EU closed manually for +24p. Don't think it will go much higher today. Bears could be pushing price above whole number to add shorts?

Sonic R. System

My GU short got stopped out for +2p. Looks like mm's pushed price down to accumulate longs. EU long triggered after price broke out of range. TP is at RDH

Sonic R. System

Enter GU classic short. I'm only looking for 15 pips with stop of 13.5p above swing high. Demand zone is close at 1.68500

Sonic R. System

I'm sorry if I misunderstood your question.. your answer can be found with TAH's last response. These are more are less psychological levels.. just because they are whole/half/quarter etc. doesnt mean that price is going to stop on a dime and ...

Sonic R. System

Do more reading and you will understand what the whole numbers are, half numbers, quarter numbers, etc. I'll give you a hint..the whole numbers are horizontal and blue. No disrespect but it shows a traders work ethic when they come to a thread and ...

Sonic R. System

Thats why it is so important to focus on what YOU are doing. When you can make decisions on your own without coming to forex factory then you have graduated to the next level of trading. The bad habits that traders have in general is what is holding ...

Sonic R. System

There are 5 stages to becoming a successful trader. When you realize the mistakes you make, you are able to learn much more quickly than those who are ignorant and believe they are just "unlucky." Truth of the matter is, WHY do traders lose money? ...

Sonic R. System

PVSRA huge on NFP day. Saw lots of selling pressure on the 5m charts since yesterday. Price was being pumped and dumped throughout the last few days. +45pips scalped off of EU and +10% on the week. I'm done.. everyone have a great weekend

Sonic R. System

With PVSRA I think any style of trading will work

Sonic R. System

agreed.. even if you have a 1:2 Risk reward you can still be profitable even with less than a 50% win rate lately I have been scalping the 1m-5m timeframes and I will say that with small SL's and TP's I'd rather not set my SL to BE and just let the ...

Sonic R. System

Possible classic short setting up on EJ. There seems to be a good zone of resistance above 142.00

Sonic R. System

Great post Allison I too have been around for quite some time to know that most of the threads here at FF are lagging behind what the market is actually doing. The mm's know how traders think.. most of the time they digress on whatever ...

Sonic R. System

This just goes to show the experience needed in order to make smart scout entries.. I am not quite there yet so by sticking with only classic setups I can clearly define my R:R while building up my account. I envy the way you can turn a loser into a ...

Sonic R. System

EURJPY classic long entered. Seems like a good wave up confirmed by buying pressure below MS1. Tight stop with TP at daily pivot. I will monitor this one closely as we are below the RDH.. (Even more incentive for bull MM's to take advantage?)

Sonic R. System

TP on EU hit for +15p and 3% gain. There was absolutely no drawdown For a little while I had removed the pivots from my charts but I am now realizing they are quite important

Sonic R. System

Morning everyone.. I hope this next chart is ok. After testing sonic for some weeks now I don't believe that the style of scouting fits my trading. I just don't know when to get out if price is going against me. I will stick to classics from now on! ...

Sonic R. System

You were completely right.. I will take into consideration the distance of price from the upper or lower M5 TMA every time i trade! After getting stopped out for a small loss on my previous trade I took a short in GJ noted by the red line. Looking ...

Daytrading/scalping with high leverage - my proven strategy

Took a short on GU. Correct entry? M1 tma pointing downward and printing below the cloud. 1hr tma crossed down. 15 pip SL which happens to be above last swing high.

Daytrading/scalping with high leverage - my proven strategy

I think you meant GJ* I agree as well.. I have a pinbar showing on the hourly chart on my broker. The cunning MM's seem to have moved the price easily due to the bank holiday in Japan followed by lots of volume stopping the move upward. ...

Sonic R. System

Yeah I agree, it's a wonderful place to learn. It's just hard to skim through the more important posts because there are a lot of members who clutter threads with irrelevance to the subject or strategy. The people that are not posting are probably ...

Do scalpers make money in the long run?