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Sonic R. System

  • #29,201
  • Dec 22, 2011 7:23am Dec 22, 2011 7:23am
Quoting alrightfrank
thanks TAH, this day isnt gonna be like the last few days of good move, my charts are giving mixed signals gu and eu seem getting ready for a plunge. im on a side position for today, have a good one fellas sonikers!

F
what mixed signals....please share.
  • #29,202
  • Dec 22, 2011 7:25am Dec 22, 2011 7:25am
Quoting traderathome
AJ:

Entered long (EP= 78.76).
nice explanation of entry...I see this time you picked closer SL....what was your reasoning for doing this on this trade versus others you have taken where you placed it past the 1st leg?
  • #29,203
  • Dec 22, 2011 7:46am Dec 22, 2011 7:46am
Quoting traderathome
AJ:

Trade closed at 79.16 with 40 pips gain from EP to TP.
great trade...what made you target FE 100? Did you draw that or is that part of an indicator?
  • #29,204
  • Dec 22, 2011 7:46am Dec 22, 2011 7:46am
Quoting jdtrader
nice explanation of entry...I see this time you picked closer SL....what was your reasoning for doing this on this trade versus others you have taken where you placed it past the 1st leg?
Gambled on less volatility. Higher volatility would have had me worry about a close SL, but this pair was somewhat removed from influence over high impact USD release, and the JPY release was already in.
  • #29,205
  • Dec 22, 2011 7:47am Dec 22, 2011 7:47am
Quoting traderathome
JD (and all Sonikers), do you see now what I mean about beautiful early asian session setups? ........

.....As good as this one looked, JD, the durned thing REVERSED! And this is exactly why Sonicdeejay recommends only trading in the London session. You can save yourself a lot of headaches by avoiding a lot of Head Fakes.
  • #29,206
  • Dec 22, 2011 7:53am Dec 22, 2011 7:53am
Quoting traderathome
Gambled on less volatility. Higher volatility would have had me worry about a close SL, but this pair was somewhat removed from influence over high impact USD release, and the JPY release was already in.
Should we maybe include a volatility indicator? EA needs something to have volatility as part of the equation to decide like you did, unless you were able to decide somehow from the chart already (assuming you didn't interpret volatility from volume).
  • #29,207
  • Dec 22, 2011 7:55am Dec 22, 2011 7:55am
Quoting SteMag
EU:

Stop will be over Leg2.. i'm a bit scared by the Unemployment, but i'm in.
Closed half at +25 or something, SL@BE.
Attached Image (click to enlarge)
Click to Enlarge Name: EU.PNG Size: 74 KB
  • #29,208
  • Dec 22, 2011 7:55am Dec 22, 2011 7:55am
Quoting jdtrader
Should we maybe include a volatility indicator? EA needs something to have volatility as part of the equation to decide like you did, unless you were able to decide somehow from the chart already (assuming you didn't interpret volatility from volume).
Your problem with that is the decision was based not on current volatility, but on assumed lack of upcoming volatility (based on the situation with releases, as previously discussed).
  • #29,209
  • Dec 22, 2011 7:58am Dec 22, 2011 7:58am
Quoting SteMag
Closed half at +25 or something, SL@BE.
excume me , for me ask . that's mean "BE" it stands for what?
Share and Receive
  • #29,210
  • Dec 22, 2011 8:12am Dec 22, 2011 8:12am
Quoting maxryan9999
excume me , for me ask . that's mean "BE" it stands for what?
Break-Even point, my entry point, so if the price turns against me i will not lose money.
  • #29,211
  • Dec 22, 2011 8:51am Dec 22, 2011 8:51am
EU:

I patiently waited for true colors to show, and now believe this is a long situation. Volume density peaked at lows, followed by second bout of heavy trading again at lows.

Dropped down to M1 for earliest entry on SonicR long setup (EP= 1.0340). This is unorthodox, but seems ok for the situation.

