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Sonic R. System

  • #9,781
  • Feb 8, 2010 3:46pm Feb 8, 2010 3:46pm
EJ:

PA is in the middle of a 200 pip range, as shown in first chart (M30), with price just recently dropping below the mid-range whole number. The second chart (M15) shows how I am viewing the potential for the price to move downwards, at least to the bottom of the range. The FE study has the 127% projection level just above the bottom of the range whole number. But I am placing target at the FE 162% level, the area of the previous most significant low.

The SL will be tightened to BE+ if this starts to move down in the early asian session. If it stalls 20-40 pips down, I'll close and look for re-entry on another move down later (FO/LO?).

Now, I'll just wait and see what the market decides.
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  • #9,782
  • Feb 8, 2010 4:14pm Feb 8, 2010 4:14pm
GBPUSD :
SL triggered @ BE on last trade...
Didn't ake this signal coz I wasn't in from of my desk...
But it would have been a good one even with CCI >0...
Here how I would have trade this signal :
white : EP
red : SL
Green : TP
TP1 would have been hit and SL should br at BE for now.
Attached Image (click to enlarge)
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  • #9,783
  • Feb 8, 2010 4:21pm Feb 8, 2010 4:21pm
Quoting cignus
GBPUSD :
SL triggered @ BE on last trade...
Didn't ake this signal coz I wasn't in from of my desk...
But it would have been a good one even with CCI >0...
Here how I would have trade this signal :
white : EP
red : SL
Green : TP
TP1 would have been hit and SL should br at BE for now.
Cignus, your Lots Optimizer Indicator looks real nice! Congratulations on a fine, and very useful I might add, piece of coding. Is the last posted .mq4 file up-to-date?
  • #9,784
  • Feb 8, 2010 4:41pm Feb 8, 2010 4:41pm
Quoting traderathome
Cignus, your Lots Optimizer Indicator looks real nice! Congratulations on a fine, and very useful I might add, piece of coding. Is the last posted .mq4 file up-to-date?
Thanks...
I've lots of upgrade to make, but this version is fully fonctionnable with sonicR strategy... It gives me real time, when the sonicR signal arises, the right number of lots to take to follow my money management. (using fractal stops...)
You can switch off informations to be displayed.. and keep only the number of lots to take less place on the graph...

The last file I've put on the thread is the last one...

Hope It can be usefull to others...

PS: be carefull, it seems I've got a very little bug with TE stops...
Attached File(s)
File Type: mq4 Cignus_Lot_Optimizer.mq4   16 KB | 425 downloads
  • #9,785
  • Edited 8:54pm Feb 8, 2010 8:35pm | Edited 8:54pm
Quoting traderathome
EJ:

PA is in the middle of a 200 pip range, as shown in first chart (M30), with price just recently dropping below the mid-range whole number. The second chart (M15) shows how I am viewing the potential for the price to move downwards, at least to the bottom of the range. The FE study has the 127% projection level just above the bottom of the range whole number. But I am placing target at the FE 162% level, the area of the previous most significant low.

The SL will be tightened to BE+ if this starts to move down in the early asian session....

TAH

Don't you just love these ranging sessions.
I realized at last that these ranges can be our friend instead of our enemy and they can be our bread and butter, with the right mental approach.
I used to hate them waiting all the time for the breakout, looking only for the breakout and getting burnt out. Now, I treat them as strong support and resistance in a confine that can give us clear entries and if we catch the breakout at the end, all the better.
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Starting to see instead of just looking.
  • #9,786
  • Feb 8, 2010 9:05pm Feb 8, 2010 9:05pm
Quoting Rastaman
TAH

Don't you just love these ranging sessions.
I realized at last that these ranges can be our friend instead of our enemy and they can be our bread and butter, with the right mental approach.
I used to hate them waiting all the time for the breakout, looking only for the breakout and getting burnt out. Now, I treat them as strong support and resistance in a confine that can give us clear entries and if we catch the breakout at the end, all the better.
Absolutely right, Rastaman! And waiting for the prime time market breakout is important. The asian session offers more "head fakes" than breakouts (which can be traded for 20ish pips, but not usually more than that unless it becomes a true asian breakout).

I have come to putting whole and half number lines on chart, in lieu of pivots, at times. When I "back away" these lines become incredibly consistent levels of support and resistance. EU is in a 100 pip MOL range and currently in the top half. The half number below current PA is a key if price drops. The whole number above current PA is a key if price climbs.
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  • #9,787
  • Feb 8, 2010 9:49pm Feb 8, 2010 9:49pm
Yes, I am also using Round number pivots indicator mainly for reference on Higher TF.
I find drawing price flip pivots and rounding them off to the nearest round number is effective.

