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Sonic R. System

  • #16,521
  • Edited 10:02am Jan 6, 2011 10:00am | Edited 10:02am
My GU long went wrong and grab the SL. Do you think i did smth. wrong or it was "bad luck"
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  • #16,522
  • Jan 6, 2011 10:27am Jan 6, 2011 10:27am
2 profitable, losing one.
And I do not know exactly nzd It was a deal on the system Sonic R?
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  • #16,523
  • Jan 6, 2011 10:45am Jan 6, 2011 10:45am
Quoting RonaldinhoKuban
2 profitable, losing one.
And I do not know exactly nzd It was a deal on the system Sonic R?
Two good trades, so congratulations!
You bet for USD on EU, but against USD on nzd......? It hapens.
  • #16,524
  • Jan 6, 2011 10:50am Jan 6, 2011 10:50am
Quoting traderathome
Two good trades, so congratulations!
You bet for USD on EU, but against USD on nzd......? It hapens.
Thank you, TAH!
It seemed to me that you also do so, put on one pair in favor of USD, and the other against it. ^)
  • #16,525
  • Jan 6, 2011 11:00am Jan 6, 2011 11:00am
Quoting RonaldinhoKuban
Thank you, TAH!
It seemed to me that you also do so, put on one pair in favor of USD, and the other against it. ^)
Yes, when I am not thinking!
  • #16,526
  • Jan 6, 2011 11:08am Jan 6, 2011 11:08am
Quoting D.Wei
Hi! Is there a demo version of this system?
What are you talking about?

I suggest you read the first post. Download and install Sonic's template and indys. Then you can demo it on your demo account, while you read the thread, which is the course in the Sonic R System.
  • #16,527
  • Jan 6, 2011 12:37pm Jan 6, 2011 12:37pm
To Benny and Ronald,

I went to Forex4you and downloaded MT4. They state that MT5 is available to beta test, but I their downloaded MT4 and installed it.

Before making the first run of the installed MT4, using the "copy and paste" method, I transferred from my FXDD MT4 a few templates, and the list of SonicR indicators. Then I ran the new MT4.

So far I have not experienced any problems with changing the GMT setting in the Chart Panel. I can change the setting down and up, and the setting is retained, and the vLines shift left and right accordingly.

Then I removed all the files that I put into the MT4 and downloaded the zip file from this site and installed the items into the MT4. Again, everything runs fine.

So, at this point I have to say that the code is just fine, and if anyone is having a problem, the indicator is not the cause of the problem.

For Forex4you, the proper "GMT" number is = 2, and I am assuming the proper "DST" number = 2 also (for the eu zone), since they are in UK.

I did not try to download MT5 and run the template/indys because I am not sure the indicators will run on MT5. Maybe they will and maybe they won't. Maybe they need to be processed thru some kind of MT4 to MT5 recompiler/translater first. I just don't know. But the contents of the zip file here, http://www.forexfactory.com/showpost...ostcount=16322, seem to be all ok.
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  • #16,528
  • Jan 6, 2011 1:29pm Jan 6, 2011 1:29pm
Thank you for your further investigations.
As of now I have resolved the problem by just recompiling the indicators.
I am using IBFX MT4 and it is just running smoothly

GMT+1; Timezone: 2 (Europe)

Quoting traderathome
To Benny and Ronald,

I went to Forex4you and downloaded MT4. They state that MT5 is available to beta test, but I their downloaded MT4 and installed it.

Before making the first run of the installed MT4, using the "copy and paste" method, I transferred from my FXDD MT4 a few templates, and the list of SonicR indicators. Then I ran the new MT4.

So far I have not experienced any problems with changing the GMT setting in the Chart Panel. I can change the setting down and up, and the setting is retained, and the vLines shift left and right accordingly....
  • #16,529
  • Jan 6, 2011 3:05pm Jan 6, 2011 3:05pm
Quoting traderathome
To Benny and Ronald,

I went to Forex4you and downloaded MT4. They state that MT5 is available to beta test, but I their downloaded MT4 and installed it.

Before making the first run of the installed MT4, using the "copy and paste" method, I transferred from my FXDD MT4 a few templates, and the list of SonicR indicators. Then I ran the new MT4.

So far I have not experienced any problems with changing the GMT setting in the Chart Panel. I can change the setting down and up, and the setting is retained, and the vLines shift left and right...
TAH, you're right, everything is working properly. I just thought that vLines a horizontal line, not vertical.
I apologize for the careless
  • #16,530
  • Jan 7, 2011 1:26am Jan 7, 2011 1:26am
Quoting RonaldinhoKuban
TAH, you're right, everything is working properly. I just thought that vLines a horizontal line, not vertical.
I apologize for the careless
"I just thought that vLines a horizontal line, not vertical." - RonaldinNeverNeverLand

WHAT! You mean you got the whole of Sonicers into an uproar because you though "vLines" stood for horizontal lines?

I've got TWO WORDS for you......

