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Sonic R. System

  • #22,881
  • Jul 5, 2011 5:46pm Jul 5, 2011 5:46pm
Portugal just get downgraded, it run back to support 1.439x lvl..
TAH is gr8 at taking TP with his marvelous S&R skill as always..
Careful with short or long.. I will wait till Pre London or so..

Gd morning, fellas..

Sonic
  • #22,882
  • Jul 5, 2011 8:16pm Jul 5, 2011 8:16pm
Quoting foxybunny
EJ:

After SS probe above hit SL, the price did not go much further down than 117.30.
Re-Enter looks like Sonic Clasic at higher price.

Re-Enter Sonic Classic Long EJ 117.45
The above EJ Long hit SL -40 pips.
Possibly aided by the Moody downgrade of Portugal.
  • #22,883
  • Edited 8:31pm Jul 5, 2011 8:19pm | Edited 8:31pm
Quoting foxybunny
Missed entry at EU SSLong.
Just enter EU Long at 1.4490.

IG this week seem to have change the way enter limit order.
Today it keep saying too close to enter, need extra 5-pips to enter.
Are you encountering this as well ??

The above EU Long hit SL -60 pips.
Possibly aided by the Moody downgrade of Portugal.

I widen the SL from -30 to -60, that was the extra mistake.


H1 chart has wide bars on 29-Jun show price may remain in range between 1.4333 to 1.4450.
Big 100 pips range, but still need a breakout of this range to see real move.
  • #22,884
  • Jul 5, 2011 10:18pm Jul 5, 2011 10:18pm
EJ, EU and UChf:

Euro got hammered and traders flocked to Swissy, driving it higher against everything. Now look. EJ and EU are being worked back higher again.....NOT UChf! So, I am wondering if now that the BBs have UChf down, they are loading up longs in advance of NFP.....?

As for EJ and EU, the rise is probably not over with if the BBs are trying to regain high ground for shorting before NFP.

All-in-all, it may shape up as a few days of "working" dollar weakness into the USD pairs before NFP, so there can be a nice dollar strength run in conjuction with NFP.

.....all speculation. Let's see how each London session goes.
  • #22,885
  • Jul 5, 2011 10:52pm Jul 5, 2011 10:52pm
EU:

Not London session
No defined PA Wave, but series of higher HLs possibly representing a break up at half number area
Dragon up
PA above Dragon

Entered EP long = 1.4452.

Even though EU might be restored high before NFP (speculation), the London session BBs might drive it back down before starting the trek up. I might have to lower the SL. Right now I am simply looking to see if the asian session might have another 20-40 pips more to go.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 026..gif Size: 25 KB
  • #22,886
  • Edited 1:43am Jul 6, 2011 12:50am | Edited 1:43am
EJ:

Not London session yet
Nice PA Wave for possible break up thru whole number
Dragon up
PA above Dragon

Entered on pullback to Dragon center....early entry
EP long = 116.91

Edit: Lowered SL on drive down and added EP2 long = 116.75. Updated chart.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 028..gif Size: 29 KB
  • #22,887
  • Jul 6, 2011 1:28am Jul 6, 2011 1:28am
Quoting kimis
dear Daniel. please download package provided on 15th June by TAH and you will get desired indicator and even more.
Thanks I got the Sonic R V3 from the first post. But now I'll be using the one in the link you show me.
  • #22,888
  • Jul 6, 2011 2:00am Jul 6, 2011 2:00am
Quoting traderathome
EU:

Not London session
No defined PA Wave, but series of higher HLs possibly representing a break up at half number area
Dragon up
PA above Dragon

Entered EP long = 1.4452.

Even though EU might be restored high before NFP (speculation), the London session BBs might drive it back down before starting the trek up. I might have to lower the SL. Right now I am simply looking to see if the asian session might have another 20-40 pips more to go.
EU:

Lowered SL on this spike down and added EP2 long = 1.4422.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 030.gif Size: 31 KB
  • #22,889
  • Jul 6, 2011 2:07am Jul 6, 2011 2:07am
Quoting traderathome
EJ:

Not London session yet
Nice PA Wave for possible break up thru whole number
Dragon up
PA above Dragon

Entered on pullback to Dragon center....early entry
EP long = 116.91

Edit: Lowered SL on drive down and added EP2 long = 116.75. Updated chart.
EJ:

BBs continue the hard spike/drive down, so have removed SL (effectively) and added EP3 long = 116.46.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 031.gif Size: 28 KB
  • #22,890
  • Jul 6, 2011 2:28am Jul 6, 2011 2:28am
Quoting traderathome
EU:

Lowered SL on this spike down and added EP2 long = 1.4422.
EU:

This has been a hard and quick drive down to a lower support level. I have effectively removed the SL and added EP3 long = 1.4392.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 033.gif Size: 31 KB
  • #22,891
  • Jul 6, 2011 2:44am Jul 6, 2011 2:44am
Quoting traderathome
EU:

This has been a hard and quick drive down to a lower support level. I have effectively removed the SL and added EP3 long = 1.4392.
TAH, we have a chance to go another 100 pips down (my ideal target is around 1.429) before any major move up.