Took a while but the penny dropped at last.

PS: They also show how effective Sonics system is even on higher TF.
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Starting to see instead of just looking.
  • #9,788
  • Feb 9, 2010 2:22am Feb 9, 2010 2:22am
Nice waves on EU right up to the 38.2

TAH

Think this could be the Pump N Dump right at the weekly 38.2, with confluence with the weekly pivot?
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Starting to see instead of just looking.
  • #9,789
  • Feb 9, 2010 4:27am Feb 9, 2010 4:27am
Quoting Rastaman
Nice waves on EU right up to the 38.2

TAH

Think this could be the Pump N Dump right at the weekly 38.2, with confluence with the weekly pivot?
Yes. It is still in the range, reclaiming the upper regions. And the move up looks like a Bear Channel. US open may turn it, with or without first another pump. If we don't get the turn, then we are in for some more sideways delay while the players "consolidate", meaning that they will delay a move until they have converted from longs to shorts. To do this, they will keep it ranging until they have suckered in enough longs to accomodate the shorts they want before a big move. All this is just speculation, and based on an assumption that the next big move will be down.

We trade what the charts show us....period!
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  • #9,790
  • Edited 5:48am Feb 9, 2010 5:35am | Edited 5:48am
Hello Sonikers,

EU daily is in a bear flag and just touched its resitance @ 1.374x.
I wait for a new LH to place a trade and have a better SL. My preoccuation is DPV and the support trenline of the bear channel.
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  • #9,791
  • Feb 9, 2010 5:50am Feb 9, 2010 5:50am
EJ looks better for a short, there is more space between EP and DPV, support trendline.
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  • #9,792
  • Feb 9, 2010 7:57am Feb 9, 2010 7:57am
Quoting pipoca
EJ looks better for a short, there is more space between EP and DPV, support trendline.
Cignus, check your PMs.
  • #9,793
  • Feb 9, 2010 8:49am Feb 9, 2010 8:49am
Quoting Rastaman
Yes, I am also using Round number pivots indicator mainly for reference on Higher TF.
I find drawing price flip pivots and rounding them off to the nearest round number is effective.

Took a while but the penny dropped at last.

PS: They also show how effective Sonics system is even on higher TF.
Hi Rastaman ,

Nice to have you back. Can you post the round number pivot indicator

Thanks
Lmarti
  • #9,794
  • Feb 9, 2010 8:50am Feb 9, 2010 8:50am
Quoting Basber
Hi TAH

It Went Well I Have This Exam In Two Weeks, But Now I Have More Free Time And I Could Log On More It's Ggggrrrrreeeeaat To Be With You Guys

Regards,
Basber

Hi Basber.

Nice to have you back
Lmarti21
  • #9,795
  • Feb 9, 2010 1:08pm Feb 9, 2010 1:08pm
I'm new here, I'm trying to download sonic vr3 , an attachement.php and that is it , I can't find the template file . tlp.... help...

Thanks
  • #9,796
  • Feb 9, 2010 1:59pm Feb 9, 2010 1:59pm
Quoting zz_zhang
Tis is my 1st trade of the week. lets see how it goes~

gd luck to all sonickers

trade finally cls, 100 pips TP ~

cheers
trade safe
  • #9,797
  • Feb 9, 2010 2:00pm Feb 9, 2010 2:00pm
hello guyz , Where u all guyz here no DD no sonic No domas .....threads still live ?

Muhammad
FxHome
  • #9,798
  • Feb 9, 2010 2:33pm Feb 9, 2010 2:33pm
Quoting Muhammad989
hello guyz , Where u all guyz here no DD no sonic No domas .....threads still live ?

Muhammad
Hi Muhammad,

DD's Gonna Be Back In No Time. He's a Little Busy Right Now I Hope To See Him Soon

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #9,799
  • Feb 9, 2010 2:39pm Feb 9, 2010 2:39pm
Quoting alkusa
I'm new here, I'm trying to download sonic vr3 , an attachement.php and that is it , I can't find the template file . tlp.... help...

Thanks
Hi Alkusa,

Welcome I've Checked The File And Templates Was Right There ... I Dunno Your Problem Exactly ... Could You Clarify It a Little Bit More ?

Regards,
Basber
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Trading methods are designed to put the odds in our favor, not predicting.
  • #9,800
  • Feb 9, 2010 2:42pm Feb 9, 2010 2:42pm
Quoting lmarti21
Hi Basber.

Nice to have you back
Lmarti21
Hi Lmarti,

Thanks Good To See You Here

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
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