Sonic R. System | Page 300 | 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

  • #5,981
  • Sep 7, 2009 6:26am Sep 7, 2009 6:26am
Quoting snusnufreak
Hello, Sonikers

Its a rainy sunday afternoon here in Russia and there is not much to do rather than sit with a cup of coffee and study the great thread of Sonic R.

TAH, could you please share with us the indi which shows higher TF bar next to the price action on 15M TF. I asked you about it in the PM, but i didn't get the answer.

I've reached the point now where the more I read and try to understand Sonic set-ups the more I'm confusing myself. Any suggestions how to avoid this?
I Believe That You Are In a Perfect Level, Getting Confused ... Like I Said While Ago To Rastaman (Am I Right ?!), I Think It's a Level That Makes You Have More "Ahaaa" Moments. Just Like When You Work Out, And Your Muscle Wants To Grow, It Hurts a Little. It's True For Your Thoughts Too. But Getting Confused In Thoughts Is Like The Pain You Have In Your Body When You Do Some Sport. I'm Sure You Will Pass This Level Very Soon, But It Depends On Your Effort To FIND THINGS OUT YOURSELF.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #5,982
  • Sep 7, 2009 6:34am Sep 7, 2009 6:34am
Quoting zz_zhang
Trading NFP was nv one of my likes.

is well known for killing Shorts n Longs position

trading @ the pt or b4 the news release is taking a risk.

i prefer trading after the market digested the news and show it path.
I Myself Personally Don't Trade SonicR Fridays Noon (GMT Time), Just London Open, And When NFP Comes Through, I Even Step Aside In London Session.
But There Are Some Strategies That I Work With During The NFP. For Example The One That I'm Focusing On It Now, Is Few Seconds (About 30) Before The News, I Open Two Positions , Buy And Sell In One Pair, After Making The First Move, I Close The One That Is In Profit And I Keep The Other One, I Close The Other One At BE Or In Profit. But I Do Not Recommend This Kind Of Trading Before Having Deep Understanding Of News Effect On The Market. And I Do Not Trade All The NPFs. I Depends On My Forecast And Economic News During That Month.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #5,983
  • Sep 7, 2009 6:37am Sep 7, 2009 6:37am
Quoting Basber
I Myself Personally Don't Trade SonicR Fridays Noon (GMT Time), Just London Open, And When NFP Comes Through, I Even Step Aside In London Session.
But There Are Some Strategies That I Work With During The NFP. For Example The One That I'm Focusing On It Now, Is Few Seconds (About 30) Before The News, I Open Two Positions , Buy And Sell In One Pair, After Making The First Move, I Close The One That Is In Profit And I Keep The Other One, I Close The Other One At BE Or In Profit. But I Do Not Recommend This Kind Of Trading Before Having Deep Understanding...

Sure, thx for ya sharing basber. gd to see u back!

btw, u/j trade. anybody caught tis fellow.

feel free to comment.
Attached Image (click to enlarge)
Click to Enlarge Name: uj.jpg Size: 170 KB
trade safe
  • #5,984
  • Sep 7, 2009 6:44am Sep 7, 2009 6:44am
Quoting Basber
I Believe That You Are In a Perfect Level, Getting Confused ... Like I Said While Ago To Rastaman (Am I Right ?!), I Think It's a Level That Makes You Have More "Ahaaa" Moments. Just Like When You Work Out, And Your Muscle Wants To Grow, It Hurts a Little. It's True For Your Thoughts Too. But Getting Confused In Thoughts Is Like The Pain You Have In Your Body When You Do Some Sport. I'm Sure You Will Pass This Level Very Soon, But It Depends On Your Effort To FIND THINGS OUT YOURSELF.

