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Sonic R. System

  • #31,101
  • Feb 22, 2012 2:46am Feb 22, 2012 2:46am
Is it ok to use a "mental" TP if you are going to be physically
there watching the trade, and can close the trade out? I
understand the necessity for putting a hard stop if away
from the chart for any length of time.
  • #31,102
  • Feb 22, 2012 2:52am Feb 22, 2012 2:52am
Just a quick question.
Why is my sonic chart panel so far away from my PA.
When i zoom in i cant see the chart panel at all
I have to zoom out to keep viewing it.
I did have it over my PA before but only today when i opened it its showing me like that

Could someone help me with this.

Thanks in advance
Attached Image (click to enlarge)
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  • #31,103
  • Feb 22, 2012 2:55am Feb 22, 2012 2:55am
Quoting ArtfulDodger
Is it ok to use a "mental" TP if you are going to be physically
there watching the trade, and can close the trade out? I
understand the necessity for putting a hard stop if away
from the chart for any length of time.
You should not make entry into a trade unless you have a reasonable TP already selected. If you do, then why would you not make that a hard TP? Seeing as how many times prices will spike to "TPs" and quickly withdraw, it seems best to make the TP a hard TP.

If you are thinking maybe price might go further, so what? Price always "might" do anything. It might even pull back where you can re-enter for any run further.
  • #31,104
  • Feb 22, 2012 3:00am Feb 22, 2012 3:00am
Quoting traderathome
GU;

Entered short (EP= 1.5766).
I see a strong support ... will see.
Attached Image (click to enlarge)
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  • #31,105
  • Feb 22, 2012 3:05am Feb 22, 2012 3:05am
SHORT Position on M5

Attached Image (click to enlarge)
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Trade with discipline and respect the market...
  • #31,106
  • Feb 22, 2012 3:07am Feb 22, 2012 3:07am
Quoting ArtfulDodger
I have been making adjustments to the Chart Panel settings, partly to just see what the changes do, and partly to make some of the most important items
stand out more clearly on my chart.

Is there any way to automatically place a light background between the vertical lines designating the London Open and the London Close? If not, would this be a feature that might help in emphasizing trading only that time period, as per the Sonic R rules?

I am sure it could be done. I won't though. I believe charts should be as clean and as clear as possible for the least interrupted focus on all the key elements of the Sonic R. System: LO, Waves, Dragon, Trend, S&R, and a bit of volume. The vLines are more than adequate. Making them more pronounced, or coloring between them, is not going to stop an undisciplined trader from wandering.

Hell, why not make the LO and LC lines much wider, make 'em red! Let's add flashing lights when a trade is entered outside them! Hey, some bells and whistles going off marking the beginnings and end of trading might be keen, too! (Geez!)
  • #31,107
  • Feb 22, 2012 3:15am Feb 22, 2012 3:15am
Quoting traderathome
You should not make entry into a trade unless you have a reasonable TP already selected. If you do, then why would you not make that a hard TP? Seeing as how many times prices will spike to "TPs" and quickly withdraw, it seems best to make the TP a hard TP.

If you are thinking maybe price might go further, so what? Price always "might" do anything. It might even pull back where you can re-enter for any run further.
Good point, and point taken!
  • #31,108
  • Feb 22, 2012 3:15am Feb 22, 2012 3:15am
Quoting Shah101
Just a quick question.
Why is my sonic chart panel so far away from my PA.
When i zoom in i cant see the chart panel at all
I have to zoom out to keep viewing it.
I did have it over my PA before but only today when i opened it its showing me like that

Could someone help me with this.

Thanks in advance
The SonicR Chart Panel resides in the upper left corner of the chart window. For attached pics, I zoomed all the way out and all the way in. The panel remains in the upper left corner. You need to show a pic yourself that it is placed differently! In fact, anytime you have a problem with charting, you need to post the pic showing the problem. Ok?
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: feb 2012 - 217.gif Size: 17 KB
  • #31,109
  • Feb 22, 2012 3:20am Feb 22, 2012 3:20am
Quoting traderathome
I am sure it could be done. I won't though. I believe charts should be as clean and as clear as possible for the least interrupted focus on all the key elements of the Sonic R. System: LO, Waves, Dragon, Trend, S&R, and a bit of volume. The vLines are more than adequate. Making them more pronounced, or coloring between them, is not going to stop an undisciplined trader from wandering.

