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Sonic R. System

  • #22,661
  • Jun 30, 2011 9:37am Jun 30, 2011 9:37am
Quoting traderathome
UChf:

After the preceeding post, on the dip Tuesday SS EL7 = 0.8291 was added. That was the day I was tired. At the time there was no posting, either because if forgot, or maybe I felt you all were tired of seeing me add to what you thought were losing trades. Anyway, final results....

001 pips profit on SS EL1 = 0.8425 closed at 0.8429
063 pips profit on SS EL2 = 0.8363 closed at o.8429
056 pips profit on SS EL3 = 0.8370 closed at o.8429
032 pips profit on SS EL4 = 0.8323 closed at o.8363
081 pips profit on SS EL5 = 0.8345 closed at o.8429...

TAH, excellent total pips earned for USD/CHF.

Again, why would you NOT want to enter SS EL1, EL2, EL3, EL4, EL5, EL6 and EL7, etc ??

Trade number "7" seem to be around your lucky number.

Kimis also taken note on TAH's lucky number.

ps: As I talking/posting, EUR/USD now moving up.
  • #22,662
  • Jun 30, 2011 9:38am Jun 30, 2011 9:38am
EJ:

Sonic Scout trades.....see, as I look at this one I am seeing a Sonic Scout entry. Just when, I am not sure, but soon because S&R is now immediately overhead of PA. Comments?
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  • #22,663
  • Jun 30, 2011 9:40am Jun 30, 2011 9:40am
Quoting Domas4
I was never short and long at the same time. My short's SL was exactly at the same place where buy stop was. Just trading waves...
I should not have said at the SAME time.
I meant you have a Short, but it has not exited yet, and you still able to open a Long in the opposite direction some time later.

So you would have both a Long and Short at that moment by trading according to where the Wave telling you Short first, then Long later.
Means you follow your rules and trading plan well regardless of direction!!
  • #22,664
  • Jun 30, 2011 9:50am Jun 30, 2011 9:50am
Quoting foxybunny
I should not have said at the SAME time.
I meant you have a Short, but it has not exited yet, and you still able to open a Long in the opposite direction some time later.

So you would have both a Long and Short at that moment by trading according to where the Wave telling you Short first, then Long later.
Means you follow your rules and trading plan well regardless of direction!!
Foxybunny, I believe what Domas4 is illustrating is the enactment of the advice from ddatytrader.

Essentially, if you have entered a good setup, but it reverses to your reasonably placed SL (now that trade is automatically closed), learn to react to the PA reversal and enter in the opposite direction. I think this advice was couched in a senario that if PA reverses on a good setup, then it will likely run hard the other way, but I would have to research ddaytrader's posts to be sure. I will leave that to anyone else that wants to.
  • #22,665
  • Jun 30, 2011 9:53am Jun 30, 2011 9:53am
Quoting foxybunny
[...]
I meant you have a Short, but it has not exited yet, and you still able to open a Long in the opposite direction some time later.
[...]
Long was opened at the exactly same time when short was closed, because both, SL and buy-stop, were at the same level. The level where trend change is being indicated (when price breaks the last Lower High on M15).
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cut losses short, let profits run.
  • #22,666
  • Jun 30, 2011 9:54am Jun 30, 2011 9:54am
EU:

The BBs are just farting around with it this morning. A guess? They are building positions for a good run. Hell, it is likely to go down! Right now, lower HLs. And it has already had a hell of a run up! Essentially, it appears the BBs are using the range between two S&R levels to take time and build. Popping the PA up thru the upper S&R level is probably just their way of exciting traders to go long.....which helps the BBS build shorts.
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  • #22,667
  • Jun 30, 2011 9:56am Jun 30, 2011 9:56am
Quoting traderathome
Foxybunny, I believe what Domas4 is illustrating is the enactment of the advice from ddatytrader.

