So it wouldn't happen if I went live MT4? Or has this tech issue also been seen by live users. I ike using MT4 for charting, and I would like to trade on it with you folks, but your in-house platform seems so much more stable, both with respect to ...

NFA - "No more Limit or Stop Loss orders"

Well it went from not pretty to pretty ugly to beautiful and back to ugly. Stopped at break even.

Sonic R. System

I'm long the GU at 1.6253, SL 1.6238, TP 1.6303. Its not pretty, but nor much is this morning. It is starting to look like the trading year is over and its time to sit back and wait for the New Year. Then again, leaving the table now we may miss the ...

Sonic R. System

... or ...

Sonic R. System

No. You still are trading a market where price exists outside of our individual brokers. You could only say that you were concerned only with your particular broker if your broker was completely in control of price. Your broker controls the spread, ...

Sonic R. System

Well, we have some kind of answer. Also, if you note the diagonal trrendlines in black you will likely recognize what is commonly referred to as a "bear flag." A good buddy of mine taught me never to sell the break of the lower trend line, but ...

Sonic R. System

This is why volume is really just about useless in forex - the reported volume is the volume of trade at your broker only. There is no exchange. So what might look like a volume spike may be just at your broker, while in the rest of the world, trade ...

Sonic R. System

GJ nailed support and what do you know ... found a bit of buying right there, which is what one expects to find at a support level. The question now is this: Is the buying interest enough to turn the trend from down to up, or if this just a pause ...

Sonic R. System

If you folks don't find this exciting, then nothing will ... GJ is at the point of decision.

Sonic R. System

Is anyone else watching the show the GJ is putting on for us tonight? This is textbook S/R lesson.

Sonic R. System

Look out below! Here is my take on the H4 GJ (keep in mind I do not typically trade the GJ, but a break below that blue line will likely open the door to about a 400 pip drop.

Sonic R. System

GJ is moving too fast for me to get my lines drawn and take screenshots.

Sonic R. System

Are any of you new Sonikers starting to get the idea that there may be something to trading support & resistance? Now, after this bounce off that dotted red line, if price comes back and breaks that level, then it is probably "Look out below!" time.

Sonic R. System

First, may I suggest we stick to the accepted Sonic shorthand and use blue lines for EP and green lines for TP's and red lines for SL's. I do not want to have to think about what I'm looking at when I open a chart. Second, sometimes you need to ...

Sonic R. System

I couldn't have said it better myself. I would only like to add a couple af things to make clear what I meant about the H4, M5, etc. I never said do not look at H4. I look at H4 to identify S/R. I said do not chase phantom trades on H4 like some ...

Sonic R. System

I went back to my trades this week. Here is a long GU that you didn't mention on your chart that I took for +50 TP1 and BE on the second half. What struck me when I saw this was that your trade #3 had an EP that was at my trades TP1. You see, you ...

Sonic R. System

Your trade # 1: I would not have entered short there, as your EP is nearly 30 pips below the lower band of the dragon. A better short would have been the one you didn't mark. I show it on the pic below with a short entry at 1.6270. Your trade #2: ...

Sonic R. System

Here is how I answered two different Sonikers PM's yesterday: "...do not be afraid to ask your questions in the thread itself. I will answer you there. And you are asking good questions - everyone can benefit from your questions." I'm with Domas. ...

Sonic R. System

Excellent share!

Sonic R. System

I read posts and get many PM's from folks telling me that want to be able to trade SonicR like Muhammad and Domas and I. But who is willing to work like Muhammad and Domas and I? Here it is, Saturday afternoon, and look who's doing the work and the ...

Sonic R. System