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Sonic R. System

  • #8,021
  • Nov 29, 2009 7:03pm Nov 29, 2009 7:03pm
Quoting Rastaman
TAH

Just installed the latest pivots but, I thought my broker was on GMT but it seems not.


My broker's time according to the P4 clock is 2:45 AM Tokyo is currently 9:45 AM. GMT is 12:45 AM, So I need to set the pivots for 7 hours difference from server?

HrsServerTZfromGMT=9
HrsChoiceTZfromGMT=9


Sorry, I always muddle up these time zones.
Sounds like your broker is GMT +2 hours...2 hours before GMT. This is the same as the MT4 that FXDD offers. It's server is GMT +2 hours. So, if I want pivots to be calculated based upon GMT time, then I set the first/server input to "2" since it is 2 hours ahead of GMT, and then I set the second/desired Tz to "0", which is GMT/no offset.

What you set depends on what Tz you want your pivots calculations to be based upon.
  • #8,022
  • Nov 29, 2009 7:06pm Nov 29, 2009 7:06pm
Quoting traderathome
Sounds like your broker is GMT +2 hours...2 hours before GMT. This is the same as the MT4 that FXDD offers. It's server is GMT +2 hours. So, if I want pivots to be calculated based upon GMT time, then I set the first/server input to "2" since it is 2 hours ahead of GMT, and then I set the second/desired Tz to "0", which is GMT/no offset.

What you set depends on what Tz you want your pivots calculations to be based upon.

Hmm, so there is no correct setting?

I see, well,not really.
Starting to see instead of just looking.
  • #8,023
  • Edited 7:25pm Nov 29, 2009 7:06pm | Edited 7:25pm
Gbpusd:
Ep @ 1.6533
sl @ 1.6495
tp @ 1.6579

Edit: took half profit at 1.6560, move SL to BE and go to bed...
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  • #8,024
  • Nov 29, 2009 7:12pm Nov 29, 2009 7:12pm
I am sticking to the rules, by the letter and currently have superglue on my hands, sticking them to the chair as far away from the mouse as possible.


Ooops, Got one free and it grabbed the mouse.

Still, I am only marking the would be entry and not actually trading it.



So, those RH&S were valid.
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Starting to see instead of just looking.
  • #8,025
  • Nov 29, 2009 7:18pm Nov 29, 2009 7:18pm
USDCHF :
EP @ 1.0034
SL @ 1.0062
tp @ 1.0005
tp @ 0.9970
let the market go...

Edit: took half profit at 1.0017, move SL to BE and go to bed...
Attached Image (click to enlarge)
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  • #8,026
  • Nov 29, 2009 7:33pm Nov 29, 2009 7:33pm
Quoting cignus
USDCHF :
EP @ 1.0034
SL @ 1.0062
tp @ 1.0005
tp @ 0.9970
let the market go...

Edit: took half profit at 1.0017, move SL to BE and go to bed...

Nice trades.
Starting to see instead of just looking.
  • #8,027
  • Nov 29, 2009 8:43pm Nov 29, 2009 8:43pm
Quoting Rastaman
Hmm, so there is no correct setting?

I see, well,not really.
It is simple, Rastaman. Do you want pivots based on GMT? If so, and if your broker/server is GMT +2 then "2" is the first setting. And of course "0" for GMT is the second setting!
  • #8,028
  • Nov 29, 2009 9:47pm Nov 29, 2009 9:47pm
Quoting traderathome
It is simple, Rastaman. Do you want pivots based on GMT? If so, and if your broker/server is GMT +2 then "2" is the first setting. And of course "0" for GMT is the second setting!
Got it sorted out.
I switched to the platform the broker is on and broker time is now exactly as GMT time.

So, I switched all the pivot switches back to 0.

Did you take that EU trade T?
Starting to see instead of just looking.
  • #8,029
  • Edited 11:25pm Nov 29, 2009 10:33pm | Edited 11:25pm
UJ: Let's see where this goes....

Edit: Added second chart. Price has stalled. Green shows the general shape of the WAVE. Note the Red vertical line....whipsawed over 60 pips. Sometimes a whipsaw like that preceeds a good move. But so far, it is not happening. And I am thinking the longer nothing happens, does it become more likely the move will reverse? We will see.

Edit: Added third chart. Tp1 reached.
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  • #8,030
  • Nov 30, 2009 12:54am Nov 30, 2009 12:54am
Quoting cignus
USDCHF :
EP @ 1.0034
SL @ 1.0062
tp @ 1.0005
tp @ 0.9970
let the market go...

Edit: took half profit at 1.0017, move SL to BE and go to bed...
SL hit at BE in my night ... on a pinbar
It was the risk of moving SL too soon...

Well, next...
  • #8,031
  • Nov 30, 2009 12:56am Nov 30, 2009 12:56am
Quoting cignus
Gbpusd:
Ep @ 1.6533
sl @ 1.6495
tp @ 1.6579

Edit: took half profit at 1.6560, move SL to BE and go to bed...
TP hit while sleeping...

Next ->
  • #8,032
  • Edited 3:29am Nov 30, 2009 1:45am | Edited 3:29am
Quoting cignus
TP hit while sleeping...

Next ->
Great, that is what you want.



Don't you just love those H&S patterns for the Sonic waves they create.
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Starting to see instead of just looking.
  • #8,033
  • Nov 30, 2009 2:38am Nov 30, 2009 2:38am
Vol ramping up while the price drip...
could BB loading up longs while bring down the price??

I will not go in short..but definitely wait for proper long set up too..to point rushing in a trade..

Sonic
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  • #8,034
  • Nov 30, 2009 2:39am Nov 30, 2009 2:39am
duno to take this or not

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  • #8,035
  • Nov 30, 2009 3:39am Nov 30, 2009 3:39am
I would personally be wary of the support not far away, for taking a short.

The Daily pivot and 61.8 fibo so close together would keep me from shorting this right now.


Rastaman, is exercising patience so as to see the Real Deal.
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Starting to see instead of just looking.
  • #8,036
  • Nov 30, 2009 3:50am Nov 30, 2009 3:50am
where did you get the calendar indicator in the upper left of your chart ?

P.s. keep up the good work.
"The future is already written in the past"
  • #8,037
  • Nov 30, 2009 4:40am Nov 30, 2009 4:40am
Quoting sonicdeejay
Vol ramping up while the price drip...
could BB loading up longs while bring down the price??

I will not go in short..but definitely wait for proper long set up too..to point rushing in a trade..

Sonic
watch this TL and see how pa react when it cls in. let the TL lead the way, but if it break, it will be a diff story. lets see

IMO
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trade safe
  • #8,038
  • Edited 5:16am Nov 30, 2009 4:47am | Edited 5:16am
Looking for this set up on EURUSD :
EP @ 1.5056
SL @ 1.5024
TP1 @ 1.5084
TP2 @ 1.5117

Not a good one?

EDIT: EP triggerred @ 1.5056 SL still alive for 1 point ...
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  • #8,039
  • Edited 5:21am Nov 30, 2009 5:18am | Edited 5:21am
Hi ! I took this one with moderate optimism given it doesn't seem to have a lot of space to go down...

EP : 0.914
SL : 0.916
TP1 : 0.907
TP2 ...
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  • #8,040
  • Nov 30, 2009 5:19am Nov 30, 2009 5:19am
Quoting cignus
Looking for this set up on EURUSD :
EP @ 1.5056
SL @ 1.5024
TP1 @ 1.5084
TP2 @ 1.5117

Not a good one?

SL too close..
Min 1.5015

Sonic
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