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Sonic R. System

  • #10,901
  • Mar 15, 2010 3:06am Mar 15, 2010 3:06am
UJ Potential Long Trade:

EP as price breaks mR1. TP at mR2. SL below Monthly mR1.
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  • #10,902
  • Edited 6:05am Mar 15, 2010 3:12am | Edited 6:05am
I am ready, a bit more conservative entry, though.

This trade was a mistake, I intended to sell GU not EU!

Thanks to my dear wife!!!!!
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  • #10,903
  • Mar 15, 2010 3:17am Mar 15, 2010 3:17am
Quoting traderathome
GU Short Trade:

I entered a bit early (high). Proper EP is blue rectangle. Black TL, my guess, will approximate limit of any pump by US traders later. If PA breaks it, I will worry.

I am with you from 45!
  • #10,904
  • Mar 15, 2010 3:27am Mar 15, 2010 3:27am
Quoting traderathome
UJ Potential Long Trade:

EP as price breaks mR1. TP at mR2. SL below Monthly mR1.
I see you are using the new version of pivot indy , but either way my chart on UY doesnt look like yours about mR1, mR2...can you tell me why?
  • #10,905
  • Mar 15, 2010 3:28am Mar 15, 2010 3:28am
..i am a little bit sleepy...
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  • #10,906
  • Edited 3:59am Mar 15, 2010 3:42am | Edited 3:59am
Quoting DanPa
I see you are using the new version of pivot indy , but either way my chart on UY doesnt look like yours about mR1, mR2...can you tell me why?
Two different indys, DanPa. You are using the TzPivotsD_v3.5 indy set to GMT. My chart is using pre-release version of PivotsD_v6, a non-time zone shift indy. And my MT4 server is GMT+2. Our 24 hour pivot days have starting points two hours apart. That is why they are different. It also looks like you are using the fibonacci pivots formula, whereas I am using the Daily pivots formula.

BTW, if you go to Chart Properties and uncheck the "show OHLC", and then scroll down TzPivots_v3.5 inputs window to the Data Panel section to the "Chart_OHLC_Is_Shown" and input "false", your chart will look a lot better!
  • #10,907
  • Mar 15, 2010 3:48am Mar 15, 2010 3:48am
Quoting traderathome
Two different indys, DanPa. You are using the TzPivotsD_v3.5 indy set to GMT. My chart is using pre-release version of PivotsD_v6, a non-time zone shift indy. And my MT4 server is GMT+2. Our 24 hour pivot days have starting points two hours apart. That is why they are different.

OK, so where can i found this new version, it is yet available? what broker are you using for charts? thx
  • #10,908
  • Mar 15, 2010 4:06am Mar 15, 2010 4:06am
GU Short Trade:

Temporarily closed all near the Weekly PV line for about 65 pips profit. I am thinkiing a pullback now until US traders come forth....they may pull it up too, before more downside. If not, I am out and with ok profit.
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  • #10,909
  • Mar 15, 2010 4:07am Mar 15, 2010 4:07am
+52 pips ! a very good morning and start for the week!

thank you TAH !
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  • #10,910
  • Mar 15, 2010 4:12am Mar 15, 2010 4:12am
Quoting traderathome
GU Short Trade:

Temporarily closed all near the Weekly PV line for about 65 pips profit. I am thinkiing a pullback now until US traders come forth....they may pull it up too, before more downside. If not, I am out and with ok profit.

WHAT THE %$#$$%#$#%$@%^$.

My wife was mythering me to do something right as I was making my orders.
I just sold EU instead of GU. I saw T's chart and I am like, how can he be at TP1 while I am just in this trade.
Nooooooooooooooooooooooooooooooooooooooooooooooooooooo
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  • #10,911
  • Mar 15, 2010 4:13am Mar 15, 2010 4:13am
i made those changes TAH...
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  • #10,912
  • Edited 5:03am Mar 15, 2010 4:46am | Edited 5:03am
I am not going to take a 40 pip loss on a trade I did not plan, all I can do is manage it with damage control.

