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jayjonbeach replied Mar 30, 2012Fast question for anyone that knows, not sure I seen this anywhere in the thread. What platforms will the Sonic template work with? I will hazard a guess metatrader, likely MT4. Any others? MT5? NinjaTrader? TradeStation? TIA
Sonic R. System
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jayjonbeach replied Mar 29, 2012
I love that volume Indicator and how the important stuff stands out so well, volume so important on swing trades like this. If I could just ask one question kind sir, in this case you would not go with typical wave set up entry? Maybe I am ...Sonic R. System
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jayjonbeach replied Mar 29, 2012This is a very wise decision my friend. Everyone has to pay for their Education, and some will pay much much more than others.
And then others never stop paying!
Take your time for sure this is key, trading is not easy, simple in ...Sonic R. System
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jayjonbeach replied Mar 29, 2012You would best take the advice already given to you BEFORE you start trading, you already stated you have lost a lot of money, if you continue doing what you are doing BEFORE you learn what to do, your results will continue. All your questions and ...
Sonic R. System
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jayjonbeach replied Mar 29, 2012That is the key point for sure. "Expecting" something is where many people that trade patterns go wrong, or most things for that matter. As you say, "expecting anything" almost all the time will get you in trouble in most trading situations, staying ...
Sonic R. System
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jayjonbeach replied Mar 29, 2012Anything? Come on now. We couldn't trade at all if that were true. Right? It would truly be gambling at that point. After all, you are using SonicR to "hopefully" catch a move. James16 is using PA and some TA to hopefully catch a move. I know what ...
Sonic R. System
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jayjonbeach replied Mar 29, 2012Note that I agreed with you on this point just two posts ago when I quoted the Turtles: "Never try to predict the market direction, instead look for the current "state" and trade accordingly." That is why I never said anything like "this pattern ...
Sonic R. System
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jayjonbeach replied Mar 29, 2012Thank you for that explanation, I was not aware of the meaning of the colours. If I understand correctly you came up w/ this indicator & it looks awesome, anxious to put it to work, thanks again. (I'm still looking for a suitable trusted broker that ...
Sonic R. System
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jayjonbeach replied Mar 29, 2012Speaking of Trendlines, the USD did go test its 7 month old trendline again (3rd time, matches Euro) on the Daily chart and price action respected it, for now. Considering that the stock markets and in particular the USA market had a fair move down, ...
Sonic R. System
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jayjonbeach replied Mar 28, 2012This is very wise advice and something we all need to try and remember myself included for sure. I would add, though, that when price is "close" to a very important and significant level be it TL or SR, over the years I found that more often than ...
Sonic R. System
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jayjonbeach replied Mar 27, 2012Pictures worth more than words here, I'm just pointing out these 7 month old Trendlines on the Daily Charts for people to keep in mind, nothing more. Have a great day/night all
Sonic R. System
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jayjonbeach replied Mar 27, 2012Its not much of a "2", and the "5" doesn't really look like a 5 wave impulse but otherwise it could be correct. Trading based on just EW is VERY tricky, I can easily count that whole move as "corrective", its just way too subjective. I do like it ...
Sonic R. System
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jayjonbeach replied Mar 27, 2012I really want to thank you again not only for posting your live trades, and all your great commentary, but also for being honest about your loses and posting each one. Too many other people on the net fudge their losses for pride, and it doesn't do ...
Sonic R. System
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jayjonbeach replied Mar 26, 2012EUR/USD — Similar to the USD Index, there is a very important trendline in play on the EUR/USD Daily chart that also goes back to August only here, it is testing this TL today after a fair size breakout on the Hourly. Something is going to ...
Sonic R. System
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jayjonbeach replied Mar 26, 2012People keep asking, and TAH keeps mentioning it is close but not quite ready yet Patience!
Sonic R. System
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jayjonbeach replied Mar 26, 2012US markets gapped up this morning right back to their high of last week. I am thinking the USD is ripe for a reversal to the upside here soon on looking at its Daily chart. Its putting in an inverted hammer right on the 61.8% and has lateral and ...
Sonic R. System
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jayjonbeach replied Mar 25, 2012Hi Marv. Thank you VERY much for your detailed and very helpful answer and recommendations. I will consider each carefully, I have my eye closely on IB and have for awhile, there are some drawbacks but probably the lesser of all the evils and if I ...
Anyone have info on International Capital Markets? (IC Markets)
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jayjonbeach replied Mar 25, 2012Hi Angus. You assume correct about the MT4 for an EA, although I recently learned that some EA's will work without MT4, don't think there are very many though. The truth is I haven't found a good reliable EA as of this date after much searching, so ...
Anyone have info on International Capital Markets? (IC Markets)
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jayjonbeach replied Mar 25, 2012Thank you kind sir, and thank you for another fantastic photo, I saved this and the last one to my HD
Sonic R. System
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jayjonbeach replied Mar 25, 2012Technically still in the uptrend for sure, but boy do I ever agree with you
Talk about ripe for a reversal, just look at the NASTY rising wedge. The hanging man on the weekly 2 weeks ago right at resistance sucked a lot of shorts in, it looked ...Sonic R. System