explain for Sonic R System in Forex

Forex Strategy

Explain for Sonic R System in Forex

Introduction
Pay attention to the "Angle" of the the slope. The steeper, the better. Avoid
horizontal ranging periods. Follow the trading time period closely.
- Have general trend/bias on mind, To check/determine the general trend, flip the
screen to 15M/1H/D1 TF with same setting and look at the slope.
- Patience, Do not chase the trade. Let it comes to you.
Trading Time
1AM - 4 AM EST (UK session)
7AM - 11 AM EST (US session)
Pairs
Any Pairs (try EUR/USD & GBP/USD or if you choose XXX/JPY pairs, change ur trail
stop and SL to at least 80 pips)
Time Frame
5M TF
15M TF (recommended)
Buy
Look for the candle go above upper white line and wait till the candle ends...and put
the "Buy stop" few pips above the "High" of that candle.
MACD sloping up. (or QQE Sloping Up)
Stoch pointing up.
Sell
Look for the candle go below lower white line and wait till the candle ends...and put
the "Sell stop" few pips below the "Low" of that candle.
MACD sloping down. (or QQE Sloping Down)
Stoch pointing down.
TP
For Long, few pips below the lower white line when the price touches the lines again
or Use Trail Stop (e.g +40 Pips).
For Short, few pips above the upper white line when the price touches the lines again
or Use Trail Stop (e.g +40 Pips).
SL
For Long, few pips below the lower white line or nearest Support or min 40 pips.
For Short, few pips above the upper white line or nearest Resistance or min 40 pips.
Money Management
Start with 1-lot-stage.
After 20 consecutive wins, increase to 2-lots-stage and so on.
Once u have a single loss, reset the counts in the stage you are in.
If there is another loss in the same stage, move back to the one stage lower.
Part 1 End