Sonic R. System | Page 1743 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #34,841
  • Edited 4:07pm May 14, 2012 3:55pm | Edited 4:07pm
entered long @6101
Attached Image (click to enlarge)
Click to Enlarge Name: gu 12.gif Size: 44 KB
  • #34,842
  • May 14, 2012 5:43pm May 14, 2012 5:43pm
This system seems to be working but the initial thread is very old.

Are people still using it?

If so, how does one get the latest updates?

I am not new to Forex. I traded with indicators for a couple of years.

Used a few robots. They work then stop, as everyone knows.

I want to use systems on this website, but I feel so lost.

Thanks,

Frank
  • #34,843
  • May 14, 2012 6:16pm May 14, 2012 6:16pm
Quoting FranksBiz
This system seems to be working but the initial thread is very old...Are people still using it?..If so, how does one get the latest updates?...I am not new to Forex. I traded with indicators for a couple of years....Used a few robots. They work then stop, as everyone knows...I want to use systems on this website, but I feel so lost...Thanks,...Frank
Frank,

1. If the thread has survived a long time, and is so large, then how can you reason that people are not still using it?

2. How does one get the latest updates? Gee, did you even bother to read the very first post?

3. Oh, everyone knows that robots work, then stop? Not me. I never used them, ever!

4. Ok, now we are down to it......you feel so lost. Well, I suggest you read all of Post#1, and everything linked in Post#1,....for a start. Now you have direction and no longer need to feel lost. Time to start reading, thinking, and learning.

-tah
  • #34,844
  • May 14, 2012 6:26pm May 14, 2012 6:26pm
EU:

Entered Short (EP= 1.2823). Not London session of course, but setup involves increased volume at highs of leg2 and even more volume coming down off those highs on leg3 of the PA wave. The wave is smooth and nicely spaced. Dragon is angled down. And the setup represents PA failure at the half number. So, we'll see what happens.

TP is tentative. PA might not get there and then LO boys pull it back up. Nobody knows. But there it is, for now.
Attached Image (click to enlarge)
Click to Enlarge Name: may 2012 - 110.gif Size: 38 KB
  • #34,845
  • May 14, 2012 6:29pm May 14, 2012 6:29pm
General Question to Posters

Anyone other than myself been experiencing problems recently with FF when posting, particularly when posting with attachments?
  • #34,846
  • May 14, 2012 11:09pm May 14, 2012 11:09pm
Bullish 4H bars..

Long still considered CT.. So treat like one if u open a position..

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: IMG_4952.PNG Size: 111 KB
  • #34,847
  • May 14, 2012 11:13pm May 14, 2012 11:13pm
Quoting sonicdeejay
Bullish 4H bars..

Long still considered CT.. So treat like one if u open a position..

Sonic
Thanx Sonic...was waiting for ur advise...shud we avoid getting into a trade till the German Zew is announced ?
MM
  • #34,848
  • May 15, 2012 12:05am May 15, 2012 12:05am
Quoting traderathome
EU:

Entered Short (EP= 1.2823). Not London session of course, but setup involves increased volume at highs of leg2 and even more volume coming down off those highs on leg3 of the PA wave. The wave is smooth and nicely spaced. Dragon is angled down. And the setup represents PA failure at the half number. So, we'll see what happens.

TP is tentative. PA might not get there and then LO boys pull it back up. Nobody knows. But there it is, for now.
EU:

Added 2nd trade, Scout short (EP= 1.2854).
Attached Image (click to enlarge)
Click to Enlarge Name: may 2012 - 111.gif Size: 39 KB
  • #34,849
  • May 15, 2012 12:26am May 15, 2012 12:26am
Quoting traderathome
EU:

