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Sonic R. System

  • #80,121
  • Mar 24, 2015 1:37pm Mar 24, 2015 1:37pm
Quoting forexn00b
{quote} I would close in BE or few pips loss, entry and price is near RDL. But Im too cautious nowadays.
Yeah, I should have closed at BE, made a considerable loss
  • #80,122
  • Mar 24, 2015 5:14pm Mar 24, 2015 5:14pm
Quoting leentjai
Opened Long Scout GBP/NZD.I put SL&TP {image}
Closed GBP/NZD by SL-295p total
Closed EUR/NZD by SL-550p total
  • #80,123
  • Edited Mar 25, 2015 11:12am Mar 24, 2015 5:48pm | Edited Mar 25, 2015 11:12am
Quoting traderathome
GBPUSD Signal: Trend angled down. Dragon angled down and crossing down thru Trend. Previously, multiple times above half number (PVSRA). Possibly there will be some move back up in early US Session, before a bear run. A break down thru the whole number is the key to a successful short trade. tah {image}
Quoting traderathome
{quote} GBPUSD Signal Update: This turned out to also be a "Special" PA wave situation, when the MMs took price back up to previous highs, which they would only do if they were looking to complete the filling of orders up there, which could only be sell orders. And for as long as price has been ranging at these highs, those sell orders had to be mostly orders to open short positions. Not orders to close longs, which by now would mostly have already been done. Just look at the volume once the MMs manipulated the price back to the highs! {image} {image}...
GBPUSD Short trade Open/Close: 1,126.5 pips gain.
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  • #80,124
  • Mar 24, 2015 6:15pm Mar 24, 2015 6:15pm
Quoting traderathome
USDJPY Signal: Late in day. London Session close. Trend seemingly starting to angle up. Dragon angled up, seemingly crossing Trend. "Special" wave situation with very high activity starting below half number and coming back up (PVSRA). Price now retraced down to previous SR at 3/4 Level. Might go dead now, even drift lower, until Asian Session. But, we cannot ever know what the MMs might do. This could go up in after hours trading. A true break up thru the upper whole number should get things going, whenever that might happen. A lower entry might...
USDJPY Long Trade Open:

Classic setup. This is pre-LS, but Trend is starting to angle up, Dragon is above Trend and angled up, and yesterday the MMs put price below the half number for some very active trading. If they were only filling orders to close shorts, then this might not go up right now. There might be a double bottom due to big players putting new orders below, this time to open long positions, and the MMs might take the price back low to fill the orders. Time will tell. No TP, SL at this time, but RWH is a possible target if this goes into a bull swing.
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  • #80,125
  • Mar 24, 2015 6:52pm Mar 24, 2015 6:52pm
AUDUSD Short Trade Open:

Classic setup. Pre-LS, but preceded by "Special" wave move when the MMs took price above the whole number yesterday with very high activity at the highs and coming down from the highs. If it was only the closing of longs, this might not go down right away,....possible double top trip back up to open shorts. Time will tell.
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  • #80,126
  • Mar 24, 2015 6:58pm Mar 24, 2015 6:58pm
NZDUSD SHORT entered on m5 when touched spine of the dragon making sl virtually 0
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There is no spoon....
  • #80,127
  • Mar 24, 2015 10:53pm Mar 24, 2015 10:53pm
Opened Long Pre-LS Long Classic EUR/USD
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  • #80,128
  • Mar 25, 2015 2:01am Mar 25, 2015 2:01am
GBP/USD Short :

No TP at the moment , check PA. Stop above new "LH"......
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A small profit is better than a big minus...
  • #80,129
  • Mar 25, 2015 2:42am Mar 25, 2015 2:42am
Quoting tulis
GBP/USD Short : No TP at the moment , check PA. Stop above new "LH"...... {image}
I sell too but I think that early trade and it's mistake! Then will be bullish impulse
  • #80,130
  • Mar 25, 2015 6:47am Mar 25, 2015 6:47am
Quoting traderathome
AUDUSD Short Trade Open: Classic setup. Pre-LS, but preceded by "Special" wave move when the MMs took price above the whole number yesterday with very high activity at the highs and coming down from the highs. If it was only the closing of longs, this might not go down right away,....possible double top trip back up to open shorts. Time will tell. {image}
AUDUSD Short Trade Closed:

