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Sonic R. System

  • #5,781
  • Aug 31, 2009 11:57pm Aug 31, 2009 11:57pm
Quoting traderathome
Since the shoulders are not symetrical and around the same level, no, I would not consider this an inverted H&S. Furthermore, an inverted H&S would come at the bottom of a run down.

Ooops. I forgot that RHS is at the bottom of a downtrend.

Thanks for replying though.
Starting to see instead of just looking.
  • #5,782
  • Sep 1, 2009 12:05am Sep 1, 2009 12:05am
TAH

Another quick question about the pivot settings.

I have set the server variation to 8 as japan is currently 8 hours ahead of the uk. However. my broker is 1 hour behind the uk.

Do these pivots look ok?
Attached Image (click to enlarge)
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Starting to see instead of just looking.
  • #5,783
  • Edited 12:47am Sep 1, 2009 12:31am | Edited 12:47am
Quoting Rastaman
TAH

Another quick question about the pivot settings.

I have set the server variation to 8 as japan is currently 8 hours ahead of the uk. However. my broker is 1 hour behind the uk.

Do these pivots look ok?
Right now (DST) the UK is GMT+1, so if your server is 1 hour behind/later/after the UK, then your server is on GMT time. The SDX-TzPivots settings are based upon your server difference from GMT, and your desired destination difference from GMT. If your destination is Japan, isn't that GMT+9 hours? So it becomes input "0" for server and input "9" for destination. If your destination is UK, then "0" for server and "1" for destination. Ops, sorry, this is for SDX and you are using the other time shifted indy, which requires the time shift from server to desired destination....."1" if destination is UK, and "9" if destination is Japan, so long as your server is at GMT.
Edit: I find this site helpful... http://www.timeanddate.com/worldclock/
  • #5,784
  • Sep 1, 2009 1:02am Sep 1, 2009 1:02am
Quoting traderathome
EU M15: A light trade in asian session for small pips....20ish.
Tp reached for 25 pips.
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  • #5,785
  • Edited 1:51am Sep 1, 2009 1:37am | Edited 1:51am
Thanks T

Got it sorted out at LAST.



PS:

Looks like we have a massive H&S on EUR/JPY D1.

If it breaks 1,32900 I am in. Maybe before if we get a setup on M15 or H1.
Attached Image (click to enlarge)
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Starting to see instead of just looking.
  • #5,786
  • Sep 1, 2009 2:22am Sep 1, 2009 2:22am
Hi anyone,

does the SonicFx chatroom still active?

thanks
  • #5,787
  • Sep 1, 2009 2:31am Sep 1, 2009 2:31am
Guys, plz share your opinion on EU

I'm now looking for a Sonic re-entry long set-up on it if it breaks the 1.438x lvl. What TPs would you advice?

Thx

Snu.
  • #5,788
  • Sep 1, 2009 4:05am Sep 1, 2009 4:05am
Is the IRC sonic channel still live? If so what server is it on?
  • #5,789
  • Sep 1, 2009 4:52am Sep 1, 2009 4:52am
Quoting Juneman
Is the IRC sonic channel still live? If so what server is it on?
I think its not active. If you need info, its on the first page if I'm not mistaken
  • #5,790
  • Sep 1, 2009 4:53am Sep 1, 2009 4:53am
Here is my EU short, comments plz.
Attached Image (click to enlarge)
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  • #5,791
  • Sep 1, 2009 5:48am Sep 1, 2009 5:48am
Quoting snusnufreak
Here is my EU short, comments plz.
I am following EUR/JPY as well, it has a similar setup.

Quite new to this strategy so would appreciate all views and criticisms, especially about TP.

Thanks,
Leo
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY.png Size: 58 KB
  • #5,792
  • Sep 1, 2009 6:20am Sep 1, 2009 6:20am
Quoting Leo.
I am following EUR/JPY as well, it has a similar setup.

Quite new to this strategy so would appreciate all views and criticisms, especially about TP.

Thanks,
Leo
TP now @ 1.295x or

Set SL @ BE with TP near 1.427x

BTW..gr8 trade Leo...
Sonic
Attached Image (click to enlarge)
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  • #5,793
  • Sep 1, 2009 6:28am Sep 1, 2009 6:28am
Manually closed the trade @ 1.4288 which amounts to +39 pips on EU (thx to my friend who watched it while I was away having lunch ).

Having troubles with identifying TP lvls as well. Its my common problem - usually I'm several pips short to the TP when price reverses and goes against me.

Sonic care to explain (with pic ofcourse ), what would be your TP lvls for the current EU set-up and why?

Thx,

snu.
  • #5,794
  • Sep 1, 2009 6:37am Sep 1, 2009 6:37am
Sonicdeejay,

kindly explain your TP levels, I mean why you choose certain TP levels.

Thanks.
  • #5,795
  • Edited 7:17am Sep 1, 2009 7:00am | Edited 7:17am
I match my pivots with http://www.actionforex.com/technical.../pivot-points/.

My server is in London so it's +1GMT. And these pivots are calculated in 21GMT (it's -3GMT). So my settings for timezone is local 1 and destination 3.
cut losses short, let profits run.
  • #5,796
  • Sep 1, 2009 7:13am Sep 1, 2009 7:13am
Quoting Domas4
I match my pivots with http://www.actionforex.com/technical.../pivot-points/.

My server is in London so it's +1GMT. And these pivots are calculated in 21GMT (it's -3GMT). So my settings for timezone is local 1 and destination -3.
Settings for what? On the pivot indi?
  • #5,797
  • Sep 1, 2009 7:16am Sep 1, 2009 7:16am
Quoting snusnufreak
Settings for what? On the pivot indi?
Yea,
cut losses short, let profits run.
  • #5,798
  • Sep 1, 2009 8:32am Sep 1, 2009 8:32am
E/J sell is going on and news is coming after 30 min ....lets c wat heppend i,ll close b4 the news ........
Attached Image (click to enlarge)
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FxHome
  • #5,799
  • Sep 1, 2009 8:43am Sep 1, 2009 8:43am
daily target met .. time to zZzZzZz ...damn too sleepy tonight ..

Attached Image (click to enlarge)
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Previously, i use S/R2 for TP and closes manually on SHI channel crosses. I find that SHI crosses still works .. but not as accurate as last year . i wonder why . now, i also having trouble on where to put my TP is ..

  • #5,800
  • Sep 1, 2009 8:45am Sep 1, 2009 8:45am
Here it is, finished the Pivot Point indicator. vS_PivotsD_v4

This is a TimeZone Pivot Point indicator that has no H4 problem, you can choose to see labels on Daily, fibonacci extension pivots, also you can set fibonacci inside and outside the yesterday's range automatically,moving sweetspots, weaker and stronger Camarilla pivots. It is fully adjustable: each line can be set however you want in terms of style, color, position, thickness. Labels can be moved to left, middle and start of the day.

Enjoy
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pivot1.gif Size: 24 KB
Click to Enlarge Name: pivot3.gif Size: 19 KB
Click to Enlarge Name: pivot2.gif Size: 18 KB
Click to Enlarge Name: pivot4.gif Size: 24 KB
Attached File(s)
File Type: mq4 vS_PivotsD_v4.mq4   31 KB | 4,682 downloads
cut losses short, let profits run.
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