[quote=lmarti21;2866924] I would suggest that it is best to avoid all indicators on higher time frames. Remember, SonicR is a great system because it is based on Price Action, Support and Resistance, and uses indicators to confirm, not to trigger ...

Sonic R. System

That is good to hear, and I do hope FXCM decides to provide this functionalisty sooner rather than later. As I said, I cannot remember how long it has been since I suffered a requote from FXCM. My orders are always immediately executed. My only ...

NFA - "No more Limit or Stop Loss orders"

I think if the account is over 5K, then you have to do standard 10k. But the account balance can go higher than 5k in a micro account is it is due to profits. I had a lot of requotes with FXCM years ago, but I do not remeber the last time I ...

NFA - "No more Limit or Stop Loss orders"

So if one does not need the MT4 platform, then it would be better to stay with Micro, rather than standard. If it is not out of bounds for this forum to ask, what advanatages would switching to a standard 10K account have over staying with micro? ...

NFA - "No more Limit or Stop Loss orders"

Here is something I noticed that is interesting. I trade with FXCM and have no complaints. In the face of the change to stops and limits, I have started playing with FXCM MT4 demo account. The spreads are outrageous compared to my real account. Does ...

NFA - "No more Limit or Stop Loss orders"

Hi snusnu, First, may I suggest that for higher time frame analysis use a chart with no indicators. You are not looking for SonicR, you are looking for Support and Resistance, and overall trend: 1) Support and Resistance a) prior highs and prior ...

Sonic R. System

Remember, if you don't bet, you can't win. A young trader who I have been helping took the same EJ as you did. She took a loss. But yesterday, a SonicR on the EJ ran for 300+ ticks. You just have to keep taking your shots, and make sure your profit ...

Sonic R. System

I may be wrong, but I think your entry and targets were fine. SonicR is a good system. Sometimes you will still take a loss. The important thing is not to let it discourage you or cause you to fear the next opportunity. Just keep following the ...

Sonic R. System

UJ Potential Short is setting up right now - initial claims first though. I hope the initial knee-jerk is up, because if it is a collapse I will likely miss the entry point.

Sonic R. System

I guess I'm a bit shy. I know that Muhammad has been a great sharer and I thought I could help him out today. I'll try to participate more in the future. Thank you, ddaytrader

Sonic R. System

Hi TAH, I hope you continue to post. I have enjoyed your posts. I do not participate often, but I am here and have been here everyday since January or so. Thank you for your charts, ddaytrader

Sonic R. System

Hi there Ochuko, Would you be able to post some screen shots of your charts and trades? It would be much easier to help you if we could see what you are looking at. Have patience, and share your pictures. This approach does work! ddaytrader

Sonic R. System

And here is the same chart that the short entry after the long trade failed to trigger

Sonic R. System

Here is the same chart with a black line at what would have been the entry point - again, price never traded above the black line, so no entry was made.

Sonic R. System

No, that is not it at all. Price never triggered the long according to Sonic's rules. Both of the traders who took this as a long traded did not wait for a Low - High - Higher low - Higher High trigger. Here is another view of my chart - focus on ...

Sonic R. System

I agree. I do not post here much, but I have been having a lot fo success with Sonic's system since I discovered it back in January or February.

Sonic R. System

EJ is crashing - down 300 pips from entry!

Sonic R. System

Here is my interpretation of current EU price action per SonicR - I have edited the lines to be more like Sonic's conventions: Black line entry point, red line stop loss, blue lines are take profits. This could also very quickly become a short sale ...

Sonic R. System

Your entry point was not in accordance with SonicR as you entered without proper wave analysis. You would need to wait for price to print its high, pullback and print a higher low, and then your entry would be above the first rally high. You entered ...

Sonic R. System

Yes, please.

Sonic R. System