Regarding your S/R indicator, when do you plan to release?
Mind the gap
  • #22,892
  • Jul 6, 2011 2:51am Jul 6, 2011 2:51am
Quoting traderathome
EU:

This has been a hard and quick drive down to a lower support level. I have effectively removed the SL and added EP3 long = 1.4392.
it's clear down trend in H4, H1, M30, M15 timeframes!! plus bad news
one suggestion: remove the Dragon from the chart, trade with pure waves and S/R. you can do much better.
Attached Image (click to enlarge)
Click to Enlarge Name: eu15m.gif Size: 26 KB
seeing through
  • #22,893
  • Jul 6, 2011 3:07am Jul 6, 2011 3:07am
Quoting traderathome
EU:

This has been a hard and quick drive down to a lower support level. I have effectively removed the SL and added EP3 long = 1.4392.
the chart tells it all. price danced around the dragon, give fail signals. you either have rule to filter out the bad trades, or remove the dragon from the chart, just trade pure wave and S/R, the soul of Sonic R. I have done it for 2 months... result is better for me. after all, a clear mind and will power are vital in this game
Attached Image (click to enlarge)
Click to Enlarge Name: tha.gif Size: 48 KB
seeing through
  • #22,894
  • Jul 6, 2011 3:40am Jul 6, 2011 3:40am
Quoting pipphunter
the chart tells it all. price danced around the dragon, give fail signals. you either have rule to filter out the bad trades, or remove the dragon from the chart, just trade pure wave and S/R, the soul of Sonic R. I have done it for 2 months... result is better for me. after all, a clear mind and will power are vital in this game

Hi Piphunter,

Please explain your chart why you labelled "Failed" and "Good" signals, as I really don't understand how you labelled in that manner.

Looking at your chart, from left side, where price is Above the Magenta Moving Average, most times when you go Long just above the Dragon, it is a Good signal as long as you take pips profit earlier.

The point for Long is look at how price go below the Dragon for a short while, then re-enter itself above the dragon for a good signal for Long.



From right side, where price is Below the Magenta Moving Average, most times when you go Short just below the Dragon, it is a Good signal as long as you take pips profit earlier.

The point for Short is look at how price go above the Dragon for a short while, then re-enter itself below the dragon for a good signal for Short.


The Dragon as a trend seem still reasonable to have on the chart.
  • #22,895
  • Jul 6, 2011 3:44am Jul 6, 2011 3:44am
Quoting traderathome
EJ:

BBs continue the hard spike/drive down, so have removed SL (effectively) and added EP3 long = 116.46.
EJ:

Last add, EP4 long = 116.21.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 035.gif Size: 26 KB
  • #22,896
  • Jul 6, 2011 3:46am Jul 6, 2011 3:46am
Quoting traderathome
EU:

This has been a hard and quick drive down to a lower support level. I have effectively removed the SL and added EP3 long = 1.4392.
EU:

Last add, EP4 long = 1.4360.
Attached Image (click to enlarge)
Click to Enlarge Name: # july 05, 2011 - 037.gif Size: 32 KB
  • #22,897
  • Jul 6, 2011 3:47am Jul 6, 2011 3:47am
Quoting pipphunter
the chart tells it all. price danced around the dragon, give fail signals. you either have rule to filter out the bad trades, or remove the dragon from the chart, just trade pure wave and S/R, the soul of Sonic R. I have done it for 2 months... result is better for me. after all, a clear mind and will power are vital in this game
I think you are partly wrong on that signals. This largely depends on what TF we look at these setups/dragon (see pic). I think this is one of the typical "trap" many fall into (do not see the wood for the trees).
Attached Image (click to enlarge)
Click to Enlarge Name: EU_110706_re-entries.gif Size: 106 KB
Mind the gap
  • #22,898
  • Jul 6, 2011 4:00am Jul 6, 2011 4:00am
took a loss on cable -35 pips

took +80 pips on euro short, will re-entry if will see 4420-25 area
Attached Image
fokyou forexfactory
  • #22,899
  • Jul 6, 2011 4:21am Jul 6, 2011 4:21am
Quoting traderathome
EU:

Last add, EP4 long = 1.4360.
Now u r EU bull,, add but pls take caution..

Sonic
  • #22,900
  • Jul 6, 2011 4:39am Jul 6, 2011 4:39am
Quoting sonicdeejay
Now u r EU bull,, add but pls take caution..

Sonic
have you got any idea for trading today?? maybe a re-entry if the PA pullback nice to 1.440X??

Regards.
"Being picky only cost your time - not MONEY"...Hans
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