Regards,
Basber
Thx for support, Basber. I myself think that this is a natural process, I just have to be very patient and hard-working to get over it. Its not gonna be easy. But, NOTHING is easy when it comes to achieving goals in ANY field, not just trading.
  • #5,985
  • Sep 7, 2009 6:50am Sep 7, 2009 6:50am
Quoting zz_zhang
Sure, thx for ya sharing basber. gd to see u back!

btw, u/j trade. anybody caught tis fellow.

feel free to comment.
I saw it, but didn't enter because of timing
  • #5,986
  • Sep 7, 2009 6:54am Sep 7, 2009 6:54am
Quoting snusnufreak
Thx for support, Basber. I myself think that this is a natural process, I just have to be very patient and hard-working to get over it. Its not gonna be easy. But, NOTHING is easy when it comes to achieving goals in ANY field, not just trading.
You're Quite Welcome Snu,
I Told This To Myself Year Ago : " If It Was Easy, So Why The Hell 95% Fails ? So It Should Be Something Else "
After a While I Found Out It's Easy, But Reaching That Level To Deal With This Business Easily, Needs a Real Hard Work.
It's Really Hard To Be In That 5% ...
Like I Wrote In My Signature, I Believe If Any Thing Comes Easy, It Will Go Away Easy ... Friends, Knowledge, Money And etc.
One Thing Will Help You Speed Up a Little Bit, Ask More, Share More And Re-Analyze Past Examples Just Like DD Does. Be Sure, Every Time You Will Find Something New.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #5,987
  • Sep 7, 2009 6:55am Sep 7, 2009 6:55am
Mkt is dead quiet as Bank Holiday in US...
Relax and take a break,,,

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi1.gif Size: 23 KB
  • #5,988
  • Sep 7, 2009 6:59am Sep 7, 2009 6:59am
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Sep. 07 16.27.jpg Size: 12 KB
Trading methods are designed to put the odds in our favor, not predicting.
  • #5,989
  • Sep 7, 2009 7:01am Sep 7, 2009 7:01am
Quoting sonicdeejay
Mkt is dead quiet as Bank Holiday in US...
Relax and take a break,,,

Sonic

Sonic, Mind to share ur CII NVO combine indicator?

TIA~
trade safe
  • #5,990
  • Sep 7, 2009 7:03am Sep 7, 2009 7:03am
Quoting Basber

i saw that on other threads too. WEIRD
trade safe
  • #5,991
  • Sep 7, 2009 7:15am Sep 7, 2009 7:15am
Quoting traderathome
PivotsMWD was designed to enable selection of showing Monthly pivots, or Weekly pivots, or Daily pivots....but not more than one of the three choices at the same time. Hence, PivotsMonthly/PivotsWeekly/PivotsDaily came about....three indys so all three pivots could be simultaneously displayed. Over time, improvements to the code in these indys was made.

The latest of these non-time zone shift pivot indys are attached. The Monthly and Weekly are combined, have the latest code improvements, and allow both pivot groups to be simultaneously displayed...
If anyone downloaded PivotsD, then please toss and go back and download again. There was a bug, now fixed. I apologize for the inconvenience.
  • #5,992
  • Sep 7, 2009 7:39am Sep 7, 2009 7:39am
Quoting Basber
You can go to your profile and edit your options so that your user name will not appear.

I've noticed an increase in "invisible" users lately. All I know is that I have no reason to hide, so I am content to remain visible as ddaytrader.
  • #5,993
  • Sep 7, 2009 7:45am Sep 7, 2009 7:45am
Quoting snusnufreak
Guyz, i'm in the GBPUSD trade

EP @ 1.6400
TP @ 1.6480
SL @ 1.6360

Plz give advice on TP lvl, is it ok or too far away?
Quoting snusnufreak
Closed GU @ +25 as there is no momentum to it. I guess should've closed it the first time it reached R1 lvl @ +40.
Hi snusnufreak,

Do me a favor (and in doing so, you will be doing yourself one as well): Pull up the H4 GBPUSD chart, and use horizontal lines to mark of S/R levels. You will see exactly why TP1 should have been 1.644x.

I cannot stress enough the importance of keeping track of S/R on 4 hour chart on any pair you trade.

Please do all of us Sonikers a favor - after you draw in the S/R levels on the GBPUSD, post a screenshot of the chart.

Thank You,

ddaytrader
  • #5,994
  • Sep 7, 2009 8:18am Sep 7, 2009 8:18am
Quoting zz_zhang
Sonic, Mind to share ur CII NVO combine indicator?

TIA~
U will need a template as well...I suppose..

