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Sonic R. System

  • #58,741
  • Sep 11, 2013 12:49am Sep 11, 2013 12:49am
  •  St3ve
  • | Joined Jan 2013 | Status: Recovering from losses ... | 77 Posts
Just something I stumbled upon while waiting for our run for profits ...

MT5 allows you to display tick volume and real volume. There have been intense discussions in the past about tick volume being totally different from real volume. So I decided to open an MT5 account with alpari - I guess you won't find a single difference ;-)

EUR/USD - M15
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Changing the TF to M1 shows some differences, but only in size - the relative volume change is identical
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I really like the MT5 platform and thinking about coding the TAH indicators for it. I already started with one of them, but it turned out to be really tough. So many code changes neccessary ...


Steve
  • #58,742
  • Sep 11, 2013 12:50am Sep 11, 2013 12:50am
EA long
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  • #58,743
  • Sep 11, 2013 1:06am Sep 11, 2013 1:06am
AU short
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  • #58,744
  • Sep 11, 2013 1:21am Sep 11, 2013 1:21am
Attention to all Sonic R Senior Supporter.

Please Kindly comment on my chart.

Thank you.
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  • #58,745
  • Sep 11, 2013 1:43am Sep 11, 2013 1:43am
GM - Three Dragon Sells were signalled in the Asian Session in both € and UJ, making EurJpy the one to go for.

Ive just closed a sell in UsdJpy from the FO and am now waiting for another signal to sell EurUsd.....
Trading Levels with WRBs
  • #58,746
  • Sep 11, 2013 1:47am Sep 11, 2013 1:47am
Quoting faststare08
Attention to all Sonic R Senior Supporter. Please Kindly comment on my chart. Thank you. {image}
I would suggest that if you remove the un-necessary non Sonic indicators from your chart Sonicers would be more interested in commenting
Trading Levels with WRBs
  • #58,747
  • Sep 11, 2013 1:56am Sep 11, 2013 1:56am
Quoting faststare08
Attention to all Sonic R Senior Supporter. Please Kindly comment on my chart. Thank you. {image}
Comment? Exactly what??? Arrange your chart, bigger chance that someone will answer.
Whatever is obvious is obviously wrong!"
  • #58,748
  • Sep 11, 2013 2:13am Sep 11, 2013 2:13am
Quoting loeil
{quote} Comment? Exactly what??? Arrange your chart, bigger chance that someone will answer.
if it's downtrend begins at EU.
  • #58,749
  • Sep 11, 2013 2:16am Sep 11, 2013 2:16am
Quoting Islander
{quote} I would suggest that if you remove the un-necessary non Sonic indicators from your chart Sonicers would be more interested in commenting
sir, I read all that the post in this thread (april to may). most newbie post their chart which includes this favorite indicator even Sonicdeejay have RSI on his chart. you can check them senior.
  • #58,750
  • Sep 11, 2013 2:26am Sep 11, 2013 2:26am
Hello,

I just started w/ SonicR system (not quite fluent w/ it yet).

based on your experience can you comment on:

GdpJpy , GdpChf, AudUsd

i;m short on the pairs.

so far i've been using TDI as my primary idicator, which, in my opinion works pretty well. The range on TDI is 32 -68, where 32 indicates pair as oversold and 68 overbought.

my TDI readings on H4 charts are: GdpJpy - 63.7, GdpChf - 66.46, AudUsd - 68.32 (!!!). The TDI numbers suggest that the pairs should go down in near future. i just want to confront my TDI findings with SonicR system with wich most of you are more familiar than I am.

thanks in advance for your help
  • #58,751
  • Sep 11, 2013 2:26am Sep 11, 2013 2:26am
Turning point for GJ, i see some significant div and some major TL's are acting as Resistance.

Rdz
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Price Is The Best Indicator Itself.
  • #58,752
  • Sep 11, 2013 2:27am Sep 11, 2013 2:27am
Quoting faststare08
{quote} if it's downtrend begins at EU.
Yes, someone waiting this downtrend 2 months, someone 1 month now. But yes, you are right, MMs prepared the market for downtrend.

Actually downtrend has already began, this is just pullback now.
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Whatever is obvious is obviously wrong!"
  • #58,753
  • Sep 11, 2013 2:30am Sep 11, 2013 2:30am
Quoting faststare08
{quote} sir, I read all that the post in this thread (april to may). most newbie post their chart which includes this favorite indicator even Sonicdeejay have RSI on his chart. you can check them senior.

OK - I made a polite suggestion. I personally consider it insulting that you choose to ignore the convention in this thread which is NOT to post charts with spurious, un-necessary indicators. The same comment applies to dariush00750, although he does not have the audacity to say that he has read all of the recommended posts.
Trading Levels with WRBs
  • #58,754
  • Sep 11, 2013 2:46am Sep 11, 2013 2:46am
  •  St3ve
  • | Joined Jan 2013 | Status: Recovering from losses ... | 77 Posts
Islander,

while waiting for my PVSRA-based trades to turn, I am experimenting with the Three Dragons.
Please note, that on my chart the Dragon itself is the 1min 34ema, the thick green/orange line is the 120ema.

