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Sonic R. System

  • #10,061
  • Feb 17, 2010 11:16pm Feb 17, 2010 11:16pm
Quoting traderathome
I think you will find that this indy is well advanced from any of the SweeetSpots indys, especially the "Gold" version.
This may be a little late but thank you so much. I will check it out tomorrow when i have a bit of time. Continued blessings on your trading.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #10,062
  • Feb 18, 2010 12:09am Feb 18, 2010 12:09am
Quoting DanPa
I am wonder if this setup will work...i will give it a shot! (that is on demo account).

SL +1 ..free trade.
  • #10,063
  • Edited 2:24am Feb 18, 2010 1:51am | Edited 2:24am
UJ, is looking more bullish than bearish on H4.


EDIT: Talking to myself.

I am not going to wrestle with this, I am going to let the trade come to me and if it doesn't then it doesn't.

It goes up to the 50 fibo then breaks both pivots and they act as resistance or I am not in this.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 142 KB
Starting to see instead of just looking.
  • #10,064
  • Feb 18, 2010 2:17am Feb 18, 2010 2:17am
GU (and EU):

Last session for these sort of knocked the stuffing out of the bull. Looking at GU, there is always the chance that between the first run after LO and when the US gang cranks it up, there will be a sort of "reset". For GU this means that when this little drop ends, PA could pullup, or "reset" before completion of any more downside. What I refer to as "resetting" gives the traders coming in later, that missed the first move, a chance to do it themselves. And either they will "pump it up" to "reset" it, or the current traders might do it, or at least start it for them. In any case, look for a pullback, possibly to the original EP area (blue rectangle), for re-entry. The yellow band is the limit of the average trading range. The green rectangle is, imho, where the last target might be placed. The FE study shows other levels as possible targets.
Attached Image (click to enlarge)
Click to Enlarge Name: # 168.gif Size: 30 KB
  • #10,065
  • Feb 18, 2010 2:24am Feb 18, 2010 2:24am
Hello TAH,
please could you share with me what kind of FE tool you use? I saw you have at least 2 different ones ... I was looking in attachment section but didn't find any. Thanks for help.
  • #10,066
  • Feb 18, 2010 2:34am Feb 18, 2010 2:34am
Quoting D3trax
Hello TAH,
please could you share with me what kind of FE tool you use? I saw you have at least 2 different ones ... I was looking in attachment section but didn't find any. Thanks for help.
Hi, D3trax. What you see on the last chart is the standard MT4 FE tool. The levels shown are those that I input into the tool. The other tool you have seen is the standard MT4 FR tool, again with levels I have input into the tool. Both tools accomodate changing, adding, deleting levels. I recommend you experiment with these tools, as they are, and later modify them if you want to. To "stay on track" before you modify either, I also recommend you write down somewhere exactly what levels they came with (default). There is no "reset to default" button on these. The order levels are entered makes no difference, which helps when you want to make changes. I hope this information helps.
  • #10,067
  • Feb 18, 2010 2:46am Feb 18, 2010 2:46am
Hello TAH,
thank you for guidance.
  • #10,068
  • Feb 18, 2010 2:49am Feb 18, 2010 2:49am
Quoting Rastaman
UJ, is looking more bullish than bearish on H4.


EDIT: Talking to myself.

I am not going to wrestle with this, I am going to let the trade come to me and if it doesn't then it doesn't.

It goes up to the 50 fibo then breaks both pivots and they act as resistance or I am not in this.
Hi, Rastaman. Last session it seemed likely that if EU and GU dropped, then UJ would rise; dollar strength. And it did. Now this session, both EU and GU seem still on the trail of the Bear. So, UJ may again take the trail of the Bull. Yep, we wait for the trade. the attached chart shows a way to wait. Just wait to see which way PA breaks the cage confining the Dragon!
Attached Image (click to enlarge)
Click to Enlarge Name: # 169.gif Size: 22 KB
  • #10,069
  • Feb 18, 2010 2:53am Feb 18, 2010 2:53am
Hello Sonikers !
UJ Short
On the 4H UJ broke yesterday its bear flag and went back in.
A long is iteresting too, because we are near the flag resistance. I wait for a high near my stop level.
Remarks welcome
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj short order.gif Size: 38 KB
Click to Enlarge Name: uj short 4h.gif Size: 38 KB
  • #10,070
  • Feb 18, 2010 3:02am Feb 18, 2010 3:02am
Quoting traderathome
Hi, Rastaman. Last session it seemed likely that if EU and GU dropped, then UJ would rise; dollar strength. And it did. Now this session, both EU and GU seem still on the trail of the Bear. So, UJ may again take the trail of the Bull. Yep, we wait for the trade. the attached chart shows a way to wait. Just wait to see which way PA breaks the cage confining the Dragon!
Thanks for the advice T.

