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Sonic R. System

  • #6,061
  • Sep 9, 2009 2:12am Sep 9, 2009 2:12am
good morning


http://www.youtube.com/watch?v=LiE1VgWdcQM
  • #6,062
  • Sep 9, 2009 2:18am Sep 9, 2009 2:18am
Quoting snusnufreak
SL hit. Did i do anything wrong?
Technically it looked good. It is just one of those that did not work out. About the only thing else you could have factored in was patience.....the London open was still over an hour off.
  • #6,063
  • Sep 9, 2009 2:51am Sep 9, 2009 2:51am
Quoting ddaytrader
Hi Leo,

First, I would suggest that you post charts that show us what you mean by "less than desirable" set ups. Looking at your charts, had you taken those trades you would have made TP1 at a minimum on each. If you are referring to someone else's trades, then let us know in which post that trader(s) posted the chart(s) so we know at what you are looking.

We each may at times take a trade that does not "look" ideal, but if you are going to bring a 10 point check list to bear on any situation before deciding to take a trade, you will find...
Thanks for that long post and trying to answer my questions, i appreciate your help, as always. Although i think that you may have overlooked the gist of my dispute. What i am trying to find out is not how to find the perfect setup (i never said anything about that), but rather why a lot of the top traders setups are always winning.

For example look back at sonicdeejay's posts for the last couple of weeks, he has posted about 14 wins and only 1 loss. Sonicdeejay why don't you post more of your losses to show us what caught you out so that we can all learn to be better traders of Sonic R? - this is why i said that i think the strategy is being portrayed a bit falsely. Or maybe i got the wrong idea and the success rate is in fact extremely high.

Leo
  • #6,064
  • Sep 9, 2009 3:11am Sep 9, 2009 3:11am
Quoting Leo.
Thanks for that long post and trying to answer my questions, i appreciate your help, as always. Although i think that you may have overlooked the gist of my dispute. What i am trying to find out is not how to find the perfect setup (i never said anything about that), but rather why a lot of the top traders setups are always winning.

For example look back at sonicdeejay's posts for the last couple of weeks, he has posted about 14 wins and only 1 loss. Sonicdeejay why don't you post more of your losses to show us what caught you out so that we...
Leo, I believe Sonic posts his trades....all of them, winners and otherwise. Perhaps I am wrong, and it is for Sonic to reply to you on this, not me. But what makes this thread outstanding from the rest is that Sonic posts many trades (if not all of them), providing ongoing examples of the setup as confirmation that the SonicR Method has worked, and continues to work.
  • #6,065
  • Edited 4:34am Sep 9, 2009 4:24am | Edited 4:34am
Quoting Leo.

For example look back at sonicdeejay's posts for the last couple of weeks, he has posted about 14 wins and only 1 loss. Sonicdeejay why don't you post more of your losses to show us what caught you out so that we can all learn to be better traders of Sonic R? -
Leo
That means I had 15 trades with 14 win and 1 loss .(that mean 92% hit rate in the game of probability aka trading)..In fact, it has been sometimes that I have a loss trade..I kinda miss that..

Wohhoo...hang on..I never said the success rate is extremely high. I even was a active criticiser of Brian’s 100% hit rate thread…to me if the system has above 70% hit rate..it is already a profitable ones already...


I have shown(tried my best to show) many of the set up with "before and after" effect.(I post the pic when I open the trade,,and I show again when its TP hit)..I think that made this thread outstanding....

Still have doubt on that??

I suggest..Stop whinning...Spend sometime reading thru the posts..buddy...

http://www.readthesmiths.com/article...Fail/1FAIL.jpg

Sonic
  • #6,066
  • Edited 4:41am Sep 9, 2009 4:28am | Edited 4:41am
Quoting snusnufreak
I'm guessing Sonic is long biased on a higher TF, if red dotted line on the chart is SL then TP is probably somewhere near 1.666x area. Am I correct?
Forget to move up my SL..

Now I just move it to below the support line ... @ 1.642x
At least now I am sure..this trade is a winner...

Inserted Video



Sonic
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  • #6,067
  • Sep 9, 2009 4:55am Sep 9, 2009 4:55am
Quoting sonicdeejay
That means I had 15 trades with 14 win and 1 loss .(that mean 92% hit rate in the game of probability aka trading)..In fact, it has been sometimes that I have a loss trade..I kinda miss that.. ...
Sorry if i upset you, you seem quite defensive about that.

I'm just the guy in the corner at the back voicing an opinion and a thought to see what your going to say about it. I'll will ask anything to try and get you folk to give an interesting view about this strategy, or just to see how you respond to the question often speaks volumes.

