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Sonic R. System

  • #59,481
  • Sep 19, 2013 6:25am Sep 19, 2013 6:25am
Quoting DmitryFX
I did make some kind of analyzing. During last year (since 19/09/2012) it was only 9 days with range more then 200 pips by EU. 10/01/2013, 07/02/2013, 25/02/2013, 25/03/2013, 04/04/2013, 06/06/2013, 10/07/2013, 11/07/2013, 18/09/2013. Now, i am interested to check what were reasons and what "PVSRA" told us about those days...

I made quick test about PVSRA on those first days.

Results are below
Short trade was read with PVSRA with these entrypoints.
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Not bad outcome I might say...
I know the secret...
  • #59,482
  • Sep 19, 2013 6:26am Sep 19, 2013 6:26am
Quoting figgsey
{quote} Absolutely. This news surprised most markets and experienced traders. These event only occur a handful of times in the entire year. Don't be too hard on yourselves.
But the news didn't surprise one person here.
http://www.forexfactory.com/showthre...63#post6974263

Good, he reads the charts damn well!
Whatever is obvious is obviously wrong!"
  • #59,483
  • Sep 19, 2013 6:51am Sep 19, 2013 6:51am
UsdJpy - my favourite pair for trading the Three Dragons - again confirming my comments.

Trades before LO are 1 unit - you should all know the reason! - and bank 10 - 20 pips

After LO and above the 15m Dragon, so now buying 2 units and happy to bank ~the **50 level as its a nice 30 pips.

A small opportunity nearly an hour later, or nearly 2 hours after breaking above the green S&R level, the run up to the 99.00 area...

NB check your own charts, all of the red ticks are at coloured high volume bars - my alert to take a good look at the PA....
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Trading Levels with WRBs
  • #59,484
  • Sep 19, 2013 6:56am Sep 19, 2013 6:56am
Quoting loeil
{quote} But the news didn't surprise one person here. http://www.forexfactory.com/showthre...63#post6974263 Good, he reads the charts damn well!
There is much to see in the higher timeframe charts. I have a desk littered with the things. As an example here is a weekly GU. The news may have been a surprise but the charts were talking about something last week. Look at GU, EU and UJ weekly daily 4H 1H then decide your bias. The only way to trade is through a professional and rigorous approach - but it has to be something that works for you. All in my humble opinion.

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Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #59,485
  • Sep 19, 2013 7:14am Sep 19, 2013 7:14am
Quoting revoli
{quote} There is much to see in the higher timeframe charts. I have a desk littered with the things. As an example here is a weekly GU. The news may have been a surprise but the charts were talking about something last week. Look at GU, EU and UJ weekly daily 4H 1H then decide your bias. The only way to trade is through a professional and rigorous approach - but it has to be something that works for you. All in my humble opinion. {image}
I draw what I see..If I look that weekly chart I see that it was a nice and strong bullish trend.. how stupid I was There was multiple clues what we ignored. That's what I'm talking about. Next time I will look more closely D1 and weekly chart too.

Pete Faders here, talking about the same thing.
http://www.youtube.com/user/petefaders?feature=watch
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Whatever is obvious is obviously wrong!"
  • #59,486
  • Sep 19, 2013 7:24am Sep 19, 2013 7:24am
Quoting loeil
{quote} I draw what I see..If I look that weekly chart I see that it was a nice and strong bullish trend.. how stupid I was There was multiple clues what we ignored. That's what I'm talking about. Next time I will look more closely D1 and weekly chart too. Pete Faders here, talking about the same thing. http://www.youtube.com/user/petefaders?feature=watch {image}
Pete Faders videos are awesome!
Creditors have better memories than debtors.
  • #59,487
  • Sep 19, 2013 7:26am Sep 19, 2013 7:26am
Quoting ForexSwag
{quote} Pete Faders videos are awesome!
Yes, the best explanations I have ever saw
Whatever is obvious is obviously wrong!"
  • #59,488
  • Sep 19, 2013 7:36am Sep 19, 2013 7:36am
Got another good one on news. No heavy trading above whole number so hold the position for news and worked
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  • #59,489
  • Sep 19, 2013 7:37am Sep 19, 2013 7:37am
Quoting figgsey
{quote} As you said eariler, its all about psychology. Numerous books on this such as Eldar. They also tend to recommand using/knowing few indicators well as opposed to many.
Exactly.
For example Elder advised no more then 5.
I never use more then 5. MA+OS+Volume = quiet enough!