Speculation - BBs dragged out the process of dropping price as a reaction to the release. They were not really interested in going short, just in making it look that way as they suckered in as many shorts as possible. This enabled the liquidity the BBs wanted/needed to get their long positions filled. Again, this is pure speculation, but if correct then this could go quite high during the remainder of the week. If this is not correct, then maybe they were just looking to close their own shorts, in which case maybe PA goes nowhere after this until some other stimulus arrives.
Attached Image (click to enlarge)
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  • #29,212
  • Dec 22, 2011 9:43am Dec 22, 2011 9:43am
i don'k know set hard SL for reentry ??? It have as leg #3
H -L -LH - LL - retest LH
Attached Image (click to enlarge)
Click to Enlarge Name: 12-22-2011 10-38-43 PM.png Size: 56 KB
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  • #29,213
  • Dec 22, 2011 10:15am Dec 22, 2011 10:15am
Quoting traderathome
EU:

I patiently waited for true colors to show, and now believe this is a long situation. Volume density peaked at lows, followed by second bout of heavy trading again at lows.

Dropped down to M1 for earliest entry on SonicR long setup (EP= 1.0340). This is unorthodox, but seems ok for the situation.

Speculation - BBs dragged out the process of dropping price as a reaction to the release. They were not really interested in going short, just in making it look that way as they suckered in as many shorts as possible. This enabled the liquidity...

Nice view...

I took this trade too...fast 15pips scalp....out today.



Regards,
Nando.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu_22-01-2011_m5_scalp_withe.gif Size: 31 KB
Click to Enlarge Name: eu_22-01-2011_m5_scalp.gif Size: 30 KB
"Being picky only cost your time - not MONEY"...Hans
  • #29,214
  • Edited 10:36am Dec 22, 2011 10:24am | Edited 10:36am
Quoting maxryan9999
i don'k know set hard SL for reentry ??? It have as leg #3
H -L -LH - LL - retest LH

WHY are you selling into 15 min support/demand ?

Regards,
H
Attached Image (click to enlarge)
Click to Enlarge Name: eu15min.gif Size: 35 KB
"The future is already written in the past"
  • #29,215
  • Dec 22, 2011 10:46am Dec 22, 2011 10:46am
Quoting hansma
WHY are you selling into 15 min support/demand ?

Regards,
H
Nice chart...you let me always thinking about it...LOL



Regards,
Nando.
"Being picky only cost your time - not MONEY"...Hans
  • #29,216
  • Dec 22, 2011 10:53am Dec 22, 2011 10:53am
Quoting nando_rich
Nice chart...you let me always thinking about it...LOL



Regards,
Nando.

Thanks mate - and donīt you ever forget it

Nice to see you again.

Regards,
H
"The future is already written in the past"
  • #29,217
  • Dec 22, 2011 11:05am Dec 22, 2011 11:05am
Quoting hansma
Thanks mate - and donīt you ever forget it

Nice to see you again.

Regards,
H
I'm here in partial time...the return is near (I hope so)...

See you soon.
"Being picky only cost your time - not MONEY"...Hans
  • #29,218
  • Dec 22, 2011 11:51am Dec 22, 2011 11:51am
Well that's a nice job
My daughter was very sick last night I missed the up move, with my system set up I could have a guaranteed profit. It comes to NY session the down move range so tight but I was able capture 2o pips. I trade with no indicator.
I am a new member, not be able to post anyhting yet, otherwise I would upload my trade statement
well year end is here
merry Christmas and happy new year
  • #29,219
  • Dec 22, 2011 3:54pm Dec 22, 2011 3:54pm
Does anybody have that indicator that makes the bars thicker with volume?
  • #29,220
  • Dec 22, 2011 7:30pm Dec 22, 2011 7:30pm
Quoting hansma
WHY are you selling into 15 min support/demand ?

Regards,
H
i wonder how to adjust a chart like this
pm me pls
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