good morning
http://www.youtube.com/watch?v=LiE1VgWdcQM
http://www.youtube.com/watch?v=LiE1VgWdcQM
Sonic R.evolution 94 replies
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DislikedHi Leo,
First, I would suggest that you post charts that show us what you mean by "less than desirable" set ups. Looking at your charts, had you taken those trades you would have made TP1 at a minimum on each. If you are referring to someone else's trades, then let us know in which post that trader(s) posted the chart(s) so we know at what you are looking.
We each may at times take a trade that does not "look" ideal, but if you are going to bring a 10 point check list to bear on any situation before deciding to take a trade, you will find...Ignored
DislikedThanks for that long post and trying to answer my questions, i appreciate your help, as always. Although i think that you may have overlooked the gist of my dispute. What i am trying to find out is not how to find the perfect setup (i never said anything about that), but rather why a lot of the top traders setups are always winning.
For example look back at sonicdeejay's posts for the last couple of weeks, he has posted about 14 wins and only 1 loss. Sonicdeejay why don't you post more of your losses to show us what caught you out so that we...Ignored
Disliked
For example look back at sonicdeejay's posts for the last couple of weeks, he has posted about 14 wins and only 1 loss. Sonicdeejay why don't you post more of your losses to show us what caught you out so that we can all learn to be better traders of Sonic R? -
LeoIgnored
DislikedI'm guessing Sonic is long biased on a higher TF, if red dotted line on the chart is SL then TP is probably somewhere near 1.666x area. Am I correct?Ignored
DislikedThat means I had 15 trades with 14 win and 1 loss .(that mean 92% hit rate in the game of probability aka trading)..In fact, it has been sometimes that I have a loss trade..I kinda miss that.. ...Ignored
DislikedMuhammad how do you feel about taking trades in the opposite direction of a major move from the previous day(s)? similar to this U/JPY trade.
I notice that often when a big move down occurs like we have here it creates a lot of 'space' or lack of traffic. This should make it easier for price to move in the opposite direction as it has less congestion to move through. However some Sonic traders have said that it is not advisable to take trades in the opposite direction of a large move from the previous day(s). Would you mind sharing your take on...Ignored
DislikedI'm just the guy in the corner at the back voicing an opinion and a thought to see what your going to say about it. I'll will ask anything to try and get you folk to give an interesting view about this strategy ... i already know what you will say if i ask a question, "waves", "price action", "re-read the thread" are often predictable answersIgnored
DislikedHere, this is a potential SonicR long GU that has not triggered yet ... maybe this will be a loser if it does:
EP: 1.6525
SL: 1.6480
TP1: 1.6570
TP2: 1.6617Ignored
Dislikedi m showing pure setup of sonic R ....hope i m right ..it will help u new soonikers ...
MuhammadIgnored
DislikedLong GU based on the above set-up. I would have liked for a bar close above the Sonic dragon prior to triggering, but you don't always get everything you want.
Let's see if we can get Leo his losing trade!Ignored
DislikedI see Lower high and lower low in H1. Big trend is down? Please comment. ThxIgnored