I've closed trades that I knew were good just to free up margin. Sometimes, a trade gets extensive and when in profit, freeing up margin is a good trade-off as now we can look for greener pastures.

Sonic R. System

Tymedu, Once again, excellent post on how to detect strong trend changes. The price wave pattern of a current trend cannot be negated by just one small break in the pattern. The two HL's broken followed by a LH and then even yet another LL is good ...

Sonic R. System

Candlestick analysis and how it can relate to PVSRA: image

Sonic R. System

And look at that heavy selling afterwards! Just as much volume as the candle that drove prices up there.

Sonic R. System

EU M1 Analysis: Lots of BEAR action on the M1. image

Sonic R. System

Thank you kdxrider3, The position is open so anything can happen. But we do have added confirmation from knowledge of what the MMs have been doing. And that is much thanks to TAH for PVSRA, and the many other contributions of others here to help ...

Sonic R. System

EU: That's 34 scouts Tah. image

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Tah and Msis, I've sent you guys an updated version of the beta with.... automatically updated so as many as you want. -qFish

Sonic R. System

Thanks Tah, Nice. I've forgotten all about them as I shoved them to the backseat during my focus on half and whole SRs. Gotta remember to use them too.

Sonic R. System

Not at all Tymedu. These trades are perfect to learn from. I didn't even notice the green ema89. And this makes me think, the 1HR EMA89 is an M15 EMA180, which is very close to the... you guessed it... the EMA200, which we all know is a standard EMA ...

Sonic R. System

Thanks! I was sure that was what you meant. -qFish

Sonic R. System

Tymedu, This is a great post. Shows that NOW is the perfect time to look out for ideal classic sonic short entries. We can see the first two signals were not perfect but were early signs of reversals. They may not have been profitable, but they are ...

Sonic R. System

I just wanted to clarify (correct me if I'm wrong) but he is actually bringing the average price AWAY from his original position, and into a BETTER position. Just wanted to make sure that's what you meant. -qFish

Sonic R. System

I am in the process of reading that book! Hopefully it'll provide me much insight into my trading.

Sonic R. System

Haha. Too many thought provoking posts. I think I'm learning myself as I write.

Sonic R. System

Ouch. Can you say... SL taking!? And the price snapped right back.

Sonic R. System

Amazon collect customer statistics. What they like, what they don't like. What causes them to buy on impulse. Brokers, (I am assuming) may collect the same statistics. What kind of client behaviors do they have? Do they like to trade small or large. ...

Sonic R. System

Actually, we do care. Aim for sniper entries, you can average down near reversal and scale-in during your profit run. The traditional good money management system you speak of does indeed work, for the very few 5% with lots of experience and skill. ...

Sonic R. System

Tymedu, We can only play the best we can and prepare for the worst to come. No one really knows what is going to happen. But it's how we handle it when it does that matters. And you've handled it quite well IMHO as you further took advantage of the ...

Sonic R. System

Haha. Thanks mouldy! And they probably have much much more tools than just this. Maybe even client profile statistics / trading habits. Isn't that similar to what amazon does anyways? All for the more profit for them. ^.^

Sonic R. System