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Sonic R. System

  • #18,341
  • Mar 14, 2011 2:19pm Mar 14, 2011 2:19pm
@enigma4x:
Thank you for your effort to evolve this thread further by adding your template.
I like the idea of visualized combination of volume & PA.
Smart way of thinking.

Do you think it is possible to do a version for black charts as well?

Like in this color coding:
Attached Image (click to enlarge)
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  • #18,342
  • Mar 14, 2011 6:43pm Mar 14, 2011 6:43pm
Quoting sonicdeejay
Bias: Slightly Bullish
Next stop: 1.40xx, 1.42xx level
Resistance: 1.375x, 1.346x level


I believe 1.400x level might be revisited.. before it decides for the next cause.



Trade
Sonic
1.400x revisited.. Now it is time for next course..

Sonic
  • #18,343
  • Mar 14, 2011 8:01pm Mar 14, 2011 8:01pm
Quoting traderathome
UCad:

As the world watched reports on the quakes and tsunami, some PPMs decided to be opportunistic on this pair. I have been adding as they have been dropping the price. There is no rhyme or reason for this drop, other than that the PPMs are capable of doing it, and have apparently chosen to do so while forex trading dropped off due to the castastrophe. This shows us how greedy and self-centered they are at their hearts. So, I hope this year lots of Sonikers take lots of money from them.
UCad:

Late Friday I added again. The EP average is 0.9736. Yesterday this looked like it was ready to move, but it didn't. Maybe today....
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  • #18,344
  • Mar 14, 2011 10:12pm Mar 14, 2011 10:12pm
Dear sonic : thank you for hard work. this is really great method.

Otherwise, what about use this method on 30m? because 15m for me is confusion. below is my 30m template,i add OA and gann hi lo indicator.
could you give me some advice, sorry for my bad english, thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: sonic 30m.JPG Size: 102 KB
  • #18,345
  • Mar 15, 2011 12:52am Mar 15, 2011 12:52am
what a movments during the asian session...
is it realy against the rules to trade asian?

Hey masters Sonic, TAH, are you trading against rules during asian session?
  • #18,346
  • Mar 15, 2011 1:09am Mar 15, 2011 1:09am
Quoting kimis
what a movments during the asian session...
is it realy against the rules to trade asian?

Hey masters Sonic, TAH, are you trading against rules during asian session?
Tuesday, Wednesday and Thursday are the best days to trade. Sonic has posted he often avoids Mondays (market getting set up for the week) and Fridays (he takes off early for the weekend ). And basically the London session comprises the best hours to trade.

There is higher risk of price movements not following thru when trading the lower activity hours preceding the London open and following the London close. However, as a trader, you make your own decisions in all matters.
  • #18,347
  • Mar 15, 2011 1:49am Mar 15, 2011 1:49am
Hi Enigma4x,

I added your indicator to the SonicR template. It looks great. I hope we have some more discussion about how it use it well. Where it works and where doesn't etc. I am also looking forward to the manual that you are releasing.
Regards,
Quoting enigma4x
that is my usdchf observation ...
Attachment


by the way, for everybody how is interested in

my first release of the candlevolume indicator your will find it here:

http://www.forexfactory.com/showthread.php?t=284361

and the template for sonic r is here:

Attachment



cheers

enigma4x
  • #18,348
  • Mar 15, 2011 2:12am Mar 15, 2011 2:12am
I need EU 15m TF Sonic R chart with Vol indication..


Sonic
  • #18,349
  • Mar 15, 2011 2:15am Mar 15, 2011 2:15am
here it is. hope it will help

Attached Image (click to enlarge)
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  • #18,350
  • Mar 15, 2011 2:18am Mar 15, 2011 2:18am
I took a Sonic short on GBP/USD. TP at around R1 1.6072. Notice I have also used the volume indicator by Enigma4x. Hope it will filter out some bad trades. Still I want to learn more about the volume theory. Would you say 'Master the markets' is a good place to dig into?
Attached Image (click to enlarge)
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  • #18,351
  • Mar 15, 2011 2:24am Mar 15, 2011 2:24am
Quoting kimis
here it is. hope it will help

Attachment

I see stopping vol coming in at 1.390x area...
The decline could have stalled...


Sonic
  • #18,352
  • Mar 15, 2011 2:35am Mar 15, 2011 2:35am
TP hit and price pierced through it. Now I can't watch the movement I missed
  • #18,353
  • Mar 15, 2011 2:37am Mar 15, 2011 2:37am
Quoting sonicdeejay
I see stopping vol coming in at 1.390x area...
The decline could have stalled...


Sonic
so that mean that PA can go now sideways or maybe even up?
  • #18,354
  • Mar 15, 2011 2:59am Mar 15, 2011 2:59am
Quoting sonicdeejay
I see stopping vol coming in at 1.390x area...
The decline could have stalled...


Sonic
Can you explain to me with the chart?Thanks.
  • #18,355
  • Mar 15, 2011 3:05am Mar 15, 2011 3:05am
GU:

40 pips profit on this SonicR short, per attached. EP at 1.6101 and TP at 1.6057.
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  • #18,356
  • Edited 3:41am Mar 15, 2011 3:26am | Edited 3:41am
Quoting lirongguang
Can you explain to me with the chart?Thanks.
What Sonic means by "stopping volume" is very high relative volume associated with a candle that either pushes to an extreme low, or an extreme high relative to current PA. Such high volume associated with a bear candle usually means buyers are coming in heavy, and their buying will stop the drop. Such high volume associated with a bull candle usually means sellers are coming in heavy, and their selling will stop the rise.

The attached EU chart shows high "stopping volume" associated with several candles striking the lowest prices.
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  • #18,357
  • Mar 15, 2011 3:56am Mar 15, 2011 3:56am
do we have possible EU long setup? I'm affraid that there are identical lows, not L-HL

Attached Image (click to enlarge)
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  • #18,358
  • Mar 15, 2011 4:05am Mar 15, 2011 4:05am
GU:

Even though PA has reached RgL, a run further down could happen. You can see that the asian session run down was well participated in. Then there was the pullback to the central pivot before another well participated in run down.

With lots of USD news coming later, the response could be more downside. A clue might be if PA first moves up to retest the S&R area (gray band) and fails, prior to or during the early US session.
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  • #18,359
  • Mar 15, 2011 4:18am Mar 15, 2011 4:18am
Quoting kimis
do we have possible EU long setup? I'm affraid that there are identical lows, not L-HL

Attachment
No. The Dragon is angled down. PA is below the Dragon. And there is a sequence of lower highs and lower lows......not a perfect WAVE, but nonetheless, that is what we have. Considering all this, and that PA is bouincing now on a whole number, the likelyhood is more for a break lower. The way I see it is the current price is about where the gap up began the week. And the up/down PA we now have is consolidation before the next run.
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  • #18,360
  • Mar 15, 2011 4:35am Mar 15, 2011 4:35am
Quoting traderathome
UCad:

Late Friday I added again. The EP average is 0.9736. Yesterday this looked like it was ready to move, but it didn't. Maybe today....
100 pips profit on this SonicR long trade. It began Friday, and I added as the PPMs dropped the price thru the day.
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