Sometimes you will have losses. But, with respect to the others who responded to you, I would say that none of that matters, not the 89 ema, not the resistance at the trade level, and not the fundamental analysis of the Yen. Here is what does ...

Sonic R. System

I use the one Basber shared in this post (#3349):

Sonic R. System

And correct me if I am wrong, but MT4 is set to GMT and cannot be changed.

Sonic R. System

I have never changed any pivot indi. I doubt the pivot indi's values change dramatically based upon time of day.

Sonic R. System

Hi Muhammad, I'm fine, thank you. I am taking a few days off. I may trade Thursday or Friday, but most likely I will not be trading until next Tuesday. Has anyone heard from Basber?

Sonic R. System

I think that it did not figure in at all. I think some Sonikers were simply looking for a CCI that displayed as a histogram, and that script worked. I think it is actually a modified Woody's CCI. Rastaman - think wave analysis, think highs and lows, ...

Sonic R. System

That might suggest to some that it isn't at all important, especially as some, including Sonic (judging by his recent screnshots), have switched to a plain CCI and only concern themselves with whether it is <0 or >0.

Sonic R. System

Very wise advice, indeed. Always be aware of Bank Holidays, as diminished liquidity often diminishes the effectiveness of technical analysis (which assumes that a market is both freely traded and highly liquid). Also, this week is, for most ...

Sonic R. System

Never said it was new, and never said Sonic invented it, so there is no record to set straight, but thanks for the effort. Did you even read my post?

Sonic R. System

You got it, Muhammad! This morning I decided to look into Raghee Horner a bit, and as a result of my googling I found her blog. I was surprised to discover that she had been calling the 34 ema bands "the wave." I always thought "wave ...

Sonic R. System

Another quick look at the UCAD, and I see two trades - one short and one long, that are much more clear. You should take a look at these. In my opinion, this is the price action for which you should be looking.

Sonic R. System

Trailing stops are a function of trading platforms. Check with your broker regarding availability and use. Rastaman never said he took that trade. You asked a question about an entry point, and Rastaman responded with two potential entries he ...

Sonic R. System

... this is a chart of the S&P 500 e-mini futures contract ... it is a 15 minute chart, i.e. M15. It is right there in the quote you used from my post! Where do you get "pin bar" and H4? Holy smokes, I wouldn't know a pin bar if I sat on one! ES = ...

Sonic R. System

This is M15 ESU9 (S&P 500 e-mini futures September-2009 contract) and these trades were from 8/19/2009. I use Ninjatrader to chart futures, and in my first screen shot I see I did not include the market or the timeframe.

Sonic R. System

Here is a Sonic post that may be of interest: As TAH says, that "single TF" is the M15 for SonicR.

Sonic R. System

Hi Amin, Welcome to SonicR and thank you for sharing! I do not trade oil myself, and I hope you will continue to share your charts with us. SonicR is based on wave analysis, price action, and support and resistance, and because of this it works on ...

Sonic R. System

1) I have no idea what the grey bar on CCI means. When I use CCI at all it is to confirm trend, or to confirm SonicReEntry. 2) I think Rastaman answered this well ... your entry is too late, and would be a better TP1 from an entry point closer to ...

Sonic R. System

Sonic Dragon is 34 ema of high, 34 ema of close, and 34 ema of low

Sonic R. System

And I may be mistaken, but as far as candlestick analysis, Sonic uses this more on H4 than M15. He may use candlestick terminology to answer a question or describe a set-up on the M15, but I do not believe you will see him say "I took this trade ...

Sonic R. System

Hi Juneman, I agree with Ed. I have stated several times that the best you can do for yourself if you are interested in SonicR is: 1) Read the SonicR manual provided in post #1 2) Read and re-read each and every post in this thread. I have read and ...

Sonic R. System