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Sonic R. System

  • #40,021
  • Oct 25, 2012 3:14am Oct 25, 2012 3:14am
Quoting Shooter150
Usd Cad I m short from 0,9931 .. Check it !!

SL 0,9951
TP 0,9905
Attachment
On the other hand, H1 trend is up. The last group of hour bars look like consolidation, maybe building long ahead of a move higher.
Attached Image (click to enlarge)
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  • #40,022
  • Oct 25, 2012 3:20am Oct 25, 2012 3:20am
Quoting traderathome
On the other hand, H1 trend is up. The last group of hour bars look like consolidation, maybe building long ahead of a move higher.
Thanks a lot for the point .. You are correct .. I m new on this system so i need practice and corrections from the old one ..
Thanks tradeathome !
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,023
  • Oct 25, 2012 3:46am Oct 25, 2012 3:46am
Quoting Shooter150
Thanks a lot for the point .. You are correct .. I m new on this system so i need practice and corrections from the old one ..
Thanks tradeathome !
I was not correct, just suggesting caution. And the price got spiked down to your TP area, no matter what the market is up to. Looking for good price to acquire longs? And your TP was reached in the process. Next time I'll just keep my mouth shut about someone else's trade. I apologize to you if my comments cost you to not stay in your trade.
  • #40,024
  • Oct 25, 2012 5:59am Oct 25, 2012 5:59am
Quoting traderathome
I was not correct, just suggesting caution. And the price got spiked down to your TP area, no matter what the market is up to. Looking for good price to acquire longs? And your TP was reached in the process. Next time I'll just keep my mouth shut about someone else's trade. I apologize to you if my comments cost you to not stay in your trade.
No worries traderathome ... I take so many things from you from this thread.. who cares for just one trade..! Thanks again for all .. I was wrong according the system no matter if the price get the price that i set my TP.. When you see somethin that is not correct i will apriciate to you if you notice this to me ..
Enjoy your day ..
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,025
  • Oct 25, 2012 6:27am Oct 25, 2012 6:27am
If the price pass dragon some pips possible reenter long
Also nice pic in hourly ..!
TP 1,3034
SL 1,2960
Attached Image (click to enlarge)
Click to Enlarge Name: 6.jpg Size: 154 KB
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,026
  • Oct 25, 2012 9:14am Oct 25, 2012 9:14am
UsdCad long
entered 0,9928
SL 0,9899
TP 0,9948

Brake trend line - green line

Attached Image (click to enlarge)
Click to Enlarge Name: 7.jpg Size: 150 KB


If i make mistakes i will appreciate if you correct me ..!
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,027
  • Oct 25, 2012 9:54am Oct 25, 2012 9:54am
usd cad hit TP +20 pips
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,028
  • Oct 25, 2012 9:55am Oct 25, 2012 9:55am
Quoting Shooter150
usd cad hit TP +20 pips
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Click to Enlarge Name: 8.jpg Size: 137 KB
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,029
  • Oct 25, 2012 9:58am Oct 25, 2012 9:58am
Finish for today
EurUsd +34 pips
EurJpy +61
EurAud -28
UsdCad +20

Done for today .. Time to look back to this thread to learn something new ..!
I m more than happy today. Hope to continue like this ..
Good trade to all guys !!
" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,030
  • Oct 25, 2012 10:37am Oct 25, 2012 10:37am
Also this was good trade EURJPY but i didn't take it because of the trend line-mae84.. According the rules when you enter short it's better if the price is down of the mae 84..
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" Support/Resistance is your friend .. and TREND your girlfriend .. "
  • #40,031
  • Oct 25, 2012 12:42pm Oct 25, 2012 12:42pm
Quoting traderathome
On the other hand, H1 trend is up. The last group of hour bars look like consolidation, maybe building long ahead of a move higher.

