Sonic R. System | Page 17 | 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

  • #321
  • Edited 6:08am Nov 25, 2008 5:06am | Edited 6:08am
I am short since 123.85..jus above pivot..that was my second entry...

QQE 15/H1 Down...


Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: 250.gif Size: 18 KB
  • #322
  • Edited 8:14am Nov 25, 2008 7:44am | Edited 8:14am
This is how we do..(I like the magnitude of t candle)

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 17 KB
  • #323
  • Nov 25, 2008 8:49am Nov 25, 2008 8:49am
Quoting sonicdeejay
This is how we do..(I like the magnitude of t candle)

Sonic
took profit ...
the close of first bearish candle..125.3x lvl

Bagged +130

Gd nite all....
Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: 111.gif Size: 19 KB
  • #324
  • Nov 25, 2008 8:59am Nov 25, 2008 8:59am
nice trades sonic ! ... as soon i posted my chart, i closed the position .. gone out .. just got back ... and .. im lucky i already closed it.. only 43pips today ... not bad for a 1hour work ..

p/s: i think i already hooked with M1 ... trading with M15 feels weird now .
  • #325
  • Nov 25, 2008 9:05am Nov 25, 2008 9:05am
Quoting cfp85
p/s: i think i already hooked with M1 ... trading with M15 feels weird now .
Well Done for the pips...

Hook/Addiction is bad for profitable trader....

EUR/JPY dive as This is announced!!

Sonic
  • #326
  • Nov 25, 2008 9:09am Nov 25, 2008 9:09am
Tonight I made 122 pips with this system. I traded mostly on the 5 min. But I also took 1 trade on the 1 minute to see if it worked and it did. The 15 minute seems very slow by comparison.

I still have problems with exits in that I exit too soon. I'm looking at using the nearest fib or s/r point as a guide. Still need to work on that.

I had 2 questions if you have time.

1. Are the waves you talk about Elliott waves?

2. What is it about the ema 34 that makes it so good for this type of trend system ? I've seen other scalping system with different moving averages and they were no where as accurate. Placing the Stop orders is good to avoid whipsaw. I sometimes skip that step and place a direct order but that's if I see a strong trend.

Most excellent system! Thank you for sharing.

Thanks!
  • #327
  • Nov 25, 2008 9:43am Nov 25, 2008 9:43am
Quoting sonicdeejay
Sure thing...
but I am not so sure 100% how can it be used...

Sonic

Thanks. And this bring me to discover the use of NVO.

http://codebase.mql4.com/3747

HF
  • #328
  • Nov 25, 2008 9:51am Nov 25, 2008 9:51am
Quoting sonicdeejay
Well Done for the pips...

Hook/Addiction is bad for profitable trader....
hmm might be .. but i think i like to trade on M1 with the M15 trend bias in mind .. the same like when we are trading on M15 with H1/H4 trend bias in mind ...

Quoting nubchai
Tonight I made 122 pips with this system. I traded mostly on the 5 min.
Good for you ! .. about your two questions, i think so .. the ABC is like a simplified Elliott waves. the second part .. i am amazed aswell with these EMA bands combination...
  • #329
  • Nov 25, 2008 6:32pm Nov 25, 2008 6:32pm
Quoting cfp85
hmm might be .. but i think i like to trade on M1 with the M15 trend bias in mind .. the same like when we are trading on M15 with H1/H4 trend bias in mind ...



Good for you ! .. about your two questions, i think so .. the ABC is like a simplified Elliott waves. the second part .. i am amazed aswell with these EMA bands combination...
CFB thank you. I'll have to take a look at waves again.

I'm really happy to find a manual system that works When it doesn't work it's because I've broken one of the rules. Or worse --- I've taken an emotional trade that doesn't follow any of the rules lol.

Sandy
  • #330
  • Nov 25, 2008 6:54pm Nov 25, 2008 6:54pm
Quoting siewhf
Thanks. And this bring me to discover the use of NVO.

http://codebase.mql4.com/3747

HF
thx man...t info helps

Here is my suggestion, Wave and Price action is the way to go in FX..tas FX real vol is unable to capture as FX is controlled the centres worldwide,not the single exchange.

I just take it as warning signal(similar to divergence)...abt the change of trend...

Do let me knw if u can figure out with t vol indi...


