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Sonic R. System

  • #63,261
  • Dec 12, 2013 9:10am Dec 12, 2013 9:10am
Quoting raulbeni
Can someone help me? I started to look at this thread, and downloaded the SonicRV3.zip file. Then I copied the files where the .txt told me. So then what I have to do is open my trader, and charge fibopivot template. Then I charge Spudfibo indicator. Theres something more I should? Cause I noticed I'm missing CCI indicator, but the Sonic CCI dont appear on INSERT>INDICATORS.. {image}
You installed OLD template!!! Go to back post1 and find TAH templates!
Whatever is obvious is obviously wrong!"
  • #63,262
  • Dec 12, 2013 9:13am Dec 12, 2013 9:13am
Quoting loeil
{quote} You installed OLD template!!! Go to back post1 and find TAH templates!
Thank you bro, my head was about to explode.
  • #63,263
  • Edited 9:26am Dec 12, 2013 9:13am | Edited 9:26am
Quoting raulbeni
Can someone help me? I started to look at this thread, and downloaded the SonicRV3.zip file. Then I copied the files where the .txt told me. So then what I have to do is open my trader, and charge fibopivot template. Then I charge Spudfibo indicator. Theres something more I should? Cause I noticed I'm missing CCI indicator, but the Sonic CCI dont appear on INSERT>INDICATORS.. {image}
PM sonic about it.

Maybe someday, after a lot of folks have been inconvenienced, he will remove that stuff. If he cannot let go of that stuff, maybe he will repackage and repost it, and then insert a new link to it in post#1, with the comment "....for those looking for antiques."
  • #63,264
  • Dec 12, 2013 9:26am Dec 12, 2013 9:26am
Holy moly this thread so big, I just don't where should I start.
  • #63,265
  • Dec 12, 2013 9:32am Dec 12, 2013 9:32am
Quoting raulbeni
Holy moly this thread so big, I just don't where should I start.
#1
Newbie trader
  • #63,266
  • Dec 12, 2013 9:33am Dec 12, 2013 9:33am
I think I got the idea. Page 1530 is the key
  • #63,267
  • Dec 12, 2013 9:36am Dec 12, 2013 9:36am
Quoting Sunbrella
{quote} 7 hours later target almost has been reached (~140 pips) {image} {image}
AU:

No reason it shouldn't make it to 0.8900 level. Stinking banks probably have more buy orders sitting there. Market makers might just be delaying, taking sweet time about it in order to take in as many short orders as possible to have the liquidity to fill the long orders of the banks. When that happens, enough liquidity, the market makers will probably spike price to below the 0.8900 level and fill the bank long orders. Nice triple bottom on DAY chart is being made, too.

Anyway, I have buy order there, just in case.
  • #63,268
  • Dec 12, 2013 9:47am Dec 12, 2013 9:47am
So, is this a good entry looking at the rules or I missed something?
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  • #63,269
  • Dec 12, 2013 9:56am Dec 12, 2013 9:56am
Quoting raulbeni
So, is this a good entry looking at the rules or I missed something? {image}

The 1.3750 support is holding, you need a breakout before short this pair, wait.... o u can try a small long with a thight SL
  • #63,270
  • Dec 12, 2013 10:00am Dec 12, 2013 10:00am
Quoting tapachula
{quote} The 1.3750 support is holding, you need a breakout before short this pair, wait.... o u can try a small long with a thight SL
Ok, got it, but the wave crossing the dragon was good?
  • #63,271
  • Dec 12, 2013 10:00am Dec 12, 2013 10:00am
Quoting raulbeni
So, is this a good entry looking at the rules or I missed something? {image}
EU Analysis

I think your entry was too low, too late.

You can see the wave formations (blue lines). You can see the S&R area (pink rectangle). You can see the MMs wacked the price in concert with today's USD releases, but later brought the price back up to S&R for reloading shorts.

That is when and where you should have entered short. I marked the original PA wave EP zone with a blue rectangle, but that was at the time of the release and too dangerous a time to enter. Best was to have waited for a retrace back towards S&R. We could not have been sure of such a retrace, but that is part of trading. To be safest, wait. In this case, apparently the downside will be good, and so the MMs hiked the price back to S&R, which was a good sign the short trade will be a good one, and there is where you should have entered short, imho.

Also, keep in mind it is very easy to analyze "after-the-fact", so don't be too hard on yourself. But do learn to pay attention to S&R areas and to keep in mind the possibilities that if a trade will be a good one, the "market" is usually greedy enough to bring price back to "load up some more"; maybe soon after, but also maybe later, even a day later, sometime later. You get the idea though.
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  • #63,272
  • Dec 12, 2013 10:05am Dec 12, 2013 10:05am
Quoting traderathome
{quote} EU Analysis I think your entry was too low, too late. You can see the wave formations. You can see the S&R area. You can see the MMs wacked the price in concert with today's USD releases, but later brought the price back up to S&R for reloading shorts. That is when and where you should have entered short. I marked the original PA wave EP zone with a blue rectangle, but that was at the time of the release and too dangerous a time to enter. Best was to have waited for a retrace back towards S&R. We could not have been sure of such a retrace,...
Ok. Perfect answer. Just wanted to know if the formation (wave) was good. Wanted to know if that was fine, so now I can learn next step. Thank you all, nice guys.
  • #63,273
  • Dec 12, 2013 10:06am Dec 12, 2013 10:06am
Quoting raulbeni
{quote} Ok, got it, but the wave crossing the dragon was good?

