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Sonic R. System

  • #10,181
  • Feb 23, 2010 6:33am Feb 23, 2010 6:33am
TODAY, I didnt take any trade with SONICR .
YET ...
  • #10,182
  • Feb 23, 2010 7:10am Feb 23, 2010 7:10am
Quoting snusnufreak
I took out 70 pips on EJ and 50 pips on GU as well, nice day.
Missed EU though, because was waiting for Sonic R to form, but it just droped.
Hope everybody else had nice pips too.
Can u show these setup's on charts?
  • #10,183
  • Feb 23, 2010 7:37am Feb 23, 2010 7:37am
Quoting DanPa
I know i have to work on my skills ... i am newbie, right?!.. also, i encourage you all to teach me any time regarding anything. I am dedicated to this business full time, so i will need everything i can get; and i know it is a lot to learn! it is a very complex business!

THANK YOU BASBER, THANK YOU RASTAMAN!
Hi,
I Really Wish To Help Someone In Anyway That I Could Who Is Really Trying Hard On This Business.

All You Need Is Not Anyones Support, All You Need Is Your Time And Effort.

It's Not a Complex Business, Human's Nature (Greed, Inflexibility To New Situations, etc.) Make It Complex ...

I Sometimes Got Surprized That Why In The Hell 2% - 5% Traders Will Be Consistantly Profitable And The Others Failed ... I'm Seeing It Even In This Little Community ... From The Beginning Of This Thread, Or Many Other Succesful Methods, How Many Traders Stayed ? I Think There Are Only 10 to 15 Traders Here Stayed And Fight For Their Own Goodness. All The Others Left ... That's Where 95% Failiure Came From ...

If You Really Try Hard, You'll See How Easy It Was ... But Like I Said Before, Reaching The Level To Seeing Things In This Business Easily Is Very Hard.

If You Have Lower Than 1 Year Overall Experience With This Market, DO NOT TAKE LIVE TRADES UNTIL YOU BECOME PROFITABLE FOR THREE MONTHS IN A ROW.

P.S. : There Was a Very Very Beautiful Setup On U/J Today That I'd Taken. I Didn't Had Time To Post The Chart. Now First TP Hit For +30 Pips And The Rest Is At BE. Here's The Chart .....

Regards,
Basber
Attached Image (click to enlarge)
Click to Enlarge Name: 050a (m15 - entry).gif Size: 31 KB
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,184
  • Feb 23, 2010 7:42am Feb 23, 2010 7:42am
Quoting mistersimple
hi and thanks for your system..not bad at all this morning on eurusd!!!
did anyone tried it on crosses like euraud or eurcad? or scandis...
thanks
Hi MisterSimple,

Welcome It Works On Any Pair. It Depends On Waves, Not Some Nonsence Indicators. So It Will Even Work On Other Markets Too I Believe.

I Prefer To Trade Pairs With Smaller Spread (Because It Indicates a Better Liquidity, So It's More Safe To Trade)

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,185
  • Feb 23, 2010 7:51am Feb 23, 2010 7:51am
Quoting Basber
Hi,

P.S. : There Was a Very Very Beautiful Setup On U/J Today That I'd Taken. I Didn't Had Time To Post The Chart. Now First TP Hit For +30 Pips And The Rest Is At BE. Here's The Chart .....

Regards,
Basber

I will do my best to learn this sistem as i like it very much!

The UY short i was not able to take...i was afraid because of that LH who break the tunel...(where my arrow is)
Attached Image (click to enlarge)
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  • #10,186
  • Feb 23, 2010 8:01am Feb 23, 2010 8:01am
Quoting Vytautas
Can u show these setup's on charts?
Sure, here you go.

The EJ set-up:

On friday we had a bounce from important cluster: Murray Math lvl + ADR high for previous week. I had a divergence on MACD, I had several inside bars on 1H TF on that level which told me that the move was on its way. The Sonic R setup which is H-L-LH is shown on the picture, EP was 123.95 - right below the bar that closed below the channel Profit target was set to 123.05 which is right above ADR low (122.93) for this week and a whole number as well, however I exited earlier @ 123.25. This is my biggest problem right now: when I see profit, I wanna exit as soon as possible, thats why I cut my profits. I guess I just need to start going outside when I'm in the position ))

The GU Set-up:

1H TF bounced of the importand lvl as well 1.5556 is ADR High for this week.

I entered Using 5M chart and Sonic-R set-up there. My profit target was 1.5410 which is above a whole number and ADR low lvl, however I closed my sell @ +50 pips, because was once again scared that it might not drop that far.