Moved SL to 20 pips and will get the hell out of this trade if it breaks my BE+.

The PPZ may hold as it is below the 50 fibo.
If it doesn't too bad.

My wife is getting a firm directive to not hassle me at this time of the day!



EDIT: I am out for BE+! Phew.......................! Right above the Monthly and weekly pivots!
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  • #10,913
  • Mar 15, 2010 4:58am Mar 15, 2010 4:58am
Because of PA..i made another short here...with an result of +42 pips! WOW!
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  • #10,914
  • Mar 15, 2010 5:04am Mar 15, 2010 5:04am
Ep 124.35
tp 123.77
sl 124.87
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  • #10,915
  • Mar 15, 2010 5:06am Mar 15, 2010 5:06am
Quoting DanPa
+52 pips ! a very good morning and start for the week!

thank you TAH !

Way to go DP!
I was selling the wrong pair, thanks to my wife!!!!!!

DP, watch out for 124.20 and the trend on H4 & H1 which is seriously up!
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  • #10,916
  • Mar 15, 2010 5:11am Mar 15, 2010 5:11am
Quoting Rastaman
Way to go DP!
I was selling the wrong pair, thanks to my wife!!!!!!

DP, watch out for 124.20 and the trend on H4 & H1.

Ooops, i forget to look in the left side of chart!!!!! Thank you Rasta!!!
  • #10,917
  • Edited 5:59am Mar 15, 2010 5:49am | Edited 5:59am
I planned this trade all afternoon, it was my prime target.
Then my wife blows it away in like 2 minutes.
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  • #10,918
  • Mar 15, 2010 6:04am Mar 15, 2010 6:04am
Quoting Rastaman
I planned this trade all afternoon, it was my prime target.
Then my wife blows it away in like 2 minutes.
...well , when you are married you have to expect to this things..!

it happen to anyone!!!

ps: i am out from EY with +1 pips!!! too scared!
  • #10,919
  • Mar 15, 2010 6:18am Mar 15, 2010 6:18am
Quoting Rastaman
I planned this trade all afternoon, it was my prime target.
Then my wife blows it away in like 2 minutes.
Hi RM,

I liked E/U wave more than G/U, but I didn't trade any of them ... It was not a bad entry. It just didn't go the way you thought. Let me ask you something; wasn't there any possiblity that E/U would've been dropped more than G/U ? If you can find an answer that satisfy this question, then you were in a wrong trade. If not, you traded well. Remember when TAH was shorting G/U, but E/U dropped like ... ?! but he was not doing anything wrong.

If you saw a good setup on two pairs, you can split your position size and trade both E/U and G/U. This way you can have big moves. But again, you didn't do anything wrong I believe. If I wanted to trade, I liked E/U more than G/U ! But as long as I'm in a G/U short from month ago, I'm not intending to take these setups. I'm waiting for a very good setup to add to my position or a very good long setup to reverse it.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,920
  • Edited 6:50am Mar 15, 2010 6:37am | Edited 6:50am
Quoting Basber
Hi RM,

I liked E/U wave more than G/U, but I didn't trade any of them ... It was not a bad entry. It just didn't go the way you thought. Let me ask you something; wasn't there any possiblity that E/U would've been dropped more than G/U ? If you can find an answer that satisfy this question, then you were in a wrong trade. If not, you traded well. Remember when TAH was shorting G/U, but E/U dropped like ......

Hi, Basber

No, I did not like the EU short for several reasons, the PPZ where it had been ranging on H4, the Weekly & Monthly Pivots being so close together.

GU seemed to have a much better chance of making a break for it according to the PB on H4 and the PPZ of possible target areas.

EDIT: I have this habit of when I see the wave forming on M15 of going over to higher H4 to check it out, maybe this is not so good?
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