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Sonic R. System

  • #4,241
  • Jul 27, 2009 5:27am Jul 27, 2009 5:27am
Quoting sonicdeejay
I assume yours is LONG trade...
You shd be TP1 by now...95.1x and SL @ BE...

Sonic
Can't do that, since i'm trading 0.1 lot for now. So you suggest i take profit now?

Thank you!
  • #4,242
  • Jul 27, 2009 5:28am Jul 27, 2009 5:28am
Quoting snusnufreak
Can't do that, since i'm trading 0.1 lot for now. So you suggest i take profit now?

Thank you!

2 choices...

if u want take t money of the table..take TP now...

or

if u wanna let it ride..
Move ur Sl to 94.88 or you EP... whichever higher..

it is up to u..
Sonic
  • #4,243
  • Jul 27, 2009 5:31am Jul 27, 2009 5:31am
Quoting sonicdeejay


Move ur Sl to 94.88 or you EP... whichever higher..

Sonic
Already done that, mine EP is 94.90. Thx Sonic!
  • #4,244
  • Jul 27, 2009 5:55am Jul 27, 2009 5:55am
Quoting sonicdeejay
I suggest ..you to wait for valid Sonic R and go in Short...
Example.. below Sonic Dragons with Lower Low..
Trend is still up for me..for now..

Sonic
That Was Exactly What I Was Looking For. I Draw The Wave That I Expected To Happen IF I WANTED TO GO SHORT. I Just Post It Because Some Newbies To This System Can See How To Track A Wave Before It Happens. And If It Don't Close Below The Dragon, I'm Up With This Pair To, Because PB Didn't Break.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #4,245
  • Jul 27, 2009 6:06am Jul 27, 2009 6:06am
Quoting Basber
That Was Exactly What I Was Looking For. I Draw The Wave That I Expected To Happen IF I WANTED TO GO SHORT. I Just Post It Because Some Newbies To This System Can See How To Track A Wave Before It Happens. And If It Don't Close Below The Dragon, I'm Up With This Pair To, Because PB Didn't Break.

Regards,
Basber
I see..Dude..
Mkt can go directionless for a while now...
It should wake up again when US opens..

Sonic
  • #4,246
  • Jul 27, 2009 6:34am Jul 27, 2009 6:34am
Quoting sonicdeejay
I see..Dude..
Mkt can go directionless for a while now...
It should wake up again when US opens..

Sonic
Anyway, I Don't Like To Trade US Today. Because Some Pairs Are Moving Without Any Bias , And The Others Made Their Move In UK Session (Like E/J) So I'm Out For Today

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #4,247
  • Jul 27, 2009 7:00am Jul 27, 2009 7:00am
Quoting sonicdeejay
I see..Dude..
Mkt can go directionless for a while now...
It should wake up again when US opens..

Sonic
I second that, so much that I had to cream off only 2pips on 3 lots on USD/CHF.

I will wait till NY opens. oops, 1 pip after spread.
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled-1.jpg Size: 120 KB
Starting to see instead of just looking.
  • #4,248
  • Jul 27, 2009 7:15am Jul 27, 2009 7:15am
Quoting Rastaman
I second that, so much that I had to cream off only 2pips on 3 lots on USD/CHF.

http://static.forexfactory.com/forex...1&d=1248696006

I will wait till NY opens. oops, 1 pip after spread.
http://blog.scour.com/wp-content/upl...-dog-photo.jpg

Sonic
  • #4,249
  • Jul 27, 2009 7:26am Jul 27, 2009 7:26am
Insane more like.
Starting to see instead of just looking.
  • #4,250
  • Edited 8:50am Jul 27, 2009 7:35am | Edited 8:50am
Quoting Basber
Another Question I Just Want To Know Your Experience On This. Isn't Moving SL to +20 When You Reach +40 Is Too Soon ? I Meant 20 Pips Is Easy To Catch And You May Loose The Main Move. Most Of The Time I Myself Move SL At BE When It Hits +40. I Want To Know How Many Times You Stopped Out When You Do This And After That Price Goes In Your Favorite Direction ? (I Don't Want The Exact Numbers You Know What I Mean By How Many Times )
yes too soon. i got stopped countless time. but since im trading standard lot. its not a problem ...

anyway .. my USD/CAD 40pips just turned to afew pips .. was out for a few minutes and bam .. but .. pips is pips ..

p/s: i miss the good old 200pips move last year ..

Attached Image (click to enlarge)
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  • #4,251
  • Jul 27, 2009 7:51am Jul 27, 2009 7:51am
Quoting sonicdeejay
I suggest ..you to wait for valid Sonic R and go in Short...
Example.. below Sonic Dragons with Lower Low..
Trend is still up for me..for now..

