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Sonic R. System

  • #32,961
  • Apr 3, 2012 12:12am Apr 3, 2012 12:12am
EU:

Entered short (EP=1.3332). This is just a bit higher entry than would be prescribed, and the entry is before LO. But this entry is made here and now because of what just transpired with AU. The market is being more "honest" about relative values the way AU is being traded, than the way they are with trading EU. But, at any time, a drop could follow for EU. Of course, it could get traded up.....again.
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  • #32,962
  • Apr 3, 2012 12:25am Apr 3, 2012 12:25am
Quote
This is interesting. And it is the kind of situation the big players in the market just love, I imagine. Now, they can press the USD even harder to encourage a whole lot of folks to trade against it (seeing as how it is at the precipice) while they take the USD bull side of everything they can get their hands on before they make the dollar fly!
Image how many traders are "ready" for short the breakdown !
But who is the other side of the traders ?
Yes, the BB !
Then I wait for fade the break and go long.
  • #32,963
  • Apr 3, 2012 12:32am Apr 3, 2012 12:32am
Can you help me with that ?
Please see this 2 chart- The same pair
One you post - the another I was saw.
What is wrong ?
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  • #32,964
  • Edited 12:58am Apr 3, 2012 12:45am | Edited 12:58am
Quoting traderathome
This is interesting. And it is the kind of situation the big players in the market just love, I imagine. Now, they can press the USD even harder to encourage a whole lot of folks to trade against it (seeing as how it is at the precipice) while they take the USD bull side of everything they can get their hands on before they make the dollar fly!
Hehe. Yeah that is exactly how they think and operate alright.

What is interesting here too that I didn't mention is the timing. The S&P 500 didn't just go up today as expected but it went and made a new high after climbing 10 and half points. It's now only 19 points away from 1440 with nothing in its way, and that is a major resistance level back from 2008, the one it tested (and failed) right before crashing and burning down to 666 (after making a 2nd beautiful H&S pattern).

So what does this mean? Well nothing of course. We have to let the market tell us what it really has in mind, as TAH and Sonic wisely remind everyone frequently. I do find it interesting how well it lines up; the 1440 test would coincide with the test of 78 on the USD timing-wise, which would be a pretty big crossroads. The other obvious way (to me anyway, many things can happen of course) it can play out is we ramp up to 1440 Tues and/or Wed while the USD manages to hold the line or close to it, and then this again leaves us in the same potential important position.

So not predicting anything here just thought some might find this all curious.
  • #32,965
  • Apr 3, 2012 12:45am Apr 3, 2012 12:45am
Quoting successlife
Can you help me with that ?
Please see this 2 chart- The same pair
One you post - the another I was saw.
What is wrong ?
Nothing is wrong. Everything is right because you are smart enough to look at both ways as possibilities!

Nobody knows which way it is going, except those that are going to do the directing. We have to wait and see. My entry was early, as I explained. My direction assumption might be incorrect. I did not wait for direction and momentum. And I might lose because of that. The proper thing for me to have done would be to wait longer, until the LO at least. The Dragon was flat, and still is flat,....no angle like it should have. It could go either way.
Attached Image
  • #32,966
  • Apr 3, 2012 12:56am Apr 3, 2012 12:56am
Quoting traderathome
Nothing is wrong. Everything is right because you are smart enough to look at both ways as possibilities!

Nobody knows which way it is going, except those that are going to do the directing. We have to wait and see. My entry was early, as I explained. My direction assumption might be incorrect. I did not wait for direction and momentum. And I might lose because of that. The proper thing for me to have done would be to wait longer, until the LO at least. The Dragon was flat, and still is flat,....no angle like it should have. It could...
Thanks !
  • #32,967
  • Apr 3, 2012 1:01am Apr 3, 2012 1:01am
so bassically TAH. the way you trade more often use the SR if i am not mistaken. is that rite? well i am too short that EU but I short it in the asian sessions. coz i think that not sonic so i dun post it.
Money Management and Patience is the Key
  • #32,968
  • Apr 3, 2012 1:12am Apr 3, 2012 1:12am
Quoting scuderia
so bassically TAH. the way you trade more often use the SR if i am not mistaken. is that rite? well i am too short that EU but I short it in the asian sessions. coz i think that not sonic so i dun post it.
I don't understand what you are saying. I will say this. There are times I "trade what I see", a Scout trade, or what looks like a SonicR setup but it is not LO yet and I make an early entry. I will also say that classic SoncR works best. So, why do I not just stick to classic SonicR? Good question. That is my goal, though. Bear with me.
  • #32,969
  • Apr 3, 2012 1:20am Apr 3, 2012 1:20am
Quoting traderathome
I don't understand what you are saying. I will say this. There are times I "trade what I see", a Scout trade, or what looks like a SonicR setup but it is not LO yet and I make an early entry. I will also say that classic SoncR works best. So, why do I not just stick to classic SonicR? Good question. That is my goal, though. Bear with me.
I am sorry TAH. no offense here i just wanna understand the way you make that decision. i know you making profit and i like that too. it is also good if i can pick some top or bottom too. therefore, i just wanna know what is your reasons taking short on that EU on that particular positions.
Money Management and Patience is the Key
  • #32,970
  • Apr 3, 2012 1:30am Apr 3, 2012 1:30am
Quoting scuderia
I am sorry TAH. no offense here i just wanna understand the way you make that decision. i know you making profit and i like that too. it is also good if i can pick some top or bottom too. therefore, i just wanna know what is your reasons taking short on that EU on that particular positions.
I mentioned AU. My thinking was the drop on AU might have a ripple effect and cause undermining of EU. But no. The BBs are currently pushing up EU. Though I bet it is to create liquidity for getting their short orders filled. We'll see.
  • #32,971
  • Apr 3, 2012 1:38am Apr 3, 2012 1:38am
Quoting traderathome
I mentioned AU. My thinking was the drop on AU might have a ripple effect and cause undermining of EU. But no. The BBs are currently pumping EU. Though I bet it is to create liquidity for getting their short orders filled. We'll see.
Rule " do not add the loser"...

