Sonic R. System

eur/jpy long - I was lucky ,my sl wasn't hit , tp1 was reached and I put my sl to breakeven .
Thinking to re-enter long.
I don't post much becouse I want to read all the thread

Ep is "early" because this is a re-entry into a setup that started the previous time price dropped down thru and out of the Dragon (see yellow rectangle). I could wait for price to drop below previous low, yes, but re-entry rules are more flexible. As it happens, this has gone into ranging again, and I have to wait for the current leg up to end and a new leg down to form. The current leg up could present a breakout up, but I see the price action as ranging to downward over time.

Are you, traderathome, going naked-trading aswell?
I can see your charts being undressed step-by-step
in each of your post

SL (which was at Break Even) hit.

Good day, Sonikers! I spent the day hanging out with a good trading buddy of mine. I did take this EJ long this morning before I went out, same as Muhammad except I entered before price was above the dragon for what I have called an advanced SonicR. You can see how nice the waves off support formed. You can also see I was entering more or less right at the daily pivot. Both TPs were selected by looking at S/R and pivots and fibs. I was going to post it this morning but decided to wait since it was a classic SonicR. As you can see, both TP's hit.

You can make it easy or you can make it hard. Its your choice.

Why even have the Dragon indicator?
The experienced SonicR's seems to take EP's when the trend changes direction in the classic sense.

Make it even simpler....
Go Long when there's a Higher High that proceeds a Higher Low.
Go Short when there's a Lower Low that proceeds a Lower High.

I'll leave you with that thought.
Taking 130 pips today has left me feeling sleepy.

Goodnight all and a special thanks to DD for keeping us on the straight and narrow.

Pablo

I didn't say take them off. You said they were critical. I was simply correcting you by pointing out to other new Sonikers that pivots are not critical. You say dangerous things here that could hurt other new Sonikers. When you say something that I think is misleading or wrong, I'm going to say something.


Do not mistake what is merely useful for something that is necessary.

I'm trying to make sure other new Sonikers aren't made to wear your broken leg. Not everyone comes here with a mental broken leg. Some are merely new traders, and therefore what they need is education, not crutches.


And yet you say they are critical. Amazing.


And yet you say they are critical. Again ... amazing.


Because price moves in waves, dude! Sonic waves!

Hi Guys

I Really Missed Every Single One Of You And Specialy This Thread. I Will Be With You Guys On 17th Feb Of The New Year.
I've Seen Many New Sonicers Here, I Hope Everything Is Going Fine With Them. Hope To See You All Having Green Pips Every Week.

P.S. Thanks For Your PMs Guys

Regards,
Basber

Because the Dragon will keep us safer. If you look at my trade today, we had very clear, well formed, well-defined waves. That is not as common as we would like. The dragon helps make the unclear more clear. Also, note that Muhammad waited for price to close above the dragon before he made his EP. My EP was much higher risk than Muhammad's, even though it was lower. It had a lower risk by SL, but it had a higher risk in that it was lower probability to win than it would have been by waiting.

My buddy who I was with today does trade just like you said, though. He keeps telling me to throw the dragon and the cci and all the rest away. But I find them useful. None of them are necessary. But if something is useful, then why not use it? So long as you are using it correctly, and not mistaking its usefulness for necessity.

Basber!

It's great to hear from you. I know things are not always easy where ou are I worry for you and your family. I'm looking forward to your return to the thread.

All the best,

-DD

There you go again.


New Sonikers, please trade the waves and watch the dragon, and you will be fine.


Rastaman from six months ago:


Sonic's answer:

The indicators are mere tools. The SonicR system is about support and resistance, Highs and Lows, Higher Highs and Higher lows, Lower Lows and Lower Highs, and last, but not least, wave analysis.

This is a message to DD, Rastaman and Sonic. I have now been trading for about 7 months now. I have been using the sonic system but found it hard with so many indicators. After posting my USD/JPY trade which rastaman slatted made me really pissed off but it got me thinking.

So I went out and bought Trade Like Jesse Livermore which i believe sonic has read. This bloke is one of the best traders in history, When he started trading he didn't need loads of indicators you just need to follow the trend and watch for the waves. So now I have 0 indicators just a 15 Min chart still trading the sonic system but with out all the indicators and I find its much easier to trade ( Before anyone starts its easy for me everyone is different). I think the point I am getting at is everyone has there own way at trading if it wasn't for sonic AKA the new Jesse Livermore and the sonic system then I wouldn't be where I am today. Yes the USD/JPY trade was wrong but it only cost me £100 which is nothing.


I think that all the new people on here need to learn the sonic system practice it everyday and at the weekends go over the weeks trading charts and look at how the market moves. Look at where the dragon was when the market started to move and look at the waves which built up to the movement soon you will see a pattern.

So thank you to Rastaman for pissing me off, DD for just answering all the questions that the new people have put and to Sonic for creating such a simple and great system.