Hope it helps.
Regards,
Snu
Attached Image(s) (click to enlarge)
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  • #10,187
  • Feb 23, 2010 9:13am Feb 23, 2010 9:13am
is it just me or lately the movement is really active at Asian/UK session ..
  • #10,188
  • Feb 23, 2010 9:39am Feb 23, 2010 9:39am
asia today outperformed on EU .. (due to RBA comments)...
yeah very very nice system ..daaamn if i knew that before, i wld save my money on these stupid EA's
// i mix your system with THV .. actually i look at your dragon to add more to position...

i will test on some crosses when i got results i ll throw it here
  • #10,189
  • Feb 23, 2010 9:51am Feb 23, 2010 9:51am
snusnufreak, thanks.
  • #10,190
  • Feb 23, 2010 10:22am Feb 23, 2010 10:22am
Yeah, I have been dumbfounded by PA these last two days, just didn't like the feel of the market at all.

Hopefully,it will settle down and so will I.
Starting to see instead of just looking.
  • #10,191
  • Feb 23, 2010 10:39am Feb 23, 2010 10:39am
Quoting DanPa
I will do my best to learn this sistem as i like it very much!

The UY short i was not able to take...i was afraid because of that LH who break the tunel...(where my arrow is)
I Took The Trade Before What You've Mentioned (If I Don't Get You Wrong). Look At Red Vertical Line. It's The Entry Candle.

Anyway, Second TP Hit For Another +60 Pips.

Regards,
Basber
Attached Image (click to enlarge)
Click to Enlarge Name: 050a (m15 - entry).gif Size: 32 KB
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,192
  • Feb 23, 2010 10:45am Feb 23, 2010 10:45am
Quoting mistersimple
asia today outperformed on EU .. (due to RBA comments)...
yeah very very nice system ..daaamn if i knew that before, i wld save my money on these stupid EA's
// i mix your system with THV .. actually i look at your dragon to add more to position...

i will test on some crosses when i got results i ll throw it here
Sometimes When I See Message Like These, I Really Respect What Happens To Them. Mister, You Didn't "Waste" Your Money. You've Learnt a Lesson That Worth It. Unfortunately I Didn't Know Any Successful Trader That Didn't Lose Some Big Money.

I Did It Before, It's Better On It's Own. If It Was Better, Be Sure I'd Put It Here. Just Concentrate On One System. I'm Not Saying THV Doesn't Work. It Just Didn't Fit My Personallity. First I Wanted To Keep Some Of THV's In Sonic, But I Found Out They Don't Need Each Other That Much.

Hope It Helps. Contribute More If You Like To Grow Faster.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,193
  • Feb 23, 2010 10:50am Feb 23, 2010 10:50am
Quoting LittleTrader
is it just me or lately the movement is really active at Asian/UK session ..
Hi LT,
Yeah, Most Of Big Moves Started In Asia Session Lately, Specially Last Big E/U Bearish Move ...

Quoting Rastaman
Yeah, I have been dumbfounded by PA these last two days, just didn't like the feel of the market at all.

Hopefully,it will settle down and so will I.

Hi RM,
It's Better To Put Your Feel Aside And Trade What You See. If You Trust a System, It Doesn't Need Your Feelings. It'll Be Profitable. As You See, There Was Some Good Setups That You Didn't Took Because Of Your Feel ! Not Taking Good Trades That TP is Hit, Is as Bad as Taking a Loss.

I Know How It's Like To Take The First Trade. But Trust Your Method And Shoot !

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,194
  • Edited 1:39pm Feb 23, 2010 11:05am | Edited 1:39pm
hmm .. i wonder why .. and im in the same boat with Rastaman. Something doesnt feel right . i didnt have any trade this week. I wanted to trust the system but with the 1:1 risk/reward ratio this year and there's also plenty of fakeouts recently ..I not so sure i wanted to trade in this market conditions ..

What should i do ? i cant afford no trade days too much since 100% income is depend on it .. sigh ...

Btw Basber, whats the purple line on your chart ?
  • #10,195
  • Feb 23, 2010 11:26am Feb 23, 2010 11:26am
Quoting Basber
Hi LT,
Yeah, Most Of Big Moves Started In Asia Session Lately, Specially Last Big E/U Bearish Move ...




Hi RM,
It's Better To Put Your Feel Aside And Trade What You See. If You Trust a System, It Doesn't Need Your Feelings. It'll Be Profitable. As You See, There Was Some Good Setups That You Didn't Took Because Of Your Feel ! Not Taking Good Trades That TP is Hit, Is as Bad as Taking a Loss.

I Know How It's Like To Take The First Trade. But Trust Your Method And Shoot !

Regards,
Basber

Thanks for the reply Basber.

Yes, I agree with you that it is better to take the trade and get the SL hit than not pull the trigger. However, I don't know Monday and today I saw a lot of fake outs. To be honest, I was not that concerned that I get the SL hit on a live trade, I am more concerned that my first trade will get faked out in this current market and then I will not trust either my decision or the waves. Now, if I don't trust my decision, that is ok, I can just go back to demo and work on the problem but, if I end up not trusting the waves that would be much worse.