Sometimes i already know what you will say if i ask a question, "waves", "price action", "re-read the thread" are often predictable answers but even still, i will always ask just to see if the subject matter is presented in a different way so that maybe i will pick up on something which i hadn't seen before. And if "whinning" helps then i'll be happy to do that too.

Thanks,
Leo
Attached Image
  • #6,068
  • Sep 9, 2009 5:12am Sep 9, 2009 5:12am
Quoting Muhammad989
here is the u/j trade setup

Muhammad how do you feel about taking trades in the opposite direction of a major move from the previous day(s)? similar to this U/JPY trade.

I notice that often when a big move down occurs like we have here it creates a lot of 'space' or lack of traffic. This should make it easier for price to move in the opposite direction as it has less congestion to move through. However some Sonic traders have said that it is not advisable to take trades in the opposite direction of a large move from the previous day(s). Would you mind sharing your take on this?

Also, i think i have highlighted an earlier entry point than what you took. What was to stop you from entering the trade earlier at the earlier break i have highlighted? - i hope you can view it clearly.

Thanks,
Leo
Attached Image (click to enlarge)
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  • #6,069
  • Sep 9, 2009 5:57am Sep 9, 2009 5:57am
Hello,

i saw a possible triple top on EJ

I posted my SonicR chart and my H4 SR analysis

Fell free to bring any comments
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: ej 09.09.09 a.gif Size: 13 KB
  • #6,070
  • Sep 9, 2009 5:58am Sep 9, 2009 5:58am
hi leo nice point u took i share u one thing that which i notice and that is trend revers ...Hammer and Bullish engulfing confirmation sonic R ..i suggest u study PA as much as u can ..Hope its help

Muhammad




Quoting Leo.
Muhammad how do you feel about taking trades in the opposite direction of a major move from the previous day(s)? similar to this U/JPY trade.

I notice that often when a big move down occurs like we have here it creates a lot of 'space' or lack of traffic. This should make it easier for price to move in the opposite direction as it has less congestion to move through. However some Sonic traders have said that it is not advisable to take trades in the opposite direction of a large move from the previous day(s). Would you mind sharing your take on...
FxHome
  • #6,071
  • Sep 9, 2009 6:00am Sep 9, 2009 6:00am
Hi all

I am new here
Please can you explain me how this Sonic SHI Channel works? I think how it calculate his position.

Thank you very much
  • #6,072
  • Sep 9, 2009 6:45am Sep 9, 2009 6:45am
Quoting snusnufreak
SL hit. Did i do anything wrong?
I see nothing wrong, snusnu. As TAH said, the timing was a bit questionable. I will trade Asia, but I want to be in a trade within an hour or so of the Tokyo open. After that one hour window, I get more and more cautious. Once we are within an hour or two of Frankfurt, if I'm still awake, I am not looking for a new position.

I was tempted last night to take a long on the GU a bit earlier than your entry. I was tired, and did not take it. But, the point is, sometimes you will have losses. This is one of those times. You identified the waves, placed your bet, and then you let the market decide the outcome. Excellent!

Here is how I saw the GU before I went to bed:

EP: 1.6520
SL: 1.6496
TP1: 1.6548
TP2: 1.6582
Attached Image (click to enlarge)
Click to Enlarge Name: GU 09-08-2009 Sonic Long.jpg Size: 122 KB
  • #6,073
  • Sep 9, 2009 7:13am Sep 9, 2009 7:13am
Quoting Leo.
I'm just the guy in the corner at the back voicing an opinion and a thought to see what your going to say about it. I'll will ask anything to try and get you folk to give an interesting view about this strategy ... i already know what you will say if i ask a question, "waves", "price action", "re-read the thread" are often predictable answers
Hi Leo,

I am not sure what it is you are expecting us to say. Waves, price action, support & resistance are the basis of this strategy. Wouldn't you be more concerned and doubtful if everytime you asked a question we responded with different answers? The answers are predictable because the answers do not change. If you want an ever changing strategy, there are hundreds of threads right here on FF devoted to strategies where the only thing that stays the same form week to week is the name of the thread. The only thing that changes here is that different Sonikers employ different indicators to help identify trend, bias, and S/R. But the strategy itself does not change. Go to Sonic's first posts, and look at his most recent posts. The only thing that has changed is the indicators. But strip out the indicators, and his charts from a year ago look exactly like his charts from this morning.

You speak as though you suspect us of hiding or concealing some secret. Everything is out in the open here. No one is hiding anything. This thread is all about sharing as we learn and what we learn.