A little late and so close to support, its a risky trade. But you are learning in demo that is always good !!!
  • #63,274
  • Dec 12, 2013 10:11am Dec 12, 2013 10:11am
Quoting tapachula
{quote} A little late and so close to support, its a risky trade. But you are learning in demo that is always good !!!
Ofc, I don't even know what most of those colors and indicators mean xDD Not going to lose my money learning it.
  • #63,275
  • Dec 12, 2013 10:23am Dec 12, 2013 10:23am
GU:

Note the bearish tone of last two candles. Note which of the last four candles involved the most activity. The MMs might pull off a retrace to load up more, today, tomorrow. Who knows if or when, but there might come a re-entry opportunity or even a new short setup. This is quite bearish.
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  • #63,276
  • Edited 11:25am Dec 12, 2013 11:11am | Edited 11:25am
AU Comment

The LS is now closed, but the US market makers will still be at work. Let's see if they maneuver the price lower, to the lower whole number, and possibly below it. If the price goes lower, it can be a sign the market makers want to acquire lower priced longs, stock up on them to make a profit when they use them to satisfy long orders later, when the price is higher again and rising further.

There is also the possibility the dirty rotten stinking price manipulating greedy market corrupting banks have buy orders down in that area, for which the market makers can get commissions by filling; another reason the price might go lower even though this is now market "off hours."

And, if not now, there is always later. The week isn't over.
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  • #63,277
  • Dec 12, 2013 11:20am Dec 12, 2013 11:20am
Quoting Sunbrella
{quote} 7 hours later target almost has been reached (~140 pips) {image} {image}
Position closed at TP.
Mind the gap
  • #63,278
  • Dec 12, 2013 11:25am Dec 12, 2013 11:25am
Quoting traderathome
{quote} AU: No reason it shouldn't make it to 0.8900 level. Stinking banks probably have more buy orders sitting there. Market makers might just be delaying, taking sweet time about it in order to take in as many short orders as possible to have the liquidity to fill the long orders of the banks. When that happens, enough liquidity, the market makers will probably spike price to below the 0.8900 level and fill the bank long orders. Nice triple bottom on DAY chart is being made, too. Anyway, I have buy order there, just in case.
Be careful as "RBA states that AUDUSD near $0.8500 is needed for the Australian economy."
http://www.dailyfx.com/forex/market_...rs_0.8500.html
  • #63,279
  • Edited 11:57am Dec 12, 2013 11:35am | Edited 11:57am
Quoting lvdfx888
{quote} Be careful as "RBA states that AUDUSD near $0.8500 is needed for the Australian economy." http://www.dailyfx.com/forex/market_...rs_0.8500.html
Talking Heads, What are Their Motives?

Talking Heads, be they of central banks, other major banks, big investment houses, or simply "paid to write what the market wants" columnists, what they say matters not. What the charts say, that does matter.

Both AU and NU were torpedoed on high volume and with high volume following, which looks suspiciously like the price was taken lower for buying; to buy to close shorts and/or to buy to open longs. Of course, we cannot know the future of price, nor when trends will reverse. So, time will tell. Meanwhile, AU is making a triple bottom and NU is forming a potential inverse H&S that could come into play in just one day's range move.

Honestly, I really try to ignore everything that everybody says, be they the head of a central bank or some egotist writer that might not know his ass from a hole in the ground when it comes to market intents and manipulations. It is just too difficult to ferret out the simple and honest truths from the bull shit designed to create the wrong market bias in folks.

AU might indeed see 0.8500 sometime in the future, but it might climb back up a ways first, too. If everyone were thinking like you are, they might have been shorting today, providing liquidity for the MMs to load longs. Later, the MMs might launch the price higher and higher and higher, stopping out and forcing out all the shorts, making them buy while the MMs off-load their longs for profit and start shorting into the short closing frenzy all the other shorters suffer! That will leave the MMs loaded with shorts (instead of everyone else), and with shorts acquired at much higher prices than those shorters got today! It is the way the market works if indeed price is to eventually go much lower; suck in shorts with a logical move down, later hike the hell out of the price and take over those shorts at higher prices! Bingo! The market screws the herd again.

-tah
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  • #63,280
  • Dec 12, 2013 11:36am Dec 12, 2013 11:36am
Quoting traderathome
{quote} AU: No reason it shouldn't make it to 0.8900 level. Stinking banks probably have more buy orders sitting there. Market makers might just be delaying, taking sweet time about it in order to take in as many short orders as possible to have the liquidity to fill the long orders of the banks. When that happens, enough liquidity, the market makers will probably spike price to below the 0.8900 level and fill the bank long orders. Nice triple bottom on DAY chart is being made, too. Anyway, I have buy order there, just in case.
As you know, I have a different / SonicR Classic like approach and follow the larger trend until it exhausts. May keep on going down to ~88.300, then correcting up, followed by another drop to ~87.500. Who knows.
Mind the gap
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