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Sonic R. System

  • #25,681
  • Aug 30, 2011 7:05am Aug 30, 2011 7:05am
Quoting traderathome
EU:

Price has been returned to the same level that I made short entry yesterday, so I re-entered short again, EP = 1.4436
EU:

This is trade from last week. The SL was removed due to high volatility expected on releases. I let it ride. However, we've had almost a full range drop today, so I've closed the trade manually.

EP= 1.4436, minus close= 1.4406, minus spread, equals net gain of 28 pips.
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  • #25,682
  • Aug 30, 2011 7:19am Aug 30, 2011 7:19am
UCad:

Entered long, EPs= 0.9785.
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  • #25,683
  • Aug 30, 2011 7:23am Aug 30, 2011 7:23am
Quoting sonicdeejay
Do not open new EU short fellas..

Sonic
1hr and 30 mins later...
TOld cha..


Sonic
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  • #25,684
  • Aug 30, 2011 7:35am Aug 30, 2011 7:35am
Quoting enigma4x
shame on you!!!!!!!!!!!!!!!!

no respect for other coder - it isīnt mine - but Iīm shure u donīt talk with him - like always.
I do not know what is going on here. These fib levels have been known for hundreds of years, and the library if full of books that apply them in a manner similar to Hansma. I have used them almost identically since I started trading SonicR - the big difference being that I use them primarily for TP's by combining them with S/R, whereas Hans uses them for TP's, SL's and EP as well.

No one, either here at FF or elsewhere can lay claim to having "discovered" or created these fib levels and applied them to the forex markets. Fibonacci's work, and many know it, and have known it for years. As far as editing the levels of a fib retrace or FE tool, again, many, including myself, have been doing it for years, and if you go back ... way back ... into this thread you will see many examples of editing a FE tool to show levels as "TP 1" or "TP 2".

Share and share alike, fellas. As Sonic says, "sharing is caring," after all.
  • #25,685
  • Aug 30, 2011 7:46am Aug 30, 2011 7:46am
UChf:

As I do not believe this is finished yet for the day, here is a classic SonicR long setup I am considering, so long as PA does not radically deviate.
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  • #25,686
  • Edited 8:21am Aug 30, 2011 8:11am | Edited 8:21am
AU:

This is another possibility, a classic SonicR short setup in the making? Or, maybe a long setup if the Market does not like the USD news that is coming soon?
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  • #25,687
  • Aug 30, 2011 8:20am Aug 30, 2011 8:20am
I was here to learn to trade SonicR and to help others do the same. I was fortunate to have found this thread when it was young and most folks kept to Sonic's rules and Sonic would step in an throw a wet blanket on any non-sonicR fires that people tried to start here. Now, it seems as though anything goes - so much so that days have often gone by without anything close to a classic SonicR being posted by anyone except Sonic himself.

Quoting traderathome
... just like you did the last time that you drove a fine person off this thread by your constant "digs...-tah
That other "fine" person as you call him was just like you and my criticism was the same:

Quoting ddaytrader
...You are all over the place, and you are going to infect others with your refusal to let the SonicR stand on its own...
By the way, Rastaman left on his own, TAH. He bounced from system to thread and back again. He lacked the discipline to focus upon one system and learn it well. He wanted the holy grail. The grail does exist. It is in each one of us. Most never realize it nor muster the discipline required to grasp it.

Quoting traderathome
...I cut you some slack, and considered you friend, but no more. You engage too much in criticizing others and offer too little in constructive postings of actual trades...
That's too bad, TAH, because I really want to see you do well. But I never came here to make you or anyone else feel good or kiss ar$e - I'll risk pi$$ing off one hundred stubborn, thin-skinned, thick headed hangers on with what Domas calls my "tough love" if it means I get through to just one Domas or one Muhammad and help him change his life for the better; especially as I know that Domas has gone on to help others learn to trade SonicR and change their lives for the better. I had a few "digs" and "harsh criticisms" for Domas back in the day. He had a choice on how he would react to them, and his choice has made him one the best Sonikers out there.
You have chosen to react differently, and thus your result has likewise been different.

