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Sonic R. System

  • #11,841
  • Apr 12, 2010 8:53am Apr 12, 2010 8:53am
Thank you from me too, excellent common sense explanation of order flow and volume, without the better volume hype and/or any big boy`s conspiracy theories....

Wonderful thread.
Be like water.
  • #11,842
  • Apr 12, 2010 9:50am Apr 12, 2010 9:50am
Dear sonicdeejay,
First of all thank you for your great system.
I am newbie here. I am following this thread from the beginning and still in the beginning.

1)If you don't mind and if you remember can you share the milestones of this system?
Personally i prefer simple chart with lees indicators.Like your sonicr1.tpl. I am curious and checked the last posts too, so i figure out charts are changed, and custom indicators are added.
2) Is it safe to practice the original system in post #1?
Since you have improved that i feel there must be reasons,can i know the whipsaws ?

Sorry for the bothering you,without reading till end, please excuse me, if you can give me major points(post numbers ) it will be a good help.

Thank you,
QP



Quoting sonicdeejay
My demo trade,,

See if the gap close..


Sonic
  • #11,843
  • Apr 12, 2010 10:27am Apr 12, 2010 10:27am
EUR/JPY: setup triggered
Attached Image (click to enlarge)
Click to Enlarge Name: asd334463522.jpg Size: 148 KB
cut losses short, let profits run.
  • #11,844
  • Edited 1:33pm Apr 12, 2010 12:46pm | Edited 1:33pm
UJ:

In about 15 minutes we have a US release, and maybe some subsequent PA on pairs with US......
Edit: It is now about 30 minutes after the release, and no PA. The day is done most likely.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 126.gif Size: 35 KB
Click to Enlarge Name: # 127.gif Size: 35 KB
  • #11,845
  • Apr 12, 2010 7:24pm Apr 12, 2010 7:24pm
First demo TP triggered
Trade opened @ the vertical marker @ 126.630
SL @ BE
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Sell 12.04.10 b.jpg Size: 500 KB
  • #11,846
  • Apr 12, 2010 7:37pm Apr 12, 2010 7:37pm
Quoting PositivePiP
First demo TP triggered
Trade opened @ the vertical marker @ 126.630
SL @ BE
SL @ BE
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Sell 12.04.10 bb.jpg Size: 251 KB
  • #11,847
  • Apr 12, 2010 8:39pm Apr 12, 2010 8:39pm
Quoting PositivePiP
SL @ BE
2nd TP hit @ 125.950

I'm done go to bed...
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY Sell 12.04.10 c.jpg Size: 131 KB
  • #11,848
  • Edited 11:02pm Apr 12, 2010 10:38pm | Edited 11:02pm
UJ TP1 & SL @BE+

More of a reentry as I missed the original breakout.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 152 KB
Starting to see instead of just looking.
  • #11,849
  • Edited Apr 13, 2010 12:22am Apr 12, 2010 11:17pm | Edited Apr 13, 2010 12:22am
hey traders what are your thoughts about this one here EG

edit:
ps: removed setup to not conduct anyone to an error...
  • #11,850
  • Apr 13, 2010 12:13am Apr 13, 2010 12:13am
Quoting amlavor
hey traders what are your thoughts about this one here EG

edit:
ps: Im set,

E - .88510
TP1 - .88750
TP2 - .89400
SL - .88300(short)

amlavor, i am watching tis pair as well. its gonna be a vice versa trade. break up or fail to break up - go down
trade safe
  • #11,851
  • Apr 13, 2010 12:51am Apr 13, 2010 12:51am
Did anyone here notice that when the 15MTF gets around to 7 minutes, it has a bigger movement or higher vol. even in my computer I can hear the hard driver working more around that time and that really moves....????
  • #11,852
  • Apr 13, 2010 2:18am Apr 13, 2010 2:18am
Quoting sonicdeejay
My demo trade,,

See if the gap close..


Sonic
hi dear

many thanks for sharing

I have download all of ur version .. now which version ur use at the final?
  • #11,853
  • Edited 2:35am Apr 13, 2010 2:22am | Edited 2:35am
EUR/JPY

I am working on the NVO and trying to see how price movement is related to it. Hopefully, Basber and TAH will give their opinion on this & correct any misunderstanding.


