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Sonic R. System

  • #30,621
  • Feb 13, 2012 2:31am Feb 13, 2012 2:31am
Quoting marcoxq
TAH May i know which page to download this new template. i was away for some time.

Can i check with you, since you assume that the PA is building up for short. Do you set a sell stop? based on what condition do you set the sell stop? previous low?
New stuff likely not to be released until after the DST/non-DST changeover. I need to check mods to DST code.

As for sell stop, etc., I am doing nothing until I see a decent wave in proximity to S&R during a London session that suggests a Sonic R. System setup might be taking place. If and when I see such a setup then the EP, TP(s) and SL will be set according to the Sonic R. System Summary, which was newly posted Saturday.
  • #30,622
  • Feb 13, 2012 2:37am Feb 13, 2012 2:37am
Quoting traderathome
New stuff likely not to be released until after the DST/non-DST changeover. I need to check mods to DST code.

As for sell stop, etc., I am doing nothing until I see a decent wave in proximity to S&R during a London session that suggests a Sonic R. System setup might be taking place. If and when I see such a setup then the EP, TP(s) and SL will be set according to the Sonic R. System Summary.
Many thanks.

i am also bias that the market is building up for short just that when will the dragon appear? i start to notice many times i missed trades as you and master had spotted. need lots of practice and i use live to practice. lol

Master, when we meet up for coffee. i also stay west
  • #30,623
  • Edited 2:55am Feb 13, 2012 2:40am | Edited 2:55am
Quoting Konata
Yes, I am also curious as to why "short" when the trend seem to have changed to long due to:

15M EURUSD:
2 PA bounce off Dragon.
Dragon above the MA.
And just made a HH on at 0715 GMT.

5M EURUSD:
The SHI Indicator changed to uptrend (15M)

Sorry and thanks.
Yes, right now PA is upwards. You can trade in that direction if you want to, and find a valid London session SonicR long setup to do so. My comments were only addressing the possible reason for the push upwards, how long it might last, and what might be coming.

I have not been suggesting to anyone what direction to trade. In fact, I previously stated I was waiting on the London session to see if any SonicR setup occurred for either direction. I think it is too late to go long because price already achieved the middle of last week's range. There isn't enough more to go to the top to even bother with, and the top is heavy resistance.
  • #30,624
  • Feb 13, 2012 2:41am Feb 13, 2012 2:41am
The price is above dragon..

One shouldn't be going short even if the bias is short..


I hav no position now..


Sonic
  • #30,625
  • Feb 13, 2012 2:46am Feb 13, 2012 2:46am
Hi.

I entered Long on EURUSD, 15M entry.

I went in slightly later, so hence the Screenshot, I wrote the "Optimal Buy Zone" because what I did wasnt optimal based on rules.

So, I set my SL below the previous low.

http://my.jetscreenshot.com/demo/20120213-xh7k-91kb.jpg
Comments please and thank you~!

Thanks TAH and Sonic for your comments and clarification while I was posting this. ^_^
  • #30,626
  • Feb 13, 2012 2:50am Feb 13, 2012 2:50am
Quoting sonicdeejay
The price is above dragon..

One shouldn't be going short even if the bias is short..


I hav no position now..


Sonic

Master, thanks for the info.

our industries quite related, im in steel.
  • #30,627
  • Feb 13, 2012 2:53am Feb 13, 2012 2:53am
I agree with TAH ...I see a short on the cards for Eur/$ On the weekly chart I see a retrace to 38,2 fib level so weekly trend still down .
Daily the chart says its (last three days bumping resistance 1.325x)
4H-last three bars up (with just over an hour to go on current bar pullback) confluence on the 4H with the weekly 1325x. Im waiting for 4H to close and then I'll look at 1H and 15min for entry .
  • #30,628
  • Feb 13, 2012 3:38am Feb 13, 2012 3:38am
SonicR and the Market and EU:

Today is Monday. Monday is not a prime trading day and Master Sonicdeejay does not often trade on Monday. Why? Monday is the day the market uses to start setting things up for the week. By the looks of it, the market wants to get the prices back up for whatever is coming later. But that is speculative. It is just that Monday is not usually a good trading day. We should remember that and be picky and careful.

Anyway, we are now into the first London session. There is no SonicR setup yet. Therefore, there has not been a SonicR setup yet this week. However, some of you have already traded! Congratulatons to those profitable, but trading prior to the London session is not recommended by Master Sonicdeejay. And for good reasons that have often been stated and restated here. Suffice it to say, it is a very bad practice that can lead to a very bad habit. And I think I have the right to say so because I developed this bad habit early on, and have suffered for it.

Don't do it!

Regards,
-tah
  • #30,629
  • Feb 13, 2012 3:44am Feb 13, 2012 3:44am
Sorry TAH and Sonic for breaking the rules...

So, if I have understood this right.

Monday is the day where everything is getting prepared for the week.
Solid SonicR Setups will usually occur on Tuesday onwards.

And by saying no SonicR Setups, mine earlier is not considered a Setup, or it is, but a weak one at that?

Sorry and thanks for the info!


Quoting traderathome
SonicR and the Market and EU:

Today is Monday. Monday is not a prime trading day and Master Sonicdeejay does not often trade on Monday. Why? Monday is the day the market uses to start setting things up for the week. By the looks of it, the market wants to get the prices back up for whatever is coming later. But that is speculative. It is just that Monday is not usually a good trading day. We should remember that and be picky and careful.

