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Sonic R. System

  • #1,821
  • Feb 16, 2009 8:50am Feb 16, 2009 8:50am
I'm tired of losing money all the time already....
  • #1,822
  • Feb 16, 2009 9:56am Feb 16, 2009 9:56am
A quick +54pips on GBPCHF

12 out of 15 conditions met.

80% probability of success

TP was set at Daily Low
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf 16 feb.gif Size: 29 KB
  • #1,823
  • Feb 16, 2009 10:15am Feb 16, 2009 10:15am
Quoting wallst500
A quick +54pips on GBPCHF

12 out of 15 conditions met.

80% probability of success

TP was set at Daily Low
Hi wallst500,

I made the same trade, though I missed the initial entry. I entered short on the retracement at 1.65855 and exited at 1.65355 for a neat and tidy quick 50 pips.

Nice trading,

Best Wishes,

ddaytrader
  • #1,824
  • Feb 16, 2009 10:18am Feb 16, 2009 10:18am
Excellent ddaytrader !!!

Considering the market didn't offer many opportunities today.

Sonic ur system rocks !
  • #1,825
  • Feb 16, 2009 10:54am Feb 16, 2009 10:54am
Quoting wallst500
Sonic ur system rocks !
How I wish to repeat that too..
Haiz...

I hate your system... sonic.. =x
lol...
  • #1,826
  • Feb 16, 2009 11:00am Feb 16, 2009 11:00am
Quoting eternalrealm
How I wish to repeat that too..
Haiz...

I hate your system... sonic.. =x
lol...


Every body ever had a bad day when facing forex. If this is not your day, why don't you turn your pc off and have some few days off. The market will always be here for the rest of your life. Emotion will never suceed in market since it is an emotion animal itself.
Manage your risk accordingly and you're half done your home work.
  • #1,827
  • Feb 16, 2009 11:20am Feb 16, 2009 11:20am
Quoting beachboy
GU buy stop in place.
Attachment
close with 11pip profit after see it dont have strengh to move up.
  • #1,828
  • Feb 16, 2009 1:57pm Feb 16, 2009 1:57pm
Hi .. Sonic ..
Thanks for sharing your system,
I just read page 7th ..
I am in Forex 11 months. I must say that I have tried several systems but I was not satisfied, now I have found you and this seems like a simple and good. I trade live and I will Now tray this system, I think that is the most better learns to live, demo is something completely different.
Hereby I wish to you all here to greet and ask you to tell me the most important things I need to know to start in this system.
Thank you all in advance and I am sorry about my english it is not my native language.
  • #1,829
  • Feb 16, 2009 7:45pm Feb 16, 2009 7:45pm
I know Sonic cautions that one should not trade his system during the Asian session, but I am long the GBPCHF and targeting a 50 pip profit in the vicinity of the NY session's high. We shall see where this goes.

EDIT: BTW, I got into this trade about 20 pips late my buy stop should have been approx. 1.659x-ish. As it were, I became distracted and entered at market with a fill at 1.6612
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long1.jpg Size: 164 KB
  • #1,830
  • Feb 16, 2009 8:29pm Feb 16, 2009 8:29pm
Quoting ddaytrader
I know Sonic cautions that one should not trade his system during the Asian session, but I am long the GBPCHF and targeting a 50 pip profit in the vicinity of the NY session's high. We shall see where this goes.

EDIT: BTW, I got into this trade about 20 pips late my buy stop should have been approx. 1.659x-ish. As it were, I became distracted and entered at market with a fill at 1.6612
I have brought my stop to BE +1 - my TP is 1.6672, though price may find stiff resist at 1.6658
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long2.jpg Size: 149 KB
  • #1,831
  • Feb 16, 2009 8:36pm Feb 16, 2009 8:36pm
I'm with ya Daytrader. With my schedule lately, I'm been missing all the setups. Hit this one in the EU for a nice 93 pip move in about an hour.

not bad for 60 mins worth of work.
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-09.jpg Size: 218 KB
  • #1,832
  • Feb 16, 2009 8:37pm Feb 16, 2009 8:37pm
I think I can ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long3.jpg Size: 156 KB
  • #1,833
  • Feb 16, 2009 8:43pm Feb 16, 2009 8:43pm
Quoting nickj
I'm with ya Daytrader. With my schedule lately, I'm been missing all the setups. Hit this one in the EU for a nice 93 pip move in about an hour.

not bad for 60 mins worth of work.
Nice trade! I see I picked the wrong trade as several other SonicR's set up at the same time. But I was really not focused on trading to tell the truth.
  • #1,834
  • Feb 16, 2009 8:46pm Feb 16, 2009 8:46pm
Quoting ddaytrader
price may find stiff resist at 1.6658
As suspected, some selling came in at that 1.6658 level

Let's see if there are buyers enough to get me my fifty pips or if I have to settle for less.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long4.jpg Size: 156 KB
Click to Enlarge Name: 2-16-2008 GBPCHF Long5.jpg Size: 150 KB
  • #1,835
  • Feb 16, 2009 8:53pm Feb 16, 2009 8:53pm
Quoting ddaytrader
As suspected, some selling came in at that 1.6658 level

Let's see if there are buyers enough to get me my fifty pips or if I have to settle for less.

I think you're OK - you'll hit it.
  • #1,836
  • Feb 16, 2009 8:57pm Feb 16, 2009 8:57pm
Quoting nickj
I think you're OK - you'll hit it.
Perhaps ... I have moved stop up to +24 and I will either finish +24 or +50.
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long6.jpg Size: 173 KB
  • #1,837
  • Feb 16, 2009 9:06pm Feb 16, 2009 9:06pm
Quoting ddaytrader
Perhaps ... I have moved stop up to +24 and I will either finish +24 or +50.

a mere 5 pips away ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long8.jpg Size: 173 KB
  • #1,838
  • Feb 16, 2009 9:09pm Feb 16, 2009 9:09pm
Quoting ddaytrader
a mere 5 pips away ...

Closer ...
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long9.jpg Size: 173 KB
  • #1,839
  • Feb 16, 2009 9:10pm Feb 16, 2009 9:10pm
Quoting ddaytrader
Closer ...
and done ...

2 trades today: Short GBPCHF for +50 and long GBPCHF for +50

Both SonicR ... neat stuff!

And now, a good night.
Attached Image (click to enlarge)
Click to Enlarge Name: 2-16-2008 GBPCHF Long10.jpg Size: 161 KB
  • #1,840
  • Feb 16, 2009 9:49pm Feb 16, 2009 9:49pm
nice work.
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