Hi Fellow Traders,
My name is Sonic. Before you do anything else in trading, I want you to read The 5 Steps to becoming a trader (5 steps pdf. below) .
A Sonicdeejay Story
I have been trading for a near 6 years now (Since 2008) and been full with cheers and tears.Just like many of you. I started out looking for the holy grail <aka> indicators that gives buy/sell with no loss.
Soon, I found out that my trading statement is going no where, with messy charts and too many indicators to confirm.
That causes the late signal trigger; minimizing my wins and maximizing my losses.
I start to realize that indicators are all based on prices, according to their formula, causing them to lag behind the price movement.
After reading many books, crawling different systems and LIVE trading, I have come to a conclusion.There is no "mechanical" systems or indicators that can really predict where the price will go with 60~100% accuracy.
The market doesn't care about "mechanical" systems and indicators.
I came to understand the importance of Trade/Risk Management, General trend (Bias) , S & R.
So, I started Sonic R with the intention to share and learn from traders alike.
Few comes and goes, until traderathome came along.
He is a great man with pure heart. He put countless hours in writing up Sonic R templates and educating others.We will not be where we are here without his endless support.
The Sonic R Philosophy
Trading is a probability business.
Even you put tons of hours for a set up and it still can turn sour..
You can win and you can lose too.
It is your job to minimize your loss and maximize your win.
You will follow set of rules that will help you on the winning sides most of the time.
The Rise of Sonic R
Here is a simple, nice and profitable 15M swing system that I get inspired from Raghee 's book.
A Blindly followed Moving Averages system can be very successful in trending market, but I am around here long enough to witness the failure of it, when the market goes into ranging periods.
So, I fine tuned the system with understanding of Price action (including Wave analysis), Volume Analysis and S & R Analysis, and I am getting high success rate on my position/swing trading.
I'd like to call it the Sonic R. System.
Now, it is not the magic bullet, nothing is.
It is a simple EMA based yet effective system.
You can earn 50 to 400+ pips on a trade.
1. Do not over trade big-time, or trade during Asian Session. Most of the best setups and proper trending occur at/after the London session opens. You shouldn't trade more than 5 trades a week. Look for quality setups, not quantity.
2. Never add to a losing position, <aka> average your positions. With the advent of Scout trades and PVSRA, there is the temptation to do so when price moves against your trade. You'd better have done a very good PVSRA and the results had better be very much in support of adding, before you do so.
3. Your SL must wide enough to for the price to breathe. If you put it too tight, the chance of getting your SL hit is very high even though the price eventually goes in the direction you wanted. For example, I recommend you use a SL of up to 100 pips when trading EURUSD.
Indicators and Templates
Check out our co-founder Professor TAH's templates HERE and user guide HERE
Please do not ask any questions regarding our indicators/templates until you have followed all the instructions in the releasing post, including the instruction to read the User Notes in the compiles of each indicator, where you will learn about the features and use of the indicator.
You can learn how to install and load the Sonic template properly , HERE
Notice: The indicators last released (05-25-2013) do not run properly on the new MT4 Build 600 (Feb 3, 2014). The release of upgrades to all of our indicators was scheduled for February. This release is delayed due to the necessity to rework all indicators to achieve compatibility with the new MT4 Build 600 (and subsequent versions). It is possible our new upgraded indicators/templates will be available sometime in the latter half of March 2014. Please be patient. Meanwhile, simply add the Dragon's three 34 ema (HLC) lines, the 89 ema Trend line, and standard volume to your chart. Another alternative is to try the modified indicators provided by atstrader to help us in the interim: "HERE"
Sonic R. System Manual (HERE or HERE)
Summary in English HERE
Summary in Russian HERE
Summary in Spanish HERE
The Essence of the Sonic R. System Classic Setup
Find out why the Sonic R. Classic set ups have been profitable, HERE
For Sonic R Scout and PVSRA
I introduced the Scout trade in 2012. The analysis we call PVSRA (for Price, Volume, S&R Analysis) came in 2013 and is intended to help better qualify both Sonic R. System Classic and Scout trades. Read about PVSRA
Sonic M (Money/Risk Management)
You can find out how you can maximize your winning edge, minimize your risk HERE
Advice for the Newcomers
Just like learning how to fly a plane or do a surgical procedure, trading isn't easy either.
But it can be learned and understood with the proper amount of effort and patience.
If you think, or were made to believe, that trading is a "get rich quick" opportunity, you are in for a rude awakening.
So, I suggest you to read all the material here in post #1, the first couple of dozen of my posts to start getting the flavor of things here, and at least the last 50 pages of the forum to catch up to the current tempo of things.
Start out by focusing on the Classic setup and by having a clear understanding of the essence of this setup (read about "Essence" above).
Request of Newcomers
In the past, newcomers asked questions about the Sonic R. System, about abbreviations on our charts and numerous other questions already answered in the material linked in this first post. So, I request of everyone that comes here to thoroughly read this first post and all of the linked materials. Pay particular attention to the Sonic R. System Manual and to the post that releases our indicators and templates, which further instructs you to read the User Notes at the tops of the compiles of the indicators. All the questions you are likely to have are already answered in these materials. Please understand that we do not have time to repeat answers to basic questions for everyone that comes here and skips doing this reading. This reading is your first homework assignment. Please do it with care and attentiveness. Thank you.
Demo and Live Accounts
Try with Demo trading first, to practice HERE
Then trade LIVE
Sonic R on You Tube
I post videos time to time.. YOUTUBE
Give my videos thumb up, if you like it..
And why am I sharing this, while I do not earn a penny from you for my time and effort? Because I believe Sharing is Caring.
I have found my hedge fund and started managing others' money but I have no commercial interest in sharing this system.
You can say thank to me by posting comment in my profile, "vouching" me in my profile and rating to this thread (on the right hand corner of this page) or you can add Sonic R. System Group in facebook.. HERE
Please don't be a silent lurker. Get yourself involve in this community, sharing with others as well about your experiences and trade set ups.
Let's get the ball rolling..
(P.S This knowledge shared here is totally FOC, I do not have any intention to make $$ out of it, why should I ask your money while I can make my own )