Sonic R. System | Page 1082 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #21,621
  • Jun 14, 2011 10:20am Jun 14, 2011 10:20am
Quoting kimis
Personaly I have no ideas. news was good for usd. the only thing - that was counter trend trade.
EU:

Yes, the entry on the SonicR short WAVE setup was too soon after a climb. I took it because you can never know. It could still be good.

The thing about news is this. Let's say the USD news was good, maybe the BBs think it to be much better than we know. Does that mean EU is soon to reverse and go down? Nope! The BBs will not let it down unless they are positioned to profit from driving it down. If they have not already been building EU short positions, they are now. And that may be why they are still pumping it.
  • #21,622
  • Jun 14, 2011 10:22am Jun 14, 2011 10:22am
EJ:

Have a pending 2nd SS short at 116.66. The BBs might put the price up again. Who knows?
Attached Image (click to enlarge)
Click to Enlarge Name: # june 14, 2011 - 103.gif Size: 36 KB
  • #21,623
  • Edited 10:51am Jun 14, 2011 10:36am | Edited 10:51am
Quoting kimis
TAH, are you coming back to what you are trying to rid off ?
Yeah, I have to watch myself on that score. Thanks Kimis.

After major releases, it always seems to turn out best to wait for price to settle down, create a small range, and wait more for a good SonicR setup off the well established range (Basber's Wisdom). That means in the meantime the only trading that might profitably be done (and with higher risk), is with Sonic Scouts.

With EU, on H4 the price hit the 50% retrace. The subsequent move up was expected:
http://www.forexfactory.com/showthre...34#post4685034
A SS entry high will simply be taking advantage of another run down to test the 50% FR level (and hopefully bust down thru it).

With UCad, SS entries are simply taking advantage of the fact price is bottoming in range again, with higher lows apparent. If you look at UCad on Weekly, it reminds of UChf. It is way oversold. And it may go the way of UChf, once BBs are positioned for max profit (i.e., loaded with longs).

With EJ, I am admittedly reaching. On H4 I see the likelyhood of a lower high being put in, and price then dropping below previous low.

Of course, this is all based on the BBs not continuing the euro pump, which has already been done to the point of unreason. And some good USD news will help. That is the speculation in it all. But, that is part and parcel to trading Sonic Scouts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # june 14, 2011 - 104.gif Size: 33 KB
Click to Enlarge Name: # june 14, 2011 - 105.gif Size: 30 KB
Click to Enlarge Name: # june 14, 2011 - 107.gif Size: 35 KB
  • #21,624
  • Jun 14, 2011 11:03am Jun 14, 2011 11:03am
Quoting traderathome
GU:

Added new ES4 at 1.6379.
GU:

If indeed the BBs view the USD news as good, and are simply keeping prices to their advantage until they are ready for the appropriate new moves, then they will pull the rug on this one. And finally this series will become profitable.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # june 14, 2011 - 108.gif Size: 30 KB
Click to Enlarge Name: # june 14, 2011 - 109.gif Size: 35 KB
  • #21,625
  • Jun 14, 2011 11:10am Jun 14, 2011 11:10am
In less than 2.5 hours, US Fed Chariman Bernanke speaks. It is a high impact event. The moves since the multiple high impact USD releases earlier might be the BBs continuing to wait (and take advantage) before any opposite moves.....which might be triggered by this upcoming event.

It is possible that significant moves for today are not all made yet.
  • #21,626
  • Edited 11:44am Jun 14, 2011 11:23am | Edited 11:44am
GU:

Take a look at the VA for the boxed PA. The entire up/down event was high volume. Not only that, but the highest volume was for the candle at the top!!!!!!!

I gotta say, I am speculating some downside is coming. In fact, I submit that these four candles reveal the market's intent as a result of releases today, not just on GU but across the board (in appropriate directions).

.....doesn't mean another trip up won't first happen. It could. There is no end to price manipulation in the forex market (though it is not as bad as the stock market). However, due to this sign, I can easily believe the BBs are readying to "pull the plug". Today? Tomorrow? This week? I don't know. But there is the sign.......and smack dab centered on a whole number!