yeah, I have moved to H4 to get the info of where it wants to go or at least confirm the confines. If this last H4 candle breaks the low of the pb it will become a BEOB and let us get in short, if it breaks the high, the bulls are more than likely to take control. It is just S&R.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: h4.gif Size: 37 KB
Click to Enlarge Name: m15.gif Size: 28 KB
Starting to see instead of just looking.
  • #10,071
  • Feb 18, 2010 3:17am Feb 18, 2010 3:17am
EU Short re-entry
SL is tight because it is a re-entry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu short order.gif Size: 33 KB
Click to Enlarge Name: eu short 4h.gif Size: 35 KB
  • #10,072
  • Edited 3:29am Feb 18, 2010 3:18am | Edited 3:29am
Quoting Rastaman
Thanks for the advice T.

yeah, I have moved to H4 to get the info of where it wants to go or at least confirm the confines. If this last H4 candle breaks the low of the pb it will become a BEOB and let us get in short, if it breaks the high, the bulls are more than likely to take control. It is just S&R.
Well, I don't have much experience with Pitt Bull (pb) indicators or "Break Even Or Bust!" (BEOB) candles. Perhaps you can rise above the acronyms for us peasants and give us some learning? By the way, are you a fan of the ___ (ops, that needed ediiting) FE tool?
  • #10,073
  • Feb 18, 2010 3:26am Feb 18, 2010 3:26am
Quoting pipoca
Hello Sonikers !
UJ Short
On the 4H UJ broke yesterday its bear flag and went back in.
A long is iteresting too, because we are near the flag resistance. I wait for a high near my stop level.
Remarks welcome

Pipoca

I just noticed the spread on your UJ at 8 pips!

That is insanely high, the highest I have ever seen the spread on UJ is 3 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 43 KB
Starting to see instead of just looking.
  • #10,074
  • Feb 18, 2010 3:32am Feb 18, 2010 3:32am
Quoting Rastaman
Pipoca

I just noticed the spread on your UJ at 8 pips!

That is insanely high, the highest I have ever seen the spread on UJ is 3 pips.
Hello Rasta, it is my demo account for analysis, on my real account they give me now less than a pips
  • #10,075
  • Feb 18, 2010 4:02am Feb 18, 2010 4:02am
Quoting pipoca
Hello Rasta, it is my demo account for analysis, on my real account they give me now less than a pips

I see. Good. LoL
Starting to see instead of just looking.
  • #10,076
  • Feb 18, 2010 4:10am Feb 18, 2010 4:10am
seems to be finding support off the 38.2, I am going to let that H4 bar close and enter on the next bar.

If it takes off without me, that is ok.

As they say, it is better to be out of a trade wishing you were in than in a trade and wishing you were out.
Attached Image (click to enlarge)
Click to Enlarge Name: m15.gif Size: 28 KB
Starting to see instead of just looking.
  • #10,077
  • Feb 18, 2010 4:28am Feb 18, 2010 4:28am
I am in @90.78.
SL @ 91.04
TP1 @ 90.42
TP2 @ 90.12

ps: also i have floating EY .... +50 pips...
Attached Image (click to enlarge)
Click to Enlarge Name: uy shoty 1702.gif Size: 35 KB
  • #10,078
  • Feb 18, 2010 5:10am Feb 18, 2010 5:10am
Quoting DanPa
I am in @90.78.
SL @ 91.04
TP1 @ 90.42
TP2 @ 90.12
I am on the same
EP 90.79
SL 91.10
TP 90.48
TP 90.15

Now I see range with low volume activity and SL could be took

  • #10,079
  • Feb 18, 2010 5:19am Feb 18, 2010 5:19am
Quoting pipoca
I am on the same
EP 90.79
SL 91.10
TP 90.48
TP 90.15

Now I see range with low volume activity and SL could be took


..or maybe is just because he wanted to retest Daily Pivot?....we will see!
  • #10,080
  • Edited 5:36am Feb 18, 2010 5:24am | Edited 5:36am
EU Sonic long possible
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu long analysis 2.gif Size: 39 KB
Click to Enlarge Name: eu long analysis 4h.gif Size: 36 KB
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