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Sonic R. System

  • #6,241
  • Sep 12, 2009 11:00pm Sep 12, 2009 11:00pm
DD

Just managed to get some web time which is not easy to come by in China where I am.

Just read with enthusiasm your post about the reasons for always keeping an open mind about PA direction and it is a great post which we should all HEED.

In that post, you mentioned an "Orderly Pullback" I presume it means a high breaking the upper tunnel line and then retracing only into the upper or red sonic tunnel dragon and not going sideways on the way down, for a long trade?

Is depth of the pullback back into the dragon also important, I mean if it retraces into the lower dragon ema is that a possible sign that this trigger may fail?
Starting to see instead of just looking.
  • #6,242
  • Sep 13, 2009 5:01am Sep 13, 2009 5:01am
Basber, DDaytrader, once again many thanks to you guys for sharing and helping others to get through the tough times of understanding and applying the great method of Sonic R. Right now I feel myself like a Price Action which is testing some strong resistance lvl, the only difference that my resistance is the understanding of the whole idea behind the Sonic R, but once that's broken I will definately make new highs! I have a feeling that I'm almost there - thanks to you and your sharing, guys!
  • #6,243
  • Sep 13, 2009 8:12pm Sep 13, 2009 8:12pm
Here is a good SonicR short on the EU. I just opened up the charts and it jumps out as a perfect, classic SonicR. I would have taken this had I been logged on. Closing in on first TP (1.4530) at the H1 channel lower trendline, midpivot, and, if you look back in time to 9/10, yo will see this level corresponds to a S/R zone.
Attached Image (click to enlarge)
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  • #6,244
  • Sep 13, 2009 8:22pm Sep 13, 2009 8:22pm
Quoting ddaytrader
Closing in on first TP (1.4530) at the H1 channel lower trendline, midpivot, and, if you look back in time to 9/10, yo will see this level corresponds to a S/R zone.
TP1 achieved: I have included the S/R zone (yellow rectangle).
Attached Image (click to enlarge)
Click to Enlarge Name: EU 09-13-2009 SonicR Short Asia2.jpg Size: 174 KB
  • #6,245
  • Edited 1:09am Sep 14, 2009 12:36am | Edited 1:09am
EU M15: Trade setup from last week is progressing. Entry was following highest spike....all candles that came down to entry area happened after the highest spike. Next spike up, the last real high one of the day, did not hit SL, so trade continued. Very high relative volume for an early asian session confirmed the pump n' dump antics on Friday, and took PA to within 2 pips of Tp2. PA hiked back up, but is falling again.....

Edit: Tp2 reached.
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  • #6,246
  • Sep 14, 2009 1:07am Sep 14, 2009 1:07am
wellcome all of soonikers here is my new chart + sonic wave
Attached Image (click to enlarge)
Click to Enlarge Name: g u 14 sell.gif Size: 20 KB
FxHome
  • #6,247
  • Sep 14, 2009 2:08am Sep 14, 2009 2:08am
Hello, guys!

Here is my UJ set-up. Need comments!

Thank you!
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy 15m 14.09.09 morning.jpg Size: 187 KB
  • #6,248
  • Sep 14, 2009 2:21am Sep 14, 2009 2:21am
Quoting snusnufreak
Hello, guys!

Here is my UJ set-up. Need comments!

Thank you!

looks valid to me, daily charts showing PA bottoming at bear channel

might be a trend revesal.

TP resonable.

still a CT trade though PA since like having a douple bottom

gd luck
Attached Image (click to enlarge)
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trade safe
  • #6,249
  • Sep 14, 2009 2:26am Sep 14, 2009 2:26am
Quoting zz_zhang
looks valid to me, daily charts showing PA bottoming at bear channel

might be a trend revesal.

TP resonable.

still a CT trade though PA since like having a douple bottom

gd luck
Thank you, ZZ! Now its only up to the market.
  • #6,250
  • Sep 14, 2009 2:34am Sep 14, 2009 2:34am
Quoting Muhammad989
wellcome all of soonikers here is my new chart + sonic wave

nice entry u have mud!

i was zzz, miss it
trade safe
  • #6,251
  • Sep 14, 2009 3:24am Sep 14, 2009 3:24am
tp 1 hit out +90 now set BE
FxHome
  • #6,252
  • Sep 14, 2009 3:41am Sep 14, 2009 3:41am
Thanks for taking the time. Very educational and WORTH PRINTING!

