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Sonic R. System

  • #8,801
  • Dec 17, 2009 6:22am Dec 17, 2009 6:22am
Quoting traderathome
GU: New wave cycle = new FEs. Tp1 and Tp2 reached.
Tp3 reached. This was not a disaster, but a really good run. My Tps should have been 100, 162 and 262. Trade closed.
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  • #8,802
  • Dec 17, 2009 6:24am Dec 17, 2009 6:24am
Quoting traderathome
EJ M15: After Tp1 reached, I adjusted the FEs to better align with that first run down. New Tp2 reached followed by quick pull up (players getting in higher before next leg down?). Added Tp3.
Tp 3 reached. Trade closed. This elusive one finally came my way. Tps at 162, 262 and 424......couldn't be more perfect!
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  • #8,803
  • Dec 17, 2009 6:32am Dec 17, 2009 6:32am
Quoting maq
I will try explain Sonic Money Management.
have i missed this?
Quoting Rastaman
Muhammad

I noticed you have two SL, SL1 & SL2, are these just mental SL, like notes to yourself where to exit if the trade goes against you? I mean, if you exit at SL1, what is the point of even having SL 2?

MT4 can not input more than 1 SL?
The use of two stop losses are part of SonicR money management that Sonic suggests once you are trading two lots or more, and this is dealt with early in the thread.

Muhammad has read the whole thread. I know that Muhammad, Basber, Domas, and I have advised Sonikers through our posts to read and study the thread, the whole thread, and to do so over and over. The point of my post this weekend when I saw Muhammad, Domas, and I were on the thread at that same time was not to put down others who were not reading the thread at the time. I was trying to make the point that three Sonikers who are doing well with the system still continue to study.

Too many people want help but are not willing to help themselves.

Too many people want SonicR spoon fed to them and then bite the hand that feeds them.

Too many people are more concerned with the number of posts they write instead of the number of posts they read.

Many take, few give.
  • #8,804
  • Dec 17, 2009 6:33am Dec 17, 2009 6:33am
EU M15: I did not participate in this trade, but look how well price movemnt aligned with the FEs.......
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  • #8,805
  • Edited 9:04am Dec 17, 2009 7:13am | Edited 9:04am
Quoting ddaytrader
The use of two stop losses are part of SonicR money management that Sonic suggests once you are trading two lots or more, and this is dealt with early in the thread....
Morning DD,

I hear and have sympathy with what you say.

As a new Soniker can I say, I find it difficult to know whats current, whose information I can trust and the context of some of the old posts. Even the facts can be rated as 1st Class 2nd Class and Hear-say.

Some Posts back, it was suggested that the SonicR Guide be updated.
I would happily put my time and effort into helping get this published sooner rather than later.
I accept I'm not best equipped to decide the rules/principles themselves but I do know how to ask poignant questions to help determine these. I probably have asked enough to establish most of them now anyway. I just need to separate out the overarching principles from the preferred styles of SonicR.

It would help me and future Sonikers contribute to identifying Winning Trades and yourself from answering the same question 200 times.

Pablo

p.s. I didn't take it personally but felt obliged to speak out for those that do invest time reading this thread several times over, with probably the same results as me.
  • #8,806
  • Dec 17, 2009 7:13am Dec 17, 2009 7:13am
Nice post DD u help me to answer the question of Rastaman, my advice to new soonikers is that plz study all threads and understand wat is sonic system and wat is manual analysis and its take time and practice,once u came to know wat is manual analysis then u will do it at any mrket in the world which provide u chart, hope its help to new commer , sorry 4 bad english

Muhammad



Quoting ddaytrader
The use of two stop losses are part of SonicR money management that Sonic suggests once you are trading two lots or more, and this is dealt with early in the thread....
FxHome
  • #8,807
  • Edited 10:57am Dec 17, 2009 7:30am | Edited 10:57am
DD and TAH,

Can I ask a question about what you look for when adding your Fib Extension for Target Prices please?

The hardest part for me, is which ABC points. Get that right and the rest follows.

