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Sonic R. System

  • #30,201
  • Feb 2, 2012 8:45am Feb 2, 2012 8:45am
I guess the SL for the EUR/USD trade and GBP/USD trade would've been taken out due to the massive spike earlier! I should've set my stop slightly higher. Now awaiting Bernanke's speech before the market moves again. Look at the number of dojis on the GBPUSD H4! For the past 7 hours. Market does'nt know where to move. I'm more on a bearish stance. Thoughts anyone on what caused that massive spike?
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  • #30,202
  • Feb 2, 2012 8:58am Feb 2, 2012 8:58am
Quoting traderathome
EU:

Half closed at TP1= 1.3102 for 60 pips profit from EP to TP1. SL lowered to 1.3152.
1 wicked trade.. TAH..
Uncle Ben gonna talk crap soon..

Mkt may swing..
Sonic
  • #30,203
  • Feb 2, 2012 9:01am Feb 2, 2012 9:01am
Quoting pipraiser
I guess the SL for the EUR/USD trade and GBP/USD trade would've been taken out due to the massive spike earlier! I should've set my stop slightly higher. Now awaiting Bernanke's speech before the market moves again. Look at the number of dojis on the GBPUSD H4! For the past 7 hours. Market does'nt know where to move. I'm more on a bearish stance. Thoughts anyone on what caused that massive spike?
Not sure what caused that spike, something leaked maybe?

I had two positions open, one on EU one on EY. The latter missed the stop by about 20 and luckily price stayed 8 short on EU, so I survived it...
  • #30,204
  • Feb 2, 2012 9:53am Feb 2, 2012 9:53am
Hello sonicers, Anyone understands the sonic lo N lc settings ??????? It is not working corectly on my chart cause I use the GMT. Most of the time the sonic system opens London on chart before the session actually begins.

The lo opens on the sonic, but the london session opens on the red bar.
Please help mates. Thanks
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The End Justifies The Means
  • #30,205
  • Feb 2, 2012 9:54am Feb 2, 2012 9:54am
Hi sonicers:

Here my sonic classic trade today...


Let me see if it works.




Regards,
Nando.
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"Being picky only cost your time - not MONEY"...Hans
  • #30,206
  • Feb 2, 2012 9:56am Feb 2, 2012 9:56am
Quoting hanncy
Hello sonicers, Anyone understands the sonic lo N lc settings ??????? It is not working corectly on my chart cause I use the GMT. Most of the time the sonic system opens London on chart before the session actually begins.

The lo opens on the sonic, but the london session opens on the red bar.
Please help mates. Thanks
Hi,

Please make sure you know the "server time" of your broker and thereby know what is the GMT offset it is set at and once you know.., you need to enter that in the chart panel where it says GMT offset or so. For e.g., if the broker is GMT+2 you need to put the value 2 at the offset option. Hope this helps.
  • #30,207
  • Feb 2, 2012 9:57am Feb 2, 2012 9:57am
Quoting traderathome
EU:

Half closed at TP1= 1.3102 for 60 pips profit from EP to TP1. SL lowered to 1.3152.
EU:

Remaining half closed at lowered SL for 10 pips gain from EP to SL.
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  • #30,208
  • Feb 2, 2012 9:59am Feb 2, 2012 9:59am
Quoting traderathome
AU:

Entered short (EP= 1.0705).
AU:

Stopped out at 1.0743 for 38 pips loss from EP to SL.
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  • #30,209
  • Feb 2, 2012 10:09am Feb 2, 2012 10:09am
Quoting hanncy
Hello sonicers, Anyone understands the sonic lo N lc settings ??????? It is not working corectly on my chart cause I use the GMT. Most of the time the sonic system opens London on chart before the session actually begins.

The lo opens on the sonic, but the london session opens on the red bar.
Please help mates. Thanks
I have built into the indicators a neat feature. If they are in use for more than a week without the compiles having been accessed for reading, then they will self-destruct!!!!

I think from now on, when someone asks a question about my indys, I will respond....
"Read the user notes."

And when they ask, "Where are the user notes?", I will respond.....
"Read the compile for the indicator."

And when they predictably ask "....where is the compile?", I will respond....
"Read the releasing post."

And when they ask about the releasing post, I will respond.....
"Read the thread."

And when they ask "Where in the thread....?", I will respond.....
"Read Post#1."

And when they ask "Where in Post#1.....?", I will respond.....


.....please READ!
(Sonic should link this post in Post#1 for, "If you have any questions regarding TAH indicators go to......)
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  • #30,210
  • Feb 2, 2012 10:11am Feb 2, 2012 10:11am
Quoting paapi
Hi,

Please make sure you know the "server time" of your broker and thereby know what is the GMT offset it is set at and once you know.., you need to enter that in the chart panel where it says GMT offset or so. For e.g., if the broker is GMT+2 you need to put the value 2 at the offset option. Hope this helps.
Thanks paapi for your Concern. My broker uses GMT +2, But I couldnt locate the GMT settings on the indicator. I found the DST settings
Please explain further.
The End Justifies The Means
  • #30,211
  • Edited 10:35am Feb 2, 2012 10:16am | Edited 10:35am
Quoting sonicdeejay
1 wicked trade.. TAH..
Uncle Ben gonna talk crap soon..