Let the market decide.

WARNING: Speculation.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 14, 2011 - 110.gif Size: 29 KB
  • #21,627
  • Jun 14, 2011 11:47am Jun 14, 2011 11:47am
Is Sonic VSA indicator different from broker to broker coz
my indicator is different from yours ( ie in same boxed area i got only one red bar)
  • #21,628
  • Jun 14, 2011 12:03pm Jun 14, 2011 12:03pm
Quoting hsb2011
Is Sonic VSA indicator different from broker to broker coz
my indicator is different from yours ( ie in same boxed area i got only one red bar)
yes, it is so. I have only red bar down.
  • #21,629
  • Jun 14, 2011 12:36pm Jun 14, 2011 12:36pm
Quoting traderathome
EJ:

SS short at 116.35.
EJ:

Sent out 2nd SS short at 116.66.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 14, 2011 - 112.gif Size: 35 KB
  • #21,630
  • Jun 14, 2011 12:59pm Jun 14, 2011 12:59pm
Quoting traderathome
EU:

If the BBs pump it to the upper whole number, I am going to add a SS short ES2.
I have launched numberless SS at 1.4495
  • #21,631
  • Jun 14, 2011 1:03pm Jun 14, 2011 1:03pm
Quoting kimis
I have launched numberless SS at 1.4495
EU:

PA missed my SS short order at 1.4497 by four tenths of a pip, while away!

With about 30 minutes to the release, watching to see if they run the price back up a ways again.
  • #21,632
  • Jun 14, 2011 1:10pm Jun 14, 2011 1:10pm
now I'm thinking what so special has to be said by Ben to move EU down?
  • #21,633
  • Jun 14, 2011 1:13pm Jun 14, 2011 1:13pm
Quoting kimis
now I'm thinking what so special has to be said by Ben to move EU down?
Maybe nothing. But that does not mean that the BBs didn't intend for stuff to go down, once they got this mornings releases......but just waited until this coming event to pull plugs......used the meanwhile preparing (if this is the way it all turns out).

It can be like a card game. Lots of bluffing.

Like Sonic reminds, let the market decide.
  • #21,634
  • Jun 14, 2011 1:16pm Jun 14, 2011 1:16pm
Quoting traderathome
Maybe nothing. But that does not mean that the BBs didn't intend for stuff to go down, once they got this mornings releases......but just waited until this coming event to pull plugs......used the meanwhile preparing. It can be like a card game. Lots of bluffing.

Like Sonic reminds, let the market decide.
maybe. my broker show increased (blue) volume for recent 3 m5 bars down
  • #21,635
  • Jun 14, 2011 1:31pm Jun 14, 2011 1:31pm
Quoting traderathome
EU:

Entered short.
EU:

Sent SS short at ES2 = 1.4480. Still have higher short order active.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 14, 2011 - 113.gif Size: 36 KB
  • #21,636
  • Jun 14, 2011 9:19pm Jun 14, 2011 9:19pm
Hi traderathome,

Is new sonic tpl released ?How are you getting ES1,ES2,TP1,TP2,EL,EL1 etc..Are u manually marking it or using as part of tpl.

thanks

Quoting traderathome
EU:

Sent SS short at ES2 = 1.4480. Still have higher short order active.
Dragon the best Indicator
  • #21,637
  • Jun 14, 2011 9:27pm Jun 14, 2011 9:27pm
Quoting traderathome
EU:

Sent SS short at ES2 = 1.4480. Still have higher short order active.
1.441x seem to act as nice support..

Sonic
  • #21,638
  • Edited Jun 15, 2011 1:22am Jun 14, 2011 11:14pm | Edited Jun 15, 2011 1:22am
Purpose Of New Release
This release has the corrected TzPivots code built into the SonicR Chart Panel, which also handles short day situations for both broker/server pivots and time zone shifted pivots. The release also contains the new SonicR VA Candles indicator, to go with the SonicR VA indicator (formerly called SonicR VSA indicator). Various templates are provided. You can obtain more information about each indicator, and any changes/improvements made, by reading the user notes included at the top of the indicator compile (code). It is strongly recommended that you do so!

