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Sonic R.evolution 94 replies
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DislikedThat's the best way . My stop loss was hit from my trade on post 3560 could you please comment on my entry and my Target.
thanks
lmarti21Ignored
DislikedJust finished my E/U short with +59 pips of profit!
Finally doing something constructive, instead of just rushing into every single trade.Ignored
DislikedCould anyone plz tell me how do i "read" higher TF.
Let's take a look at a current G/U as an example:
On H1 TF is it a move up or just a retracement up? How do I decide?
Is an overall trend allready up or still down? What is meant by an overall trend? If its HHs and HLs then I think its up. But again the last swing was down and right now price retraced to 38 fib lvl, does that mean it will go down further?
All this confuses me alot, so I would like to hear a nice solid explanation.
Thank you!Ignored
DislikedHi snusnu,
First, may I suggest that for higher time frame analysis use a chart with no indicators....Ignored
DislikedRemember, if you don't bet, you can't win. A young trader who I have been helping took the same EJ as you did. She took a loss. But yesterday, a SonicR on the EJ ran for 300+ ticks.
You just have to keep taking your shots, and make sure your profit targets are 2-3 times bigger than your stop losses.
Good night and Good luck tomorrow (or today, depending upon where you are)Ignored
DislikedHello My Friend,
Let Me Tell You Something, There Is Nothing Wrong With Your Entry, But If I Were You , I Would Have Quited The Position Because Of Some Reasons :
1) Look At The Mess That We Have In Breaking The Wave.
2) Look At The Divergence
3) Look At CCI, Failed To Pass The Zero Line And Turned Green At The Time That You Entered The Setup.
But The Point I Want To Make Here Is, You Can Give Some Grades To Positions ... I Was B Grade I Think ... Look At The Wave ... I Show You With Pink Lines How The Waves Should Be To Make ME Trade This Setup....Ignored
DislikedHi snusnu,
First, may I suggest that for higher time frame analysis use a chart with no indicators. You are not looking for SonicR, you are looking for Support and Resistance, and overall trend:
Good Luck,
Would it be useful if we place a Rsi or qqe on the larger time frame , in order to be able spot divergence?
Kind Regards
lmarti21Ignored
DislikedI am convinced that SonicR is as reliable as it is precisely because of this point: It is a price based trade and not an indicator based trade.Ignored