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- PabloOnFX replied Jan 10, 2010
Soinic, DD and TAH, as a recent convert to the SonicR System, I think this is a great idea but can I suggest a variation to the theme? What would take this to another level is knowing, "When not to take a valid SonicR set-up". Many SonicR Set-ups ...
Sonic R. System
- PabloOnFX replied Jan 10, 2010
It didn't go unnoticed at the time TAH :-) Given the high probability of the PA reaching an FE level of one kind or another, my next stage for research will revolve around "how to select the appropriate FE level". Do you have any clear thoughts on ...
Sonic R. System
- PabloOnFX replied Jan 10, 2010
Quote: Originally Posted by riosworos image i want to know something ..... do you guys take the economic news announcement into consideration when you trade .....cos i dont know if i have to trade during the news or after the news plz some one let ...
Sonic R. System
- PabloOnFX replied Jan 8, 2010
Muhammad, I will certainly give it a go next week. Some great trades this week, well done you but can I ask... is this a typical week or do you have weeks where your SL takes a large portion of your profits i.e. losses each with 50-60 pips stop loss ...
Sonic R. System
- PabloOnFX replied Jan 8, 2010
Still the two peaks ahead but I like the approach of adjusting after more data. Also I note two other tangible points: 1. Its the wave after the PA clears the SonicR 89ema and not the actual SL. 2. Its the SL for the period. I'll test the above out ...
Sonic R. System
- PabloOnFX replied Jan 8, 2010
TP & SL rules???? — TP & SL rules: Previously I offered up ... "Once the Trade has hit TP1, consider using the Outer Line on the Dragon for your SL" Interestingly the EU example where TAH adjusted his SL from BE after TP1 had been reached, ...
Sonic R. System
- PabloOnFX replied Jan 8, 2010
Setting FE's and TP's — TAH, That makes complete sense. One further question please.... The GU looks to be on its way to my TP2 set to FE 262%. In this case there's no questionable settings for the FE ABC points. Ahead are two peaks just below ...
Sonic R. System
- PabloOnFX replied Jan 8, 2010
Setting FE's — TAH, The important difference being the FE and TP settings. As you hit your TP's more often than not, as a rule do you always ......... 1. Set your FE Point A to the SL/SH. 2. Juggle FE Points B and C, so that C has aligned to ...
Sonic R. System
- PabloOnFX replied Jan 8, 2010
EU Long Set-up — EU Long Set-up EU looks to be following GU northwards. If it does go above the last High, the DPV will be the next PA magnet. FE's and TP's to be recalculated at DPV. Pablo
Sonic R. System
- PabloOnFX replied Jan 7, 2010
Also...if you want to trade with Hard and Fast Rules, consider using the Outer Line on the Dragon for your SL once in a trade. The rationale being that once PA breaks the Outer Line a Swing has a higher possibility. Pablo p.s. I'm still learning
Sonic R. System
- PabloOnFX replied Jan 7, 2010
I should add .... Some waves are just too big to catch or ride – there'll be others. Others are too small to carry you in – there'll be others. Some are just downright tricky to catch – there'll be others. So steady yourself to ride the next wave! ...
Sonic R. System
- PabloOnFX replied Jan 7, 2010
Sorry I should have said its the Red Resistance Line that I was referring too. The FE is left over from my analysis for a continuation entry after PA hit the 50% retracement level. If it wasn't for the Red Line I would have looked to take it this ...
Sonic R. System
- PabloOnFX replied Jan 7, 2010
Forget the flags, this is what I see... Pablo p.s. I'm still learning but I learn fast.
Sonic R. System
- PabloOnFX replied Jan 6, 2010
With the greatest respect DD.... 1. Inner Trendlines can spur off the outer trendline 2. If the origin is the Swing Low then something gone wrong with this trendline that dates back to Nov 2009 - see pic below. Eitherway....... follow the Waves! ...
Sonic R. System
- PabloOnFX replied Jan 6, 2010
UJ Short Set-up — UJ Short If you want to ignore the trading session rules.......... Swing Reason = Bounce from historical High Also Breaking Trendline - in this case thats a 40 pip drop from TL break point Pablo p.s. I'm still learning!
Sonic R. System
- PabloOnFX replied Jan 6, 2010
EU stopped out at BE. Probably arrived too late in the day to push through 1.44xx but I liked the strategy and will look to use it again on some other wave. Pablo p.s. I'm still learning!
Sonic R. System
- PabloOnFX replied Jan 6, 2010
TP2 forced exit at +85 pips Pablo p.s. I'm still learning!
Sonic R. System
- PabloOnFX replied Jan 6, 2010
and as a casing point, could I catch that big GU wave. No too big and fast for me.... but there'll be others :-) Pablo p.s. I'm still learning
Sonic R. System
- PabloOnFX replied Jan 6, 2010
Suspecting the market couldn't resist having a go at 1.44xx Moved to BE giving a 15 pip leeway. Pablo p.s. I'm still learning
Sonic R. System