Advanced SonicR short on the GU EP: 1.6560 SL: 1.6593 (-35) TP's at +40, +55, and +80

Sonic R. System

This is not what it is all about. It is about wave analysis, support and resistance, highs and lows, higher highs and higher lows, lower lows and lower highs. Exactly. Read your quote as I edited it. That is all you needed to know. You saw the Sonic ...

Sonic R. System

The Sonic secret will not make sense to you so long as you are consumed by trying to figure it out. Trust me. Forget about candles. Forget about pin bars, engulfing, shooting stars and all that unnecessary stuff. You will understand what Sonic meant ...

Sonic R. System

I am not sure what you are referring to in terms of "range" and "new range". I am simply looking for something that looks like a Low-High-Higher Low forming at support. I do not know how to explain it other than simply referring back to my chart (I ...

Sonic R. System

It is very important that you are comfortable identifying clear and distinct swings if you are going to trade the advanced SonicR. Also, make sure you place the stop loss under the higher low for longs, and above the the lower high for shorts. You ...

Sonic R. System

Money management is equal parts trading your set ups, letting your TPs hit, and letting your stop loss get hit too. If you cut your profits to avoid a possible loss, you are cutting short the benefits of trading a winning system. Too much thinking, ...

Sonic R. System

It is amazing how simple this is, and many here would benefit from accepting how simple the SonicR is. I would tell you how much I am up this week alone in % terms, but no one would believe me. But I will say this: I am up double digits on a max ...

Sonic R. System

Forget candles. All you need is wave analysis, support and resistance, highs and lows, higher highs and higher lows, lower lows and lower highs. You are confusing yourself (and probably others) unnecessarily.

Sonic R. System

That was some costly advice.

Sonic R. System

TP2 hit.

Sonic R. System

Anchor the fib tool at the 1.4682, second anchor at the 1.4712 swing high, and then pull the third anchor back to the 1.4696 pullback low. Are you pulling the fib tool back and setting the thrid anchor, or are you just planting two anchors and ...

Sonic R. System

And here is how the advanced SonicR looks: 1) Price reaches potential support and forms a possible double bottom from which to trade - we have a possible low 2) Price rallies toward the dragon (it does not matter whether price reaches the dragon or ...

Sonic R. System

I just woke up and see that TP1 was hit for +30. My stop loss is now break even, and I am holding for a possible trip to TP2 for +60.

Sonic R. System

Here's a little advanced SonicR on the EU. There is a 17 tick risk, with TP1 +30 and TP2 +60.

Sonic R. System

Trading in, i.e. during the formation of a daily bar or a four hour bar - but not after the bar has formed. The 15 minute PA gets you into the market well before a "hammer" or "engulfing candle" on these large time frames has formed. The higher TF ...

Sonic R. System

Look closely and pay attention to what Sonic says: "Higher high spotted..let it create higher low ... that will be valid long if we have CCI above horizontal line.." Classic SonicR from a class act - Sonic himself.

Sonic R. System

If you trade based on candles you will get burned. A candle is nothing more than a random and arbitrarily bundled snapshot of price during a randomly selected period of time. Trade price action, not bars, not candles, not "bar by bar." If you are ...

Sonic R. System

I am using UK now. Also, I do not use MT4 for trading. I trade a micro account and not a standard account. Perhaps this is the difference. I honestly have no complaints other than I think that FXCM should have taken steps to hae the US platform ...

NFA - "No more Limit or Stop Loss orders"

Thank you

NFA - "No more Limit or Stop Loss orders"

I have not experienced anything that I would consider to be "antics" nor have I received what I consider to be "very poor order fill" on my traades at FXCM. Overall, I have to confess that I have been satisfied with my dealings with FXCM.

NFA - "No more Limit or Stop Loss orders"