Sonic R. System | Page 525 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Sonic R.evolution 95 replies

The System Behind the System, by Merlin Jeffries 16 replies

Old School Sonic System + Other Things 11 replies

Knife system, Vegas 4h system related questions. 4 replies

Would you trade this system? New system #2. 10 replies

Attachments: Sonic R. System
Exit Attachments

Sonic R. System

  • #10,481
  • Mar 3, 2010 12:51am Mar 3, 2010 12:51am
Trying to keep an open mind on EU.

The H1 shows a nice hammer at the peak and we have Bearish MACD Div on M15.


EDIT:
TAH, they have just enough time before the LO, to pump it again if they are going to dump it, big time.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 172 KB
Click to Enlarge Name: h1.jpg Size: 163 KB
Starting to see instead of just looking.
  • #10,482
  • Mar 3, 2010 1:11am Mar 3, 2010 1:11am
TAH

Take a look at H4, these last 2 candles highs are within 2 pips of each other at 1.3652 & 1.3654.
M15 is getting that tent look with the chimney on top. Fake out time?
First a fake low, the pump up then BooM!

Talk about convincing myself of this, as you know from my email, I am trying to work this one out myself instead of being thrown the fish I talked about.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: h4.jpg Size: 142 KB
Click to Enlarge Name: m15.jpg Size: 154 KB
Starting to see instead of just looking.
  • #10,483
  • Mar 3, 2010 1:51am Mar 3, 2010 1:51am
Quoting ravin
Danpa did you adjust the SL as TP was not achieved
i was stepped out . SL at breakeven.
  • #10,484
  • Mar 3, 2010 2:21am Mar 3, 2010 2:21am
EU Short
EP 1.3609
SL 1.3657
TP1 1.3557
TP2 1.3515
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu short order.gif Size: 63 KB
Click to Enlarge Name: eu short order 4h.gif Size: 50 KB
  • #10,485
  • Edited 3:29am Mar 3, 2010 2:22am | Edited 3:29am
Almost in EU short.

EDIT:

We have our High & Low, waiting patiently for a possible lower high and the break of the Low.

M15 made a new high but it is at the top of the range on H4.
H4 is ranging, so maybe this last H4 candle will give us nice wave on m15 if it turns into a hammer in the next 2 hours.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 205 KB
Click to Enlarge Name: m15.jpg Size: 184 KB
Starting to see instead of just looking.
  • #10,486
  • Mar 3, 2010 2:38am Mar 3, 2010 2:38am
I am trying to understand you system,

Could you please explain entry and exit points
  • #10,487
  • Mar 3, 2010 3:29am Mar 3, 2010 3:29am
Quoting pipoca
EU Short
EP 1.3609
SL 1.3657
TP1 1.3557
TP2 1.3515
Thank you all for those great posts on EUR especially. Very valuable thread.

Pipoca :

Could you possibly tell me where I can find the CCI ( or combined indicator ) you have on your 4HR chart ? Thank you.

At 10:30 ( GMT+1 ) we have Greek statement in the news. I would be careful with shorts, I also notice the bullish divergence on the 4h chart ( ? ).

Once again thanks !
Be like water.
  • #10,488
  • Edited 3:55am Mar 3, 2010 3:33am | Edited 3:55am
EU Short, I went prematurly on this one
SL hit at 1.3657 and I retook the trade At 1.3655, try to save some pips

EDIT new SL 1.3667
  • #10,489
  • Mar 3, 2010 3:39am Mar 3, 2010 3:39am
Quoting msmarple
Thank you all for those great posts on EUR especially. Very valuable thread.

Pipoca :

Could you possibly tell me where I can find the CCI ( or combined indicator ) you have on your 4HR chart ? Thank you.

At 10:30 ( GMT+1 ) we have Greek statement in the news. I would be careful with shorts, I also notice the bullish divergence on the 4h chart ( ? ).

Once again thanks !
Hello, I am a beginner, so be careful with my statements

The template I use is from Traderathome, u can find a copy in the forum
  • #10,490
  • Mar 3, 2010 3:47am Mar 3, 2010 3:47am
Thanks, I will search. Great description of order flow and participants intentions by tradeathome BTW, this morning on EJ.
Be like water.
  • #10,491
  • Mar 3, 2010 4:07am Mar 3, 2010 4:07am
Quoting jrushing
I am trying to understand you system,

Could you please explain entry and exit points
The explanation of the system, the manual and all indicators are in post one inside the Sonic R V3 zip file.

Sonic recommends new people read the entire thread and demo the system while you are doing so, asking questions about your trades with posted pictures of your Entry point (EP) Stop Loss (SL) Take Profit 1 (TP1) & (TP2).

