I didnt enter either cause I didn't see a clear sonic setup.
Tho I was tempted to enter at the exit of the dragon and london's open high..
Tho I was tempted to enter at the exit of the dragon and london's open high..
- #30,822
- Feb 16, 2012 10:04am Feb 16, 2012 10:04am
I am also long from 1.3038 , hope it goes well until 1.31What is your SL arasheed ?
when pips move in my favour about 40 pips I activate Trailing Stop with 25 pips and remove or change TP to 150 Pips.
arasheed
- #30,827
- Feb 16, 2012 11:03am Feb 16, 2012 11:03am
Through the whole day I had feeling that big player was waiting for something important. I had a doubts that it was US impact and even news about Greece... But what it is? This question still remains.
- #30,828
- Feb 16, 2012 11:05am Feb 16, 2012 11:05am
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
"Being picky only cost your time - not MONEY"...Hans
- #30,829
- Feb 16, 2012 11:17am Feb 16, 2012 11:17am
So it seems the BBs did allow the price fall down to the significant support at 1.2974x area. The release came out and they were in a good position to buy and drive prices up with enough people shorting after the release.
What a great system this is! Keeping S&R levels in mind with even slight understanding of the BB's psychology allows us to stay one step ahead and the dragon and waves give us our entry...
Kept me out of trading during the range in the morning and had me in with the long after US news for a small but sweet +32pips.
Sonic, in his first few posts was right, you could avoid getting your ass whooped by not chasing the trades. I think i'm just having a eureka moment!
I donīt - I just wait for the trades to come to me.
Funny place it should reverse today
Regards,
H.
"The future is already written in the past"
- #30,830
- Feb 16, 2012 11:24am Feb 16, 2012 11:24am
Some pips here too...
Fast scalp for 60pips.
Regards,
Nando.
Good system you have there - Plan your trade and trade it accordingly.
Congrats.
Regards,
H.
"The future is already written in the past"
- #30,831
- Feb 16, 2012 11:25am Feb 16, 2012 11:25am
Hi,
I didnt take the long at all
But I am curious to know if this setup is correct and is a SonicR Setup?
http://img210.imageshack.us/img210/2319/17212eu15m.gif
It made a HH, HL, and the EP point is above the HH.
SL is set below the HL.
TP is set at DPV or RgH.
TP2 may be set at DR1, but personally i think its a little too high.
Feedback and comments please.
Thanks
I didnt take the long at all
But I am curious to know if this setup is correct and is a SonicR Setup?
http://img210.imageshack.us/img210/2319/17212eu15m.gif
It made a HH, HL, and the EP point is above the HH.
SL is set below the HL.
TP is set at DPV or RgH.
TP2 may be set at DR1, but personally i think its a little too high.
Feedback and comments please.
Thanks
- #30,834
- Edited 2:52pm Feb 16, 2012 1:18pm | Edited 2:52pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Market Comment:
Aside from some remaining old trades, I closed all new ones at profit; 14 this week, and all profitable for a net gain of 527 pips. I closed all well before the USD releases today because I saw things as possibly becoming too volatile to have any open trades. So what now?
Attached is how I see the market right now, using EU as the example. I see the market as remaining bullish on USD. Even though the moves today were contrary to that hypothesis, I rack that up to the market's greed and deception at play, full bore (USD releases continue to be positive!).
WARNING: Speculative.
-tah
Aside from some remaining old trades, I closed all new ones at profit; 14 this week, and all profitable for a net gain of 527 pips. I closed all well before the USD releases today because I saw things as possibly becoming too volatile to have any open trades. So what now?
Attached is how I see the market right now, using EU as the example. I see the market as remaining bullish on USD. Even though the moves today were contrary to that hypothesis, I rack that up to the market's greed and deception at play, full bore (USD releases continue to be positive!).
WARNING: Speculative.
-tah
Market Comment:
Aside from some remaining old trades, I closed all new ones at profit; 14 this week, and all profitable for a net gain of 527 pips. I closed all well before the USD releases today because I saw things as possibly becoming too volatile to have any open trades. So what now?
Attached is how I see the market right now, using EU as the example. I see the market as remaining bullish on USD. Even though the moves today were contrary to that hypothesis, I rack that up to the market's greed and deception at play, full bore!
Just incredible
Regards,
ad4x.
- #30,836
- Feb 16, 2012 2:00pm Feb 16, 2012 2:00pm
- | Joined Jan 2010 | Status: Trader | 1,354 Posts
Well done Mate.
Good system you have there - Plan your trade and trade it accordingly.
Congrats.
Regards,
H.
"Being picky only cost your time - not MONEY"...Hans
- #30,837
- Edited 2:36pm Feb 16, 2012 2:22pm | Edited 2:36pm
Any suggestion for trading OUTSIDE the tunnel dragon indicator?
I understood the basic rules of sonic, but I don't have clear is this system consider to trade outside this area.
I appreciate your comments.
Yup, learn price action - I donīt use the dragon - and yet somehow I manage to surwive in this enviroment
But for starters use it as a visual aid and read post 1 again
Regards,
H.
"The future is already written in the past"
- #30,839
- Edited 2:52pm Feb 16, 2012 2:30pm | Edited 2:52pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Any suggestion for trading OUTSIDE the tunnel dragon indicator?
I understood the basic rules of sonic, but I don't have clear is this system consider to trade outside this area.
I appreciate your comments.
Also, some here do not use the Dragon. That is not the Sonic R. System! There are as many other ways to trade as there are people, but the Sonic R. System uses the Dragon as a component of making entry for an important reason. We are not picking highs, or lows, or trying to second guess the market and "get in early"! Do that if you want to. Nobody here tells another how to trade. But this is the Sonic R. System thread. Hopefully all will understand what that means, the importance of it to Master Sonicdeejay, and be respectful enough to post only Sonic R. System trades and not post trades that are not per the Sonic R. System!
Whether or not another "survives" trading in a manner that is not the Sonic R. System is not the point. The point is this is the Sonic R. System thread, a manual that others now, and in the future, should be able to look to in order to better learn the method. Why would anyone post trades that do not follow the Sonic R. System? Are they intentionally trying to make learning the Sonic R. System more difficult for others? If they have another excellent method, they should start their own thread on it. I can say this because I have been more at fault in the past than anyone else. I've learned respect.
tah
- #30,840
- Edited 3:08pm Feb 16, 2012 2:49pm | Edited 3:08pm
- Joined Mar 2008 | Status: PVSRA with Traderathome | 23,552 Posts
Hi, please I want to know what is the last version of the system? and where can I download? Thank you.
tah