallied from what has been established as an important area of support, it has stalled, consolidating at the recent raly's highs at a prior minor resistance level. I would anticipate that the current ...
Sonic R. System
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ddaytrader replied Dec 22, 2009Here is my demo EU long from last night (no more live trades for me until next year). TP1 hit, and second half stopped at BE.
Sonic R. System
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ddaytrader replied Dec 21, 2009I thought you said point 2. The GU was a + .5 pip (1/2 pip) for a BE trade.
Sonic R. System
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ddaytrader replied Dec 21, 2009Again, not a SonicR concept. This is an example of pure supply and demand, trading range contraction after the preceding range expansion. It is as old as the hills, and nothing nefarious about it.
Sonic R. System