As to the advice to read and re-read this thread, well, I for one read this thread all the time. I have been through it completely many times (though it is getting longer and thus each re-reading takes longer than the last). Here is a free resource that explains a strategy based upon price action, not indicators, with thousands of real life examples, most of which were posted in real time by multiple users. And many of those users are willing to lend a hand to those who desire to learn this strategy.

Why are most of the posted set ups winners? Because that is how those set ups played out. I, for one, do not "cherry pick" which trades I post and which I don't. I probably post more losers than anyone here because I tend to trade during Asia, and moves that start in Asia are more prone to fizzle prematurely than during the more liquid European and American hours. When I do post a trade, I usually post it before it triggers, or soon thereafter.

Here, this is a potential SonicR long GU that has not triggered yet ... maybe this will be a loser if it does:

EP: 1.6525
SL: 1.6480
TP1: 1.6570
TP2: 1.6617

I hope you find what you are looking for. If it is here, we will be happy to help you seek it out. If it is not here, then I wish you well as you continue your search.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 09-09-2009 Sonic Long2.jpg Size: 146 KB
  • #6,074
  • Edited 7:29am Sep 9, 2009 7:27am | Edited 7:29am
Quoting ddaytrader
Here, this is a potential SonicR long GU that has not triggered yet ... maybe this will be a loser if it does:

EP: 1.6525
SL: 1.6480
TP1: 1.6570
TP2: 1.6617
Long GU based on the above set-up. I would have liked for a bar close above the Sonic dragon prior to triggering, but you don't always get everything you want.

Let's see if we can get Leo his losing trade!
Attached Image (click to enlarge)
Click to Enlarge Name: GU 09-09-2009 Sonic Long3.jpg Size: 147 KB
  • #6,075
  • Sep 9, 2009 7:30am Sep 9, 2009 7:30am
Here, this is a potential SonicR long GU that has not triggered yet ... maybe this will be a loser if it does:

EP: 1.6525
SL: 1.6480
TP1: 1.6570
TP2: 1.6617

I hope you find what you are looking for. If it is here, we will be happy to help you seek it out. If it is not here, then I wish you well as you continue your search.[/quote]



Hi DD,

I see Lower high and lower low in H1. Big trend is down? Please comment. Thx
Attached Image (click to enlarge)
Click to Enlarge Name: GU Sonic 15.gif Size: 56 KB
  • #6,076
  • Sep 9, 2009 7:46am Sep 9, 2009 7:46am
i m showing pure setup of sonic R ....hope i m right ..it will help u new soonikers ...

Muhammad
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 9 gu buy.gif Size: 25 KB
Click to Enlarge Name: 9 ej buyhit.gif Size: 23 KB
FxHome
  • #6,077
  • Sep 9, 2009 7:52am Sep 9, 2009 7:52am
just re-entry rule need comments ...
Attached Image (click to enlarge)
Click to Enlarge Name: 9 ej buy.gif Size: 24 KB
FxHome
  • #6,078
  • Sep 9, 2009 7:56am Sep 9, 2009 7:56am
Quoting Muhammad989
i m showing pure setup of sonic R ....hope i m right ..it will help u new soonikers ...

Muhammad
Muhammad989,

I fully agree that you are right with your picture. But please let me know why you did not BUY at 1:30 EST time when the price moved up ?


Many thanks,
  • #6,079
  • Edited 8:33am Sep 9, 2009 8:14am | Edited 8:33am
Quoting ddaytrader
Long GU based on the above set-up. I would have liked for a bar close above the Sonic dragon prior to triggering, but you don't always get everything you want.

Let's see if we can get Leo his losing trade!
Sorry, Leo, but you'll have to wait for that losing trade, as I am now moving my stop loss to breakeven after having sat through that reaction back to the SonicR breakout point. So worst case scenario is a "nothing won, nothing lost" result.

Maybe the next one will be a loser ... I'll keep trying

Any Sonikers who took the long on the EU should be at TP1 with a breakeven stop also.
Attached Image (click to enlarge)
Click to Enlarge Name: GU 09-09-2009 Sonic Long4.jpg Size: 146 KB
  • #6,080
  • Sep 9, 2009 8:18am Sep 9, 2009 8:18am
Quoting p2pfast
I see Lower high and lower low in H1. Big trend is down? Please comment. Thx
The only thing that really matters to me is the M15, p2pfast.

I use the higher time frames for S/R only. For me, and others no doubt disagree, all trade decisions are based on the M15 only. If M15 says long, I go long, regardless of the H1, and vice versa for a short.
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