Sonic R. System

Quoting Islander

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GM - thank you Zohaid, JRissa, DimitryFX and Catcher777 for your input on the Three Dragons, which remains work in progress for the Experienced Trader. Yes, on my 1 min charts I use the 120EMA as a proxy for the 5m Dragon because its faster and gives me better entries for my objective trades, when used in conjunction with SonicR PVA tick volume around "a level" Before FO I bought 1 unit in UJ after tdays S1 at 99.69 held yet again.... Edit: closed for a wash after I reviewed the PA - 76 minutes of sidways action FAILING to move up - get out!

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Quoting DmitryFX

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AU time to reversal? As I posted many times before I am working about system of pending order. Now I want to share one part of my idea. I think more reasonable to place Pending orders below/above of 89ema @30m chart. It's should to prevent us from too early entries while market has strong opposite trend movement. {image}

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Quoting traderathome

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Told cha!...... The biggest volume in almost two weeks is for that sell off bar! The MMs are bears, and have been bears for quite some time, building their short positions. Maybe now they are getting ready for a nice bear run for profits. {image}

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Quoting Redddz

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{quote} Prof tah, your attendance to this class has been very short lately. we haven't received any application for your leave. Are you Okay? Rd

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Quoting traderathome

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{quote} Redddz, Thank you for asking. That is a very thoughtful and kind sentiment. Yes, I am ok. Just dealing with some other important matters right now apart from trading. Last Friday I anticipated this week the MMs would devote to serious, maybe final, position building. So, I expected nothing different than the fare the MMs have been serving right along for some weeks now. I have been adding to trades as the MMs provided the opportunities. I doubt anything will change until next week. Although later today there might be some starts. -tah

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Quoting revoli

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{quote} Interesting your take on UJ. Looking at PVSRA and good old volume analysis on higher timeframe I had it firmly in the selling drawer. I understand the double bounce on S1 but had assumed games before LO. As it turned out a failed attempt at a drop. I shorted EJ and UJ, not closing on the nice SRB at the bottom as I hoped for more (again must pay attention!). Closed for a couple of pips on each. {image} {image} Evidence of down move required to resume shorting.

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Quoting loeil

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{quote} Hi smarteng99, I'm using Armada Markets.

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Quoting loeil

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{quote} Nice DmitryFX, I use a similar method when I place stop orders.

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Quoting revoli

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{quote} Interesting your take on UJ. Looking at PVSRA and good old volume analysis on higher timeframe I had it firmly in the selling drawer. I understand the double bounce on S1 but had assumed games before LO. As it turned out a failed attempt at a drop. I shorted EJ and UJ, not closing on the nice SRB at the bottom as I hoped for more (again must pay attention!). Closed for a couple of pips on each. {image} {image} Evidence of down move required to resume shorting.

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Quoting Islander

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{quote} There is an old saying " if it is not broken, don't try to fix it".......so far this week the charts and trades that I have posted show more than + $400...... Today is NFP Friday, so I will take a break until after that data.....BFN PS Whilst I will not change anything this month, I will do some research into using different settings for the EMAs

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Quoting DmitryFX

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EU SonicR classical setup in confluence with PVSRA?

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Quoting Islander

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{quote} Excellent - I took several shorts during the ECB PC and a buy - more than sufficient posts from me today, so not posted! Ref: Daily Pivots - I too work off 5pm New York, so its possible that I had incorrect time offset....

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Quoting zohaib

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{quote} This system can be used in three different ways 1 : classic sonic R system by Master Sonic and this is intraday trading system. 2 : PVSRA by TAH and this is position building system 3 : 3 dragon system by ISlander and this is scalping system so which suits you try that.

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Quoting DmitryFX

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Trading of crosses: GU down, UCad down - so better opportunities from GCad:

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Quoting Islander

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{quote} I was looking for a pre LO bounce off that S1 level towards the DP.....it didnt happen only bouncing to the MS 1 and I missed the short entry - distracted by posting is my excuse - a heavy BBQ last night was a contributing factor too Looks like a good read of the PA.....now some buying / profit taking around the **50 level...

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Quoting Ian V

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Hi folks, I have an indi called SR Zones. Anyone familiar with it? I used it a lot at one stage, but have now forgotten how to name it correctly. You use the MT4 rectangle tool to draw SR zones where you want them. You then have to name the rectangles Support 1,2,3 etc or Res 1,2, etc. and the indi will then maintain them. The names have to be correct tho and I never made a note of exactly how to do it. Does anyone know? Cheers

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