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Sonic R. System

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  • Post# 21
  • Quote
  • Oct 19, 2008 1:47pm
  • NoBread
    Joined Jan 2008 | 178 Posts | Status: Member
Hey sonic, i found these indis in my closet and thought i would put them up for you to add some color to your chart.
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  • Post# 22
  • Quote
  • Oct 19, 2008 3:36pm
  • okehiedon
    Joined May 2008 | 407 Posts | Status: EMPEROR
Quoting NoBread
Hey sonic, i found these indis in my closet and thought i would put them up for you to add some color to your chart.
Hi NoBread

How do you use those indys?
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • Post# 23
  • Quote
  • Oct 19, 2008 8:58pm | Edited at 9:18pm
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
First Strike for Monday Morning..Not bad for 1 hr job.

White :::: Open positions
Red::: SL line ( I put my SL few pips below the nearest double bottom)
Blue/Lite Blue :::: TP, Close positions (TP around resistance 1 lvl)

Sonic
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  • Post# 24
  • Quote
  • Oct 19, 2008 9:17pm
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
Quoting NoBread
Hey sonic, i found these indis in my closet and thought i would put them up for you to add some color to your chart.

I'm Cool Like that, Pip Like That, I'm In and I'm Out....Cool Bro..

Sonic
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  • Post# 25
  • Quote
  • Oct 21, 2008 9:23am
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
EUR/JPY just collapsed..I was trying for a chance to short in the afternoon....bagged a near 250 pips///

White :::: Open positions
First Red::: SL line (or U can put at 2nd RED Line for better S&R level)
Blue/Lite Blue :::: TP, Close positions (TP around resistance 3 lvl)


Sonic
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  • Post# 26
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  • Oct 22, 2008 3:46am
  • emacro
    Joined May 2007 | 631 Posts | Status: Member
Hi Sonic

Today is an exceptional day. I used your template to trade eurusd and eurjpy on short stop limit orders below the wave. Turned out great.

The logic behind the trades: We knew the markets were in a big down move and the prices retraced to be above the wave. Selling on the break of the breakdown candle gives relatively stress free trade.
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  • Post# 27
  • Quote
  • Oct 22, 2008 4:48am
  • emacro
    Joined May 2007 | 631 Posts | Status: Member
Another signal for the setup.
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  • Post# 28
  • Quote
  • Oct 22, 2008 6:37am
  • ChowClown
    Joined Sep 2006 | 922 Posts | Status: Member
....setting up:
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  • Post# 29
  • Quote
  • Oct 22, 2008 7:14am
  • emacro
    Joined May 2007 | 631 Posts | Status: Member
Stop triggered at 65.
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  • Post# 30
  • Quote
  • Oct 22, 2008 9:43am
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
We have HL...and we need to break 128.11 strongly to make new HH...

I am side line for now...

Sonic


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  • Post# 31
  • Quote
  • Oct 22, 2008 9:46am | Edited at 10:15am
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
SonicR1 Template with SHI channel.... Auto trend line for t TF u prefer,,,,

SHI channel is set to H1 TF (purple) and D1 TF to giv u general trend bias...and u will know why the price is hard to reach 1.2903 lvl..


Sonic
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  • Post# 32
  • Quote
  • Oct 22, 2008 11:39am
  • emacro
    Joined May 2007 | 631 Posts | Status: Member
Sonic
Many thanks. I am liking what I see on the template.
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  • Post# 33
  • Quote
  • Oct 22, 2008 11:44am
  • emacro
    Joined May 2007 | 631 Posts | Status: Member
The H&S pattern on top of the wave, makes the follow through more powerful.
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  • Post# 34
  • Quote
  • Oct 22, 2008 8:46pm
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
Quoting emacro
Sonic
Many thanks. I am liking what I see on the template..




Happy Pipping..Buddy..

Sonic
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  • Post# 35
  • Quote
  • Oct 22, 2008 9:11pm
  • leņador
    Commercial Member | 155 Posts | Joined May 2008
Hey Sonic fantastic stuff you shared here again...Thanks a lot..
Just a couple of Q to fully understand...what are the abreviations you use .."HL" and "HH"??
And also how did you set up the "SHI Chanel"?? do you set it up manually??
Well thanks for the pipind and keep it up..
  • Post# 36
  • Quote
  • Oct 22, 2008 9:21pm
  • emacro
    Joined May 2007 | 631 Posts | Status: Member
Quoting sonicdeejay
Happy Pipping..Buddy..

Sonic
Just another tool in the arsenal to skin the big dogs.... , along with the '5 min Intraday System'.
  • Post# 37
  • Quote
  • Oct 22, 2008 9:51pm
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
Quoting leņador
Hey Sonic fantastic stuff you shared here again...Thanks a lot..
Just a couple of Q to fully understand...what are the abreviations you use ..\"HL\" and \"HH\"??
And also how did you set up the \"SHI Chanel\"?? do you set it up manually??
Well thanks for the pipind and keep it up..
SHI channel...indicator is an Trendline indicator showing a uptrend or downtrend in the particular TF....if it is set to 60, that mean it is H1 TF...
I pay special attention to H1 TF SHI channel as I take it as the main bias in my 5M TF/ 15M TF trading....

You will find it very useful and help you to make better trade decision....
I will post again with sample pic to xplain HH and HL...(it is easy)...

Cheers...
Sonic
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  • Post# 38
  • Quote
  • Oct 22, 2008 10:19pm
  • sonicdeejay
    Joined Mar 2008 | 7,615 Posts | Status: Private Fund Manager @ K2 Capital
Quoting leņador
Hey Sonic fantastic stuff you shared here again...Thanks a lot..
Just a couple of Q to fully understand...what are the abreviations you use ..\"HL\" and \"HH\"??
And also how did you set up the \"SHI Chanel\"?? do you set it up manually??
Well thanks for the pipind and keep it up..

Uptrend
HL= Higher Low
HH= Higher High

Downtrend
LL=Lower High
LL=Lower Low




Sonic
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  • Post# 39
  • Quote
  • Oct 23, 2008 1:20am
  • leņador
    Commercial Member | 155 Posts | Joined May 2008
Quoting sonicdeejay
SHI channel...indicator is an Trendline indicator showing a uptrend or downtrend in the particular TF....if it is set to 60, that mean it is H1 TF...
I pay special attention to H1 TF SHI channel as I take it as the main bias in my 5M TF/ 15M TF trading....

You will find it very useful and help you to make better trade decision....
I will post again with sample pic to xplain HH and HL...(it is easy)...

Cheers...
Sonic
Thanks Sonic....
  • Post# 40
  • Quote
  • Oct 23, 2008 2:31am
  • fxking
    Joined Sep 2007 | 530 Posts | Status: Member
Quoting sonicdeejay
Uptrend
HL= Higher Low
HH= Higher High

Downtrend
LL=Lower High
LL=Lower Low




Sonic
hi sonic,thanks for your system.if i may ask u this,how well have your system done so far? success %? and off the topic for once,judging fr your avatar,r u a big fan watching bleach? what abt naruto? me too, a big fan of bleach.....something for us traders to relax on...
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