Sonic R. System | Page 529 | 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

  • #10,561
  • Mar 5, 2010 10:13am Mar 5, 2010 10:13am
Quoting traderathome
DanPa, why does your order line on the chart show "sell"?
Disregard it TAH, it is an call made by my wife during the NFP (and she forget it... anyway here is FXOPEN ( nano account) MT4... i work on DBFX.

i am now at +50 pips 90% out ; Sl +30.. waiting for what market will give for the rest

REgards,
DanPa
  • #10,562
  • Mar 5, 2010 10:17am Mar 5, 2010 10:17am
GU:

TP1 reached. Half of trade closed.
Attached Image (click to enlarge)
Click to Enlarge Name: # 297.gif Size: 26 KB
  • #10,563
  • Mar 5, 2010 10:33am Mar 5, 2010 10:33am
Quoting DanPa
ep 1.5050
SL ...now is at 1.5060 ( +10pips)
TP1 5078 ( already take half of lots here for +23 pips )
TP2 1.5135

thank you sonicr!!!!!!

TP reached +85 pips!
  • #10,564
  • Mar 5, 2010 10:36am Mar 5, 2010 10:36am
just closed mine .. time to sleep ...btw.. whats with UJ and EJ .. wow ..very high volume in a instant ..

Attached Image (click to enlarge)
Click to Enlarge Name: 6th-1228-gu.jpg Size: 131 KB
  • #10,565
  • Mar 5, 2010 11:16am Mar 5, 2010 11:16am
Hoping it comes our way to Enter
Attached Image (click to enlarge)
Click to Enlarge Name: MYEU trade upcoming.JPG Size: 120 KB
  • #10,566
  • Mar 5, 2010 11:48am Mar 5, 2010 11:48am
Quoting ravin
Hoping it comes our way to Enter
Anything could happen. But keep in mind it is Friday...NFP Friday at that. Perhaps the Big Dogs have all made their play and are heading out for the weekend.
  • #10,567
  • Mar 5, 2010 12:24pm Mar 5, 2010 12:24pm
Quoting traderathome
Anything could happen. But keep in mind it is Friday...NFP Friday at that. Perhaps the Big Dogs have all made their play and are heading out for the weekend.
Thanks TAH,
It is a nice set up so i went ahead.....All indis confirmed as attached trade...
Attached Image (click to enlarge)
Click to Enlarge Name: MYEU trade update2.JPG Size: 124 KB
  • #10,568
  • Mar 5, 2010 12:34pm Mar 5, 2010 12:34pm
Quoting ravin
Thanks TAH,
It is a nice set up so i went ahead.....All indis confirmed as attached trade...
good luck with the trade.. i canceled that one. too sleepy ..
  • #10,569
  • Mar 5, 2010 1:52pm Mar 5, 2010 1:52pm
GU:

TP2 reached. Closed quarter. One quarter left running. I will close it just before end of market, no matter where price is.

Edit: I decided just to close it all now.
Attached Image (click to enlarge)
Click to Enlarge Name: # 298.gif Size: 27 KB
  • #10,570
  • Mar 5, 2010 2:13pm Mar 5, 2010 2:13pm
Quoting LittleTrader
good luck with the trade.. i canceled that one. too sleepy ..
10$ i jus closed.
Heading for the week-end so dont wanna keep it opened.
BTW consumer credit news gud for the $.

That news may do some TRicks i guess.
Happy week-end
  • #10,571
  • Mar 7, 2010 6:31am Mar 7, 2010 6:31am
ravin your EP is lower than High ..not a 'real' breakout ...how do you explain that ?
  • #10,572
  • Mar 7, 2010 2:41pm Mar 7, 2010 2:41pm
Quoting mistersimple
ravin your EP is lower than High ..not a 'real' breakout ...how do you explain that ?
You are right i closed the deal as i was a bit early on to the entry and it was friday.
  • #10,573
  • Edited 6:17pm Mar 7, 2010 5:58pm | Edited 6:17pm
EJ:

