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- FXaddicted replied May 6, 2013
First tp hit on the GBP/USD short +32 pips and letting the other half run, trailing stop of 25 pips. The EUR/JPY short at resistance is currently 45 pips up. Trailing that by 30 pips. Bought some Aussie down at 1.0220. After hitting support at ...
Old School Sonic System + Other Things
- FXaddicted replied May 6, 2013
Here's the chart. Keeping it simple.
Old School Sonic System + Other Things
- FXaddicted replied May 6, 2013
Quite a simple trade to start the day. I'm entering GBP/USD at current levels on the basis of a classic sonic trade. I'm also taking a small trade shorting EUR/JPY at levels of high resistance in a small scalp trade. I'm looking to buy AUD/USD ...
Old School Sonic System + Other Things
- FXaddicted replied May 4, 2013
So I made some great returns trading week. I returned 4.22% for the week. This was just using simple sonic wave setups on the 15 minute time frame. The pairs I traded this week using the Sonic System were the AUDUSD, GBPUSD and USDCHF. I also took a ...
Old School Sonic System + Other Things
- FXaddicted replied May 2, 2013
Another great session trading. I went long EUR/JPY after it found some decent support at around 127.75. I collected 160 odd pips. You can track my trading here:https://www.myfxbook.com/portfolio/finemore-investment/561191
Old School Sonic System + Other Things
- FXaddicted replied May 1, 2013
Nice trading guys. I hit tp on the AUDUSD after entering on a classic sonic setup - seen here url
Sonic R. System
- FXaddicted replied May 1, 2013
Great start to the journal. Built into the position and doubled my exposure to AUDUSD and had a nibble going long GBPUSD. Both have made some decent profit. Will share my myfxbook linked page shortly.
Old School Sonic System + Other Things
- FXaddicted replied May 1, 2013
My first small trade for today (1% risked) is on the Aussie. Possibly a little late. After failing to push past 1.0385 on the second attempt it has headed south. EP - 1.0352 SL - 1.0390 TP - Half position at 1.0331 and other half trailing by 30 ...
Old School Sonic System + Other Things
- FXaddicted replied May 1, 2013
Hi guys. I'll be keeping a journal of my trades here ( url ) for all the old school sonic system fans. Looking also to link my myfxbook page so you can track my results in real time. I'm hoping to generate some discussion and create an environment ...
Sonic R. System
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Old School Sonic System + Other Things
Started May 1, 2013|Trading Journals|11 repliesHi guys, I'll be posting live trades that I take using Sonic system and a couple of other ...
- FXaddicted replied Apr 30, 2013
Note that I am not completely against the idea of scout trades. I think it has a valuable place in a choppy market (80% of the time). I would love to hear more input from sonic on how he in fact trades sonic setups. Why or why not he takes trades ...
Sonic R. System
- FXaddicted replied Apr 30, 2013
I'd suggest that a new thread be created for scout trades. I get the feeling there is some angst at the moment in the thread. Based on how TaH is trading (like a headless chicken) without a hint of discipline I think it can be corruptive and unravel ...
Sonic R. System
- FXaddicted replied Apr 30, 2013
If you keep adding positions, I am sure you're bound to get one right.
Sonic R. System
- FXaddicted replied Apr 30, 2013
Why wouldn't this be a valid scout setup? Is it because the resistance isn't quite strong enough from a longer term perspective?
Sonic R. System
- FXaddicted replied Apr 29, 2013
This is where the new scout system gets interesting, particularly when we had a valid sonic classic long on the euro. I shorted the euro at 1.3099 using the scout system and the round number barrier and previous resistance. Best of luck trading this ...
Sonic R. System
- FXaddicted replied Apr 26, 2013
Completely agree. I brought this up earlier in the week. I think it is intimidating those who are new to the thread and it's not the healthiest of learning environments. I think it would be great if someone could make a youtube instructional video ...
Sonic R. System
- FXaddicted replied Apr 25, 2013
Sonic would you mind explaining why you took this trade? I'm just a little puzzled.
Sonic R. System
- FXaddicted replied Apr 23, 2013
It is a downtrend on the 15 min chart. If you take a look back on the daily there is some decent support around 1.02ish and the volume helps to confirm this 15 min trade in my view..
Sonic R. System
- FXaddicted replied Apr 23, 2013
I am long AUDUSD at 1.0252. SL at 1.0217 Half position target at 1.0278. Other half trailing by 32 pips. Apologies for not posting a chart, currently away from the desk.
Sonic R. System
- FXaddicted replied Apr 23, 2013
Great idea TaH. I will start posting on a regular basis and show why I have numerous clients a money manager.
Sonic R. System