Quoting ddaytrader
Excellent advice ... sometimes we latch on to the left side of the chart (history, as Sonic would say) and we forget that we need to act at the right side of the chart (mystery). Mystery will remain mysterious and thus it will remain dangerous to your capital if you forget this simple fact: price can go up, price can go down, price can go sideways. What I try to do is imagine these three possibilities.

1) What Happens if Price Goes Up from Here?: If price goes up, do I have a previous high close above the dragon? If yes, then has price...
Up or down, gimme a ticket
  • #6,253
  • Sep 14, 2009 4:08am Sep 14, 2009 4:08am
Good morning guys.

Over the weekend, Ddaytrader was talking about the "orderly pullback" that is required before going long or short. Can you please give a clear understanding of what you mean by "orderly"? How far should it pull back to be considered "orderly"? How far is too far and therefore probably negates previous set-up?

Following rules, chart included. This may help you understand why I ask.

Thanks.
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Up or down, gimme a ticket
  • #6,254
  • Sep 14, 2009 4:39am Sep 14, 2009 4:39am
  •  nerd
  • | Joined Jul 2008 | Status: Fate loves the fearless. | 48 Posts
Hi everyone...

I took dis long usdjpy setup...itz against da long-term trend but i think market might pick up da momentum today...
Attached Image (click to enlarge)
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  • #6,255
  • Sep 14, 2009 6:13am Sep 14, 2009 6:13am
Setup on EJ. Not executed Yet.

Buy Stop = 132.20
SL= 131.30
TP1 = 132.45
TP2 = 133.40

I fell that my entry is too late. If I put the entry immediately after the first candle close above the dragon, I will not know how far it will retrace. Please explain.

Please comment on the TP and SL as well. I am using the autopivot for this. Any better way to filter and double confirm?
Attached Image (click to enlarge)
Click to Enlarge Name: ej sonic.gif Size: 28 KB
  • #6,256
  • Sep 14, 2009 6:33am Sep 14, 2009 6:33am
Quoting snusnufreak
Hello, guys!

Here is my UJ set-up. Need comments!

Thank you!
I'm out with +20 right below the daily fib pivot as I need to go out now. Besides that there is no crowd at the marked at this time to move the price and the E-mini is showing us a double bottom which could mean that during US session they will move the market up - not a good sign for a dollar and thus trading in its favor.
  • #6,257
  • Sep 14, 2009 6:36am Sep 14, 2009 6:36am
both Tps hit closed lot one at 60 + and 2nd hit Tp2, 120 + nice start of the week

60+120=180

Muhammad
Attached Image (click to enlarge)
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FxHome
  • #6,258
  • Sep 14, 2009 6:37am Sep 14, 2009 6:37am
Hello, I am new at forum but not recruit in this system. I entered that trade little bit earlier. I think for its too late. It's only my opinion
Attached Image (click to enlarge)
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  • #6,259
  • Sep 14, 2009 6:52am Sep 14, 2009 6:52am
Quoting p2pfast
Setup on EJ. Not executed Yet.

Buy Stop = 132.20
SL= 131.30
TP1 = 132.45
TP2 = 133.40

I fell that my entry is too late. If I put the entry immediately after the first candle close above the dragon, I will not know how far it will retrace. Please explain.

Please comment on the TP and SL as well. I am using the autopivot for this. Any better way to filter and double confirm?
I am also long, i have been following this thread for about 3 months now, silently reading and learning. Last month everything started to click and i ended up making 20% profit in the month. I will now try my best to post my trades.

Thanks sonic and all the senior members here for all your generosity.
Im from Australia (any other auzzies here?) so i usually trade the UK and US sessions. I hope i can contribute some usefull information.

Thanks,
Damo
Attached Image (click to enlarge)
Click to Enlarge Name: 14_09_2009_eur_jpy.jpg Size: 264 KB
  • #6,260
  • Sep 14, 2009 6:55am Sep 14, 2009 6:55am
I took this trade even though it probably wasnt the best wave action due to the double bottom on the H4.

Quoting damo9893
I am also long, i have been following this thread for about 3 months now, silently reading and learning. Last month everything started to click and i ended up making 20% profit in the month. I will now try my best to post my trades.

Thanks sonic and all the senior members here for all your generosity.
Im from Australia (any other auzzies here?) so i usually trade the UK and US sessions. I hope i can contribute some usefull information.

Thanks,
Damo
Attached Image (click to enlarge)
Click to Enlarge Name: 14_09_2009_eur_jpy_4h.jpg Size: 304 KB
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