YOU'RE FIRED!

Just kidding. Glad we got that resolved.
-tah
  • #16,531
  • Jan 7, 2011 1:38am Jan 7, 2011 1:38am
EJ:

It is a setup now. We are minutes away from a low impact release, but several medium impact releases are upcoming.
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  • #16,532
  • Jan 7, 2011 1:46am Jan 7, 2011 1:46am
Quoting traderathome
EJ:

It is a setup now. We are minutes away from a low impact release, but several medium impact releases are upcoming.
I'm with you in that. The EU set-up could happen, too.

I have a long position against me in GU since yesterday expecting a run-up from the whole number. I removed my SL.

I'm picking up the habits of TAH. I'm going to the dark side.
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"Being picky only cost your time - not MONEY"...Hans
  • #16,533
  • Edited 2:18am Jan 7, 2011 2:08am | Edited 2:18am
I received this question in a PM. I am answering it here, protecting the privacy of the individual, because others might have the same question.

"I haven't finished to read the thread. Only at page 200. Though, i trading with ur template and I don't have the CCI to help me with the re-entry. Did you explained anywhere how to do it or I should just take the CCI and follow Sonic's rules for this ?"

Here is my reply:

Whatever you use, if Sonic has instructed, then follow his instructions.

Keep in mind that such things as CCI, QQE, MACD and a host of other "technicals" are nothing mre than mathematical derivatives of PRICE HISTORY. As such, they are subordinate to the actual candlesticks.....which every Sonicer needs to learn to read. That is to say, we need to learn to read PA in terms of recognizing past SR areas and in terms of current swings...WAVES....in relationship to SR. Good SonicR setups, and re-entries also, are predicated on recognizing good WAVES that are in a good positon relative to historic support or resistance.

Once a Sonicer learns that, and focuses on trading those setups, their success will greatly improve.

A step in the right direction to learning that is to toss all those PA derivative technicals out the window! You don't need them! they are just a distracion to learning WAVES and S&R!

Regards,
traderathome
  • #16,534
  • Jan 7, 2011 2:49am Jan 7, 2011 2:49am
Hi Sonickers may be a good setup for long?

http://img23.imageshack.us/img23/4769/catturazy.jpg
  • #16,535
  • Jan 7, 2011 2:52am Jan 7, 2011 2:52am
Hello I think it is risky trade eur/jpy long.I think better to look for short.

Looks like in 1 hout time frame short wave is and strong resistance zone.

Here is only my opinion about this trade

eur- News will tell all the situation
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  • #16,536
  • Jan 7, 2011 3:00am Jan 7, 2011 3:00am
For some time I'm watching the futures volume. It's similar to currencys, which again confirms the volume in FOREX as valid instrument.

Regards,
Nando
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"Being picky only cost your time - not MONEY"...Hans
  • #16,537
  • Jan 7, 2011 3:06am Jan 7, 2011 3:06am
Quoting Doncex
Hello I think it is risky trade eur/jpy long.I think better to look for short.

Looks like in 1 hout time frame short wave is and strong resistance zone.

Here is only my opinion about this trade

eur- News will tell all the situation
This comes from two big run-down. Take a look the volume in low too.

I see it long, but just my opinion.

Regards.
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"Being picky only cost your time - not MONEY"...Hans
  • #16,538
  • Jan 7, 2011 3:28am Jan 7, 2011 3:28am
Stuck in the GU ,too
I added 2nd long position to drive down average price.

Should better not change to the darkside. Less comfortable trading ...

Quoting nando_rich
I'm with you in that. The EU set-up could happen, too.

I have a long position against me in GU since yesterday expecting a run-up from the whole number. I removed my SL.

I'm picking up the habits of TAH. I'm going to the dark side.
  • #16,539
  • Jan 7, 2011 3:37am Jan 7, 2011 3:37am
Quoting Doncex
Hello I think it is risky trade eur/jpy long.I think better to look for short.

Looks like in 1 hout time frame short wave is and strong resistance zone.

Here is only my opinion about this trade

eur- News will tell all the situation
Thank you, doncex, for that good observation.

What you point out is somewhat worriesome. On the other side, we have bounces off of TL support and building volume on this current bounce.

We have less then 30 minutes now to an EUR medium impact release. Maybe we'll get an indication then. Unfortunately, this is Friday. If I were a PPM, which I am not, I'd be thinking "Why rush to pop it? Let's take advantage of the lows we've achieved and spend more time building our long position. Next week we can pump it and dump our longs!

So, we wait.....
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  • #16,540
  • Jan 7, 2011 3:41am Jan 7, 2011 3:41am
Quoting bennyFX
Stuck in the GU ,too
I added 2nd long position to drive down average price.

Should better not change to the darkside. Less comfortable trading ...
I know I just was joking.

The sonic set-up just happened. We will see that the market decides to do.

Regards.
Attached Image (click to enlarge)
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"Being picky only cost your time - not MONEY"...Hans
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