Marked with the red arrow, a green marubozu candle appeared - but PA didn't follow through. So no trade opened yet.
Price failed to drop below the 1min dragon and therefore, I would have opened a long position with 1 unit (15min dragon in wrong direction).

After price crossed MR1, I would have probably set my SL to this level and would have gained ~8pips.

This is just an example trade which I didn't take.

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I guess you wouldn't consider taking this trade. Could you please explain why? :-)

Thanks in advance,
Steve
  • #58,755
  • Sep 11, 2013 2:59am Sep 11, 2013 2:59am
Quoting St3ve
Islander, while waiting for my PVSRA-based trades to turn, I am experimenting with the Three Dragons. Please note, that on my chart the Dragon itself is the 1min 34ema, the thick green/orange line is the 120ema. Marked with the red arrow, a green marubozu candle appeared - but PA didn't follow through. So no trade opened yet. Price failed to drop below the 1min dragon and therefore, I would have opened a long position with 1 unit (15min dragon in wrong direction). After price crossed MR1, I would have probably set my SL to this level and would have...
I did take that trade and exited for about 8 pips. Then seeing GU stop and GJ swivel at 158 I shorted there for one and have just closed that for a few pips BUT..

This mornings action is choppy at best (news in an hour?) and therefore these are risky trades. The simple answer imho is to look for the easy trades and sit this out. Look at how easy yesterday looked in comparison (I missed most of these so do not profess to be a master on this)

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I need to be much more patient and stop risking small scalps. When three dragons line up and a pull back to resistance/support - thats when to trade.

Islander is the master at this one but that's my thoughts. I also am in great admiration he posts at same time.
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #58,756
  • Sep 11, 2013 3:04am Sep 11, 2013 3:04am
Quoting St3ve
Islander, while waiting for my PVSRA-based trades to turn, I am experimenting with the Three Dragons. Please note, that on my chart the Dragon itself is the 1min 34ema, the thick green/orange line is the 120ema. Marked with the red arrow, a green marubozu candle appeared - but PA didn't follow through. So no trade opened yet. Price failed to drop below the 1min dragon and therefore, I would have opened a long position with 1 unit (15min dragon in wrong direction). After price crossed MR1, I would have probably set my SL to this level and would have...
GM - I'm pleased to see another regular experimenting with the Three Dragons

As you know, I monitor the PA in my chosen pairs via my 5m Multi Screen on which my charts show the blue AverageDailyRange and Today's range. This morning the ranges so far are 23.1 for Cable, 38.2 for € and 47.2 for UJ - so I focused as usual on UJ and then on EurUsd as its range was greater and actually made 1 unit sells in both. In Frankies Hour, during these range bound markets, I also limit entries to 1 unit.

Your trade was a perfectly good exmple - Cable just didn't move very far - the whole swing from just after FO took 79 minutes with a total rane of 18 pips - so bloody difficult to extract much profit!!
Trading Levels with WRBs
  • #58,757
  • Sep 11, 2013 3:17am Sep 11, 2013 3:17am
Quoting revoli
{quote} I did take that trade and exited for about 8 pips. Then seeing GU stop and GJ swivel at 158 I shorted there for one and have just closed that for a few pips BUT.. This mornings action is choppy at best (news in an hour?) and therefore these are risky trades. The simple answer imho is to look for the easy trades and sit this out. Look at how easy yesterday looked in comparison (I missed most of these so do not profess to be a master on this) {image} I need to be much more patient and stop risking small scalps. When three dragons line up and...

Well done - you milked about the maximum available. The 10 day ADRs are currently € 82, cable 90 and UJ 91.....all way under "normal" readings of ~120 for € & cable and ~ 150 for UJ.

I do delay my posts off the 1m chart - RT posts just become a signal service for the 300+ invisable watchers of this thread!

PS UJ short just closed at todays DP level.....
Trading Levels with WRBs
  • #58,758
  • Sep 11, 2013 3:22am Sep 11, 2013 3:22am
My first trade using Classic.

All comments welcome

TY.
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  • #58,759
  • Sep 11, 2013 3:26am Sep 11, 2013 3:26am
Quoting loeil
{quote} Yes, someone waiting this downtrend 2 months, someone 1 month now. But yes, you are right, MMs prepared the market for downtrend. Actually downtrend has already began, this is just pullback now. {image}
I agree. Price up with weakening volumen
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  • #58,760
  • Sep 11, 2013 3:31am Sep 11, 2013 3:31am
Quoting dcmb
My first trade using Classic. All comments welcome TY. {image}
No too good for me. Console, not clear direction.

I observed the morning to enter sell through half price.
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