Hell, why not make the LO and LC lines much wider, make 'em red! Let's add flashing lights when a trade is entered outside them! Hey, some bells and whistles...
Actually, I DID do the last part of your statement (except for the bells and whistles part)!!!!! I just prefer a strong visual of the proper trading time.

  • #31,110
  • Feb 22, 2012 3:21am Feb 22, 2012 3:21am
Quoting traderathome
The SonicR Chart Panel resides in the upper left corner of the chart window.
If you look at the chart i posted im talking about those daily pivots.

How can i place it over my PA because right now its so far away from PA that i have to zoom out to view it

Regards
Shah
  • #31,111
  • Feb 22, 2012 3:22am Feb 22, 2012 3:22am
Quoting ArtfulDodger
Actually, I DID do the last part of your statement (except for the bells and whistles part)!!!!! I just prefer a strong visual of the proper trading time.

Great. Oh, send me the code for the flashing lights!
  • #31,112
  • Feb 22, 2012 3:26am Feb 22, 2012 3:26am
Quoting Shah101
If you look at the chart i posted im talking about those daily pivots.

How can i place it over my PA because right now its so far away from PA that i have to zoom out to view it

Regards
Shah
My bet is that you have not taken the time to read the indicator's User Notes. There you will find the answer.
  • #31,113
  • Feb 22, 2012 3:28am Feb 22, 2012 3:28am
Quoting traderathome
Great. Oh, send me the code for the flashing lights!
I skipped the "flashing lights" part also. I'm not totally insane (but close)

That's why you are such a good teacher. You don't miss a thing!
  • #31,114
  • Feb 22, 2012 3:40am Feb 22, 2012 3:40am
GU went mental but not EU. WHY I'M ALWAYS UNLUCKY. FML
  • #31,115
  • Feb 22, 2012 3:41am Feb 22, 2012 3:41am
Quoting duyk20
GU went mental but not EU. WHY I'M ALWAYS UNLUCKY. FML
Try to leave LUCK out of the equation. PA, PA, PA (and Sonic
R Method)

  • #31,116
  • Feb 22, 2012 3:43am Feb 22, 2012 3:43am
Quoting ArtfulDodger
Try to leave LUCK out of the equation. PA, PA, PA (and Sonic
R Method)

Man,

You need a certain degree of luck in life, mate. Successful ones can't be successful without a certain degree of luck.
  • #31,117
  • Feb 22, 2012 3:46am Feb 22, 2012 3:46am
Quoting duyk20
Man,

You need a certain degree of luck in life, mate. Successful ones can't be successful without a certain degree of luck.
True to a certain extent, maybe. But I've always heard a person makes their own luck!

  • #31,118
  • Feb 22, 2012 3:47am Feb 22, 2012 3:47am
please direct me to the instructions.
Ive been looking for this before i could post.

There is no diamond on my chart for my to click on for all the instructions.
How do i find that?
  • #31,119
  • Feb 22, 2012 3:53am Feb 22, 2012 3:53am
Quoting ArtfulDodger
True to a certain extent, maybe. But I've always heard a person makes their own luck!

Damn those silly quotes, I hate such quotes. I've seen real-life example when someone from nothing and then make a fortune. Someone is way lucky than others.

Damn.
  • #31,120
  • Feb 22, 2012 3:57am Feb 22, 2012 3:57am
Quoting Shah101
please direct me to the instructions.
Ive been looking for this before i could post.

There is no diamond on my chart for my to click on for all the instructions.
How do i find that?

Change these settings.

Regards,
H.
Attached Image (click to enlarge)
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"The future is already written in the past"
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