"Don't try and anticipate what the market will do next - Simply go with the evidence of what the market is telling you---presenting to you"

Jesse Livermore

I like that... DD...
You help me save, from writing alot of stuff and moreover helping me by hitting all the good points that I want Pablo to take note...


Sonic Wave and Dragon are the important factors of Classic Sonic R....

Sonic Wave is crucial for Advance Sonic R... (I am still reviewing the entry style before I approve it,offically)


http://fitwithandrea.files.wordpress...-poster031.jpg

Cheers

Sonic

Yes, that was another classic Rastaman post that should never have been posted:

SonicR is about S/R, Highs/Lows, and waves, and Rastaman is focused on CCI and tunnel slopes and indicators, indicators, indicators and thus far has failed to see the simple truth of Sonic waves.

Of all things, I find myself short the GU during Asia

At this point, I go to break even on my stop loss because price dropped after entry, rallied, droped to a new low that real quick rejected by the market. At this point, if I get stopped at break even I will just wait for the next SonicR.

Do you see on a very small sale a possible H-L-HL? This would not be a signal to get long, but if you are short, it might be a signal to get flat or move stop loss to break even

My EUR setup for today. See if it triggers. Price hovering above dragon. Breaks higher we go.

Juneman, I feel the same way.

I have a good buddy ... more than a buddy ... he's like a brother to me. In fact, I can honestly say that he's closer to me than I am to my own brother. Anyway, my buddy is a long time trader. He is a prop trader trading stocks for a hedge fund, and he trades futures and fx and options and you name it. He's been through all the struggles, bought all the books, seminars etc like many of us, including me, have done. At some point, he started trading what is basically what you see in SonicR - the waves.

For years he tried to get me to see what he saw. He tried and tried to get me to trade price. But I refused. I clung to indicators. I wanted the Holy Grail. I wanted never to have a losing trade. I would limp along, making a profit here, losing it there. And so on and so forth.

My bud kept telling me to lose the indicators, "Look at support and resistance," he'd say, "Highs and lows, higher highs and higher lows, lower lows and lower highs. Price moves in waves. Watch the waves." I kid you not those were his exact words. But I just didn't have the faith. I couldn't see the simple truth.

I bounced from book to book, software to software, indicator to indicator. I was never a participant at forex factory, but I read the forum every day, looking for the Holy Grail. Then, in October of 2008, Sonic started this thread. It caught my attention because what Sonic was saying is exactly what my buddy had been telling me for years (and I mean years!). But, you know how it is, sometimes you need someone you don't know to tell you something before you believe it. Anyway, Sonic caught my attention, but he did not yet have my full attention. I still fluttered around, trying this and that and the other.

Then, during Christmas break last year, I started again to read Sonic's original manual and to study his young thread. By the time the New Year rolled around, Sonic had my attention.

I followed along in the thread daily. I tried some trades. I fumbled, and tripped, and I picked myself up and tried again. After about six or seven weeks, I posted a few trades. I asked a few questions. Over the course of a week both here in the thread and through PM's I picked the Sonic and a few others brains. Then I shut up and spent the next four months learning to trade.

I studied this thread every day. I read it over and over and over again. I traded and traded and traded. Yupsir, I shut up and learned to trade from Sonic and his thread. Now, I don't mean that you all should shut up and stop posting. If ever I would have had a question, I'd have posted it. But most of the time, the questions I had had already been answered, or someone else had asked it and Sonic or someone else had answered it. My point is this: I knew I was learning. I had nothing to offer anyone here. My buddy is a philosopher type, and he always says you shoud be like Socrates, and "know that you do not know." Well, that's how I was. I knew that I didn't know what I was doing. So I shut up and listened.

By June, I was really starting to do well. Sometime back in May I started to see a hard working guy named Muhammad start posting here. He was still here in June. And he was still here in July. By July, I felt I knew enough that I had earned the right to try to help when I thought I could say something helpful, and so I offered a bit of criticism to Muhammad. Basber asked me why I didn't share more. Well, I really had no good reason not to share some of what I had learned.

I actually do little spot forex trading and most of my trades are futures (EU futures, GU futures, UJ futures). I use the spot forex charts to find my trades. And I only trade currencies. I do not trade stocks, eminis, commodities. Just forex and forex futures. And it is all SonicR, or what I call advanced SonicR. It is all the waves. And the waves have made all the difference.

Anyway, I want to say that if it weren't for Sonic, I'd not be trading like I am today. Finding his thread has been a blessing. It has been a life changer. I hope somewhere along the line some Soniker-in-Training or Soniker-in-training-to be finds this thread and my sharings help him or her the way Sonic has helped me. I know this probably sounds corny, but typing this and thinking about what Sonic has done for me I feel myself almost ready to choke up a bit. I can't tell you how much this little anonymous internet thread has meant to me.

Thank you, Sonic, for sharing

dd well writen and i suppose most of us were in that trap

questions only 2
your mm what % you trade/results if you don't mind
a little personal your choice to answer ; what level of trader are you 3 figure 4 or 5 or could be more