Sonic R. System

I'm not sonic, but looking his chart and this quote...

I spoke to TAH about some stuff i needed....i liked the fact, that SonicDeejay didnt turned out commercial and still this is free community... so i thought i would contribute little bit to this...mistake probably...

you are correct...it wasnt sonic trade....actually i dont know what is "sonic trade", i just see 34 and 89 ema + pivots + some other stuff like MACD, Volume, whatever who likes...

anyways...i appologize... and no worries, will not contribute anymore... :-)

happy hunting...

j.

I think you misunderstood me. My post was not destructive criticism. I see that you have enough confidence in yourself and that's good for trading. You have said that the sonic system is the best in FF. I agree with you and appreciate your contribution. Congratulations for your green pips ... but the wave was not formed in cable, the price was below the dragon and the ema89, your call would have been risky and not by the rules. If my post bothered you I will apologize, this is an open community and everyone is free to post whatever you want ... but if you're not comfortable here are free to do whatever you want. It would be a shame if you think you can contribute positively to the community it'd stop for a comment objetive.

Best regards.

Today was an interesting day.

Sonic warned us about Monday trading. You need a lot of experience in order to see these kinds of moves.

Personally I saw it UP from the begining and when I got his confirmation I can say it was a relief BUT the strategy gave us 2 patterns for a down move to DS1. I had the SL "a la carte" and it saved me.

I think only experience and many years of trading will make us think like him.

TAH saw this move too and I guess when the 2 bigshots see it the odds to be against them is pretty small.

Cheers all and happy Soniking tomorrow.

"My post was not destructive criticism"
Its alright Nando, i kind of agree with your comment....the thread is called Sonic R. System....i dont use sonic system, i dont even take a look at it...athough it can be easily understood just by looking 1 chart.. ;-) not a rocket science here....

as funny as it seems, i just like color setup of new TAH charts...he should be an artist... :-)

"You have said that the sonic system is the best in FF."
Yes, Sonic is best for people looking for the "way" = i mean the new clean template...so if TAH will post new clean template eventually, that would be place to start....
95% FF is waste, commercial scam or bunch of nonsence...so this sonic thread is certainly a light in the very long and dark tunnel...this thread contains lots of charts, kind of real time,as i saw today, which is important...so definately place to be....

"I see that you have enough confidence in yourself and that's good for trading."
look i am professional trader, so i dont think in terms of confidence or not.. :-)
for reasons i mentioned in previous post, i just wanted to "commit" some charity pips for people here....however your comment was valid, its better to keep the thread solid, and focused on SonicR. approach....otherwise would become mess ..and nobody would benefit....

so it was constructive criticism...and i appreciate that...thanks :-)
j.

Today I want to throw in a setup on UCHF.

It is already past NY trading hours.
So maybe time to discuss a little bit about SonicR setups and theories.

I have chosen this interesting setup because on first glance it looks like a perfect SHORT setup:

PRO:
Dragon angled down
PA already below Trendline
2 LHs (yellow) --> 3rd building at the moment?

CONTRA:
high volume on lowest point (magenta)

I know TAH is long biased on UCHF.

So how to read such situations?
What are your thoughts. Would you take this short setup or let it pass?
It looks almost too perfect for me

Yes, I am bullish on this pair. But on how to "read" PA yesterday....

PA came down to local SR area, which would be a key to breach before going short.

As it stands, that SR area aligns with half number. Note the TL comes up to the half number about mid-session today, so we have a clue as to support, and maybe also as to timing of when PA will fall or fly.

EU:

For several days the area of the current session central pivot has been the center of activity, with PA testing, moving away and back again to test more.

Today the ranging picture on the M15 is between DR1 and DS1. But below DR1 is a whole number, which might be the breakout clue if PA goes up. Above DS1 is the half number, which might be the breakout clue if PA goes down.

AU:

Before todays session began, I entered this short. Due to the previous steady climb, there are lots of choices for exit levels to take profits. The three shown are all tentative and all within the average trading range.

