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ddaytrader replied Nov 22, 2009I think your chart looks very good. At the same time, Rastaman, I do not want to influence you to trade in a manner that makes you uncomfortable. I just want to move you closer to SonicR and move you away from some of the pre-Sonic baggage that you ...
Sonic R. System
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ddaytrader replied Nov 21, 2009Your entry was fine, and your exit was fine as a TP1. I was in the same trade, my EP was 1.6625, my TP1 was 1.6575 and my TP2 was 1.6525. Why are you worrying yourself about "cci curves"? Do you even know what the CCI is measuring? The most ...
Sonic R. System
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ddaytrader replied Nov 21, 2009Every Soniker ought to put that on the post it note beneath Basber's "Be More Picky" motto.
Sonic R. System
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ddaytrader replied Nov 20, 2009I trade with FXCM and I have for years. If you are new use their micro account - tiuny tiny spreads and very small position sizes available (you can trade for as little as $0.10 (one dime) per pip. If you are going to commit to learning SonicR, do ...
Sonic R. System
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ddaytrader replied Nov 19, 2009Your stop losses were trailed fine. My entry was earlier than yours, and my TP2 was a bit lower, so I was out with TP1 & TP2 done and filled before the news. Your TP2 was also fine, so long as you took TP1 and moved SL to BE. But if you are going to ...
Sonic R. System
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ddaytrader replied Nov 19, 2009TAH, are you sure it was part of the original Sonic template? If so, then I mispoke above. I thought it was added later. I thought the original Sonic template was the dragon, stochastic, MACD, and pivots.
Sonic R. System
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ddaytrader replied Nov 19, 2009All you need is support and resistance, highs and lows, higher highs and higher lows for a long and lower lows and lower highs for a short, and wave analysis. Do yourself a favor and take everything off except the dragon, the daily pivots, and the ...
Sonic R. System
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ddaytrader replied Nov 19, 2009I think that is a fine idea, TAH. To tell you the truth, once the trade is triggered, I usually move my initial stop loss up the last swing low to beneath the low of the breakout bar or the bar before the breakout bar. I try to eliminate as much ...
Sonic R. System
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ddaytrader replied Nov 19, 2009Moving stop to BE as price has had its chance to test it and now made a new high. No reason to lose anything on this trade. Stop is BE and I'll let the market decide the rest.
Sonic R. System
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ddaytrader replied Nov 19, 2009You are correct ... Congratulations. Now, do not let yourself slip backwards, as it is very easy after a couple of losses to start doubting yourself and then you start the search for the holy grail all over again. Good Luck to you!
Sonic R. System
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ddaytrader replied Nov 19, 2009I don't use any EMA's and I am more of a S/R, Highs & Lows, Wave Analysis kind of guy. As long as entry is above Sonic Dragon, it is a classic. Has not triggered yet, by the way. EP is 1.4894
Sonic R. System
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ddaytrader replied Nov 19, 2009Good Morning, Sonikers! I'm looking at a rather boring, plain vanilla, ho hum, hum drum Sonic long on the EU. EP is 1.4894 and I'll be trading for TP1 1.4934 and TP2 1.4969. Have Fun and Keep it simple, sonikers!
Sonic R. System
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ddaytrader replied Nov 18, 2009I saw your post and I liked several things that you noted. I will get to your questions tomorrow. Have good nght, -DD
Sonic R. System
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ddaytrader replied Nov 18, 2009Rastaman, I admire your hard work and study. Keep it up! -DD
Sonic R. System
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ddaytrader replied Nov 13, 2009Our good friend and fellow Soniker, Muhammad, is getting married tomorrow. Congratulations Muhammad! May God Bless you, your bride, and your families. Your Friend, -DD
Sonic R. System
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ddaytrader replied Nov 13, 2009As a good buddy of mine always tells me, "Don't sweat the small stuff."
Sonic R. System
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ddaytrader replied Nov 11, 2009Cut this sucker loose at break even and calling it a night. I'll try my luck in NY tomorrow.
Sonic R. System