Closed for loss of 7 pips average, 35 pips total loss. Too flat, and I am no longer confident in this AS selected trade.
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  • #80,131
  • Mar 25, 2015 6:51am Mar 25, 2015 6:51am
Quoting traderathome
{quote} USDJPY Long Trade Open: Classic setup. This is pre-LS, but Trend is starting to angle up, Dragon is above Trend and angled up, and yesterday the MMs put price below the half number for some very active trading. If they were only filling orders to close shorts, then this might not go up right now. There might be a double bottom due to big players putting new orders below, this time to open long positions, and the MMs might take the price back low to fill the orders. Time will tell. No TP, SL at this time, but RWH is a possible target if this...
USDJPY Long Trade Closed:

Closed for loss of 20 pips. This AS selected long trade is looking bearish.
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  • #80,132
  • Mar 25, 2015 6:58am Mar 25, 2015 6:58am
Quoting traderathome
{quote} tulis, 1. Please edit your post above to show the closed trade PL label. This is so easy to do simply by scaling the chart height down! 2. Turn on your FF Private Message feature so I do not have to clutter this thread when needing to discuss something with you in private. -tah
I am do this mission

Tulis
A small profit is better than a big minus...
  • #80,133
  • Mar 25, 2015 7:08am Mar 25, 2015 7:08am
AUDJPY Signal:

Trend down, Dragon down and below Trend. Following period of tight ranging. Look for break low of whole number. Conservative TP in area of lower half number/RDL. Aggressive TP in area of next lower half number/RWL.
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  • #80,134
  • Mar 25, 2015 9:04am Mar 25, 2015 9:04am
Congratulations to owners of this thread and their followers for having now thread for business.
The Market pays you to be disciplined
  • #80,135
  • Mar 25, 2015 9:31am Mar 25, 2015 9:31am
USDCAD Long Trade Open:

I consider this a "Special" wave situation due to the move below the previous low, and back up on high activity, after the US Open, and have entered ahead of Classic setup. No TP, SL at this time. Still assessing....
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  • #80,136
  • Mar 25, 2015 9:42am Mar 25, 2015 9:42am
Market Comment

Lots of high activity price reversals after US open......

tah
  • #80,137
  • Mar 25, 2015 10:03am Mar 25, 2015 10:03am
USDJPY Signal:

This is before a Classic long setup. Look at M5,......very consistent volume after US Open - highest at lows - and price rose above half number where the MMs seem to be holding it while continuing to "consolidate",.....to .build longs, is my guess.

M30 clearly shows double bottom with high activity at each low,......first to close shorts, next to open longs.....how I see it.

RWH might be a reasonable TP area.
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  • #80,138
  • Mar 25, 2015 10:42am Mar 25, 2015 10:42am
GBPJPY Signal:

A classic short setup. Still in LS, Trend down, Dragon crossing down, PA broke low the whole number after high volume at HOD. Setup is a bit flat, but if the MMs pull the rug, that could change quickly. Right now, consolidating = MMs supporting price while further filling short orders, imho. A break low of the 3/4 Level should get things started.
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  • #80,139
  • Mar 25, 2015 10:46am Mar 25, 2015 10:46am
Newbie- still learning and thanks for this wonderful system, welcome all feedback to learn whether my understanding was correct on the below trade

NZDJPY Short: Open/Close with +32 pips

H1: Observed MM short as the repeated red/purple decreasing
M15: entered when dragon pointed down+close to declining trendline+price below both. I think this is still early entry for a classic setup
TP: close to 00 level
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  • #80,140
  • Edited 12:00pm Mar 25, 2015 10:46am | Edited 12:00pm
Quoting traderathome
USDJPY Signal: This is before a Classic long setup. Look at M5,......very consistent volume after US Open - highest at lows - and price rose above half number where the MMs seem to be holding it while continuing to "consolidate",.....to .build longs, is my guess. M30 clearly shows double bottom with high activity at each low,......first to close shorts, next to open longs.....how I see it. RWH might be a reasonable TP area. {image} {image}
just entered classic short making money so far ^^
Attachment
M30 was so clear I had to sell ;(

Sorry Prof for disobobedience , trade lost momentum , 3 EP's closed for 50 points total
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Man lie, woman lie, numbers don't
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