Sonic
Keep It Simple, Sonikers!

I use longer time frames for support and resistance only! And that means, for me, prior Highs and prior Lows, i.e. the Swing Points.

I only trade SonicR entries.

In my opinion, if you have to think about it, then you better not trade it!

Keep It Simple, Sonikers!
  • #4,252
  • Jul 27, 2009 8:49am Jul 27, 2009 8:49am
11 mins before US New Home news.....Time to stop.
Starting to see instead of just looking.
  • #4,253
  • Jul 27, 2009 9:24am Jul 27, 2009 9:24am
sonic , i want to ask you something .. why is it last year, we have very high amount or volume movement ? i just going tru the the previous post, we have 600+pips average on EJ alone .. 100pips is an easy catch ..

but nowdays daily average of EJ is around 150-180 .. and unpredictable .

p/s: i think my current chart is too messy . i like the template i used last year .. haha .. so easy and simple but effective ..
  • #4,254
  • Jul 27, 2009 9:42am Jul 27, 2009 9:42am
Quoting LittleTrader
sonic , i want to ask you something .. why is it last year, we have very high amount or volume movement ? i just going tru the the previous post, we have 600+pips average on EJ alone .. 100pips is an easy catch ..

but nowdays daily average of EJ is around 150-180 .. and unpredictable .

p/s: i think my current chart is too messy . i like the template i used last year .. haha .. so easy and simple but effective ..
Volatility, like price itself, ebbs and flows in waves.

Be one with the waves, LittleTrader, and be happy to take whatever the market is generous enough to share with you.
  • #4,255
  • Jul 27, 2009 9:42am Jul 27, 2009 9:42am
Quoting LittleTrader
sonic , i want to ask you something .. why is it last year, we have very high amount or volume movement ? i just going tru the the previous post, we have 600+pips average on EJ alone .. 100pips is an easy catch ..

but nowdays daily average of EJ is around 150-180 .. and unpredictable .

p/s: i think my current chart is too messy . i like the template i used last year .. haha .. so easy and simple but effective ..
I think it is because its summer time (at least this is what i was told by experienced traders). there is no much action on the marked during summer. the volumes and movements should increase by fall.
  • #4,256
  • Jul 27, 2009 9:46am Jul 27, 2009 9:46am
Sonikers,

I would like to ask you about your opinion regarding automated trading systems. Has anyone ever used one? How did you find them? What are the pros and cons of using such systems? Is there one for SonicR and how well it performs?

Regards,

snu.
  • #4,257
  • Jul 27, 2009 9:52am Jul 27, 2009 9:52am
Quoting LittleTrader
sonic , i want to ask you something .. why is it last year, we have very high amount or volume movement ? i just going tru the the previous post, we have 600+pips average on EJ alone .. 100pips is an easy catch ..

but nowdays daily average of EJ is around 150-180 .. and unpredictable .

p/s: i think my current chart is too messy . i like the template i used last year .. haha .. so easy and simple but effective ..
Actualy I prefer laz year, the movement is crazy, volatile and wild.
That time I remember is during the EU drop from 1.6, GU from 2.0.

Kinda miss it instead of current movement.
  • #4,258
  • Jul 27, 2009 10:07am Jul 27, 2009 10:07am
Quoting LittleTrader
sonic , i want to ask you something .. why is it last year, we have very high amount or volume movement ? i just going tru the the previous post, we have 600+pips average on EJ alone .. 100pips is an easy catch ..

but nowdays daily average of EJ is around 150-180 .. and unpredictable .

p/s: i think my current chart is too messy . i like the template i used last year .. haha .. so easy and simple but effective ..
IMHO, (using Elliott Wave explanation) if you look at Daily or even Weekly charts we are now in the correction phase of a corrective Wave C. Thus we'll not see the impulse actionary wave like last year when everyone is harbouring to go for Green Back.

Jus my 2 cts worth.
Eileen
  • #4,259
  • Jul 27, 2009 2:23pm Jul 27, 2009 2:23pm
Quoting Basber
You Can See It This Way Too (Picture). There Is Always 2 Trends, One Up And One Down. Look At How It Reverses (White Pointer) , There Is Huge Pressure To Down. And If It Reaches The Level That I Like To Enter The Trade, 89EMA, Will Be Down. Another Strong Reason To Take This Trade Is "Hanging Man" Form Of Candle Stick (Or PinBar).

Regards,
Basber
When you see things like that, keep posting because I watched it too. I am learning every day.
  • #4,260
  • Jul 27, 2009 7:02pm Jul 27, 2009 7:02pm
Hello All,

Anyone looking at the EJ ? its seem to be consolidating in the channel almost flag like....any ideas ?

thanks
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