Tomorrow, I will pull the trigger one way or the other or I will end up with analysis paralysis.
Starting to see instead of just looking.
  • #10,196
  • Feb 23, 2010 2:04pm Feb 23, 2010 2:04pm
Quoting LittleTrader
hmm .. i wonder why .. and im in the same boat with Rastaman. Something doesnt feel right . i didnt have any trade this week. I wanted to trust the system but with the 1:1 risk/reward ratio this year and there's also plenty of fakeouts recently ..I not so sure i wanted to trade in this market conditions ..

What should i do ? i cant afford no trade days too much since 100% income is depend on it .. sigh ...

Btw Basber, whats the purple line on your chart ?
Do You Mean 89 EMA ? I Don't See Any Other Purple Line In My Chart ...

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,197
  • Edited 2:24pm Feb 23, 2010 2:20pm | Edited 2:24pm
Quoting Rastaman
Thanks for the reply Basber.

Yes, I agree with you that it is better to take the trade and get the SL hit than not pull the trigger. However, I don't know Monday and today I saw a lot of fake outs. To be honest, I was not that concerned that I get the SL hit on a live trade, I am more concerned that my first trade will get faked out in this current market and then I will not trust either my decision or the waves. Now, if I don't trust my decision, that is ok, I can just go back to demo and work on the problem but, if I end up not trusting the...
Fear Of Trading (Because Maybe Your SL May Be Hit) & Be Conservative About Taking a Position Is Two Completely Different Things.

If You Don't Know Monday, It's All Right. Nothing's Wrong With It. Try It On Demo Until You Know It. If You Didn't Take a Position Because That Setup Didn't Meet Your Criteria, Perfect, Stay Out Of It ... If You Make Yourself Some Rules For Taking You Into Trade And Some Of Them Didn't Made You Satisfied, All Right, Stay Out Side ... It's a Very Good Way To Make Money Out Of This Business ...

But ! If You Didn't Took The Trade Because You Just Don't "Feel" Good, That's Going To Cause You Some Problems.
RM & LT, I Believe Feelings Of This Kind, Don't Have any Place In This Market. You Have Your Own Rules, You Plan Your Trade, You Buy/Sell, Place Orders, Then Wait To See What Will Happen. There Is No Feeling !! You Know Why ?
Because Feeling Is Not a Things That You Can Write It On Paper, It's Just Some Woo-Hoo Thing In Your Mind, Caused By Fear Of Loss Or Fear Of Being Wrong. If You Can't Write It As a Rule On a Paper, It's Not a Rule, And When It's Not a Rule, You Don't Know Whether It's Going To Work For You Or Not, Even If It Did, You Don't Know What's The Source Of The Feeling To Be Able To Get Help From It The Next Time ...

As I Said, It's Two Different Things If You Are Trading By Your Rules.

For Example I Don't Have Any Rule That Hold Me From Trading On Mondays. If You Have, Stick To It As Hard As You Can !!

I Don't Want To Force You To Make a Trade. I'm Saying This Because I Was In This Situation For Many Months. You Know What ? Some Day I Was Thinking To My Self That "What The Hell Is My Feeling Doing Here ? Sometimes It's Right, Sometimes It Wrong, Without Any Explanation"

Yes ... Without Any Explanation ... That's The Weak Point About Hasitating On Trading With Your Feelings.

Rastaman, I Suggest You Be Much More Selective As You Can With Setups, But As You Know, Even Best Setups May Turn Into Losers. So Don't Have any Expectation From Your First Trade. Just Trade By Your Rules, And I'm Sure You'll Be Fine.

I'd Put Asside The Burden On My Back On The Day I Realized This ... :
"Just Try To Grow Your Trading Skills, Don't Worry About Your Money Account, Money Will Come ..."

And It Did ...

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #10,198
  • Feb 23, 2010 3:11pm Feb 23, 2010 3:11pm
just as promised some trades (demo): closed at avg. +40-50 for 5-6 different crosses..i was a bit disappointed by EU in the afternoon, shld have taken AU or NU ..anyway EU is the best indicator for AU,NU,UCAD,UCHF and crosses accordingly... JPY are a bit tricky to me but works fine as well..

i think with time we shld trade without any indicator...as it s just a 'simple' 123 breakout (waves) = or + fibo projection...

thnks again mate
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  • #10,199
  • Feb 23, 2010 3:21pm Feb 23, 2010 3:21pm
as u could see my entry (if we missed previous swing) was at break of support(low)
of course...
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  • #10,200
  • Feb 23, 2010 3:28pm Feb 23, 2010 3:28pm
ok u can see on the 1st chart EC 5m didnt work out.. ok hard to say what exactly happened BUT: candlestick pattern cld warn me of possible pullback...
the angle of swing is lower than previous (losing steam?) and
needed to confirm on m15 chart... (2nd chart)
for conservative maybe trade on m15?
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