TAH, it is only your ego that prevents you from seeing that my motive for everything I post is to help others and not to cut them down by my "constant digs" as you say. Both you and Rastaman are ego-driven and stubbornly thick headed. The thicker the head, the harder I need to swing the sledgehammer. I gave up on Rastaman and I can give up on you, TAH. But when I am here, I cannot give up on everyone else who hopes to change his or her financial life for the better through trading SonicR. Therefore, if I am here, I have to call BS on those things that lead the would-be Soniker astray.


Quoting traderathome
. ... You came back with a ... concept of trading the Daily chart. Talk about non-SonicR! And since you've been back you've posted the conclusion of just one trade for some 200 pips. Just one trade. And not even a classic Sonic R. trade!...
And I very quickly thought better of it and decided that the last thing this thread needs is yet another variation on a theme, because the theme itself is getting covered by more and more unrelated crap each and every day. I could see that introducing the daily version could cause far more harm than good, so I stopped. Another difference between you and me, TAH, is that I can recognize when I am wrong and I take steps to correct myself. You almost never are willing to admit you might be wrong. As a result, we are having the same go around here in 2011 as we had in 2009 and 2010.

Now, I posted two charts of the EJ from last night and today, as did you. And I see Domas also posted an annotated EJ chart. Look at his charts and my charts, and then look at yours. Identify the differences and you will identify the areas where you need to work on your understanding of price action and the application of SonicR.

I'd still like to help you TAH, but if you feel you have nothing to gain from listening to me, then please put me on ignore, and we leave this negative energy behind. It does none of use any good.
  • #25,688
  • Aug 30, 2011 8:34am Aug 30, 2011 8:34am
Quoting traderathome
AU:

This is another possibility, a classic SonicR short setup in the making? Or, maybe a long setup if the Market does not like the USD news that is coming soon?
As I see it, the AU SonicR short has alread triggered and TP1a has already been reached, and as I usually go to breakeven on my SL after TP1, I'd be flat and out of this pair.

Price has rallied back to the prior minor S area. As I trade SonicR, current PA is inconclusive, and on this pair I'd be waiting for a more clear set up - and that could be days away, rather than minutes or hours. But I am a picky trader, and would rather take 1-3 solid SonicRs per week instead of 3-4 so-so set ups/day.
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  • #25,689
  • Aug 30, 2011 8:48am Aug 30, 2011 8:48am
Quoting ddaytrader
I was here to learn to trade SonicR and to help others do the same. I was fortunate to have found this thread when it was young and most folks kept to Sonic's rules and Sonic would step in an throw a wet blanket on any non-sonicR fires that people tried to start here. Now, it seems as though anything goes - so much so that days have often gone by without anything close to a classic SonicR being posted by anyone except Sonic himself.



That other "fine" person as you call him was just like you and my criticism was the same:



By the way,...
I have not put you on "Ignore", ddaytrader. Nor do I feel there is nothing for Sonikers to gain by listening to you, when you come forth with good illustrations of the Sonic R. System, and posts of actual trades real-time.

There are two ways to offer help and advice. One: you can make fun of, belittle, criticize, even slander. Two: you can demostrate. When you take the first path, there is nothing good anyone can learn from you. When you take the second path, everyone has something good they can learn from you.

Sonicdeejay is not only a Master of the Sonic R. System, he is a "class act" for anyone to follow, should they aspire to correct and encourage others.

Regards,
-tah
  • #25,690
  • Aug 30, 2011 8:51am Aug 30, 2011 8:51am
Quoting traderathome
foxybunny, I dug around for the trade count indicator and put it on one of the EU charts, just for fun. It is slow now, so finding a multiple trade tick and getting a picture of it before it is replaced with a single trade tick was somewhat difficult. But PA has been driven again up off the whole number, and in the higher price area multiple trades per tick began again. I managed to get a picture of one. Look in the lower right of the chart sub-window.

Edit: I messed with this old code to remove the decimal portion of the trade count (trades don't...

You took out your duster and clean up the closet.
Interesting what indicators you made and found in your closet.

Saw your charts with the ticks indicator showing "3" etc, did not understand how you would utilise it.
Hope it helps you with reading volume better.
  • #25,691
  • Aug 30, 2011 8:53am Aug 30, 2011 8:53am
Are u in any position, Sonic?

I have put in some long..

http://screencast.com/t/d43y2WjD
  • #25,692
  • Aug 30, 2011 8:56am Aug 30, 2011 8:56am
Quoting foxybunny
You took out your duster and clean up the closet.
Interesting what indicators you made and found in your closet.

