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Wally1953 replied Jul 20, 2010I know I keep my stop loss probably too close, but it allows me to trade a larger size. If we can get above this double top, we should be okay.
Sonic R. System
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Wally1953 replied Jul 20, 2010long USDCHF, news coming out at 8:30, we'll see what happens with that!! image Yes Kumo, we missed some good trades. Seems like a lot of these big runners occur during London session. Might be worth getting up for daily.
Sonic R. System
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Wally1953 replied Jul 19, 2010You know, you're right. I checked the manual. I guess I got confused cause in the beginning of the thread some of his examples did not take the break of the candle above/below tunnel, and waited for breakout of swing high/low. I guess it's ...
Sonic R. System
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Wally1953 replied Jul 19, 2010Until Kumo clarified what a pipette was, I always thought it was just a female pip.

Sonic R. System
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Wally1953 replied Jul 19, 2010I enter at breakout of swing high or low as Sonic suggests with sell/buy stop. On EJ I missed the breakout so I got in at market at around the same price. There is a lot volatility in EJ of late, so my stop was probably too close. I'm still ...
Sonic R. System
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Wally1953 replied Jul 19, 2010EJ: stopped out -24 pips and 3 pippettes
I think bad time of day for this pair, I had a small stop too, it will probably go down later onSonic R. System
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Wally1953 replied Jul 19, 2010Is this a bad time to take an EJ trade? London sessions ends at 12 EST, and Tokyo session doesn't begin for eight hours. Or doesn't it matter so much with Sonic?
Sonic R. System
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Wally1953 replied Jul 19, 2010I got out at BE on my EU trade. Thought it was gonna break nicely to the upside, but no. Congrats on the GU trade, I shoulda took that one. Enjoy your new pippettes. Gotta love the pippettes!
Sonic R. System
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Wally1953 replied Jul 16, 2010Good job Kumo! I was watching both of those setups, but saw them as both trend reversals so didn't take them. I'm a little skittish these days, my account is shrinking too fast. You were aggressive and it paid off.
Have a great weekend, ...Sonic R. System
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Wally1953 replied Jul 14, 2010Onward and upward goes EU. I will stick to the textbook Sonic setups from now on.

Sonic R. System
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Wally1953 replied Jul 14, 2010Nope, I'm risking a full 3% of my account on this, so I couldn't do that. That's way out of my league anyways, I'll stick to the basics. Thanks for the suggestion though. I just think this was a bad decision to get in short in a sideways market with ...
Sonic R. System
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Wally1953 replied Jul 14, 2010Tommy, yup I was thinking the same thing. We're like sitting ducks up there!

Sonic R. System
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Wally1953 replied Jul 14, 2010I'm short now too, first Sonic trade! Even though tunnel is sideways, I have this strong short bias cause of yesterday's surge. We'll see. Good luck all.
Sonic R. System
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Wally1953 replied Jul 13, 2010Nice job Rocker. I wish I was around to take that move too, but I was playing tennis.
The System II (Yes with irony)
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Wally1953 replied Jul 12, 2010Hi folks... I am one of those miserable breakeven traders. I just can't seem to get a head of steam up so I am consistently profitable. I've always traded the pullbacks, trying to get in at the best possible price, only to have so many turn into a ...
The System II (Yes with irony)
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Wally1953 replied Jul 10, 2010It beats the heck out of me why everybody keeps waiting for a countertrend move, when playing the retracements in the direction of the trend seem to offer much more opportunity. Hoss, or anybody, please explain to me the rationale of this logic. I ...
EUR/USD Scalp 1 min
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Wally1953 replied Jul 8, 2010stopped out — MrCBee... Seemed like a viable trade to me. Be interested to see what Kostas has to say. Will stay out til after news at 8:30.
CHOROS System