Disliked(Actually, the last I heard I think he was working for a bank. So maybe there is a conflict of interests. I don't know.)
-tahIgnored
I want to work for a bank too..
Sonic
The System Behind the System, by Merlin Jeffries 16 replies
Sonic R.evolution 93 replies
Old School Sonic System + Other Things 11 replies
Knife system, Vegas 4h system related questions. 4 replies
Would you trade this system? New system #2. 10 replies
Disliked(Actually, the last I heard I think he was working for a bank. So maybe there is a conflict of interests. I don't know.)
-tahIgnored
DislikedGM, ArtfulDodger.
They are bar candles of the Heiken-Ashi formula, but with a personal modification so that price gaps show up. No gaps revealed has always been a drawback to HA candles. Bar candles helps to accentuate the PA waves and PA tops and bottoms.
It is an experiment. But, yes. I thought the next release might be more on the lines of extreme simplicity and that accentuate PA waves, because they are at the foundation of the Sonic R. System, as well as of support and resistance. Any change that helps accentuate waves and S&R has got...Ignored
DislikedGood morning, Master!
Banks are evil money handlers. Let's keep our act clean and pure, and do our best to relieve them of their burden!Ignored
DislikedDarn.. I was awarded to lead the offshore constructions of not one, not two but 3 projects consecutively...It gonna be long and tiring year ahead..SonicIgnored
DislikedGU:
Price dropped sooner than I was expecting. Entered long as shown. It could still go lower if there is a strong liquidity creation drive at the end of this slide down. I think the SL is reasonably placed at the lower S&R area. Nevertheless, it will be mental until the whipsawing season blows thru. A second TP (not on chart yet) might be around 1.5654.Ignored
DislikedGU:
Manually closed trade at 1.5636 for 90 pips gain EP1 to close. For sure, now I am done for the week.
Eight trades. One lost, seven gained, for a total of 383 pips gained. Last week lost 20 pips. The week before lost 27 pips. So, this helps to even the score.Ignored
DislikedA SL is a big white sign with a big red bulls-eye and lettering that states, "Here I am! Come get me!" And the market moving Big Wigs will, they absolutely will, if your SL and a bunch of others is economically reached by them. The further out you make it, the less economical it is for them, and the less likely there will be others in the area to make the drive to it worth while for them. Of course, if your SL is mental, it won't even be included with others in the same area. It won't add incentive for the market moving Big Wigs to take a position...Ignored
TCR: What are trending movements?
GARRETT: Trending movements are when an HFT deliberately moves a stock price up or down for its own benefit. For example, a computer can submit an overwhelming number of sell orders, knock the price of a stock down a few percentage points, then buy the stock back cheaply.
TCR: That sounds like overt manipulation.
GARRETT: It is, which is why investors need to understand how to protect themselves. One of the most important tips I can give you is to never enter stop-losses into the market. There are algos designed to sniff out stop-losses and manipulate them against you.
DislikedHi TAH is there a possibility to export sonic template to NINJATRADER?
Ignored
DislikedTAH -
First off, I've been following this system/thread for a while now and just wanted to thank you for all your helpful posts regarding this system and general insights into the FX market. You've helped me quit a bit.
Secondly, I'm not trying to re-ignite a topic that's been a source of friction in this thread, but I came across an article on Zerohedge that you might find interesting (if you haven't already seen it), and I recommend it as a good read for all.
The article is regarding HFTs and the interviewee speaks directly to your point...Ignored
Dislikedemmanuel7788,
Think about how orders are executed. Let us say you think the price is going lower later, and so you'd like to build a short position so you can make profits if the price does go down later. Now, in order for you to have your short order executed, there has to be someone else willing to have a same sized long order executed. For every sell there has to be an equal buy. For every buy, there has to be an equal sell. There always has to be a balance.
Now let's say you are a large trading firm, and wish to build a very large short...Ignored
DislikedI took a class on the back end controls for the MT4 platform and it does have the capability to allow for the complete monitoring of traders and positions so the the brokers can identify and trade accordingly against each traders method of trading. Great take on the market.Ignored
DislikedTAH -First off, I've been following this system/thread for a while now and just wanted to thank you for all your helpful posts regarding this system and general insights into the FX market. Secondly, I came across an article on Zerohedge regarding HFTs/"Big Wigs" sniffing out SL's in markets and using them to their advantage,... that they are somewhat prevalent in FX: http://www.zerohedge.com/news/interv...equency-trader
With much gratitude,-DtownIgnored
DislikedInteresting, one thing I'm trying to understand is why is the second shitty EP Long bad? I thought it was suppose to breakout the previous high above the dragon.
In hindsight, sure it hit the SL, but why was it a shitty EP? Was it because it was too far from the dragon?Ignored