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Sonic R. System

  • #7,461
  • Nov 9, 2009 9:26am Nov 9, 2009 9:26am
Quoting Rastaman
YES, Sonic!
The reentry with the cci bar changing back to green from red was how I got into the EU trade today.

Just a little faith goes a LoooooooonG WaaaaaaaY.

Bravo! Well done this morning.

I did not believe in a sustained uptrend this morning. Given the dire economy.

I learn by reading SonicDeejay's earlier remarks to pipoca, about re-entries, short SL(s) and TP(s) .

Well traded!

Regards.

Claude
  • #7,462
  • Nov 9, 2009 9:49am Nov 9, 2009 9:49am
GU had a short set-up right now which alligned with H&Ss model on 5M TF I was in, but accidentally closed my position instead of deleting the other order I had in case it would go long. I guess its enough for me for today =). Watch out however, ES is going up so eventually GU will follow.
  • #7,463
  • Nov 9, 2009 11:18am Nov 9, 2009 11:18am
hi at all
what about this? i never tried sonic setups
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  • #7,464
  • Nov 9, 2009 12:05pm Nov 9, 2009 12:05pm
Quoting pattinatore
hi at all
what about this? i never tried sonic setups
Hi friend.

1- you are in wrong time frame (you must use M5 or M15).
2- For enter to a long trade u must see a Low then a HigherLow then.
3- And also you must watch for CCI & QQE.

totally i think maybe it will be a bad trade.

Friends please correct if these are incorrect.
Follow the rules and be successful.
  • #7,465
  • Nov 9, 2009 12:34pm Nov 9, 2009 12:34pm
Quoting pattinatore
hi at all
what about this? i never tried sonic setups
You HAVE TO read the first page and all the manuals.
After that, you HAVE TO read all the posts with trades.

And then try to identify what's wrong with your setup.

P.S. Vytautai rasiau tau skypej del tavo EUR/JPY setup'o, bet taves nebuvo.
Nevermind, viskas baigesi gerai
cut losses short, let profits run.
  • #7,466
  • Nov 9, 2009 12:38pm Nov 9, 2009 12:38pm
Quoting Domas4
You HAVE TO read the first page and all the manuals.
After that, you HAVE TO read all the posts with trades.

And then try to identify what's wrong with your setup.

P.S. Vytautai rasiau tau skypej del tavo EUR/JPY setup'o, bet taves nebuvo.
Nevermind, viskas baigesi gerai
i red some thing, in that post i would show only the wave, there is a low and than an higer low, both formed by hummers
  • #7,467
  • Nov 9, 2009 2:09pm Nov 9, 2009 2:09pm
Quoting traderathome
UJ: H4 looks like ranging, most recently with higher lows. M15 looks like range tightening/leveling off. Over a day 'til news. So maybe this will consolidate in prep for a breakout in Tuesday session? Sooner?
UJ: The WAVE is forming for a setup. But I think "timing" is off, as the day's trading winds down and still mucho hours before "talking heads." Yeah, we could get a run beforehand......so watching to see what this does. Maybe another leg down and another up before.....
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  • #7,468
  • Nov 9, 2009 7:32pm Nov 9, 2009 7:32pm
What Beautiful conformity in the waves on USD/CHF yesterday.
A pleasure to the eye.
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Starting to see instead of just looking.
  • #7,469
  • Edited 10:39pm Nov 9, 2009 8:50pm | Edited 10:39pm
GU looking like we may have a setup later in the day. Edit: Maybe later in the week after looking at this seriously.

That said, the trend on large TF such as H1 H4 looks to seriously be up.

Suppose we have to wait patiently for the mystery to unfold.
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Starting to see instead of just looking.
  • #7,470
  • Edited 11:43pm Nov 9, 2009 11:29pm | Edited 11:43pm
GU popped. Good job I had my eye on it.
Look at the volume when it broke, incredible!
Took half tp and let the rest run closing it in 3 stages for 121 pips.

Actually, the new broker platform confused me and I had to put another order in quick, as I had put in two orders for 0.01 instead of 0.1.
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Starting to see instead of just looking.
  • #7,471
  • Edited Nov 10, 2009 12:19am Nov 9, 2009 11:59pm | Edited Nov 10, 2009 12:19am
Quoting traderathome
ddaytrader, there is a saying that summarizes divergence/convergence....."Bottoms up....tops down." If the bottoms of PA and other study (MACD, TRIX, CCI, etc.) are converging or diverging, then the price subsequently tends to move higher (either as reversal or continuation). But if the tops of PA and other study are converging or diverging, then the price tends to subsequently move lower (either as a reversal or continuation).

