This post is gold... I have only been trading for 3 years but the biggest transition I have made in my trading is not with systems, nor signals etc. If anyone is not lazy and reads post #1 they would see the 5 steps pdf. provided. As well as most of ...

Sonic R. System

A major point of trading and trader psychology is to detach your emotions from your funds. The reason we only count pips in this thread is because lot sizes are personal. We do not have the right to such information other than our own. The only ...

Sonic R. System

EURJPY and GBPJPY: Reduced risk on GJ and added more sell stops 25 pips apart. I have 3 pending sell stops waiting to be triggered on EJ as we have not yet seen a strong test of 140.000 (MM's floating price above to build shorts?) Also a nice 4hr ...

Sonic R. System

I was just about to post that we might see a break of 170.00 this time around!! We will see once we get there.

Sonic R. System

This doesn't sound at all like you are being a student... rather someone who is just criticizing TAH's recent activity. Just because he stops posting his results doesn't mean that he's still not making pips. Plenty of people come in here and learn ...

Sonic R. System

These points are pretty spot on. The one certain thing in all of our trading is ourselves.. so I would say concentrating only on what YOU'RE doing has a significant impact on self improvement. Do not be a part of the herd!

Its Not About Always Being Right

The system hasn't changed which is what I'm trying to say. Just because his view of the market is one way doesn't mean we can't be thinking another.. You can still trade classic entries supported by pvsra.. and you can still trade profitable scout ...

Sonic R. System

I think we should appreciate everything that TAH contributes to this thread. No one is asking you guys to mimic his trades every time he posts up entries. We all need to learn to think on our own. I'm sure most of the people that visit this thread ...

Sonic R. System

Any indicator talk that is not part of Sonic R should probably be discussed privately. There is a reason why this thread has lasted so long and it's because it hasn't changed. We shouldn't confuse any new people visiting the thread. Still holding GJ ...

Sonic R. System

Good morning everyone.. as I study PVSRA I think it's quite critical that when placing scout orders it's best to think about how strong the current trend is. I have really been trying not to add to positions that are strongly trending against me. My ...

Sonic R. System

EURJPY and GBPJPY I was planning on staying out of the market today but I couldn't pass up on these nice classic short setups. Price retested whole numbers 171.00 on GJ and 141.00 on EJ. Nice wave action and dragon trends pointing downward. I am ...

Sonic R. System

With most pairs being in a range I think I'm staying out of the market for today and letting FOMC decide the direction.

Sonic R. System

I believe the amount you are prepared to risk should all be relative to account size. 20% on a small account of $500 is very different from 20% on a $10k account. Psychology of the trader changes entirely when the amount of $'s goes up. It sounds ...

Sonic R. System

Time will tell.. For me atleast when I'm building PVSRA positions I have a mental stop. I hope everyone trading without stops here has an exit plan and sticks to it! When building PVSRA for example my absolute limit of draw down is 10%. As soon as ...

Sonic R. System

I think you guys are underestimating the dollar weakness..but to each his own I see these pairs flying.. all I do is look for the pullback and follow the trend where MM's are adding.

Sonic R. System

Yes thank you Sonic and TAH. I am aware of the downtrend, I took my profit for +43. I admit I got in a little early expecting a correction but I had faith that price would retest the quarter or whole number. My plan was to get out on any higher than ...

Sonic R. System

GBPJPY: Look how sly the MM's were in their thinking. As soon as London closed price plummeted on decreasing volume and they increased trading near 170.00. I see this as bull MM's trying to get the lowest price possible for accumulation of longs. ...

Sonic R. System

Guys please keep the thread clean of your bickering. I'm sure TAH and Sonic would both agree that we are all here to learn. And no I don't run a youtube channel lol.

Sonic R. System

From what I have noticed most of the essential signs we are looking for happen AROUND news releases. Price can be manipulated before and after. PVSRA tells us a story, we need to read it line by line. How does price move before the news.. how does ...

Sonic R. System

Many people say don't trade the news and I strongly agree, but only to the extent that you shouldn't be trading the news AS THE NEWS RELEASES. Once the market settles down we can then take a closer look at what MM's are really doing. There was bad ...

Sonic R. System