Essentially, if you have entered a good setup, but it reverses to your reasonably placed SL (now that trade is automatically closed), learn to react to the PA reversal and enter in the opposite direction. I think this advice was couched in a senario that if PA reverses on a good setup, then it will likely run hard the other way, but I would have to research ddaytrader's posts to be sure. I will leave that to anyone else that wants to.

Interesting theroy. Sounds reasonable.
  • #22,668
  • Jun 30, 2011 10:02am Jun 30, 2011 10:02am
Quoting traderathome
EJ:

Sonic Scout trades.....see, as I look at this one I am seeing a Sonic Scout entry. Just when, I am not sure, but soon because S&R is now immediately overhead of PA. Comments?
EJ, where you mark the chart around 117.05 should have been my exit for this morning. But no I did not exit so it went back down all the way to BE+2.
You should have told me earlier this morning to exit!!!

Now EJ again is going around 117.05, it definitely got resistance.
Whether or not it will go down from there, I don't know.

For me, as I re-enter 2 new EJ Long during today's London Open, and usually the second time round, it come around its high, then it may break this 117.05 resistance.
If don't break up, just put it as the small Double Top pattern and may go down.

Do Look for a Higher Resistance level on a higher time frame for a better down move.
Perhaps a higher resistance may be around 117.50 or 118.00.
Please just remind me to exit at a profit first.

My EJ bias is still UP.
EJ is volatile, it can go up and down a lot anytime, especially now during USA Stock market hour.
And some more today is end of month, just realised, so even more movement.


TAH, for you, this is NOT to be a Sonic Scout EJ Short yet, cause the Market has NOT say so.
Market is still telling you UP bars.
And those UP bars are getting larger and faster during the last 1 hour.

Wait longer for EJ to really show it is going down again if you must Short.
Look for the Next Higher Resistance level for a better short.

This is the same re-analysis work you must do to differentiate when to take a better Sonic Scout.

Or count to 7 trades before Scout entry.


ps. I am writing too long and posting too much! EUR/USD now really moving UP!! I need to enter if I can.
  • #22,669
  • Jun 30, 2011 10:09am Jun 30, 2011 10:09am
Quoting traderathome
EU:

The BBs are just farting around with it this morning. A guess? They are building positions for a good run. Hell, it is likely to go down! Right now, lower HLs. And it has already had a hell of a run up! Essentially, it appears the BBs are using the range between two S&R levels to take time and build. Popping the PA up thru the upper S&R level is probably just their way of exciting traders to go long.....which helps the BBS build shorts.
Shorts !
  • #22,670
  • Jun 30, 2011 10:11am Jun 30, 2011 10:11am
hello

I ve been playing with the sonic system for some time now and found it very profitable.
I work with pure sonic set up but in order to minimise the possible loss , I enter a trade with the help of additional indicators.
do not want to bother sonicdeejay or tah , just posting to try to add value to the already great system .
  • #22,671
  • Jun 30, 2011 10:16am Jun 30, 2011 10:16am
Quoting foxybunny
EJ, where you mark the chart around 117.05 should have been my exit for this morning. But no I did not exit so it went back down all the way to BE+2.
You should have told me earlier this morning to exit!!!

Now EJ again is going around 117.05, it definitely got resistance.
Whether or not it will go down from there, I don't know.

For me, as I re-enter 2 new EJ Long during today's London Open, and usually the second time round, it come around its high, then it may break this 117.05 resistance.
If don't break up, just put it as the small Double...
EJ:

A couple of power pushes (green VA bars) got the PA started up, and to the upper whole number area. They are like the Saturn V rocket boosters.......liftoff, continued thrusting, and then released as momentum climbs and less powerful (expensive) trading can continue the momentum.

Anyway, once up near the upper whole number, PA continued the climb on declining volume. To me, this did not negate the validity of sending out a Sonic Scout, so at a time when PA neared the S&R level, I sent out a Sonic Scout ES1 = 117.15.
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  • #22,672
  • Jun 30, 2011 10:16am Jun 30, 2011 10:16am
Quoting Domas4
E/U: So my remaining short position gets closed at lowered SL. New long is opened at the same level.
E/U: TP hit.

