You have to formulate your own thinking based on the PDF documents. They do not explicitly spell out the conditions for entering trades and this is by design because this system wants you to fully learn how to trade and not just following a ...

Sonic R. System

I don't think those two are the same at all. Dogs and cats are vastly different and pretty clear cut differences but the concept of H-L-LH, while it is clear, the implementation itself is certainly subject to interpretation and one person might view ...

Sonic R. System

Looking at Gupito's chart he did draw the H-L-LH line that he used to qualify the trade as Classic so in his eyes it is a Classic entry. It doesn't look as neat as the examples you showed above but I feel that as long as you know what you're doing, ...

Sonic R. System

Hi Patron, I normally stay out of this kind of dispute on the internet as I find it distracting and pointless. Having said that, I do want to mention that while you make a good example of the Long Classic setup on 15 minutes chart, I think what ...

Sonic R. System

This is my favorite advice. Don't get caught in crazy price whipsaw during central bank statements and stay out of the frenzy. This is a marathon, not sprint! I'd rather chip away slowly every trade methodically than gambling my fortune on what ...

Sonic R. System

Sure yes. My point is that the current whole/half/quarter levels are "sufficient" to complement the Classic Entry for Sonic R!

Sonic R. System

Thanks! There are many trading methods and I feel that the Sonic R is NOT a PVSR based method as the Classic Entry is the bread and butter of this system. Since the SR level is just a complement to the Classic Entry, adding a real SR level is just ...

Sonic R. System

Except these round numbers are where the confluence usually happens. Yes you can draw extra S&R lines but Sonic R is based mainly on the Classic Entry utilizing the Dragon and Trend (with PVSR only as supporting evidence), we probably don't need to ...

Sonic R. System

London Open. Please read the documents on Post #1

Sonic R. System

Speak my mind there. I've been going on "long" JPY position by shorting its pairs across the board with EUR, GBP, CHF, USD. All with very very small starter positions.

Sonic R. System

Yes it is easier if there is a discrete rule of the system where if A is more than B then do C kind of thing but that's exactly the fallacy of EA that TAH mentioned earlier. It might work for a while but I still think that EA should be a secondary ...

Sonic R. System

Gotcha. So you use the wave on the 5 mins TF. Thanks!

Sonic R. System

With all due respect, I am wondering whether this AU Short is qualified as Sonic R short? I don't see a H-L-LH setup before your entry. Your GU short entry earlier at least has that H-L-LH wave.

Sonic R. System

You can't only look at the technical move when trading as sometimes the fundamental news can be used by large institutional traders to move the price more favorably for them before reloading their position. In the case of this long EU trade, there ...

Sonic R. System

Classic setup Short USD/CHF Entry from yesterday when both 1 hour and 15 minutes charts were forming classic setup. Got out before the big upwards move happened as volume starts to pickup at the bottom. 1st Chart is when I got out 2nd Chart is the ...

Sonic R. System

Is this another new testing version of the template? I love the green and red look!

Sonic R. System

Perfect example on why we should only wait until London Session before making trades

Sonic R. System

Ah similar to how MyFXBook doing it eh? That's a good news. Hurry! Thanks for the feedback.

FXCM Discussion

I noticed this too but this is when the classic entry qualifying comes into play. So you established that in a higher timeframe, the volume is supporting a move back up but price is still below dragon. What do you do? Well, you can technically enter ...

Sonic R. System

That's extremely unfortunate. I love the new low spread structure but this is really aggravating My biggest issue is with FF Trade Explorer. I really love being able to see my performance with charts etc but it appears that we can't do that if we ...

FXCM Discussion