BTW, my first profitable trade since last days! EU +20pips! :
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Everything is possible!!! Step by Step...
  • #59,490
  • Sep 19, 2013 7:39am Sep 19, 2013 7:39am
Quoting zohaib
Got another good one on news. No heavy trading above whole number so hold the position for news and worked {image}
This called trading Well done.
Whatever is obvious is obviously wrong!"
  • #59,491
  • Sep 19, 2013 7:47am Sep 19, 2013 7:47am
Quoting zohaib
Got another good one on news. No heavy trading above whole number so hold the position for news and worked {image}

for me the buy was in the 12:13 gmt candle and I held on looking for yesterdays' high at 99.32 - it got close, so I banked
Trading Levels with WRBs
  • #59,492
  • Sep 19, 2013 7:48am Sep 19, 2013 7:48am
Quoting loeil
{quote} I draw what I see..If I look that weekly chart I see that it was a nice and strong bullish trend.. how stupid I was There was multiple clues what we ignored. That's what I'm talking about. Next time I will look more closely D1 and weekly chart too. Pete Faders here, talking about the same thing. http://www.youtube.com/user/petefaders?feature=watch {image}

Thanks will watch those later!

Where to bail on UJ?? - my good trade

GU - my bad trade stopped out for well more than my stop loss of 12 pips. Stupid Stupid Stupid.

Chart(s) later
Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #59,493
  • Sep 19, 2013 7:49am Sep 19, 2013 7:49am
Quoting loeil
{quote} But the news didn't surprise one person here. http://www.forexfactory.com/showthre...63#post6974263 Good, he reads the charts damn well!
Ha, yes. perhaps there is more to it (reading the charts)...the trend is your friend regardless.
  • #59,494
  • Sep 19, 2013 7:52am Sep 19, 2013 7:52am
Quoting Islander
{quote} for me the buy was in the 12:13 gmt candle and I held on looking for yesterdays' high at 99.32 - it got close, so I banked
My entry was same at 12:13 GMT but i closed bit early but got good one so I think end for today. Thanks for continues sharing
  • #59,495
  • Sep 19, 2013 7:53am Sep 19, 2013 7:53am
Quoting Islander
{quote} for me the buy was in the 12:13 gmt candle and I held on looking for yesterdays' high at 99.32 - it got close, so I banked
Simple ~30 pips, piece of cake! Cool
Whatever is obvious is obviously wrong!"
  • #59,496
  • Edited 8:19am Sep 19, 2013 8:00am | Edited 8:19am
Quoting JRissa
{quote} I made quick test about PVSRA on those first days. Results are below Short trade was read with PVSRA with these entrypoints. {image} {image} {image} {image} Not bad outcome I might say...
Ok, first of all I think in the real you would start 100 pips lower.
Anyway. Let us imagine you started from 1.3175. The peak was in 16 days at 1.37. It is about 600 pips higher. The situation was like now, when so many traders loosed money.....

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Everything is possible!!! Step by Step...
  • #59,497
  • Sep 19, 2013 8:31am Sep 19, 2013 8:31am
This is how my charts look..


Inserted Video



Sonic
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  • #59,498
  • Sep 19, 2013 8:40am Sep 19, 2013 8:40am
Quoting revoli
{quote} Thanks will watch those later! Where to bail on UJ?? - my good trade GU - my bad trade stopped out for well more than my stop loss of 12 pips. Stupid Stupid Stupid. Chart(s) later

30 pips. Made up for my duff GU trade. Looking at the higher timeframes upside was a strong contender. 3 dragons then became the trigger. My exit was influenced by reading others bailing rather than sticking to my target. Should know better.

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Katte, kabuto no o wo shime yo. Size doesn't matter, leverage is the killer
  • #59,499
  • Sep 19, 2013 8:49am Sep 19, 2013 8:49am
Quoting sonicdeejay
This is how my charts look.
SonicDJ, please your comments.
Do you trade only EY?
Everything is possible!!! Step by Step...
  • #59,500
  • Sep 19, 2013 8:52am Sep 19, 2013 8:52am
Quoting Islander
UsdJpy - my favourite pair for trading the Three Dragons - again confirming my comments. Trades before LO are 1 unit - you should all know the reason! - and bank 10 - 20 pips After LO and above the 15m Dragon, so now buying 2 units and happy to bank ~the **50 level as its a nice 30 pips. A small opportunity nearly an hour later, or nearly 2 hours after breaking above the green S&R level, the run up to the 99.00 area... NB check your own charts, all of the red ticks are at coloured high volume bars - my alert to take a good look at the PA.... {image}...
Maestro, everytime when I see your trades I have one doubt: How do you find targets of profit?
Everything is possible!!! Step by Step...
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