There is no easy way to circumvent this.
Starting to see instead of just looking.
  • #10,492
  • Mar 3, 2010 4:40am Mar 3, 2010 4:40am
Hi sonic,

What do you think about this trade?
Attached Image (click to enlarge)
Click to Enlarge Name: forexfactory.JPG Size: 75 KB
A small profit is better than a big minus...
  • #10,493
  • Mar 3, 2010 5:32am Mar 3, 2010 5:32am
This short on EU is obviously not happening and we have NFEC news in 2 hours 45 mins with EUR Retail sales news in 35 mins ago.


Might be a bit too risky.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.gif Size: 33 KB
Starting to see instead of just looking.
  • #10,494
  • Mar 3, 2010 5:41am Mar 3, 2010 5:41am
I closed short EU with a small loss (@ 1.3620) -13 pips and ready to take the long
  • #10,495
  • Mar 3, 2010 5:53am Mar 3, 2010 5:53am
Quoting Rastaman
The explanation of the system, the manual and all indicators are in post one inside the Sonic R V3 zip file.

Sonic recommends new people read the entire thread and demo the system while you are doing so, asking questions about your trades with posted pictures of your Entry point (EP) Stop Loss (SL) Take Profit 1 (TP1) & (TP2).

There is no easy way to circumvent this.

Ok Thanks, I have read it several times been using it for a month now. and I am getting my head handed to me on a silver platter. Right now we are bouncing off the 89ema, not quite understanding the princible here
  • #10,496
  • Edited 10:58am Mar 3, 2010 6:49am | Edited 10:58am
Quoting jrushing
Ok Thanks, I have read it several times been using it for a month now. and I am getting my head handed to me on a silver platter. Right now we are bouncing off the 89ema, not quite understanding the princible here
Hi, good job.
What pair are you referring to?
You need to post a screen shot of your charts with your EP, SL, & Tps on them like this.

There is a lot of news going on right now and things are a bit erratic, best to stay away from financial news breaks.


EDIT: The image below is not a trade I was going to take, I just stuck on the Information to show how to put the trade details on a chart.
Attached Image (click to enlarge)
Click to Enlarge Name: pic.gif Size: 40 KB
Starting to see instead of just looking.
  • #10,497
  • Mar 3, 2010 8:00am Mar 3, 2010 8:00am
Quoting tulis
Hi sonic,

What do you think about this trade?
As Sonic and the other senior members are not around, I will give you MHO.

NEWS!!!!

You never know which way the news is going to be taken and things can turn on a dime during news such as this.
Attached Image
Starting to see instead of just looking.
  • #10,498
  • Mar 3, 2010 10:57am Mar 3, 2010 10:57am
My trade today +65 pips
Attached Image (click to enlarge)
Click to Enlarge Name: grafikas5.JPG Size: 69 KB
A small profit is better than a big minus...
  • #10,499
  • Mar 3, 2010 12:27pm Mar 3, 2010 12:27pm
EJ:

Just back and see gradual progress. TP1 was reached, but price is being pulled back again. I continue to see best activity at relative lows, so these cycles up and down are likely the method the Big Dogs are using to shed shorts and go long. The real strong run is future. Right now they need time to coax others into the short side of their trades. Making it look hard to get to new highs, and quick to run back down is a nice way of promoting the hopes of those who would short. Warning: Speculation!

Now, to reality. H4 candles continue to show nice long lower wicks. Bullish. A "W" pattern completion could take PA to 124. M15 shows PA continues upward drift ever since the very high trading activity at the very lows of the previous session, and of the current session. So far, there is no similar acitivity at highs to suggest the Big Dogs are starting to abandon upward PA.......my interpretation of the CCI and trading activity.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 267.gif Size: 23 KB
Click to Enlarge Name: # 268.gif Size: 36 KB
  • #10,500
  • Edited 1:11pm Mar 3, 2010 12:46pm | Edited 1:11pm
EJ Potiential Move Up:

Look at your M15 charts for UJ, then EU, and then EJ. You will see the same thing as with the previous session. The dollar continues strengthening against the yen. The euro continues strengthening against the dollar. But, the euro is not so much strengthening against the yen! Not yet, anyway. Now the math says if A>B and C>A, then C>B! Therefore, why is not the euro climbing more against the yen? Or, maybe the correct question is ......WHEN does the real climb start? The euro and dollar are both up only about 60 pips against the yen (from same starting point in later half of the previous session), but the euro is up against the dollar over 160 pips!

Edit: Are the Big Dogs decided to have their Asian session group start the run, next session? (Warning: Speculation!)

SonicR- Let the market decide!
26 traders viewing now