High impact news today on USD...what could happen?!
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
here is my short trade with +51 pips profit
Have a nice weekend traders
- #16,546
- Jan 7, 2011 8:49am Jan 7, 2011 8:49am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #16,547
- Edited 10:05am Jan 7, 2011 9:47am | Edited 10:05am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #16,548
- Edited 4:36am Jan 8, 2011 4:02am | Edited 4:36am
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
Here is the 2011 Sonic R System Manual....in short form:
1. The WAVE must show L-H-HL-HH for longs, H-L-LH-LL for shorts.
2. To enter, the Dragon must be angled up for longs, down for shorts.
3. And it is best that PA be above the Trend line for longs, below for shorts.
4. Wait for the candle to break out of the Dragon, and place your entry order a few pips beyond it. Give consideration if...
6. Place your TP(s) according to historic S&R.
7. Initiate trades only for good setups occurring between the open and close of the London market.
Attached chart #1 depicts trade opportunities this past week, during the London open-close time frame each day. Details for the ‘boxed” trade on Wednesday are depicted in attached Chart #2.
Here is information on the templates and indicators:
For your convenience, the SonicR Templates & Indicators that were released 12-01-2010 are included below in the attached zip file. Be advised that for the SonicR Chart Panel vLines, and for the SonicR TzPivots to function properly, you must correctly input your broker/server GMT offset and DST zone information required by these two indicators. You should confirm this information with your broker. Once accomplished, no changes will be required in the future as time shifts between DST and non-DST. You can obtain more information on these indicators by reading the user notes included at the top of the compile for each, and studying the External Inputs. It is strongly recommended that you do so. It should eliminate posting frivolous questions!
Main Chart
SonicR Chart Panel-
Places market data panel in upper left of chart. Three sizes available. Also a multi-function indy that creates custom bid line, background levels (@ whole, half, quarter numbers, etc.), range H/L lines and vertical event lines (market opens, separators). DST code automates twice yearly changes.
SonicR Clock Panel-
Adds an extension panel displaying a clock. Sizes to match Chart Panels. Also useful to check server offset from GMT and proper positioning of vertical lines.
SonicR FFCAL Headlines-
Displays 4 headlines. High, medium, low and no impact color coded. Fully automated prioritization of headlines helps avoid unpleasant surprises.
SonicR Trend Line-
Displays the 89 ema Trend line. Placement on H1 and M30 charts can be made to match the M15 chart.
SonicR Tunnel Dragon-
Displays the 34 ema 3 line Dragon. Placement on H1 and M30 can be made to match the M15 chart.
SonicR TzPivots-
Displays broker server pivots and pivots based on any other time zone. Both Daily and Fibonacci formulas available. DST code automates twice yearly changes.
Chart Sub-window
SonicR MACD-
Displays standard macd study, but now macd and signal lines are on top of histogram for better visibility. Can be set to not display below input TF.
SonicR Volume-
Displays normal volume histogram, but color coded for below average, above average and more than twice average, and with the average line across the histogram. Can be set to not display above input TF.
Attached charts #3 and #4 depict the white and black templates with these indicators.
Regards,
Traderathome
1. The WAVE must show L-H-HL-HH for longs, H-L-LH-LL for shorts.
2. To enter, the Dragon must be angled up for longs, down for shorts.
3. And it is best that PA be above the Trend line for longs, below for shorts.
4. Wait for the candle to break out of the Dragon, and place your entry order a few pips beyond it. Give consideration if...
A. the entry would be more than 20 pips away from the Dragon.
B. there is a strong S&R area just beyond the entry.
6. Place your TP(s) according to historic S&R.
7. Initiate trades only for good setups occurring between the open and close of the London market.
Attached chart #1 depicts trade opportunities this past week, during the London open-close time frame each day. Details for the ‘boxed” trade on Wednesday are depicted in attached Chart #2.
Here is information on the templates and indicators:
For your convenience, the SonicR Templates & Indicators that were released 12-01-2010 are included below in the attached zip file. Be advised that for the SonicR Chart Panel vLines, and for the SonicR TzPivots to function properly, you must correctly input your broker/server GMT offset and DST zone information required by these two indicators. You should confirm this information with your broker. Once accomplished, no changes will be required in the future as time shifts between DST and non-DST. You can obtain more information on these indicators by reading the user notes included at the top of the compile for each, and studying the External Inputs. It is strongly recommended that you do so. It should eliminate posting frivolous questions!
Main Chart
SonicR Chart Panel-
Places market data panel in upper left of chart. Three sizes available. Also a multi-function indy that creates custom bid line, background levels (@ whole, half, quarter numbers, etc.), range H/L lines and vertical event lines (market opens, separators). DST code automates twice yearly changes.