No new position shall will added in the direction of the prev position that of in the red region...

let t mkt decide..
Sonic
  • #32,972
  • Apr 3, 2012 1:41am Apr 3, 2012 1:41am
Quoting traderathome
I mentioned AU. My thinking was the drop on AU might have a ripple effect and cause undermining of EU. But no. The BBs are currently pushing up EU. Though I bet it is to create liquidity for getting their short orders filled. We'll see.
ic. but i did close and get +18 pips on shorting EU today. soon will be the London session. let's see the market directions.
Money Management and Patience is the Key
  • #32,973
  • Apr 3, 2012 2:10am Apr 3, 2012 2:10am
EJ BUY @ 109.6
TP = 111
SL = 108.95
Everything is possible!!! Step by Step...
  • #32,974
  • Apr 3, 2012 2:22am Apr 3, 2012 2:22am
Hey Folks,

thank u very much for ya high interests.

Offcause that is an absolutly non-commercial project after the testphase too. U know Iīm a trader - donīt need hidden chambers.

Beta-Tester:

jdtrader - Check 1/20 - recieve PM
Pipsninja - Check 2/20 - recieve PM
bhkkrishna - Check 3/20 - recieve PM
futurespeter - Check 4/20 - recieve PM
yachli - Check 5/20 - recieve PM
successlife - Check 6/20 - recieve PM
carlos.x - Check 7/20 - recieve PM
actGsm - Check 8/20 - recieve PM
nando_rich - Check 9/20 - recieve PM
jayjonbeach - Check 10/20 - recieve PM
ashkan_no9 - Check 11/20 - recieve PM
maatini - Check 12/20 - recieve PM
DmitryFX - Check 13/20 - recieve PM
ForexTeam - Check 14/20 - recieve PM
actGsm - Check 15/20 - recieve PM
vincent82 - Check 16/20 - recieve PM
expresid - Check 17/20 - recieve PM
Hova - Check 18/20 - recieve PM
migmac - Check 19/20 - recieve PM

Bonus: SonicDeejay - - Check 20/20 - donīt ask
-> he is the frontman of the sonic r tribe - he should know what happens - but only if he is interested - not important for my development

Bonus: pipphunter - - Check 21/20 - donīt ask

I know exactly the next steps.

That is not my first EA project ...

May u will learn something in a way of professinal trading too.

I will send you a PM for the next steps until end of week.

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #32,975
  • Apr 3, 2012 2:32am Apr 3, 2012 2:32am
Quoting enigma4x
Hey Folks,

thank u very much for ya high interests.

Offcause that is an absolutly non-commercial project after the testphase too. U know Iīm a trader - donīt need hidden chambers.

Beta-Tester:

jdtrader - Check 1/20 - recieve PM
Pipsninja - Check 2/20 - recieve PM
bhkkrishna - Check 3/20 - recieve PM
futurespeter - Check 4/20 - recieve PM
yachli - Check 5/20 - recieve PM
successlife - Check 6/20 - recieve PM
carlos.x - Check 7/20 - recieve PM
actGsm - Check 8/20 - recieve PM
nando_rich - Check 9/20 - recieve PM
jayjonbeach - Check 10/20...
Hello Enigma, can i get that EA too? thx.
Money Management and Patience is the Key
  • #32,976
  • Apr 3, 2012 2:37am Apr 3, 2012 2:37am
Quoting sonicdeejay
Rule " do not add the loser"...No new position shall will added in the direction of the prev position that of in the red region...let t mkt decide..
Sonic
Happy you said that, Master. That created big headaches for me last year. Not quite in full control of that bad habit yet, but getting there. You cannot repeat good advice too often. Repetition in speaking and hearing, is a key to learning and mastering. Thanks, my friend.

-tah
  • #32,977
  • Apr 3, 2012 3:02am Apr 3, 2012 3:02am
GU:

Setting up as a short. I am already in this short from yesterday's Scout entry. This looks like a very good SonicR short setup.
Attached Image (click to enlarge)
Click to Enlarge Name: apr 2012 - 014.gif Size: 28 KB
  • #32,978
  • Apr 3, 2012 4:09am Apr 3, 2012 4:09am
Quoting sonicdeejay
Very good S/R play...

EU doesn;t seem ready to break up yet again..

Sonic
23hrs And a roller coaster later..

EU is in another attempt to break up again..
Love it..

Sonic
  • #32,979
  • Apr 3, 2012 4:37am Apr 3, 2012 4:37am
Quoting traderathome
GU:

Setting up as a short. I am already in this short from yesterday's Scout entry. This looks like a very good SonicR short setup.

Where is your Stopp Loss TAH ???

enigma4x
enjoy my life ... and ride the waves - all what I do
  • #32,980
  • Apr 3, 2012 4:55am Apr 3, 2012 4:55am
Quoting traderathome
GU:

Setting up as a short. I am already in this short from yesterday's Scout entry. This looks like a very good SonicR short setup.
whats your target?
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