Just monitoring this, since it is the asian session. I note they pumped it up with good trading at the highs on the pump. And there is a gap up to boot. So, might we look for some downside play later? Maybe down to the Daily pivot, for 120+ pips for the "lucky" outfit that ran it up and shorted above the 123.60 area?
Attached Image (click to enlarge)
Click to Enlarge Name: # 299.gif Size: 26 KB
  • #10,574
  • Mar 7, 2010 6:54pm Mar 7, 2010 6:54pm
And, look at EJ 4H: looks like it could bounce down off SHI channel.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ 4H 3-7-10.jpg Size: 112 KB
  • #10,575
  • Mar 7, 2010 9:26pm Mar 7, 2010 9:26pm
Quoting traderathome
EJ:

Just monitoring this, since it is the asian session. I note they pumped it up with good trading at the highs on the pump. And there is a gap up to boot. So, might we look for some downside play later? Maybe down to the Daily pivot, for 120+ pips for the "lucky" outfit that ran it up and shorted above the 123.60 area?
Morning Folks.

TAH, any chance you can point me to the page with the NVO histogram you are using on the chart in the post above. Just want to use the same one as you so I can see more clearly when you comment about it.

Thanks
Starting to see instead of just looking.
  • #10,576
  • Mar 7, 2010 10:06pm Mar 7, 2010 10:06pm
I see heavy volume traded at the highlighted area (Big Players getting ready for to short heavily or vice versa...

BTW the long trade on EU hit TP1 area though i closed it on friday for 10$profit, The reason being when studying through the earlier threads i found out we keep our But stop at least 10pips higher that H area for long.(thanks to mistersimple for highlighting it as well)
Attached Image (click to enlarge)
Click to Enlarge Name: What this means GU.JPG Size: 115 KB
  • #10,577
  • Mar 7, 2010 10:18pm Mar 7, 2010 10:18pm
Quoting Rastaman
Morning Folks.

TAH, any chance you can point me to the page with the NVO histogram you are using on the chart in the post above. Just want to use the same one as you so I can see more clearly when you comment about it.

Thanks
Good morning, Rastaman, It is attached.
Attached File(s)
File Type: mq4 NVO Histogram (White).mq4   7 KB | 573 downloads
  • #10,578
  • Edited 10:59pm Mar 7, 2010 10:37pm | Edited 10:59pm
I have a question.

From the very start of learning trading, I have constantly gone through what I term TIKTKID, Thinking I Know, Then Knowing I Don't!

At first these cycles were swift, in the sense that the thinking I know period, would be very short and maybe last one or two days, later on one or two weeks, this TIK bit would then be totally obliterated by a fresh piece of knowledge or the market reaction in the other direction to what I had expected.

If the the Knowing I Don't know, bit lasted more than a couple of weeks, I would then run off to find another indicator to rely on, probably as I could not accept the fact that I was responsible for making the decision that I thought I knew whatever it was that I did not know. Either that or perhaps it was worse, perhaps it was the fact that I could not allow myself to be wrong! I think this is the WORST psychological factor possible in trading, because it makes us stick to a losing trade and lose more, simply because we can not accept that we were wrong and accept the SL. I used to move my SL away from price, hoping price would magically turn in my direction, it didn't at least not before I would now need to place another trade in the same direction as the first trade to compensate for the loss. Again, this is another example of not accepting a loss. Someone said, "If you find yourself in a deep hole, Stop digging". And this is very clear to me now.

Anyway, I digress, I wanted to ask others if they also experienced these cycles of thinking we know then knowing we don't, phenomena?

Anyone?
Starting to see instead of just looking.
  • #10,579
  • Mar 7, 2010 10:39pm Mar 7, 2010 10:39pm
Quoting traderathome
Good morning, Rastaman, It is attached.

Thanks T
Starting to see instead of just looking.
  • #10,580
  • Mar 7, 2010 11:05pm Mar 7, 2010 11:05pm
Quoting Rastaman
I have a question.

From the very start of learning trading, I have constantly gone through what I term TIKTKID, Thinking I Know, Then Knowing I Don't!

At first these cycles were swift, in the sense that the thinking I know period, would be very short and maybe last one or two days, later on one or two weeks, this TIK bit would then be totally obliterated by a fresh piece of knowledge or the market reaction in the other direction to what I had expected.

If the the Knowing I Don't know, bit lasted more than a couple of weeks, I would then run...
What about TIKTKIK? Happens to me with each new indicator....thinking I know, then (later, after using indicator) knowing I knew!.....(that no indicator is going to improve trading!).
54 traders viewing now