Hi TAH, can i have your template. I really like the color! the one i have downloaded from the first page doesn't shows swaps. Yours is clean and clear.
  • #40,032
  • Oct 25, 2012 12:55pm Oct 25, 2012 12:55pm
Quoting traderathome
EJ: Entered long. H1 shows a strong "breakout" candle up thru the Dragon. Since not into LS, and trading then might attempt spikedowns to grab more longs, keeping SL mental for now.
EJ: PA did not quite reach my TP1, but I left the trade running in hopes it would push back up to it. TP2 had been set as an alternative, which eventually was hit. Trade closed there with 33 pips gain, EP1 to TP2. This pic. was taken much later.
Attached Image (click to enlarge)
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  • #40,033
  • Oct 25, 2012 12:59pm Oct 25, 2012 12:59pm
Quoting romstreets
Hi TAH, can i have your template. I really like the color! the one i have downloaded from the first page doesn't shows swaps. Yours is clean and clear.
Things I'm working on for the next release....
  • #40,034
  • Oct 25, 2012 1:09pm Oct 25, 2012 1:09pm
Letīs see how far it goes on a pullback :nerd:

Regards,

H.
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"The future is already written in the past"
  • #40,035
  • Oct 25, 2012 1:39pm Oct 25, 2012 1:39pm
EJ: Entered short. TP1 is tentative since it might be too far for this "after hours" trade.
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  • #40,036
  • Oct 25, 2012 1:52pm Oct 25, 2012 1:52pm
Quoting hansma
Letīs see how far it goes on a pullback. Regards, H.
Still betting it reaches RWL, or close to it. Entered a Scout short with mental SL early yesterday, figuring the start of a drop to RWL. Market pumped it 100 pips, getting it back up high before all those USD high impact releases hit! Pump 'n Dump! Now waiting for price to drop below half number for addition of second short. A valid Sonic R. short this time.

DS2 today aligns with RWL. That will change tomorrow, but RWL is reachable if Friday becomes a range breaking day. But just a downside move of the average range will be good. I will have to add a TP2 at higher level though.
Attached Image(s) (click to enlarge)
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  • #40,037
  • Oct 25, 2012 2:03pm Oct 25, 2012 2:03pm
Quoting traderathome
Things I'm working on for the next release....
Thanks alot!
  • #40,038
  • Edited 2:28pm Oct 25, 2012 2:12pm | Edited 2:28pm
Quoting traderathome
AU: Entered short. This is not an M15 Sonic R. entry. It is based on a larger TF PA wave and due to the price having just been quickly maneuvered back up to a local S&R, the upper whole number area. This is higher risk because no doubt FO, LO or the US market can ram price up further. But, the market has already demonstrated a growing "pro-USD" bias, and therefore the likelyhood is that no matter how high the market rams the price, it will just be in order to hit stops to acquire shorts. The SL is wide, and is mental. The TP is tentative because...
AU: Added trade#2 short. SL remains mental. Still think this could make RWL by end of week. If not, but does it's range down, still comes out ok. Added TP2 and TP3 selections, but all TPs are tentative at this point.
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  • #40,039
  • Oct 25, 2012 7:31pm Oct 25, 2012 7:31pm
UCad Commentary:

Sonicers, this one is on the move again, poised at the half number for a breakout to the upside (see M15). The attached Daily chart shows that several days ago the price went up to the TL and quickly withdrew. Since then the price has struck low during what appears to be consolidation (= load up longs). Often PA will hit a resistance, withdraw while the market loads up in preparation for a return run to the resistance with the intent of breaking it out. This might be what has been going on.

Note that the RWH mark is now within the daily average range!
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  • #40,040
  • Edited 8:55pm Oct 25, 2012 8:41pm | Edited 8:55pm
EU Commentary:

Yesterday brought several USD high impact releases. Before they came, the market went all out to drive the price up. Then, when the releases hit, the market pulled the rug. This was extremely bearish and opportunistic considering the overall H1 trend is now down. In the same manner, don't be surprised if the market tries another drive up before heading back down more. But I'm thinking any such drive up will not be big, like that one yesterday. So, just waiting for a short setup might be best.
Attached Image(s) (click to enlarge)
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