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Sonic R. System

  • #6,181
  • Sep 11, 2009 2:09am Sep 11, 2009 2:09am
Quoting ddaytrader
And what happened, of course, is that the second lot was stopped out at breakeven.

Trade Totals for this week (8/08-8/10):

4 SonicR Trades (each posted here in this thread, 3/4 post before trigger, one posted soon after trigger):

Trade 1: +60 pips on Lot 1
Trade 1: +26 pips on Lot 2
Trade 2: +45 pips on Lot 1
Trade 2: +30 pips on Lot 2
Trade 3: +35 pips on Lot 1
Trade 3: +00 pips on Lot 2
Trade 4: +30 pips on Lot 1
Trade 4: +00 pips on Lot 2

226pips/4 trades = 56.5 pips/trade average profit
226pips/8 Lots = 28.25 pips average profit/lot...
I am glad and honoured that I have you here in my thread, while helping others and helping myself to be a better trader…

Sonic
  • #6,182
  • Edited 4:03am Sep 11, 2009 3:10am | Edited 4:03am
EU M30: Here we have a clear cut case of bearish diverence shown on the CCI, as well as increased volume at the price HIGHS! Chart-wise, this is getting ripe for a drop. But we still do not have the setup to go short.
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  • #6,183
  • Sep 11, 2009 3:17am Sep 11, 2009 3:17am
this are 2 of my trades done.

e/j +30 pips

u/j +60 pips

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trade safe
  • #6,184
  • Sep 11, 2009 3:27am Sep 11, 2009 3:27am
A/u Lock and loaded

lets see...
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trade safe
  • #6,185
  • Sep 11, 2009 3:27am Sep 11, 2009 3:27am
Quoting Basber
Let's See What Will Happen. The Rest Is Up To Market.

Regards,
Basber
SL Hit, -35 Pips.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #6,186
  • Sep 11, 2009 3:28am Sep 11, 2009 3:28am
  •  nerd
  • | Joined Jul 2008 | Status: Fate loves the fearless. | 48 Posts
i shorted EURUSD @ 1.4588 wid my SL @ 1.4633...

any comments/suggestions...
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  • #6,187
  • Sep 11, 2009 3:48am Sep 11, 2009 3:48am
I'm Waiting For This, If It Happen Before USO.

Regards,
Basber
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Trading methods are designed to put the odds in our favor, not predicting.
  • #6,188
  • Sep 11, 2009 3:50am Sep 11, 2009 3:50am
Quoting nerd
i shorted EURUSD @ 1.4588 wid my SL @ 1.4633...

any comments/suggestions...
ur 1st Low nv really cls below the dragon. (BLUE BOX)

here's wad i see.

but den, we are on the same boat against the same currency.

So may the pips be with us.
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trade safe
  • #6,189
  • Sep 11, 2009 4:15am Sep 11, 2009 4:15am
Quoting nerd
i shorted EURUSD @ 1.4588 wid my SL @ 1.4633...

any comments/suggestions...
SonicR method puts entry just BELOW the extremity of the farthest reaching candle before PA pulls back, right? That would be in blue area on chart, if I understand it correctly.

Edit: From Sonic's #12 post..... where the "white line" is the lower boundary of the Sonic Dragon........

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.
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  • #6,190
  • Sep 11, 2009 4:24am Sep 11, 2009 4:24am
Quoting traderathome
SonicR method puts entry just BELOW the extremity of the farthest reaching candle before PA pulls back, right? That would be in blue area on chart, if I understand it correctly.

Edit: From Sonic's #12 post..... where the "white line" is the lower boundary of the Sonic Dragon........

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.
Well, the long bar did close below the lower boundary of the Sonic chanel, so technically the Sell Stop should be below the low of that bar, however there were no clear waves before this bar, as ZZ allready noted.
  • #6,191
  • Sep 11, 2009 4:30am Sep 11, 2009 4:30am
Quoting snusnufreak
Well, the long bar did close below the lower boundary of the Sonic chanel, so technically the Sell Stop should be below the low of that bar, however there were no clear waves before this bar, as ZZ allready noted.
The only candle to pul back to/into the Sonic Dragon was the third subsequent candle, which instantly marked the previous lows as the point in question, imho. It becomes a matter of waiting for the method's true pullback, or jumping in right away to "not miss the trade", which can be a pressing influence, but not necessary as this is turning out.