Sonic
  • #331
  • Edited 10:54pm Nov 25, 2008 7:01pm | Edited 10:54pm
Quoting nubchai
Tonight I made 122 pips with this system....

1. Are the waves you talk about Elliott waves?

2. What is it about the ema 34 that makes it so good for this type of trend system ? I've seen other scalping system with different moving averages and they were no where as accurate. Placing the Stop orders is good to avoid whipsaw. I sometimes skip that step and place a direct order but that's if I see a strong trend.

Most excellent system! Thank you for sharing.
1. Indeed, Wave analysis , gives u clear pic of what is going on, rather than ripple in screen(chek out t attached pdf file abt elliot wave)

2. The magic of the particular EMA is found by a student of Raghee...I'd like to give the credit to him...


Sonic
Attached File(s)
File Type: pdf Advanced Get - Mechanical Trading System.pdf   887 KB | 4,456 downloads
  • #332
  • Nov 25, 2008 9:13pm Nov 25, 2008 9:13pm
I just shorted EJ @ 123.62 at 2.47am GMT. Not sure if i am doing correctly or not....haha
May the pips be with me !!!
  • #333
  • Nov 25, 2008 9:17pm Nov 25, 2008 9:17pm
Quoting ahlude
I just shorted EJ @ 123.62 at 2.47am GMT. Not sure if i am doing correctly or not....haha
whooo...shifted SL to BE......31pips at the moment.....
May the pips be with me !!!
  • #334
  • Nov 25, 2008 9:30pm Nov 25, 2008 9:30pm
Quoting ahlude
whooo...shifted SL to BE......31pips at the moment.....
Closed 0.5lots (mini) of my trade, shifted SL to +1pips and set TP @ 122.77 (PA)

Check out on cable. Might be ending of retracement soon when london market open....
Attached Image (click to enlarge)
Click to Enlarge Name: trade-1.jpg Size: 31 KB
May the pips be with me !!!
  • #335
  • Nov 25, 2008 10:51pm Nov 25, 2008 10:51pm
Quoting ahlude
whooo...shifted SL to BE......31pips at the moment.....
Good da Job buddy...
Post with t pic..as well..

Sonic
  • #336
  • Nov 26, 2008 8:32am Nov 26, 2008 8:32am
EJ M15 going up ? i dont see any L-H-HL and the current price already at support1 .. im guessing it will go until bottom H1 channel and bounce right back up .. just a wild guess ... still no trade today ..
  • #337
  • Nov 26, 2008 10:18am Nov 26, 2008 10:18am
Isnīt the market a bit ranging today??
Just trying to "de-code" when to enter and when and it is really making my brain work...
  • #338
  • Nov 26, 2008 10:42am Nov 26, 2008 10:42am
Quoting cfp85
EJ M15 going up ? i dont see any L-H-HL and the current price already at support1 .. im guessing it will go until bottom H1 channel and bounce right back up .. just a wild guess ... still no trade today ..
Hey cfp85 has just started to read your Journal...nice work man..it is really helping a lot to understand this great metod much more...
Usually it takes me ages to even place a pic in here, so I appreciate quite alot that you share your work with all of us....
As our master use to say...sharing is caring...thanks a lot..
  • #339
  • Nov 26, 2008 10:52am Nov 26, 2008 10:52am
Quoting leņador
Isnīt the market a bit ranging today??
yeah .. tight ranging .. these kind of market i really hate .. haha .. i got out to meet some friends and play bowling .. got back quite late since noon .. i saw some nice trades on M1 .. missed it . oh well .. there always be tomorrow ..

Quoting leņador
Hey cfp85 has just started to read your Journal...nice work man..it is really helping a lot to understand this great metod much more...
Usually it takes me ages to even place a pic in here, so I appreciate quite alot that you share your work with all of us....
As our master use to say...sharing is caring...thanks a lot..
haha thanks man ... do let me know if theres anyway i can improve my journal .. never thought someone actually read and like it .
  • #340
  • Nov 26, 2008 11:37am Nov 26, 2008 11:37am
Should see this earlier .. the trend confirmation for the day is already there. its okay, theres always tomorrow. but my prediction does come true… the price did goes to bottom H1 channel line. haha

Attached Image (click to enlarge)
Click to Enlarge Name: nov26-2.gif Size: 38 KB
87 traders viewing now