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Sonic R. System

  • #19,281
  • Apr 14, 2011 10:21am Apr 14, 2011 10:21am
Quoting sonicdeejay
TP1 hit..SL@ BE now..

Sonic
Congrats. I closed rest now as PA stoped itsclimb higher and started pull back
  • #19,282
  • Apr 14, 2011 10:23am Apr 14, 2011 10:23am
Quoting bennyFX
entry was far above trendline + dragon angeled up.

no real Sonic trade I think.

nice profit though
Thank you BennyFX

Yup not an authentic SonicR trade :/

Entry was mostly based on volume spread analysis. As per previous post chart, i drew a purple coloured vertical line. That's where I thought PPMs were trying to push up the price for a better short due to large spread of candle compared with relatively small volume. Entered when bearish candles appeared, even before wave was formed.

I must have been lucky for this haha!
  • #19,283
  • Apr 14, 2011 10:37am Apr 14, 2011 10:37am
Quoting Markck
Thank you BennyFX

Yup not an authentic SonicR trade :/

Entry was mostly based on volume spread analysis. As per previous post chart, i drew a purple coloured vertical line. That's where I thought PPMs were trying to push up the price for a better short due to large spread of candle compared with relatively small volume. Entered when bearish candles appeared, even before wave was formed.

I must have been lucky for this haha!
and there was kind of Double Top
  • #19,284
  • Apr 14, 2011 10:54am Apr 14, 2011 10:54am
Quoting sonicdeejay
TP1 hit..SL@ BE now..

Sonic
It is reocomended to trade m15 TF ... right? ... I wonder how you decide switch to m5 for trading.

Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #19,285
  • Apr 14, 2011 11:11am Apr 14, 2011 11:11am
Quoting kimis
and there was kind of Double Top
yup!
  • #19,286
  • Apr 14, 2011 11:13am Apr 14, 2011 11:13am
Quoting nando_rich
It is reocomended to trade m15 TF ... right? ... I wonder how you decide switch to m5 for trading.

Regards.
recomended doesn't mean that other TF are prohibited.

Quote from SonicR system manual

Time Frames :
M5 & M15 (Recommended)

so you can trade M15, M5, but you can trade H1 or even D1 if you want and if you are getting profit from that waves and S/R levels exists in any TF
  • #19,287
  • Apr 14, 2011 12:41pm Apr 14, 2011 12:41pm
Quoting kimis
recomended doesn't mean that other TF are prohibited.

Quote from SonicR system manual

Time Frames :
M5 & M15 (Recommended)

so you can trade M15, M5, but you can trade H1 or even D1 if you want and if you are getting profit from that waves and S/R levels exists in any TF
Of course, but M5 has too noise for me...this is something we have talked enough on this thread...I'd like the master opinion too.

Thanks for responding.

Best Regards.
"Being picky only cost your time - not MONEY"...Hans
  • #19,288
  • Apr 14, 2011 12:46pm Apr 14, 2011 12:46pm
sure, it can be noisy sometimes, but not so noisy like m1
but m5 can show entry bit earler. of course more chances that it can show an false entry, or entry for relatively short trade (in time meaning).

BTW I've seen TAh trading on M5 not so many days ago
  • #19,289
  • Apr 14, 2011 2:41pm Apr 14, 2011 2:41pm
Quoting sonicdeejay
TP1 hit..SL@ BE now..

Sonic
great masta

enjoy my life ... and ride the waves - all what I do
  • #19,290
  • Apr 14, 2011 5:29pm Apr 14, 2011 5:29pm
Quoting kimis
I know. but I entered by the rules, only TF lower. But some times I'm becoming nervous waching how long setup is not starting to work

most important not to let your emotions to rule your brain. eat fingers in worst case

BTW, Jonas, by what signals you have decided to enter long almost at bottom?

P.S. at last, TP1 at +20p
checking s+r on bigger timeframes, and switiching to M5 for entry
Hero calls followed by margin calls...
  • #19,291
  • Edited 10:16pm Apr 14, 2011 5:30pm | Edited 10:16pm
Still working on this. Here is an excerpt from the user notes in the compile of the SonicR VSA Indicator:


This indicator produces a multi-colored volume histogram. The colors represent catagories of
volume similar to the acknowledged indicator. However, there are important differences.

Climax Up Bars (green) - must close above the open, not required to close above mid-candle.
Climax Down Bars (red) - must close below the open, not required to close below mid-candle.
Density Up Bars (black) - of all candles in "goBack" period, has highest volume per pip of
candle spread (whether candle is short or is a tall climax candle).
Density Down Bars (blue) - of all candles in "goBack" period, has the lowest volume, and has
lowest volume per pip of candle spread.