UCad:

This is ranging. That is clear. But the current PA picture is of a SonicR long setup.....upwards WAVE, Dragon up, and PA above the Trend.

I am already in this long about 20 pips higher. If PA drops to mid 0.9760s, then I might add again to the trade.

We know how the BBs do things. If this is going higher later today, then when the euro BBs come on board, they might first start a dive down. So, this could pullback down again. The area between the lower half number and DS1 might offer support in the event of a deep dive.

GU:

I am already in this long, but posting on its possible morph into a new SonicR long setup later today.

This has been dropping for the last four days, giving way to the USD. Meanwhile, EU has been oscillating vs USD. So, there is now room for GU to rise, even if EU falls.

PA has the look of a possible very nice WAVE. All is tentative at this early stage, but I'd suspect the EP zone to be in the area of the whole number/DPV should a long setup form up.

A release of new indicators and templates is close at hand. The intent of this release is to provide the basic indicators in a useable form that is as elegantly simple as the Sonic R System itself. Here is a preview.


SonicR Chart Panel -
Puts market data in a panel on the chart. Is mult-functional, also providing:
1. SonicR Logo
2. Special Bid Line terminating in a dot that changes color with price changes
3. Levels, or lines at whole, half and quarter numbers
4. Daily pivots (broker server based)
5. Range HL lines (targets)
6. Separators for "x" prior days, today and tomorrow
The one size display panel can be turned off, while still running any of its extra functions. The horizontal line groups (Levels, pivots and RgH/RgL lines) can be displayed 5 different ways, independently from each other.

SonicR Clock Panel -
Resized to fit the new Chart Panel size, it displays 7 time zone labels and is used to gauge when to trade, since vLines are no longer used.

SonicR Dragon-Trend -
Has a new look and new coding to precisely draw the M15 Dragon or Trend on M30 and H1 charts. The new look visually improves the hybrid M30 and H1 charts.

SonicR FFCal Headlines -
Can now display bank holidays and can show any country news on any chart.


Additional Comments:
As stated, vLines (market open times) is eliminated. So are the time zone based TzPivots. Why? Frankly, coding is too complex to yield results that would be 100% accurate all year around, for all the different broker servers. One major complication is that change overs between DST and non-DST times of the year are not implemented at the same time everywhere. Therefore, twice a year, there is a span of time when errors occur until all DST/non-DST change overs have been accomplished world-wide. This problem plaques the Chart Panel vLines code, and spending more time on this effort seems not to be worth it. The Clock Panel suffices to accomplish the same as vLines. Since pivots are only for confirmation of PA S&R areas, any differences between the variety of pivots, time zone shifted or not, is immaterial. Broker server based Daily pivots are more than adequate. And the purpose of the new release is to provide an elegantly simple chart, based on very few and very easy to use indicators


Chart Examples:
Chart #1 - Levels and Separators are "off". Pivots are displayed full screen. Range lines start at current candle.
Chart #2 - Every function is "on". All horizontal line groups are displayed only for the current session.
Chart #3 - Separators are "off". Levels are full screen. Pivots and Range lines are for current session.
Chart #4 - Separators and all horizontal line groups are off, except for the Daily central pivot, which is shown from start of current session to the right chart border.

As you Sonikers can see from these chart examples, elegant simplicity will be available in a variety of forms.

EJ:

Possible short coming? PA is a sequence of lower HLs. Dragon is angled down. PA is below Trend. All this is in a whole number area.

UChf:

This look like it might have the potential to break upwards early.

UCad:

Added to long trade at 0.9764, for new EP average of 0.9786.

Preview Of Next Release of SonicR Indicators And Templates

piece of art TAH...

Thank you for your kind words, Jay90. And thank you for your support on the GU long trade. It looks to be moving now. We'll see.

No probs, glad to support...you produce quality stuff TAH....regarding cable today - we got bunch of news coming in abt 3 hours...can be tricky till then...

TAH simply amazing!

We are very lucky to have you among us, not just as a trader, also as programmer.

Thank you for your effort.

Greetings.

The best Entry Level and T/P as in the Pic. for EurJpy