Mkt may swing..
Sonic
If this second drive up does not go into overdrive (a run higher), then I am going to think that both drives up this London session have been put on by the BBs to prepare for a big drive down, maybe thru tomorrow or into next week. I am thinking this might turn out to be another short setup, tentatively as shown in the pic. We will see.
Attached Image (click to enlarge)
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  • #30,212
  • Feb 2, 2012 10:20am Feb 2, 2012 10:20am
Made a few trades today... One 'suppose' SonicR entry, i was delusional and 'thought' it was a re-entry, all because of JUST volume... Didnt pass the resistance area to warrant a re-entry. My fault, it hit my SL of -20.. From there, i made a few shitty trades.. 2 loses (hit SL's) and 2 wins (1 SonicR and one emotional trade). Ill say this.. The SonicR was the winner here. I knew it and i will always make this mistake... So somehow, i came out ahead?

Yea, this musing i write is essentially for my diary, trading isnt easy folks heh.

The Circled area is the 'supposed' sonic entry, i failed it as you can see. Why? Traded just volume... -21 pips. And in the mist, i entered long when the high green blimp volume receded... -28 pips there (emotional trade). Then after i stopped out, i entered short. Was up 40 pips, but the little voice said 'keep going.' Quit after +20 (same situ on Monday, when i was up 60+). During this state, I told myself 'be humble, you are up for the week/month, clam down and be rational.'

Everything is a learning lesson.. Hope i am in the right direction.. After i took a breather, i saw a 'Valid' SonicR entry. As you can see. My entry was at 1.3140 Feb 2, 2012 10:22pm, little late (all my SL's are 20, unless i am late with it).

Surely, it was my only big winner... +42. All of my SonicR entries yields a high percentage, while the emotional trades (trying to buy high or low, retraces and pulling my hair after being stopped out) are nothing but headaches and sore losers! Thankfully this entry was late in London hours.. Thankfully Uncle Ben helped

Going back to the drawing board... I need Jameson now... Non-Farms is Friday... Im going to tread LIGHLY, if not, ill just go have come Chinese BBQ!

EDIT: Sonic wrote in the past, if you lose 2 trades in a single week, STOP, start again next week... Those words rang true after the 2nd lose of the week... I have to stick to these principles...
Attached Image (click to enlarge)
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  • #30,213
  • Feb 2, 2012 10:30am Feb 2, 2012 10:30am
Quoting hanncy
Thanks paapi for your Concern. My broker uses GMT +2, But I couldnt locate the GMT settings on the indicator. I found the DST settings
Please explain further.
Hi it is called "DST_Server_GMT_Offset" in the external inputs of SonicR Chart Panel indicator.., there you need to put "2" and hopefully your problem will resolve.
  • #30,214
  • Feb 2, 2012 10:41am Feb 2, 2012 10:41am
Quoting paapi
Hi it is called "DST_Server_GMT_Offset" in the external inputs of SonicR Chart Panel indicator.., there you need to put "2" and hopefully your problem will resolve.
He is probably using the 06-15-2011 release. And if he had bothered to read the instructions he'd see that the pivots provided are only broker server pivots. Which is why the additional "DST_Server_GMT_Offset" input needed for the TzPivots is not included.
  • #30,215
  • Feb 2, 2012 10:45am Feb 2, 2012 10:45am
Quoting traderathome
If this second drive up does not go into overdrive (a run higher), then I am going to think that both drives up this London session have been put on by the BBs to prepare for a big drive down, maybe thru tomorrow or into next week. I am thinking this might turn out to be another short setup, tentatively as shown in the pic. We will see.
I agree.

Price has bounced off the H4 supply level 3 or 4 times now which is also in confluence of 61.8 fib (2nd Dec- 13th Jan).
  • #30,216
  • Feb 2, 2012 10:47am Feb 2, 2012 10:47am
Quoting traderathome
He is probably using the 06-15-2011 release. And if he had bothered to read the instructions he'd see that the pivots provided are only broker server pivots. Which is why the additional "DST_Server_GMT_Offset" input needed for the TzPivots is not included.
Hi Tah..,

I think you should make the indicators zip of all your releases password protected, and the password should be "I will make sure I read all the indicator Compiles before I ask any questions and I will try to read as many posts as possible to learn how to use the indicators and thereby try to learn SonicR"
  • #30,217
  • Feb 2, 2012 10:53am Feb 2, 2012 10:53am
Quoting mogulmedia
I agree.

Price has bounced off the H4 supply level 3 or 4 times now which is also in confluence of 61.8 fib (2nd Dec- 13th Jan).
And so this might answer the question posed earlier by a Soniker, about what caused the first spike (and now the second spike, too). It could be BBs, with money sufficient and willingness to use it, manipulating the price up to hit stops on shorts and trigger wrong side pending long orders into the market. Both create the opportunity (liquidity) for the BBs to add shorts before actually reaching the area where large short orders by others (competitors for shorts) are sitting, waiting to be filled.
  • #30,218
  • Feb 2, 2012 11:02am Feb 2, 2012 11:02am
AU:

This may be setting up again as a short. It is a pair that often gets more attention in the asian session than EU, GU, etc., so an entry after the London close might still have merit, if it actually goes short. The next asian session might continue any move. Somewhat risky/speculative.
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  • #30,219
  • Feb 2, 2012 11:05am Feb 2, 2012 11:05am
GU:

Possible pending SonicR short representing a break down thru the whole number resistance, but with post-London session entry. As such, would need careful monitoring due to higher risk if momentum fails.
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  • #30,220
  • Feb 2, 2012 11:06am Feb 2, 2012 11:06am
Quoting traderathome
And so this might answer the question posed earlier by a Soniker, about what caused the first spike (and now the second spike, too). It could be BBs, with money sufficient and willingness to use it, manipulating the price up to hit stops on shorts and trigger wrong side pending long orders into the market. Both create the opportunity (liquidity) for the BBs to add shorts before actually reaching the area where large short orders by others (competitors for shorts) are sitting, waiting to be filled.
Yeah, it will be interesting to see what happens next!
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