These coding changes yield a histogram wherein the important elements are very easy to
"visually digest". The green/red convention and re-definition of volume climax up/down bars
requires no mental gymnastics. And up bars will always be green and down bars will always be
red. The single color for maximum density bars simplifies. And only showing low volume bars
that are minimum density bars further cleans and focuses the histogram.


An interesting thing about EU yesterday is there appears no climax up bars, only climax down bars. And this is in spite of the run back up. This fact, together with the declining volume on the run back up makes it appear that the seriousness was to the downside in that one continuous move, with the price getting reset high again afterwards, but with a series of more cautious moves. Are the BBs becoming more aggressively bearish and more cautiously bullish?

Edit: While the SonicR VSA is not officially finished, here it is for anyone that wishes to try it out. Feedback comments would be appreciated. Hopefully next week I will package and release what you see below......templates and indys.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # april 14, 2011 - 217.gif Size: 27 KB
Click to Enlarge Name: # april 14, 2011 - 218.gif Size: 28 KB
Attached File(s)
File Type: mq4 SonicR VSA (White).mq4   11 KB | 997 downloads
File Type: mq4 SonicR VSA (Black).mq4   11 KB | 1,110 downloads
  • #19,292
  • Apr 14, 2011 7:51pm Apr 14, 2011 7:51pm
Quoting traderathome
Still working on this. Here is an excerpt from the user notes in the compile of the SonicR VSA Indicator:


This indicator produces a multi-colored volume histogram. The colors represent catagories of
volume similar to the acknowledged indicator. However, there are important differences.

Climax Up Bars (green) - must close above the open, not required to close above mid-candle.
Climax Down Bars (red) - must close below the open, not required to close below mid-candle.
Maximum Density Bars (black)- of all candles in "goBack" period, has highest...
Where is the indicator?Can you give me ?Thanks.
  • #19,293
  • Apr 14, 2011 9:24pm Apr 14, 2011 9:24pm
China CPI gd news must have already factored in..
Big advancement unlikely during Asia session..

Today is Friday, mega run expected and gonna be fun..but I may not be opening any new position..

See u ltr @ LO or NY session..
Sonic
  • #19,294
  • Apr 14, 2011 11:33pm Apr 14, 2011 11:33pm
Quoting sonicdeejay
China CPI gd news must have already factored in..
Big advancement unlikely during Asia session..

Today is Friday, mega run expected and gonna be fun..but I may not be opening any new position..

See u ltr @ LO or NY session..
Sonic
Sonic, what direction of megarun you are expecting?
  • #19,295
  • Apr 14, 2011 11:38pm Apr 14, 2011 11:38pm
Quoting kimis
Sonic, what direction of megarun you are expecting?
at higher tf there are reversal symptoms - price is trying to get higher while RSI is only lower and lower
  • #19,296
  • Apr 15, 2011 12:28am Apr 15, 2011 12:28am
Hello everybody I will try to catch short setup in 1.4459 area. I think looks like quite good setup...
Let's see what it give to me
Friday big short dady's time )))
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd sellstop.gif Size: 22 KB
  • #19,297
  • Apr 15, 2011 1:10am Apr 15, 2011 1:10am
Quoting Doncex
Hello everybody I will try to catch short setup in 1.4459 area. I think looks like quite good setup...
Let's see what it give to me
Friday big short dady's time )))
Where is your sl and tp?
  • #19,298
  • Apr 15, 2011 1:28am Apr 15, 2011 1:28am
Hi SoniceR's,
there is an interesting Fact. Look on the Sentiment EU/USD;EU/GBP, or USD/CHF. It's scary funny to see how many Trader's are incorrect.
Their wrong Bias to go a long way back.
http://fxtrade.oanda.com/lang/de/ana...ical-positions
  • #19,299
  • Apr 15, 2011 1:32am Apr 15, 2011 1:32am
entered EU short as per picture. SL far far away, at 1.4600 as I have some strategy to add more if price will move above 1.45. of course that is subject to change if situation change.

Attached Image (click to enlarge)
Click to Enlarge Name: sonic eurusd 0415 930.jpg Size: 119 KB
  • #19,300
  • Apr 15, 2011 2:09am Apr 15, 2011 2:09am
Quoting kimis
at higher tf there are reversal symptoms - price is trying to get higher while RSI is only lower and lower
RSI and Stoch are crap..

My take is, yesterday we had a dip during LO, it dived down just to jump back up during NY.

I see this move as BB is loading up Longs..
I know 1.452x seems hugh resistance but i am pretty bullish, as kinda par with my W1 bias..

Sonic
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