Sonic R. System

I Will Look For Bearish Sonic Setup For This Pair In The Next Trading Day.

Regards,
Basber

Nice pin bar.

I Don't See Much Of Muhammad989 Lately. What Happened ?!

Regards,
Basber

Not a A+ One, But It's Not Bad If It's Combined With SonicR Entry. It Could Be Much More Reliable.

Regards,
Basber

Basber,

I noticed you were on the Daily chart, is this for long term impact or trend as opposed to a shorter TF ?

TIA
L

I think his side has some electricity problem...

Sonic

HI Sonickers,

Hoping all is well with the pips

I found this commentary on FX360 on psychology and thought it was very informative. Hope you will find it helpful.


Kind Regard
Lmarti21

I have a setup on UC now. not a very good ratio i think. but the wave is there.

let see if the support broke. i'm targetting only a few pips here.

p/s: sorry sonic. broke the rule. trading in asian time. hahahaha....

how can i be more discipline?

i think most of us trades in Asian Sessions now .. haha .. including me ..

That is funny because I was asking about it too! Late Asian has been better than ny session.

I am staying away from USD/CHF till the trend sorts itself out more.

H1 shows an uptrend at the moment.

+54 Pips.

Regards,
Basber

good job .. here's my trade ..

Hi Lionsden,
I Use Daily And H4 TFs For General Analysis, Sometimes There Is No Clear Bias But I See A Clear Wave And Good SonicR Entry On M15, I Take It. Sometimes I See A Bias In Higher TFs, I Wait For The SonicR Setup In My Desired Bias And Then I Take The Trade. That's How I Work.
I Use H4 And Daily (And Sometimes Weekly) For General Trend & Price Action And I Use M15 (SonicR System) For Entring The Trade.

Regards,
Basber

I Clearly See The Greed In Your Trade. Try Not To Want All The Market Moves. There Was No Clear Wave, There Was A Correction After The Last Move.

I Found JUST ONE WAY To BE Profitable On This Business.

JUST ONE WAY :

Being More Picky

THAT'S ALL.

Regards,
Basber

I Watch Price For Making SonicR Entries 2:30 Hour Before UK Session Starts (Around 5:30 GMT). That's Late Asian Session And Sonic Said That Seek For The Entries 1 Hour Before And One Hour After Start Of US And UK Session. That Includes Late Asian Session. But The Thing Is You Can Be More Flexible After Reaching Your Comfort Zone In Finding Good Waves And Good SonicR Entries. The Thing Is I Still Don't Trade EARLY Asian Session. I Don't Trust It Except 1 Situation :
I Took a Trade In Early Asian Session In Very Strict Conditions :
1) I Trade Only USD/JPY (Mosly JPY Pairs Have A Good Move. Try Not To Trade Any Other Pairs Like USD/CHF And I Choose This Pair Because There Is Much More Volatility In GBP/JPY & EUR/JPY, So SL May Be Hit By A False Move Very Fast, Because I Take A Very Tight SL In This Situation)
2) I Take A Setups That Have SL Tighter Than 20 Pips. I Should Emphasize That I Don't Take Any SonicR Setup And Put A 20 Pips SL. This 20 Pips Should Cover The Previous High Or Low.
3) I Don't Rist More Than 1% Of My Account (I Usually Risk 0.5% Of My Account On These Trades)
4) I Must See A High Volume Spike During The Wave Formation.
5) The Trade Must Be In The Direction Of General Trend.
6) I Don't Take Trades After A Big Move, Because It's Very Possible To Have a Correction. (Like USD/CHF Last Night)
7) I Target 2 Profits. +20 And +40. Sometimes Only +20. If I Have 2 TPs, I Will Bring My SL To BE When First Target Hitted.

Also I Have A High Winrate In This Kind Of Trade (I Mostly Don't Post Them Because Newbies Get Confused About The Trading Time), I DON'T INCREASE MY TRADING VOLUME MORE THAN 1% RISK (I Risk Usually 3% On Normal Trades).

That's What I Do

Please Read This :

But I Suggest If You Have Less Than 3-4 Months Experience With This System, Stick To Trading Hours In The Manual For Several Reasons :
1) You'll Learn To Take Most Reliable Entries.
2) You'll Learn To Have The Decipline And Overcome Your Greed And You Learn The Patience (Not Having It Will Destroy Your Account Sooner Or Later)

Remember, There Is A Very Dangerous Attitude That Many Traders Fails Because Of It :
You Set Some Rules For Yourself, Sometime You Disobey Them, And The Worst Thing Is To BE Profitable When You Broke Your Rules, Then You Start To Break Them Next Time And Next Time .... Then This May Be a Beginning Of The End For Many Traders. This Is The Most Common Mistake And The Worst One That Makes 95% Failure In This Business.
If You Want It All, And If You Still Get Mad If Price Leaves Without You, Shift To Demo As Soon As Possible And Read Psychological Stuff As Much As Possible And Try To Work On Your Patience And Decipline And Greed.

Just My 2 Cents, And It's Not Just Pointed To You. I Wanted To Review My Mind, Because It's The Most Precious Thing That I've Learnt During My Trading Career.

Regards,
Basber

Good Job To You Too LT

Question about the Sonic CCI.

I have noticed some people entering trades before the sonic CCI color changes to red for a SHORT entry and visa vi for LONG.

In this setup would we take this short entry before the cci gray area turned yellow then red? Or was it a bad signal to take?

I noticed in the manual that a similar entry was ignored by sonic so that is why I am asking.

I Personally Focus On Waves, Then S&R And Go On. In CCI The First Thing That I Notice Is If It's Below Zero Line Or Above. And Remember , Indis Are For Confirming The Trade. For Me, If It's Below Zero Line, Even If The Color Is Green, It Confirms a Short Entry For Me. If I Want To Re-Enter The Trade, I Will Use The Color, But For The First Entry, I Use The Line. It's The Same For QQE. Slope Of Them Both Are Important For Me Too To Confirm a Trade. I Wrote The V3 Manual And I Don't Put Such a Example In It, So I'm Not Responsible

Regards,
Basber

As u can see..big vol are coming in...
If u wanna SHORT:: use re-entry
If u wanna LONG:: Wait for Sonic Dragons and Wave to confirm...

Sonic