Added 2nd trade, Scout short (EP= 1.2854).
I believe price may have a correction, then may consolidate for a while. I will short below 1.2800. Just My thought though. Went long @ 1.2841 targeting 1.2883 . Small TP due to CT trade.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #34,850
  • May 15, 2012 2:07am May 15, 2012 2:07am
No professor TAh it ,I don't experienced problem,seems to work properly
Quoting traderathome
General Question to Posters

Anyone other than myself been experiencing problems recently with FF when posting, particularly when posting with attachments?
  • #34,851
  • May 15, 2012 2:30am May 15, 2012 2:30am
Quoting traderathome
EU:

Added 2nd trade, Scout short (EP= 1.2854).
Naughty

Sonic
  • #34,852
  • May 15, 2012 2:53am May 15, 2012 2:53am
Quoting sonicdeejay
Naughty

Sonic
Agree..
  • #34,853
  • May 15, 2012 2:54am May 15, 2012 2:54am
Quoting Basber
I believe price may have a correction, then may consolidate for a while. I will short below 1.2800. Just My thought though. Went long @ 1.2841 targeting 1.2883 . Small TP due to CT trade.

Regards,
Basber
My thought are the same..
  • #34,854
  • May 15, 2012 3:23am May 15, 2012 3:23am
Is that a tweezer bottom in the 4Hr EU chart

Attached Image (click to enlarge)
Click to Enlarge Name: EU_4H.gif Size: 77 KB


Should be cautious before taking shorts now
MM
  • #34,855
  • May 15, 2012 3:31am May 15, 2012 3:31am
Quoting Mymoney
Is that a tweezer bottom in the 4Hr EU chart

Attachment

Should be cautious before taking shorts now
Can't decide unless you can have your support line from the left hand or some volume to back up. It's strong downtrend anyway I'm not betting on bottom here, just a small retracement is my bet
  • #34,856
  • May 15, 2012 3:33am May 15, 2012 3:33am
Quoting Mymoney
Is that a tweezer bottom in the 4Hr EU chart

Attachment

Should be cautious before taking shorts now
You just mentioned the reason why I took the bullish wave although it formed before LO.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #34,857
  • May 15, 2012 4:04am May 15, 2012 4:04am
Possible EU Short Senario:

Using a simple line for the Dragon so things are clear. The half number is the key here. Yesterday PA fell thru half number and in the late US session came back to test it, and failed. Today, just before the LO, PA again came up to the half number, went thru and failed at local resistance, fell back thru half number, back up thru it, .....and might now be getting closer to breaking back down thru it.

Targets are lower whole number, RDL and then the half number below. The lower whole number is an obvious target, and so is RDL. The half number below RDL is a target because that would make the overall swing down one of those 100+ pips swings, though it might not happen within the current session.

This is just a short trade senario. PA could proceed upwards instead of breaking lower. Right now the Dragon is not angled down, and there are USD high impact releases ahead. We just have to wait and see. The close SL shown could easily be hit if the market responds to the releases with whipsawing. An alternate SL might be placed above the whole number that is above RDH.
Attached Image (click to enlarge)
Click to Enlarge Name: may 2012 - 112.gif Size: 29 KB
  • #34,858
  • May 15, 2012 4:25am May 15, 2012 4:25am
excuse me is this a proper buy setup or am I wrong ?!?
Attached Image (click to enlarge)
Click to Enlarge Name: aud.gif Size: 53 KB


because GBP is tanking and I'm busy watching AUD
  • #34,859
  • May 15, 2012 5:20am May 15, 2012 5:20am
I feel irrespective of news...there will be a retrace and then it will continue to go down...all the longer timeframes are still showing a downtrend
MM
  • #34,860
  • May 15, 2012 5:21am May 15, 2012 5:21am
Quoting zarach
excuse me is this a proper buy setup or am I wrong ?!?
Attachment

because GBP is tanking and I'm busy watching AUD
Technically it is correct. However, the whole number (general area of whole number) is resistance for PA now, and furthermore the usd releases could put power into the USD. Too early to enter a position against the USD, imho.
127 traders viewing now