Overview Of The Indicators
SonicR Chart Panel
Places market data panel in upper left of chart. Also, it is a multi-function indy creating:
1. custom bid line
2. background levels (whole, half, quarter numbers)
3. daily pivots for any time zone
4. average range H/L daily target lines
5. separators
6. vertical lines for the London session, including the NY open

For the time zone shifted pivots and the vLines to function properly, you must correctly input:
1. "DST_TzPivots_GMT_Offset"
2. "DST_Server_GMT_Offset"
3. "DST_Zone"
Read the user notes in the complie of the indicator to learn about this. Our debt of gratitude is owed to Caveman for the pivots time zone shift code, which also handles partial day situations for both broker and time zone shifted pivots, and also for the automated DST changeover code. Thank you, Caveman.

SonicR Clock Panel
An extension panel clock showing various market open/close times. It is also useful to check proper positioning of vLines. Thank you pips4life for the clock core code.

SonicR Dragon-Trend
Displays both, with separate On/Off controls. The M15 Dragon configuration (or others) can be displayed on M30 thru D1 charts. The Trend indicator is an option to the Sonic R System, so it is included. It is best if PA is above the Trend for longs, and below for shorts.

SonicR FFCal Headlines
Displays 4 headlines color coded for High, Medium, Low and no impact, and Bank Holidays. Fully automated prioritization of headlines helps avoid unpleasant surprises, and will now show multiple simultaneous High Impact events. News for any country can be shown on any chart.

SonicR VA Candles
This new indicator colors some candles according to the SonicR VA indicator volume situations, making correlation easier.

SonicR VA
The use of a volume indicator with the Sonic R System is recommended by Sonicdeejay. To date, three different forms of volume indicators have been used; some form of the NVO indy, some form of a Volumes Enhanced or SonicR Volume indy, and some form of a "volume spread analysis" indy. A volume analysis (VA) indy, specifically designed for SonicR, is included in this package. It is actually a hybrid indicator, partly SonicR Volume and partly VSA. It displays a normal volume histogram, but color coded for above average volume bars (user adjustable) and for climax up/down bars. The three most important things to look for in volume are:
1. rising volume on Leg#2 of the WAVE
2. high or "starting" volume beginning Leg#3 of the WAVE
3. high or "stopping" volume during a run
Rising volume will typically show as blue bars. High starting/stopping volumes can both be either green or red bars.

Accessing Indicator User Notes:
Once the indicators are installed into MT4 you can access the user notes. In the main MT4 window there is a yellow diamond icon with "i" in it. Click on it to open the MetaEditor, where you will find a list on the right that includes "indicators", where you will find the indicators you want to "open" in order to see the user notes at the top of indicator compile (code). Double click on any such indicator in the list and the code for it will appear in the MetaEditor window. You can scroll down the code to view. You will find user notes near the top.

Sample Templates
Below are some examples of the templates.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # june 15, 2011 - 114.gif Size: 36 KB
Click to Enlarge Name: # june 15, 2011 - 115.gif Size: 30 KB
Click to Enlarge Name: # june 15, 2011 - 116.gif Size: 36 KB
Click to Enlarge Name: # june 15, 2011 - 117.gif Size: 29 KB
Attached File(s)
File Type: zip SonicR Indicators & Templates 06-15-2011 Release.zip   123 KB | 1,766 downloads
  • #21,639
  • Jun 14, 2011 11:48pm Jun 14, 2011 11:48pm
Quoting traderathome
EU:

Sent SS short at ES2 = 1.4480. Still have higher short order active.
EU:

68 pips profit on this Sonic Scout ES2 = 1.4480, closed at 1.4410.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 15, 2011 - 118.gif Size: 34 KB
  • #21,640
  • Jun 15, 2011 12:38am Jun 15, 2011 12:38am
AU:

Sent out Sonic Scout ES1 = 1.0709.
Attached Image (click to enlarge)
Click to Enlarge Name: # june 15, 2011 - 119.gif Size: 31 KB
29 traders viewing now