And here is how to trade SonicR. Since foxybunny said it was valuable, I thought to put all screenshots into one post in case someone learns something. An example of trade management according to waves.

Result:
Short:
Position 1: +23 pips.
Position 2: -9 pips.

Long :
Position 1: 28 pips.

Total: 42 pips.
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cut losses short, let profits run.
  • #22,673
  • Jun 30, 2011 10:17am Jun 30, 2011 10:17am
Quoting foxybunny
EJ, where you mark the chart around 117.05 should have been my exit for this morning. But no I did not exit so it went back down all the way to BE+2.
You should have told me earlier this morning to exit!!!

Now EJ again is going around 117.05, it definitely got resistance.
Whether or not it will go down from there, I don't know.

For me, as I re-enter 2 new EJ Long during today's London Open, and usually the second time round, it come around its high, then it may break this 117.05 resistance.
If don't break up, just put it as the small Double...



it looks like a real tradesman or ...girl ....

like the infamous great sonic deejay - these is one who was changing my live. My door is open for these guy, every time. it will never change.

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #22,674
  • Jun 30, 2011 10:18am Jun 30, 2011 10:18am
Quoting PipDizzle
Shorts !
Still holding ur short??

Told ya.. DD is a big killer for short TF trader like us..


Sonic

No new trade for me,, jus an old long holding since 1.411x .. Nite
  • #22,675
  • Jun 30, 2011 10:19am Jun 30, 2011 10:19am
this is an exemple of today s sonic set up that didn t work but I didnt loose money.
I always open 2 equals volume. First TP is equal to the entry -the last higher semaphor, the second is a free ride to whatever TP with SL of the last higher semaphor.
Entry with TDI
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  • #22,676
  • Jun 30, 2011 10:22am Jun 30, 2011 10:22am
EU:

Longs, be careful. This could turn out as the infamous improper WAVE....a wide swing opposite the next run! High booster volume, too. It could be closing of longs, or run of stops on the shorts of others.
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  • #22,677
  • Jun 30, 2011 10:25am Jun 30, 2011 10:25am
Quoting Domas4
E/U: TP hit.

And here is how to trade SonicR. Since foxybunny said it was valuable, I thought to put all screenshots into one post in case someone learns something. An example of trade management according to waves.
Nice "summery" , grats for your trades. What are those minicharts intended for (your bias is based on them e.g)?
Mind the gap
  • #22,678
  • Jun 30, 2011 10:25am Jun 30, 2011 10:25am
Quoting traderathome
EU:

Longs, be careful. This could turn out as the infamous improper WAVE....a wide swing opposite the next run! High booster volume, too. It could be closing of longs, or run of stops on the shorts of others.
yeah W.E. man this thing might hit 1.50 before it ever turns !
  • #22,679
  • Jun 30, 2011 10:29am Jun 30, 2011 10:29am
Quoting traderathome
EU:

Morning, Sonickers!

Up? Down? My pending order executed. It looks like the next could be down. I think we will have to await the USD release in just under 1.5 hours. And 30 minutes later, there is another serving of the Greek Salad?

Anyway, PA is between S&Rs, with a lesser S&R to break at 1.4456 first before going down. Could be small swings until the releases. A break thru the S&R up might just be part of a swing/headfake.

Needs more time.
EU:

Sent out last SS ES8 = 1.4525, and this should be the last post on this trade until it closes out.
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  • #22,680
  • Jun 30, 2011 10:30am Jun 30, 2011 10:30am
Quoting Sunbrella
Nice "summery" , grats for your trades. What are those minicharts intended for (your bias is based on them e.g)?
No, no bias. Just to see where bigger trend is going.
cut losses short, let profits run.
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