Sonic
Attached Image (click to enlarge)
Click to Enlarge Name: shi1.gif Size: 23 KB
Attached File(s)
File Type: tpl Sonicrv3.tpl   18 KB | 627 downloads
File Type: mq4 Sonic Volumes Enhanced (Black).mq4   20 KB | 742 downloads
File Type: mq4 CCI_v2.mq4   5 KB | 698 downloads
File Type: ex4 ForexSignalLive_HighsLows.ex4   15 KB | 697 downloads
File Type: mq4 PivotsDWM.mq4   10 KB | 567 downloads
File Type: ex4 THV3 CandleClock.ex4   5 KB | 558 downloads
  • #5,995
  • Sep 7, 2009 8:23am Sep 7, 2009 8:23am
Quoting sonicdeejay
U will need a template as well...I suppose..

Sonic

thx Sonic~

btw, how do i combime both indi into one? thnx again
trade safe
  • #5,996
  • Sep 7, 2009 8:35am Sep 7, 2009 8:35am
Think to switch off PC and go play cricket.....
FxHome
  • #5,997
  • Sep 7, 2009 8:39am Sep 7, 2009 8:39am
Quoting ddaytrader
Hi snusnufreak,

Do me a favor (and in doing so, you will be doing yourself one as well): Pull up the H4 GBPUSD chart, and use horizontal lines to mark of S/R levels. You will see exactly why TP1 should have been 1.644x.

I cannot stress enough the importance of keeping track of S/R on 4 hour chart on any pair you trade.

Please do all of us Sonikers a favor - after you draw in the S/R levels on the GBPUSD, post a screenshot of the chart.

Thank You,

ddaytrader
The blue area suggests the correct TP lvl as it can be seen from the chart this is where the price stalled the most.
Attached Image (click to enlarge)
Click to Enlarge Name: Sonic entry.gif Size: 30 KB
  • #5,998
  • Sep 7, 2009 8:54am Sep 7, 2009 8:54am
Quoting snusnufreak
The blue area suggests the correct TP lvl as it can be seen from the chart this is where the price stalled the most.
Very good ... and you can even focus your attention more narowly by identifying H4 swing pivots. That is, look for those prices at which price stopped and turned.

Look at my chart. All of those lines have been there for days, some for weeks, and a few for months. At the end of each day (5PM EDT) I check each of my H4 charts and updat the S/R as necessary. It takes less than 5 minutes and it is the best investment you can make. Whenever I enter a SonicR trade, in addition to the M15, I check my H4 chart to help me set TP1 & TP2.

In this case, you can se that price stopped at 1.6443 (based on this broker's price feed - your broker may vary by a few pips). I had a resistance line there form a previous swing high at 1.6444. Had I been long there, I'd have had a TP at 1.6439-40.

This works becsue it is not subjective. I have a good buddy who trades forex futures, not retail spot forex, but he uses the spot forex charts for S/R. He uses the same chart set up I am posting here. He and I can email each other our charts, and his and mine are always the same. We both use black and white candles on a white back ground. It makes it very easy to locate important S/R, and we use a colored horizontal line at each level.
Attached Image (click to enlarge)
Click to Enlarge Name: GU H41.jpg Size: 94 KB
  • #5,999
  • Sep 7, 2009 9:19am Sep 7, 2009 9:19am
Point taken, DD. Thank you very much! I guess, after all, price itself is the best indicator. and its up to us to learn to see what the price is doing.
  • #6,000
  • Sep 7, 2009 11:14am Sep 7, 2009 11:14am
Quoting zz_zhang
thx Sonic~

btw, how do i combime both indi into one? thnx again
Zhang,

Press Ctrl-N to open the Navigator, then open the Indicators tree.

-- To put indicator in new sub-window, right click on it, and click on "Attach to chart".

-- To put indicator in same sub-window as an already plotted indicator, drag it into the same sub-window. If you want the indicator to be a derivative of the indicator already plotted (e.g. to get a moving average of an RSI), set "Apply to:" to "First indicator's data". Otherwise set "Apply to:" to "Close" (or whatever).

Disclaimer: It wasnt me who wrote this
22 traders viewing now