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ddaytrader replied Jul 22, 2009Good Evening, Sonikers! First off, a reminder: Sonic does not recommend trading the Asia session, and in fact, he advises against it. That being said, I do trade during Asia. I keep stops tighter and trail stops closer than during Europe and USA, ...
Sonic R. System
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ddaytrader replied Jul 22, 2009I open one trade. My entry order has a stop loss attached to it and a take profit attached. The Take Profit is at my TP2 target. Once the order is triggered and the position is open, I then manually set a take profit order for 1/2 the position at ...
Sonic R. System
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ddaytrader replied Jul 22, 2009TP1 achieved. The price of my carelessness is at least a 56 pip profit, as 56 pips would now be in the bank and the SL on the second half would be at BE. I am not one to when price runs big without me so long as I did not get a good SonicR. But this ...
Sonic R. System
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ddaytrader replied Jul 22, 2009Here it is - the EJ long that got away all because I was clumsy and careless and entered my entry order incorrectly. EP: 132.99 SL: 132.58 (-41) TP1 133.55 (+56) TP2: 133.82 (+83)
Sonic R. System
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ddaytrader replied Jul 22, 2009EJ long just snuck up on me and triggered. I entered my entry price wrong (I entered 133.99 instead of 132.99 and so I obviously did not get filled). Chart to follow - I'm trying to see if we get a pullback for me to enter on.
Sonic R. System
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ddaytrader replied Jul 22, 2009Well, the short is off the table, at least for now. And the GU is strong right now, and if goes much higher before the pullback, the R/R for a long will not be too favorable as it will run into the upper channel trendline a mere 19 pips from its ...
Sonic R. System
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ddaytrader replied Jul 22, 2009Hi Sonikers! I'm looking at the GU. Right now, I have it set up to be a short: EP: 1.6352 SL: 1.6407 TP1: 1.6300 +52 TP2: 1.6272 +80 This could very easily turn into a SonicR Long instead of a short, and if the little rally so far turns into a ...
Sonic R. System
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ddaytrader replied Jul 22, 2009I think that the Sonic may be referring to the fact that the SonicR M15 TF will show us the right side of the market early, while those waiting to get long on a daily signal should wait until a bullish candle forms. Sonikers will already be long ...
Sonic R. System
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ddaytrader replied Jul 22, 2009Hi there Muhammad, Congratulations! It appears from your chart that your trade hit its TP! I do not know if I would have taken that trade or not. I might have. It is not one that stands out to me, even after the fact, as an "ideal" or "obvious" ...
Sonic R. System
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ddaytrader replied Jul 22, 2009Good Morning Sonikers! I quote you, Basber, because I certainly agree with your sentiment. So far it has been a very choppy couple of days. As you know, I like only to trade the most "clear as day" swings. You and I both are firmly in the "Be More ...
Sonic R. System
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ddaytrader replied Jul 21, 2009Yes Sonic, TP 1 hit for +40, and my stop on the second half is at about is at +12. We'll see what happens ... Thank you, ddaytrader
Sonic R. System
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ddaytrader replied Jul 21, 2009Good Evening, Sonikers, I am short the EJ at 132.995 with TP's at +40 and +60 The screenshot is from my FXCM Trade station. Whille typing this price tickled +20, and during Asia, that is when my stop goes to BE, so this is now either a profit or a ...
Sonic R. System
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ddaytrader replied Jul 21, 2009I trust the SonicR! I trade NY and I trade Asia. I try to keep my eyes open until midnight or so to see if I can idenify a set up that might trigger after Frankfurt/London. For example, the short GU trade was staring me in the face, plain as day, ...
Sonic R. System
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ddaytrader replied Jul 21, 2009Right Basber, just like you post it note - "Be More Picky" Since I do not trade London, there is usually one day each week where I do not get agood SonicR and so on that day, I do not trade. And if I do miss one, oh well, there is always another ...
Sonic R. System
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ddaytrader replied Jul 21, 2009Right here, Allon! Start at page one, study the examples, and tune in here each day. Please post your charts and ask questions. As to how to set up your chart, when I started using Sonic's system, I tried all three of the templates. I ultimatley ...
Sonic R. System
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ddaytrader replied Jul 21, 2009From Sonic post #3624, pg 242 from this thread: I do not think that the dragon's position to the 89 is at all relevant. But you do want the dragon trending up for longs and trending down for shorts.
Sonic R. System
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ddaytrader replied Jul 21, 2009Last night before I went to be, I set an order to sell GBPUSD, with an auto stop loss and profit limit. The result was a 93 pip profit, all while I slept with no need to monitor the computer. This trade will be unavailable to me in a little more ...
NFA - "No more Limit or Stop Loss orders"