Edit: Come to think of it, we still have the US open to come. The big boy traders there are going to want to pump it first so they can have one more opportunity to sell off and short at the previous highs.....don't you think? Well, that is speculation, and we trade what we see, not what we speculate. But it is something to keep in mind in case we are not soon to get the breakdown we are waiting for.
  • #6,192
  • Sep 11, 2009 4:34am Sep 11, 2009 4:34am
Quoting traderathome
The only candle to pul back to/into the Sonic Dragon was the third subsequent candle, which instantly marked the previous lows as the point in question, imho.
Even if it didn't close within the dragon?
  • #6,193
  • Edited 4:54am Sep 11, 2009 4:44am | Edited 4:54am
Quoting traderathome
The only candle to pul back to/into the Sonic Dragon was the third subsequent candle, which instantly marked the previous lows as the point in question, imho. It becomes a matter of waiting for the method's true pullback, or jumping in right away to "not miss the trade", which can be a pressing influence, but not necessary as this is turning out.

Edit: Come to think of it, we still have the US open to come. The big boy traders there are going to want to pump it first so they can have one more opportunity to sell off and short at the previous...
Perhaps it should be viewed this way, with higher SL, too. It would be nice to have Sonic's opinion on the situation.
Edit: And maybe a higher Tp2 is in order. Afterall, if this drops, the big boys may not want it to come down too far too fast.....not on a Friday, and not until there has been plenty of time for them all to get on the train?. If this drops, and beyont Tp1, it being Friday, I'll be considering a Tp2 higher than the original.
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  • #6,194
  • Sep 11, 2009 4:47am Sep 11, 2009 4:47am
Guys, I just read an article (not in english) that in MT4, you cannot see the real volume. MT4 just counts a ticks, and the speed of them, which later predicts that this is the volume..

Opinions?
cut losses short, let profits run.
  • #6,195
  • Sep 11, 2009 4:51am Sep 11, 2009 4:51am
Its 911 Today, so do trade wif Care
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trade safe
  • #6,196
  • Sep 11, 2009 5:00am Sep 11, 2009 5:00am
Quoting Domas4
Guys, I just read an article (not in english) that in MT4, you cannot see the real volume. MT4 just counts a ticks, and the speed of them, which later predicts that this is the volume..

Opinions?
You got that right. There are servers around the world, with each one getting "volume" info with incoming orders. But these servers do not share! So each area gets its own "picture" of what is happening. This is certainly not an ideal situation, but it is what it is. Sometimes you can see that Sonic's posts showing volume (when he is using Volumes Enhanced) does not show exactly the same as yours (if you are on a different broker/region server). However, as much as the Big Boys love it that we work with inferior data, it is not as bad as it might seem. These "pictures" from different region servers around the world, if compared, probably tell the same story, especially during peak trading hours. And the NVO series of indys, while using this inferior "volume" data, still pegs when high relative volume comes in. Both types of volume indys work well with with they have to work with.
  • #6,197
  • Sep 11, 2009 5:06am Sep 11, 2009 5:06am
  •  nerd
  • | Joined Jul 2008 | Status: Fate loves the fearless. | 48 Posts
Quoting traderathome
SonicR method puts entry just BELOW the extremity of the farthest reaching candle before PA pulls back, right? That would be in blue area on chart, if I understand it correctly.

Edit: From Sonic's #12 post..... where the "white line" is the lower boundary of the Sonic Dragon........

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.
so basically, it shud be like dis...wen price closes below the dragon and den makes a swing low over dere n moves up..n den moves towards the swing low...wen enter a few pips below dat swing low..?

m i correct in dis..?

i actually thought it shud be a few pips below da candle which closed below da dragon, provided da waves r good...

plz guyz correct me here..n thanks for ur quick responses...

regards..
  • #6,198
  • Sep 11, 2009 5:07am Sep 11, 2009 5:07am
Quoting traderathome
You got that right. There are servers around the world, with each one getting "volume" info with incoming orders. But these servers do not share! So each area gets its own "picture" of what is happening. This is certainly not an ideal situation, but it is what it is. Sometimes you can see that Sonic's posts showing volume (when he is using Volumes Enhanced) does not show exactly the same as yours (if you are on a different broker/region server). However, as much as the Big Boys love it that we work with inferior data, it is not as bad as it...
Thanks, that's a new info for me.
cut losses short, let profits run.
  • #6,199
  • Sep 11, 2009 5:12am Sep 11, 2009 5:12am
For this GU. I am anticipating to fall/retrace...

Here is my sell stop...Since the SELL is against the major trend...I am not aiming many pips for this one...

Sonic
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  • #6,200
  • Sep 11, 2009 5:13am Sep 11, 2009 5:13am
Quoting nerd
so basically, it shud be like dis...wen price closes below the dragon and den makes a swing low over dere n moves up..n den moves towards the swing low...wen enter a few pips below dat swing low..?

m i correct in dis..?

i actually thought it shud be a few pips below da candle which closed below da dragon, provided da waves r good...

plz guyz correct me here..n thanks for ur quick responses...

regards..
It is a matter of giving more time for the WAVE to establish itself. Look at chart now and you can see there was no wave back then, unless you were "forcing" one to be there. But now we can see how the WAVE may be starting to form.
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