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Sonic R. System

  • #7,621
  • Nov 17, 2009 4:17am Nov 17, 2009 4:17am
Quoting cignus
One possible trade on GBPUSD this morning (too early for me )
Long on the top of the candle that cross Higher white band after the trend line breakout.
SL should be at BE now...
Indeed, this was a good sonic R set-up. I did take it.

EP: 1.6840
TP: 1.6880
SL: 1.6800

Just woke up from a nap and decided to bail out with +15 pips.
  • #7,622
  • Nov 17, 2009 4:21am Nov 17, 2009 4:21am
Quoting Rastaman
TAH
Nice Job T, I like how the charts are clean when we switch to higher TF like H4 or D1.

Did you forget to add the Bid Line indicator to the templates?
Doesn't show up on any of them.

No big deal, we just add it manually and save the template.



Just looking at GU from yesterday and wonder what you think about the relatively low volume in the uptrend?

Are we going to get another pump then the Dump?
Rastaman, if you right click on chart and select to see the indicators, you should see the Bid Line Price & Timer indy as the last one in the first group (those for the body of the chart). If all the indicators in the zip are installed in the experts/indicators file, when you select one of the templates, the Bid Line Price & Timer labels should appear. Check to see it is on the list of chart indicators. It should be.

As for GU, volume increased as price rose to make a double top.....increased trading activitiy at the highs might very well be traders getting on board SHORT.
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  • #7,623
  • Nov 17, 2009 4:38am Nov 17, 2009 4:38am
Rastaman, folks, my bad! The zip folder had the Bid Line Price & Timer set for colors for black chart, not white. I have changed the zip file at the original post. Down load it again and you should have that indy all set up with the right settings for a white chart.
  • #7,624
  • Edited 5:46am Nov 17, 2009 5:25am | Edited 5:46am
UJ: Dragon about sideways now, having levelled off at bottom. PA made two bounces off lower TL. Now up to 89ema and bounce down from it....which could set up the legs of the WAVE that we need.....down and up. Oh, and there was increasing volume as the price went down the second time to bounce off the lower TL. I could take that as traders jumping on the "long" train. But that is speculation.....we trade what we see.

Edit: Add second chart.....will it end up looking something like it?
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  • #7,625
  • Nov 17, 2009 5:58am Nov 17, 2009 5:58am
GU: It is looking very weak. Consolidating. Next leg could very well be down. Dragon is rolling over and PA is below 89 ema during consolidation. CCI truely in bear territory. If PA moves up from Daily main pivot, it just might help build the retrace part of WAVE.....then down for entry. Or, it might just drop from here.
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  • #7,626
  • Nov 17, 2009 6:07am Nov 17, 2009 6:07am
Quoting traderathome
UJ: Dragon about sideways now, having levelled off at bottom. PA made two bounces off lower TL. Now up to 89ema and bounce down from it....which could set up the legs of the WAVE that we need.....down and up. Oh, and there was increasing volume as the price went down the second time to bounce off the lower TL. I could take that as traders jumping on the "long" train. But that is speculation.....we trade what we see.

Edit: Add second chart.....will it end up looking something like it?
i took the same trade on 2d chart same tp in trailing now
  • #7,627
  • Nov 17, 2009 6:08am Nov 17, 2009 6:08am
UJ: As I currently see it. Not looking for a lot on it, not until I see if it really builds strength.
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  • #7,628
  • Nov 17, 2009 7:16am Nov 17, 2009 7:16am
Quoting traderathome
Rastaman, folks, my bad! The zip folder had the Bid Line Price & Timer set for colors for black chart, not white. I have changed the zip file at the original post. Down load it again and you should have that indy all set up with the right settings for a white chart.

TAH
I just loaded all the templates and the bid indi is not listed in any of them.

Here are two screenshots as the indicator window needs scrolling.
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Starting to see instead of just looking.
  • #7,629
  • Edited 7:51am Nov 17, 2009 7:38am | Edited 7:51am
Quoting Rastaman
TAH
I just loaded all the templates and the bid indi is not listed in any of them.

Here are two screenshots as the indicator window needs scrolling.
I just replaced the zip folder again! First I deleted the templates and recopied them from my templates file. Try it and let me know.