SonicR Clock Panel-
Adds an extension panel displaying a clock. Sizes to match Chart Panels. Also useful to check server offset from GMT and proper positioning of vertical lines.
SonicR FFCAL Headlines-
Displays 4 headlines. High, medium, low and no impact color coded. Fully automated prioritization of headlines helps avoid unpleasant surprises.
SonicR Trend Line-
Displays the 89 ema Trend line. Placement on H1 and M30 charts can be made to match the M15 chart.
SonicR Tunnel Dragon-
Displays the 34 ema 3 line Dragon. Placement on H1 and M30 can be made to match the M15 chart.
SonicR TzPivots-
Displays broker server pivots and pivots based on any other time zone. Both Daily and Fibonacci formulas available. DST code automates twice yearly changes.
Chart Sub-window
SonicR MACD-
Displays standard macd study, but now macd and signal lines are on top of histogram for better visibility. Can be set to not display below input TF.
SonicR Volume-
Displays normal volume histogram, but color coded for below average, above average and more than twice average, and with the average line across the histogram. Can be set to not display above input TF.
Attached charts #3 and #4 depict the white and black templates with these indicators.
Regards,Traderathome
- #16,549
- Jan 8, 2011 7:56am Jan 8, 2011 7:56am
Dear Tah,
May you finally find peace from these frivolous questions! that seems
to haunt you all the time a new visitor comes along...
Keep up the good work.
Regards,
Hans
[quote=traderathome;4297711]Here is the 2011 Sonic R System Manual....in short form:
1. The WAVE must show L-H-HL-HH for longs, H-L-LH-LL for shorts.
2. To enter, the Dragon must be angled up for longs, down for shorts.
3. And it is best that PA be above the Trend line for longs, below for shorts.
4. Wait for the candle to break out of the Dragon, and place your entry order a few pips beyond it. Give consideration if...
May you finally find peace from these frivolous questions! that seems
to haunt you all the time a new visitor comes along...
Keep up the good work.
Regards,
Hans
[quote=traderathome;4297711]Here is the 2011 Sonic R System Manual....in short form:
1. The WAVE must show L-H-HL-HH for longs, H-L-LH-LL for shorts.
2. To enter, the Dragon must be angled up for longs, down for shorts.
3. And it is best that PA be above the Trend line for longs, below for shorts.
4. Wait for the candle to break out of the Dragon, and place your entry order a few pips beyond it. Give consideration if...
"The future is already written in the past"
- #16,551
- Edited 3:35pm Jan 8, 2011 3:17pm | Edited 3:35pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
I just thought maybe this revision can be put or made reference to on first page for the new members.
Thanks.
Therefore, my intent is to once a week, or maybe only once a month as time goes one, repost the manual/template/indicators. It is the best I can think of to help newcomers get on board, and to save myself from getting the same questions over and over again. That way, if someone posts a question that I know they can get the answer to by reading the post, and by studying the material embedded in the compile of, and External Inputs of each indicator, I will just refer them back to the first part of the week/month to find the post and do their homework.
I would like to add to the posted information a list of brokers and the proper "GMT Offset" and "DST Zone" inputs for each broker. I think that would help everyone a bunch. But in order to do this, I need everyone to post those settings that they are using and which they HAVE CONFIRMED with their broker to be the proper settings. You cannot assume either setting based on where the broker is physically located, or based on the time scale of the charts. As proof of this, I use FXDD as an example. They are located in NYC and their chart time scale would put the server in Europe three time zones east of GMT during DST. So, which location is to be used? Or, are both to be used? The propper "DST_Server_GMT_Offset" is indeed "3", but the proper "DST_Zone" input is not "2" for "eu", but is "1" for "us"! As you can see in this situation, the server time scale is based on a time zone in Europe, but the time of DST/non-DST changeovers is based on NYC! You cannot assume ANYTHING, and MUST confirm the proper settings with your broker!!!!!!!!!!!!!!!!!!!
So, I once again, hereby put out that request to all Sonicers.
Regards,
traderathiome
- #16,552
- Edited 5:42pm Jan 9, 2011 5:29pm | Edited 5:42pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #16,554
- Edited 6:48pm Jan 9, 2011 6:25pm | Edited 6:48pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #16,556
- Jan 9, 2011 9:16pm Jan 9, 2011 9:16pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #16,558
- Jan 9, 2011 11:12pm Jan 9, 2011 11:12pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
- #16,559
- Jan 9, 2011 11:30pm Jan 9, 2011 11:30pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,553 Posts