I use the nearest Pivot and at least a TP geater than the risk but thought it worth asking the question re ABC points to see if there's more I can apply to greater effect.


Thanks
Pablo
  • #8,808
  • Dec 17, 2009 7:48am Dec 17, 2009 7:48am
Quoting PabloOnFX
Can I ask a question about what you look for when adding your Fib Extension for Target Prices please?

The hardest part for me, is which ABC points.
I'll answer this since I am the one who opened this can of worms and in hindsight I should have kept my mounth shut as this will now become something that will throw new Sonikers off. TAH should probably scale back on posting it as well, and focus more on classic SonicR.

You anchor the fib expansion tool on the wave you are using for the SonicR set up. Don't over complicate it. Also, do not use the fib levels themselves unless it is within an S/R level. You also want to consider where the floor pivot levels are in relation to the fibs and to S/R.

For a new Soniker, it would be best to disregard the fib expansions, and focus on learning to trade based upon S/R. Learn to use S/R, highs and lows, and wave analysis first.
  • #8,809
  • Dec 17, 2009 8:02am Dec 17, 2009 8:02am
trader at home , i entered g/u also but only got in at 7am gmt so it was a perfect sonic re-entry @ 1.6230 , and exited at 1.6144 for 86 pips . shame that this time (for me ) the move started in asia . i have just got to say that in the couple of months since i have been doing sonic R i have never had such a consistentcy of pfofits hitting my trading balance . my wife and kid send their thanks sonic and the rest of the guys that keep the thread going . let us rock !!!!!!
  • #8,810
  • Dec 17, 2009 8:07am Dec 17, 2009 8:07am
Quoting ddaytrader
I'll answer this since I am the one who opened this can of worms and in hindsight I should have kept my mounth shut as this will now become something that will throw new Sonikers off....
Another great reply DD - one for the manual :-)

Your patience with us Newbies is commendable.

Pablo
  • #8,811
  • Dec 17, 2009 8:15am Dec 17, 2009 8:15am
Guys...

I thought I have made it clear about the system in Page 1 and Post 1... with a great manual, well written by Basber...

Read the rest of the posts as well,..it contains tons of examples ..using Sonic R...


Nothing come for free...
You need to invest... your time,,, and learn about the system..
But this is an small amount to pay, compared to the big amount that you can gain to return??

http://www.bingegamer.net/wp-content...09/04/sigh.jpg


So, answer yourself??? Can you do that??

Sonic
  • #8,812
  • Dec 17, 2009 8:20am Dec 17, 2009 8:20am
Bite the hand that feeds them?

More like bites the hand that tries to slap them in the face.


I sincerely hope you are not getting your knickers in a twist again.
Starting to see instead of just looking.
  • #8,813
  • Dec 17, 2009 8:39am Dec 17, 2009 8:39am
Quoting sonicdeejay
Guys...

I thought I have made it clear about the system in Page 1 and Post 1... with a great manual, well written by Basber...

Read the rest of the posts as well,..it contains tons of examples ..using Sonic R...


Nothing come for free...
You need to invest... your time,,, and learn about the system..
But this is an small amount to pay, compared to the big amount that you can gain to return??

So, answer yourself??? Can you do that??

Sonic
Sonic, apologies I've fell into a trap!

Can I make a suggestion to help others avoid the same and create a link with that of Basbers Guide. I wrongly thought this was the guide....

Check out about the essence of Sonic R HERE, find out why the Sonic R set ups have been profitable.

Thanks
Pablo
  • #8,814
  • Edited 10:23am Dec 17, 2009 9:30am | Edited 10:23am
Quoting ddaytrader
I'll answer this since I am the one who opened this can of worms and in hindsight I should have kept my mounth shut as this will now become something that will throw new Sonikers off. TAH should probably scale back on posting it as well, and focus more on classic SonicR.

You anchor the fib expansion tool on the wave you are using for the SonicR set up. Don't over complicate it. Also, do not use the fib levels themselves unless it is within an S/R level. You also want to consider where the floor pivot levels are in relation to the fibs and to...
"TAH should probably scale back on posting it as well, and focus more on classic SonicR." -

Point 1: SonicR is about the WAVE. And it is about S&R as determined by the price chart, not pivots which are calculated from previous prices.