If you still have a problem with the templates not showing the indy, simply drag and drop the indy on the chart. It has the settings for white charts, so it should immediately solve the problem. But I want to know if the zip file is now ok, or if I need to pull it and find out what is wrong.
  • #7,630
  • Nov 17, 2009 8:09am Nov 17, 2009 8:09am
Quoting traderathome
I just replaced the zip folder again! First I deleted the templates and recopied them from my templates file. Try it and let me know.

If you still have a problem with the templates not showing the indy, simply drag and drop the indy on the chart. It has the settings for white charts, so it should immediately solve the problem. But I want to know if the zip file is now ok, or if I need to pull it and find out what is wrong.
Good job T.

All charts now display the bid line.
Starting to see instead of just looking.
  • #7,631
  • Nov 17, 2009 8:29am Nov 17, 2009 8:29am
GU: Keep an eye out for this one. It looks like it has good potential as a short......lets see if the WAVE sets up! I would consider early Ep just as price drops across the DPV, but with more "news" to come, it could still go higher.
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  • #7,632
  • Nov 17, 2009 11:48am Nov 17, 2009 11:48am
Hello, can we stay short with these waves forming a double bottom ?
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  • #7,633
  • Nov 17, 2009 12:42pm Nov 17, 2009 12:42pm
TAH
How and when did you close the UJ trade ? (as an example)
It was good for about 30 pips but did not hit TP levels
Tks
David

Quoting traderathome
UJ: Dragon about sideways now, having levelled off at bottom. PA made two bounces off lower TL. Now up to 89ema and bounce down from it....which could set up the legs of the WAVE that we need.....down and up. Oh, and there was increasing volume as the price went down the second time to bounce off the lower TL. I could take that as traders jumping on the "long" train. But that is speculation.....we trade what we see.

Edit: Add second chart.....will it end up looking something like it?
  • #7,634
  • Nov 17, 2009 5:56pm Nov 17, 2009 5:56pm
Quoting david4u
TAH
How and when did you close the UJ trade ? (as an example)
It was good for about 30 pips but did not hit TP levels
Tks
David
David4u, I closed trade about mid way between Ep and Tp1 when PA went stagnant. Several pairs looked like they had potential back then, but they all fizzelled.
  • #7,635
  • Edited 10:39pm Nov 17, 2009 6:33pm | Edited 10:39pm
Thanks for all the templates T.

I found my perfect sonic H1 sidechart.

Simply prefect!
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Starting to see instead of just looking.
  • #7,636
  • Nov 18, 2009 12:53am Nov 18, 2009 12:53am
Morning, guys!

I'm in, anyone with me? =)

Regards,
snu.
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  • #7,637
  • Nov 18, 2009 12:55am Nov 18, 2009 12:55am
Quoting Rastaman
Thanks for all the templates T.

I found my perfect sonic H1 sidechart.

Simply prefect!
I like your setup too, Rastaman! If you are using MT4, then how do you get two charts side by side to save as a picture without any of the upper and lower banners? As you can see from my picture save, a lot of garbage is included above and below the two charts inset in the main chart window. I never could figure how to exclude them. One chart only is ok, because you can select to save as picture just that active chart. But putting two together, you cannot use that choice.
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  • #7,638
  • Edited 1:35am Nov 18, 2009 1:22am | Edited 1:35am
Quoting snusnufreak
Morning, guys!

I'm in, anyone with me? =)

Regards,
snu.
Yep, I see upside to this. But only time will tell.
Edit: Note the trade volume building as it whipsaws with upwards overall drift.
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  • #7,639
  • Nov 18, 2009 1:34am Nov 18, 2009 1:34am
Quoting traderathome
I like your setup too, Rastaman! If you are using MT4, then how do you get two charts side by side to save as a picture without any of the upper and lower banners? As you can see from my picture save, a lot of garbage is included above and below the two charts inset in the main chart window. I never could figure how to exclude them. One chart only is ok, because you can select to save as picture just that active chart. But putting two together, you cannot use that choice.
TAH

Ok, just maximize your Mt4 to full screen and then hit the print screen key, then I open either photoshop or paint & hit ctrl+v to paste it, just use the crop tool to crop the tops and bottoms.
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Starting to see instead of just looking.
  • #7,640
  • Nov 18, 2009 1:39am Nov 18, 2009 1:39am
I have a short order on GU.
Looks like there is a lot of divergence going on with the MACD.
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Starting to see instead of just looking.
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