Anyway, we are now into the first London session. There is no SonicR setup yet. Therefore, there has...
  • #30,630
  • Feb 13, 2012 3:55am Feb 13, 2012 3:55am
Quoting Konata
Sorry TAH and Sonic for breaking the rules...

So, if I have understood this right.

Monday is the day where everything is getting prepared for the week.
Solid SonicR Setups will usually occur on Tuesday onwards.

And by saying no SonicR Setups, mine earlier is not considered a Setup, or it is, but a weak one at that?

Sorry and thanks for the info!
Hi, Konata. You can call 'em whatever you like. I called mine SonicR setups, but that didn't help them make enough money to make 'em worth all the aggravation!

Every trader has the right to make whatever trading decisions they want to. And trading the asian session can yield profits, just as some have been able to do today. But it is a practice not recommended,.....not recommended,.....not recommended! And I am not just parroting Sonicdeejay. I have lived the fallacy. It is just not worth it! Master Sonicdeejay is absolutely wise in his recommendation that we stay away from trading the asian session! And the fewer posts of such trades on this thread, the better.

Regards,
-tah
  • #30,631
  • Edited 7:14am Feb 13, 2012 3:55am | Edited 7:14am
Quoting traderathome
SonicR and the Market and EU:

Don't do it!

Regards,
-tah
Dear Tah,

It seems to me this sign should be bigger and plased in background of SonicR Chart Panel.

Thanks for keeping us out of troubles!

Regards,
ad4x.
  • #30,632
  • Feb 13, 2012 4:00am Feb 13, 2012 4:00am
Yup.

Noted that Asian Session is not a recommended session to trade in.

However, what about the 1st London and NY session for the week?
Are these recommended days of trading?

Sorry for being so annoying, but I would like to join in the crowd and contribute later on as well. ^_^

Thanks again!

Quoting traderathome
Hi, Konata. You can call 'em whatever you like. I called mine SonicR setups, but that didn't help them make enough money to make 'em worth all the aggravation!

Every trader has the right to make whatever trading decisions they want to. And trading the asian session can yield profits, just as some have been able to do today. But it is a practice not recommended,.....not recommended,.....not recommended! And I am not just parroting Sonicdeejay. I have lived the fallacy. It is just not worth it! Master Sonicdeejay is absolutely wise in his recommendation...
  • #30,633
  • Feb 13, 2012 4:07am Feb 13, 2012 4:07am
Quoting Konata
Yup.

Noted that Asian Session is not a recommended session to trade in.

However, what about the 1st London and NY session for the week?
Are these recommended days of trading?

Sorry for being so annoying, but I would like to join in the crowd and contribute later on as well. ^_^

Thanks again!
All I can say is that Sonicdeejay often does not trade on Mondays and Fridays. He does not say they are not recommended. He just focuses his trading on the best days of the week; Tuesday, Wednesday and Thursday. And by "days" of course we are referring to the London sessions only. Naturally, sometimes there will be an execellent setup on Monday or Friday. And when they occur Sonicdeejay will likely trade them. It is just that these days call for being extra picky and careful.
  • #30,634
  • Feb 13, 2012 4:11am Feb 13, 2012 4:11am
Thank you for the clarifications.

Quoting traderathome
All I can say is that Sonicdeejay often does not trade on Mondays and Fridays. He does not say they are not recommended. He just focuses his trading on the best days of the week; Tuesday, Wednesday and Thursday. And by "days" of course we are referring to the London sessions only.
  • #30,635
  • Feb 13, 2012 4:57am Feb 13, 2012 4:57am
Hi guys great system by the looks of it.

Are people going long EU and GU in this London session after it has retraced in to the dragon and then headed back up?
  • #30,636
  • Feb 13, 2012 5:08am Feb 13, 2012 5:08am
Quoting makybe05
Hi guys great system by the looks of it.

Are people going long EU and GU in this London session after it has retraced in to the dragon and then headed back up?
Hi,

I think we still do not have the setup.

You may see on the attached picture the indicators in yellow circles. They do not show that we should inter in trade.

IMHO, it is not the right time.

Regards,
ad4x.
Attached Image (click to enlarge)
Click to Enlarge Name: eu-001.gif Size: 31 KB
  • #30,637
  • Feb 13, 2012 7:46am Feb 13, 2012 7:46am
looking not so bearish if 1.324x hold..


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: place.gif Size: 75 KB
  • #30,638
  • Feb 13, 2012 8:20am Feb 13, 2012 8:20am
Quoting sonicdeejay
looking not so bearish if 1.324x hold..


Sonic
Is that a "M1" chart you are watching for Whale ??

You are giving me such surprise.
  • #30,639
  • Feb 13, 2012 8:49am Feb 13, 2012 8:49am
WENT SHORT 3248
Attached Image (click to enlarge)
Click to Enlarge Name: eu22.gif Size: 34 KB
  • #30,640
  • Feb 13, 2012 9:03am Feb 13, 2012 9:03am
Quoting foxybunny
Is that a "M1" chart you are watching for Whale ??

You are giving me such surprise.

Things contradict me.. No position..

Sonic
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