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Sonic R. System

  • #37,781
  • Jul 23, 2012 10:08pm Jul 23, 2012 10:08pm
Quoting ArtfulDodger
My choice would be "B" because I don't really see the uptick as a LH on "A".

That can be relative to the person viewing the chart.

(I use zig-zag to draw my waves)
Thanks for everyone for sharing their view.

Yes most of us choose correct one B. You said B is better than A. For me the dragon angle in B is much better than A. I can take risk using B.

I am having some doubt using zig zag finding wave. Check the chart do you find any setup? Do you trade this or leave this one. I think dragon angle is OK.

PA with high movement which psychologically affect one to take a trade. In this chart ZigZag drawn using default value. If you cange its param ExtDepth to 15 it will mark differently. I feel it is not much useful to accurately find the wave.

Plz everyone share what you see.

Regards,
GK.
Attached Image
  • #37,782
  • Jul 23, 2012 10:33pm Jul 23, 2012 10:33pm
oh my gosh... you guys make all being so complicated..
  • #37,783
  • Jul 23, 2012 10:35pm Jul 23, 2012 10:35pm
Today's trade gonna be FUN. while LO being follow with bunch of news. trade well fellas.
Money Management and Patience is the Key
  • #37,784
  • Jul 23, 2012 10:37pm Jul 23, 2012 10:37pm
Quoting GuruKrish
Thanks for everyone for sharing their view.

Yes most of us choose correct one B. You said B is better than A. For me the dragon angle in B is much better than A. I can take risk using B.

I am having some doubt using zig zag finding wave. Check the chart do you find any setup? Do you trade this or leave this one. I think dragon angle is OK.

PA with high movement which psychologically affect one to take a trade. In this chart ZigZag drawn using default value. If you cange its param ExtDepth to 15 it will mark differently. I feel it is...
U can use Heiken Ashi to finding wave, it's work nice for me ^^ and it's look cool to have same colour for a while.. here chart for explanation..

What do u think ??
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 26 KB
  • #37,785
  • Jul 23, 2012 10:41pm Jul 23, 2012 10:41pm
Quoting jasakreatif
oh my gosh... you guys make all being so complicated..
the system is perfect and simple...

the hardest part is to choose the right PA.. there will be a tons way to look at PA..and yes it's complicated
  • #37,786
  • Edited 11:16pm Jul 23, 2012 10:59pm | Edited 11:16pm
Here some of my though for yesterday EJ and EU, i didn't take that trade..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 33 KB
Click to Enlarge Name: eu2.gif Size: 35 KB
  • #37,787
  • Jul 23, 2012 11:24pm Jul 23, 2012 11:24pm
Quoting alexbs
Here some of my though for yesterday EJ and EU, i didn't take that trade..
Plz check your PM.
  • #37,788
  • Jul 24, 2012 12:01am Jul 24, 2012 12:01am
Hi 2 all!
Does anyone wait for reversal on GU for enter long?
  • #37,789
  • Edited 12:34am Jul 24, 2012 12:08am | Edited 12:34am
Quoting Noisee
Hi 2 all!
Does anyone wait for reversal on GU for enter long?
Wave is small and dragon is flat. PA moving sideways.

GBPCHF, AUDUSD, EURAUD, GBPNZD seems to ready for LO.
  • #37,790
  • Jul 24, 2012 12:39am Jul 24, 2012 12:39am
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.jpg Size: 152 KB


Place long for this, and still not sure about TP and SL
  • #37,791
  • Jul 24, 2012 12:43am Jul 24, 2012 12:43am
Quoting traderathome
Heiken-Ashi candles do accentuate the PA waves, but why not use them with the Dragon?
yellow line is the dragon, 34 ema closed, i didn't use high and low 34 ema ^^

dragon is 34ema right? CMIIW..
  • #37,792
  • Jul 24, 2012 12:43am Jul 24, 2012 12:43am
Quoting marcianokent
Attachment

Place long for this, and still not sure about TP and SL
Where is your exact entry man. Why so many buys. Demo or Live?
  • #37,793
  • Jul 24, 2012 12:46am Jul 24, 2012 12:46am
Quoting marcianokent
Attachment

Place long for this, and still not sure about TP and SL
I have entered LONG @1.30004 SL 30 Pips TP 50 Pips.

rasheed
  • #37,794
  • Jul 24, 2012 12:47am Jul 24, 2012 12:47am
Quoting GuruKrish
Why so many buys. Demo or Live?
Thats Live GK, just try combine with others strategy and open with small size
  • #37,795
  • Jul 24, 2012 1:03am Jul 24, 2012 1:03am
Quoting marcianokent
Thats Live GK, just try combine with others strategy and open with small size
Careful with Live.
My Pending order GN (Short) = 1.96000 (Late entry), AU (Long) = 1.03095.
  • #37,796
  • Edited 1:27am Jul 24, 2012 1:04am | Edited 1:27am
Quoting marcianokent
Attachment

Place long for this, and still not sure about TP and SL
that's a good trade. you just need to manage well.
watch 1.033 if PA get pass and above this level, it will be a good run up.
also watch kiwi dollar.

Edit: If you are not sure of where to plcae your TP, I would put my TP at 5 times my initial R and manage my downside. Let the market decide my final exit(s).
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,797
  • Jul 24, 2012 1:05am Jul 24, 2012 1:05am
Quoting marcianokent
Thats Live GK, just try combine with others strategy and open with small size
agree with you.

trade the bulletproof way. small and slow and steady.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,798
  • Edited 1:42am Jul 24, 2012 1:07am | Edited 1:42am
GU:

Might be developing into one of these bias changing situations. It needs a pullback and then a rise past the 2nd high. This is the common factor in both situations,....you need two highs (high and higher high) and two lows (low and higher low), and then enter as PA moves up a third time. And the Sonic R. System EP might, or might not be, at the second high, because we enter at least several pips beyond the end of the first candle that exits the Dragon on that leg of the PA wave.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: july 2012 - 108.gif Size: 35 KB
Click to Enlarge Name: sonic r system pa waves.gif Size: 14 KB
Attached Image
  • #37,799
  • Jul 24, 2012 1:09am Jul 24, 2012 1:09am
Quoting GuruKrish
Careful with Live.
My Pending order GN (Short) = 1.96000 (Late entry), AU (Long) = 1.03095.

every trade is safe so long you have your SL worked out and done your position sizing.

Too early to short the short swing way. ...unless of course you are scalping on low TF...you can do anything long or short.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #37,800
  • Edited 2:20am Jul 24, 2012 1:16am | Edited 2:20am
Quoting traderathome
GU:

Might be developing into one of these bias changing situations. It needs a pullback and then a rise past the 2nd high. This is the common factor in both situations,....you need two highs (high and higher high) and two lows (low and higher low), and then enter as PA moves up a third time.
..very nicely pointed out by traderathome.
waves are important, small waves, big waves, volatility seen in the waves, you need to put some weight on the type of waves you see, ...it is dicretionary and depends a lot on your exeprience in reading the market.
all these tell a story behind the buyers and sellers in the market.
you must either be pro-USD or you are anti-USD.
pick your side.

Always have your SL worked out and put in place.
Trade management and managing your exits will determine how much profit you take out of the market.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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