EDIT: Lower PIC. I wanted to see volume drop off a little more before the 38.2 was violated but it was not to be.
Perhaps the 23.6 will give us a retracement to the 38.2?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EJ.jpg Size: 133 KB
Click to Enlarge Name: pic.jpg Size: 127 KB
Starting to see instead of just looking.
  • #11,854
  • Apr 13, 2010 3:50am Apr 13, 2010 3:50am
O, I think I see what is going on after rethinking the smaller waves and replacing them with larger ones.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 138 KB
Starting to see instead of just looking.
  • #11,855
  • Apr 13, 2010 3:56am Apr 13, 2010 3:56am
Quoting Domas4
EUR/JPY: setup triggered
EUR/JPY: TP hit. +79
Attached Image(s) (click to enlarge)
Click to Enlarge Name: asd334463522.jpg Size: 148 KB
Click to Enlarge Name: asd33446352222.jpg Size: 145 KB
cut losses short, let profits run.
  • #11,856
  • Edited 6:04am Apr 13, 2010 5:38am | Edited 6:04am
ep 5392
sl 5339
tp 5450
tp2 5500



+40 half of position; will take 90% off @ tp1, and let 10% ride to tp2.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu 1304.jpg Size: 127 KB
Click to Enlarge Name: gu 1304 +40 half.jpg Size: 130 KB
  • #11,857
  • Apr 13, 2010 6:10am Apr 13, 2010 6:10am
Quoting Rastaman
EUR/JPY

I am working on the NVO and trying to see how price movement is related to it. Hopefully, Basber and TAH will give their opinion on this & correct any misunderstanding.


EDIT: Lower PIC. I wanted to see volume drop off a little more before the 38.2 was violated but it was not to be.
Perhaps the 23.6 will give us a retracement to the 38.2?
I bet lower..and I have demo short..since yesterday...

Trade the waves..buddy...it can go higher too..

Well..lets the market decides..

Sonic
  • #11,858
  • Apr 13, 2010 7:00am Apr 13, 2010 7:00am
Quoting Quitepips
1)If you don't mind and if you remember can you share the milestones of this system?
Personally i prefer simple chart with lees indicators.Like your sonicr1.tpl. I am curious and checked the last posts too, so i figure out charts are changed, and custom indicators are added.
2) Is it safe to practice the original system in post #1?
Since you have improved that i feel there must be reasons,can i know the whipsaws ?

Sorry for the bothering you,without reading till end, please excuse me, if you can give me major points(post numbers ) it will be...
Hi QP,

Welcome

About your questions ... This system is based on Waves & supports and resistance (mostly waves). So you can Delete CCI, QQE, Pivots & 89EMA from the last version (V3). So you can just be with Dragon tunnel . It's better to keep our charts as clean as we can.

The bone of this system hasn't changed a bit. Just some changes in indicators. Now it's better to deal with less indicators. As you see, many of traders here don't use QQE and CCI.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #11,859
  • Apr 13, 2010 7:03am Apr 13, 2010 7:03am
Quoting ammar2000a70
hi dear

many thanks for sharing

I have download all of ur version .. now which version ur use at the final?
As I said in my last post, this method is based on waves. Obviously the last one is the final one. You can Delete QQE and even CCI if you want. But if you are a bigginer, it's better to have CCI for first weeks, then you can delete it.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #11,860
  • Apr 13, 2010 7:15am Apr 13, 2010 7:15am
Quoting Rastaman
EUR/JPY

I am working on the NVO and trying to see how price movement is related to it. Hopefully, Basber and TAH will give their opinion on this & correct any misunderstanding.


EDIT: Lower PIC. I wanted to see volume drop off a little more before the 38.2 was violated but it was not to be.
Perhaps the 23.6 will give us a retracement to the 38.2?
RM,

I Look for volume at tops and bottoms and consolidation areas. I don't have any bias when I saw volume on drops or vice versa. For example, I'm in a trade (GU) now. Here was my analysis before I enter the market :
"See the pic"
(second tp is much higher, I'll trail it if price breaks the previous high)

It may reverse on me at any time. but it's how I think about it.

Regards,
Basber
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 36 KB
Trading methods are designed to put the odds in our favor, not predicting.
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sonicdeejay