Saw your charts with the ticks indicator showing "3" etc, did not understand how you would utilise it.
Hope it helps you with reading volume better.
No, foxybunny, it does not help except for revealing sudden increased market activity, which overall is unnecessary for us. It was all a waste of time. I put the stuff back in the closet.

The only good that came of it is now the dust is off the top of it, so it makes the closet look cleaner.
  • #25,693
  • Aug 30, 2011 8:59am Aug 30, 2011 8:59am
Quoting enigma4x
may it is helpfull for ya ...

only an opinion ...

Attachment

enigma4x
Yeah, your pic is similar area to my area.
Around there also may be good for Long E/U.
Just wait and see what E/U does around 1.437x to 1.439x before deciding.
  • #25,694
  • Aug 30, 2011 9:01am Aug 30, 2011 9:01am
Quoting traderathome
No, foxybunny, it does not help except for revealing sudden increased market activity, which overall is unnecessary for us. It was all a waste of time. I put the stuff back in the closet.

The only good that came of it is now the dust is off the top of it, so it makes the closet look cleaner.

Your file storage must be huge. Many hidden things in the closet.
Need a bigger duster.
  • #25,695
  • Aug 30, 2011 9:02am Aug 30, 2011 9:02am
Nice fly back to overhead resistance..

Conusmer Confidence is bad..

Looky Looky SHort..

Sonic
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  • #25,696
  • Edited 10:54am Aug 30, 2011 9:10am | Edited 10:54am
Quoting traderathome
EU:

TP1 reached and TP2 reached.

EP1= 1.4527, minus TP1= 1.4457, minus spread equals net gain of 68 pips.
EP2= 1.4495, minus TP2= 1.4416, minus spread equals net gain of 77 pips.
Quoting traderathome
Well, this is clearly a topic of speculation, isn't it? Another viewpoint is that since whole numbers are main S&R areas, the BBs took price the last bit of ways down to it, and then quickly moved the price upwards. Why? One reason could be to encourage traders to go long off this S&R level. Why? So the BBs can continue to short above it. Why? Maybe the price is slated for a good run down off this whole number to upper half number area, maybe not today but tomorrow, or sometime this week. As said, this is speculative.
Quoting foxybunny
E/U M15, if price drop to around 1.4500 and just bounced back up immediately, more likely for Long.

If price drop to around 1.447x, then possible Short to have the bigger drop to 1.439x, then a Long from 1.439x.

Perhaps Tue London will offer a clearer picture.

TAH, re-read my above post again.
Nice Short you. caught

Yes, it was my price speculation on E/U.
This time I am more spot on as around London today show the real Short below 1.448x, and then hit low around 1.439x.
No, I did not trade it as public holiday here so away from computer.

Means may look for Long E/U around 1.439x or below , if no big move left for tonight, then wait till tomorrow.
Need really big volume on the up move to enter a Long though.

Chart added.

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  • #25,697
  • Edited 9:32am Aug 30, 2011 9:13am | Edited 9:32am
Quoting traderathome
AU:

This is another possibility, a classic SonicR short setup in the making? Or, maybe a long setup if the Market does not like the USD news that is coming soon?

TAH, mind the AUD/USD H1 chart.
H1 still look stable for Long.

Added A/U H1 chart.
Price still above Dragon with possible good bounce, Long is still stable here for now.
But note MACD showed Divergence as price moving upwards, perhaps Short coming as well.


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  • #25,698
  • Aug 30, 2011 9:28am Aug 30, 2011 9:28am
Quoting foxybunny

No chart here coz MT4 freeze.
lolx

http://1.bp.blogspot.com/_fZt-VEieWN...0/npnt37ae.jpg

Sonic
  • #25,699
  • Aug 30, 2011 9:33am Aug 30, 2011 9:33am
Inserted Video


Inserted Video


Sonic
  • #25,700
  • Aug 30, 2011 9:34am Aug 30, 2011 9:34am
Quoting sonicdeejay
lolx

http://1.bp.blogspot.com/_fZt-VEieWN...0/npnt37ae.jpg

Sonic

Ha, just added chart as you posted this.

Thot u away on holiday, what are you doing on FF ??
Get outta of FF, Stay enjoying your holidays with your family.
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