Sonic R. System

Happy Birthday! This is my first post on forexfactory but I have been here alot and especially on this thread. I would like to thank you Sonicdeejay and all of you who are making this thread so informative and interesting. I learn every day and hope I can share some of my own thoughts in the future.

So once again, Happy Birthday and thanks for this method!

Attached is an upgrade to the Market Panel Clock indicator. This is the indicator that places on the chart a Market Panel extension containing a version of the P4L Clock, now improved.

In the original release, this indicator placed separate lines on the clock for Broker and Local times, if chosen. Per the P4L Clock, the Broker line was on top, and the Local line was on the bottom. This used up two of the allotted seven lines in the clock panel.

The code has been revised and improved. Now, the location representing Broker includes the label "(B)". The location representing Local includes the label "(L)". If they are the same, the label is "(B,L)". This frees up two lines for other locations to be displayed. More importantly, certainly more esthetically, no matter what you select, now all the lines in the clock will display in proper time sequence, including the time zones representing your Broker time and your Local time!

When setting up your clock lines for display, select so only 7 will display. Otherwise the clock will overrun the background. When selecting Broker and Local, the locations representing those time zones will automatically display, even if you have not individually selected them. And if they are different from the 7 you did select, then you will have to go back and remove one or two of the others.

No name change was given to this upgrade, so first go to your MT4 program files/experts/indicators and delete your existing indicator. Then download and install/paste this upgrade into that same folder. When you next open MT4, this upgrade indicator should automatically compile. On your template chart, open the External Inputs for this indicator and do the required selection process to make sure you are displaying only 7 lines in the clock, and that they are the lines you want displayed. Then resave your template. Then apply the new template to all your charts.

good night!
I wonder what the link where I can download the file SonicR.
thanks for the help.

I heard last week one those economist saying the EU would be 1.15 anytime soon, and by the end of the year 1 per 1.... its looking like is heading that way...but also look like we found a stable price right now, the only thing is the european countries are not helping with their economy, but lets find out in next couple of weeks, if the EU really break that resistence line, than xau....

Sorry for the late reply..

TPs hit..

Sonic

Less than two hours ahead of a US event, price was suddenly dashed up. Could it be they want time to trade up there before the words come out? Is it a possible indication the price will be dashed down again later? Based on Weekly chart, price is certainly in a pivotal zone.

It may be a shake out... Trade Signals during Asia session are worth avoiding for..

Sonic

Always good advice from you....trading wisdom beyond your "ancient" 30 years. (Of course, by that standard, I'm an archeological dig!)

Hi Basber
I was just wondering exacly how your brother managed this.
How many trades did he take this day?
Was it 1 large trade run for few hundred pips?
Was it a swing?
Did he just keep re-loading?
He must have big ones i tell you...
Please give us some details on this... i have heard of certain traders doing this but never to sure if it were true or not

EU Watch:

Looks to me like the asian bank trading desks spearheaded the drive up for the rest of their banking buddies, collusion,.....all to coax unsuspecting traders into long trades, which hopefully they have closed by now.....

....because the M15 is sporting a beautiful H&S. And look where the high NVO activity is on the M5!

What did I say earlier?.....that they might be driving it up in advance of releasess just to drive it down again later? Yep.

Too soon to take all my position out. I took 2/5 (40% of my position) at +200 pips. Close the rest at +330 pips. Risk on every 1/5 was 3%, so it was a big position for my account. If my final TP hit, my account will grow about 80% ... That's very good for me SL @ +100 pips right now.

Regards,
Basber

I'm telling you, Don't even try to do this !!

First deposit : 11,000 $
Leverage : 200
First position : 10 lot sell on eu (monday, 2010.5.10 , 8:30 GMT)
Second position : another 10 lot when his margin grew enought.
Then he added to his sell position on full margin. That means when he goes to profit for about 1,300$ , he added 1 lot to his sells. In the end, he had 800 lot sell. means every pip worth 8000$.
I managed his SLs.

Again, Numbers are shocking, but my brother is a big loser in long run. don't even think about it. I'm some kind of regreted that I said it in public ...

Regards,
Basber

Sonicdeejay, what is the first chart you posted? It is illegible and cannot be expanded and I have no idea what pair it is. Could you re-post it like the second one, which is clear and can be expanded?

EU Watch:

Less than two hours to go for final US events on EU (GU also). Meanwhile, the prices on these have been driven up in advance of the first event, now past. And now, while the prices are being held up, trading activity is highest at the highs! All this looks very much like preparations for an even bigger drive down later.....just an opinion.

Why a sudden 90 pip drop - Running stops ? Any suggestions ?

EU Short Trade:

EP just above FR 50% after price put in a lower high. Looks like GU may be starting down now, too.

Pure speculation, but here goes....

Those that drove the price up in the first place, to build a short position, finally ran out of liquidity....meaning no more people were going long which would enable them to take the short side. In order to continue to build their short position (must be looking forward to a huge drop....) they had to drive the price down lower, where long buyers might be coaxed back in.

From attached H4 you can see the initial drive up was to the 89 ema, where they kept it for quite some time. But now it looks to be coming down. Maybe the long buyers which the short selling price manipulators need, are becoming short sellers themselves!

Warning: Speculation!

Im shorting both..!!

TAH, how do you draw the Fibonacci extension line by MT4?

I draw the line as yours, but mine 161, 261 are above the 100 line.

why yours are under 0 line? Are you using the standard fibonacci extension?

Thanks!

Hello, TAH--

First, thank you for answering my previous question regarding the location of your user notes.

Your variation of the SonicR system looks sparse: you've dropped the zig-zag, QQE and CCI indicators from the original. Could you (a) explain why you did so, and (b) state how your trading rules differ from those in the original SonicR manual (particularly in regard to entry and exit).

If these questions have already been addressed, my apologies and please point me in their direction.

Regards,
Dennis