H4 showed bottoms converging, and subsquently the move was up, as a reversal.

H4 now showing divergence of tops,...
Did I say "....come tumbling down?"

And major "news" is still more than 3 hours off with the next afterwards more than 8 hours off. So, what is going on? What changed to cause the 200+ pip pump in the first place.......Obama gets a heath care plan? Yeah, right! Nope. To me the whole thing was fishy. Seems like the same 'ole same 'ole......the big guns smelled "news", not what it would be, but the fact it would be. So, they took advantage and manufactured a pump to dump......blamed it on "health care!" Now, with more "news opportunity" coming up......and with them fully loaded with shorts, the DUMPO!.......UP and DOWN, and in quick order too! All manufactured, 'cause the value of things hasn't really change like that over the last day or so! It is all very simple. The big guns need to make their profits every week, every month. Since they can't keep diriving the prices in one direction, they do this. LAUNCH and LIQUIDATE! TORPEDO and SALVAGE! It really doesn't matter WHAT the relative value of the currencies are.....they need to keep it moving in order to make money!

Am I complaining? Absolutely not! It is the very ups and downs the big guns manufacture that give us our trading opportunities.

Trade the charts and bedamn the "news"......it is worthless except as an excuse for the big guns to pump or dump, before, during or afterwards, or any combination thereof!
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  • #7,472
  • Edited 12:14am Nov 10, 2009 12:02am | Edited 12:14am
Quoting traderathome
Did I say "....come tumbling down?"

You CERTAINLY DID T!

And that is one reason, I had my eye on it all morning!

I am going keep this Sonic Wave as the True Treasure it really is!

With 121 pips in the bag from this trade, I think, I am done for the day and can now go back to my Wave study, with renewed enthusiasm.
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Starting to see instead of just looking.
  • #7,473
  • Nov 10, 2009 1:25am Nov 10, 2009 1:25am
The move was caused by:

AGENCY FITCH SAYS UK IS MOST AT RISK OF LOSING "AAA" CREDIT RATING
cut losses short, let profits run.
  • #7,474
  • Nov 10, 2009 2:10am Nov 10, 2009 2:10am
Quoting Rastaman

I am going keep this Sonic Wave as the True Treasure it really is!

With 121 pips in the bag from this trade, I think, I am done for the day and can now go back to my Wave study, with renewed enthusiasm.
Someone is getting the hand on WAves...Never Stop learning..

Congrat...U deserve it..

http://www.rd.com/images/content/200...ile03_baby.jpg

Sonic
  • #7,475
  • Nov 10, 2009 2:39am Nov 10, 2009 2:39am
Nice bounce of from Daily Pivot...
I see a nice LL and LH ...
Now vol coming in as well...
They gonna dance with the ZEW news
Get your dancing shoe ready...

http://www.freakingnews.com/pictures...Hop--44546.jpg

Sonic
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  • #7,476
  • Edited 3:14am Nov 10, 2009 2:50am | Edited 3:14am
Thanks for the encouragement Sonic.

Yes, I have been ready since this morning for the EU setup, if it comes.

It's the Praying Mantis setup.
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Starting to see instead of just looking.
  • #7,477
  • Nov 10, 2009 3:15am Nov 10, 2009 3:15am
Quoting Domas4
The move was caused by:

AGENCY FITCH SAYS UK IS MOST AT RISK OF LOSING "AAA" CREDIT RATING
I don't imagine a 200+ pip move....excuse me....PLUMMET!......was caused by some talking head speaking about 9 words! NAW! Heck, the guy has probably been saying that to his friends and associates for over a week now! His "public proclamation" was just the EXCUSE for the big guns to do what they had set up to do since before even the pump! IMHO!
  • #7,478
  • Nov 10, 2009 3:33am Nov 10, 2009 3:33am
Quoting traderathome
I don't imagine a 200+ pip move....excuse me....PLUMMET!......was caused by some talking head speaking about 9 words! NAW! Heck, the guy has probably been saying that to his friends and associates for over a week now! His "public proclamation" was just the EXCUSE for the big guns to do what they had set up to do since before even the pump! IMHO!
Someone Said those two Words........!
Inserted Video


Used to be in touch with David a long time ago.
Starting to see instead of just looking.
  • #7,479
  • Nov 10, 2009 3:45am Nov 10, 2009 3:45am
GU: This move up may be the retrace before another leg down.....taking advantage of time before next "news" excuse to push Humpty Dumpty off the wall.....?
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  • #7,480
  • Nov 10, 2009 3:53am Nov 10, 2009 3:53am
EJ: Looks Bearish at top of range.....
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