Point 2: Pivots come/came into play as a means to help judge where to place Tps. However, and as ddaytrader so often has reminded, pivots are of value only when they align with S&R. (Comment: So why even bother with pivots? Let us just stay with S&R. Makes sense to me.)

Point 3: I have used FEs for a long time (search my posts on the use of Bollinger band squeezes and FEs). I have adopted the method used by ddaytrader because charts are less "messy" without BBs, the method works just as well, and it saves having to add more "stuff" (BBs) to the SonicR method. The important part of this point is that FEs are DEADLY ACCURATE in aligning with S&R. When you have the right ABCs, the FEs will show you, out of all the past S&R, which levels are the most sensible to use for targets. So, instead of having to scan back in time on charts, and try to judge which S&R to use, the FEs will tell you which ones to use.

Conclusion: Just as the Advanced SonicR should be added to the SonicR method, once it's parameters are decided upon, I believe the use of FEs should be added also. In fact, I see it as an imperative. Lets do away with fussing around with second hand pivots and the task of qualitative analysis of S&R, and learn to use FEs ASAP! IMHO just as price movement about the Dragon is the best way to find entry into a classic SonicR trade, FEs are the best way to find exits from a classic SonicR trade....both parts being fundamentally dependent upon the WAVE.

Here is the chart....... And here is another chart......
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  • #8,815
  • Dec 17, 2009 9:36am Dec 17, 2009 9:36am
Quoting Rastaman
Bite the hand that feeds them?
It is time for you to go. But since you won't, and since no one else here seems willing to speak up and tell you that you are being an a$$, I will go. Why will I go? Because I've given too much here to take the stuff out of your mouth, phony that you are, and have everyone else silently support you mouth. 1600 posts you have without a live account, and yet you offer criticism to others? Phony.
  • #8,816
  • Dec 17, 2009 9:49am Dec 17, 2009 9:49am
i would prefer rastaman to go and dday trader to stay .dday posts valuable information that is essential to making money .just use pivot points to take profits . if the markets move 40 pips past the last pivot point that you exited on, so what . it was a winner wasnt it . can we have a vote please
  • #8,817
  • Dec 17, 2009 10:02am Dec 17, 2009 10:02am
I am with DD, I think Rastaman just needs to chill out a bit and stop being such a C**k.
  • #8,818
  • Dec 17, 2009 10:12am Dec 17, 2009 10:12am
Quoting mcdonnellc
i would prefer rastaman to go and dday trader to stay .dday posts valuable information that is essential to making money .just use pivot points to take profits . if the markets move 40 pips past the last pivot point that you exited on, so what . it was a winner wasnt it . can we have a vote please
My vote would be for everybody to stay, but to please put away their arrogance.....trade it in for some humility. Forgive, forget, shake hands and move forward as a team.
  • #8,819
  • Dec 17, 2009 10:15am Dec 17, 2009 10:15am
I have no great standing on this thread to be worthy of a say.
I've probably contributed to some of the frustrations recently by asking the same old, same old.

I have no beef with Rastaman but DD I have valued both your wisdom and honourable defence for the thread.

Thanks
Pablo
  • #8,820
  • Dec 17, 2009 10:19am Dec 17, 2009 10:19am
Quoting traderathome
My vote would be for everybody to stay. But they need to put away their arrogance.....trade it in for some humility, forgive, forget, shake hands and move forward as a team.
I find it remarkable, TAH, that you think my posts have been arrogant. I have been anything but. Everything I have said and done here in this thread has been to keep the thread straight, to help others learn, and to weed out the misleading and erroneous input of others. Everything R- does and says is for his own self-aggrandizement. He is the one, who rather than debate the issues and confront his own short comings decided instead to stoop to name calling and insults.

You ought to go back re-read the exchange between R- and me, and see who was arrogant.

There is no forgive, there is no forget.
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