Thanks for your comments Basber and TAH. I am in fact a little vague on where to take profits. 100 pips is always nice to achieve, but if it is not based on price action, then it will soon fail as the markets change. So I do watch S/R levels, ...

Sonic R. System

short GU image

Sonic R. System

Just want to wish everybody a nice weekend. For the most part it's been a very good week trading, at least I hope it has for everyone. We have a good group in here, some very thoughtful people, and I hope to contribute more as I become more ...

Sonic R. System

I just want to second that. Thanks TAH!

Sonic R. System

+100 pips on EU BE on EC

Sonic R. System

Cancelled my buy on EU, and am now short.

Sonic R. System

Very nice job Zecco. All the good moves lately happen in the middle of the night here in eastern US. I'm strongly considering changing my sleep patterns.

Sonic R. System

long EC, stop at break even buy stop in on EU image image

Sonic R. System

-35 pips on GU

Sonic R. System

image Forgot to post the chart.

Sonic R. System

short GU, I took early entry on 5 minute chart. Sure looks like it wants to come down. News coming out at 9:30 and 10:00 could mess with the trade.

Sonic R. System

My UJ trade stopped out at break even when news came out. Bummer man. Maybe a trade coming up on GU?

Sonic R. System

Opened trade in UJ. Not sure what my PT is yet. image

Sonic R. System

To follow up on my GU trade from this morning, my 100 pip target was reached. I could get used to this!! But I won't...

Sonic R. System

Zecco, please you must first understand I have no "wealth of knowledge." I'm struggling like most of the others in here. My 100 pip target is just an arbitrary number I picked. What I'm trying to do is achieve a 1:3 risk/reward ratio to offset my ...

Sonic R. System

congrats Zecco!!

Sonic R. System

Short GU, gonna try for 100 pips again. I gotta keep my risk/reward at least 1:2 or 1:3. Then if I can achieve at least 50/50 win/loss ratio, I should do okay. image

Sonic R. System

Just closed my trade on EU for 100 pips. I put it on yesterday towards end of US session. I thought I made another boo boo cause the market just went to sleep and went sideways for a long time, but it worked out ok. I'm a happy camper. First SonicR ...

Sonic R. System

Yes, I was just gonna post my chart, I'm in that one now. I'm glad that you saw that as a valid trade also.

Sonic R. System

I'm out -24. What gives anyway?? I sure hope your stop holds.

Sonic R. System