Sonic R. System | Page 631 | 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

  • #12,601
  • May 21, 2010 6:44pm May 21, 2010 6:44pm
Quoting DanPa
Hi Basber, one thing i want to ask you kindly: please remove your signature, change it, because when i am reading it make me sick....the truth hurt!
LOL ! I think you're far away from the easy part danpa I chosed this signature because I believe every single person can make a profit with this business. That's the "easy come" part. But many of them (more than 95%) can't hold those profits. They gave it away because they are unmature and unexperienced in this business and they don't know any thing about it. That's the part for "easy go".

Few traders who are consistantly profitable, had walked that hard @ss road to get where they are now. so their profits didn't came easy and they will never let them all go easily either !

And I think you're on that road, and you've seen the difficulities of this business. So I believe it will not make you sick in near future

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #12,602
  • May 22, 2010 10:29am May 22, 2010 10:29am
Quoting Basber
LOL ! I think you're far away from the easy part danpa I chosed this signature because I believe every single person can make a profit with this business. That's the "easy come" part. But many of them (more than 95%) can't hold those profits. They gave it away because they are unmature and unexperienced in this business and they don't know any thing about it. That's the part for "easy go".

Few traders who are consistantly profitable, had walked that hard @ss road to get where they are now. so their profits didn't came easy and they will...

GOD bless you Basber for your words! God bless you all forex fighter! It is not an easy fight because you fight with yourself most of the time! But i bet we all know that already!

SO, again, god bless you all!

DanPa
  • #12,603
  • May 23, 2010 5:15pm May 23, 2010 5:15pm
Quoting DanPa
GOD bless you Basber for your words! God bless you all forex fighter! It is not an easy fight because you fight with yourself most of the time! But i bet we all know that already!

SO, again, god bless you all!

DanPa
Thanks you Danpa,

You're absolutely right. It's a tough fight ... But it's worth it

It's my pleasure to be helpful

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #12,604
  • May 23, 2010 6:21pm May 23, 2010 6:21pm
Quoting DanPa
[...] forex fighter! It is not an easy fight because you fight with yourself most of the time!
DanPa
Really? I think that forex is a fun playground where everybody is a winner...

Seriously, it is a tough place to earn money and it is truly a dream crusher
for those who seek easy money after reading a few books about it. Actually,
not so long ago I was one of those guys who went "all-in" and expected to
double my money in a week. Well... and that was that; I lost it all.

Some governments (including mine) are rising taxes on income from trading.
They think we are getting it "too easy". I bet those politicians have never
ever tried trading. They would see how much self-exploration, mind shifting,
emotional detachment it requires. They say we add no economical value.
Okay, except books, seminars, trading systems, broker's fees and taxes which
eventually are added to country's consumer price index for services and products.

Market is a breathing, living, responsive organism, who may change his mind
any second (just like my ex girlfriend). Market is my boss and I do what he
tells me to.
cut losses short, let profits run.
  • #12,605
  • May 23, 2010 6:45pm May 23, 2010 6:45pm
Is this a valid trade? did any one else get the signal?
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 41 KB
  • #12,606
  • May 23, 2010 7:00pm May 23, 2010 7:00pm
Quoting MrCBee
Is this a valid trade? did any one else get the signal?
Try to trade in more liquid market (like London open and NY open) to ignore false signals due to low volume if you're a beginner.

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #12,607
  • May 23, 2010 11:02pm May 23, 2010 11:02pm
Quoting Domas4
Really? I think that forex is a fun playground where everybody is a winner...

Seriously, it is a tough place to earn money and it is truly a dream crusher
for those who seek easy money after reading a few books about it. Actually,
not so long ago I was one of those guys who went "all-in" and expected to
double my money in a week. Well... and that was that; I lost it all.

Some governments (including mine) are rising taxes on income from trading.
They think we are getting it "too easy". I bet those politicians have never
ever tried...
"Some governments (including mine) are rising taxes on income from trading. They think we are getting it "too easy". I bet those politicians have never ever tried trading. They would see how much self-exploration, mind shifting, emotional detachment it requires. They say we add no economical value." -

I doubt politicians have any respect for hard work, including the kind referred to. To them, hard work is demeaning...something only lower class persons do. They are hypocrites also. To penalize a group because they add no economic value....well, it is like the pot calling the kettle black!

"Market is a breathing, living, responsive organism, who may change his mind any second..." -

The market is driven by Speculators. They have the money and the mechanisms to move price to where they want it for buying or selling. So, when the Speculators in each segment of the daily session come on line, there is no telling for sure which way the price will go. However, once they do move it one way or the other, and then pour on the activitiy, then they do expose their hand, especially if the Speculators of each session segment all do the same thing.
  • #12,608
  • May 23, 2010 11:05pm May 23, 2010 11:05pm
Quoting traderathome
"Some governments (including mine) are rising taxes on income from trading. They think we are getting it "too easy". I bet those politicians have never ever tried trading. They would see how much self-exploration, mind shifting, emotional detachment it requires. They say we add no economical value." -

I doubt politicians have any respect for hard work, including the kind referred to. To them, hard work is demeaning...something only lower class persons do. They are hypocrites also. To penalize a group because they add no economic value....well,...

Please post your trade when you get in, I will try to follow you for months.

Thanks!
  • #12,609
  • Edited 11:38pm May 23, 2010 11:13pm | Edited 11:38pm
Quoting SharnHoiste
Please post your trade when you get in, I will try to follow you for months.

Thanks!
I am still working on this EU trade from Friday.

Originally, I had 2 TPs set. When price made it to TP1, I closed 1/3. When price receded, I added the 1/3 back into the trade until TP1 again was reached, where I closed that 1/3 again. So, as this week opens, I still have this trade running.

As you can see from the chart, highest NVO is at lowest price, which is consistent with previous activity. And, it is as though this trade is starting all over again. So, I added that 1/3 back once more at the lows.

I have only one TP set for now.
Attached Image (click to enlarge)
Click to Enlarge Name: # 394.gif Size: 41 KB
  • #12,610
  • May 24, 2010 12:22am May 24, 2010 12:22am
Quoting SharnHoiste
Please post your trade when you get in, I will try to follow you for months.

Thanks!
TAH, I told you, you have subscribers
cut losses short, let profits run.
  • #12,611
  • May 24, 2010 12:26am May 24, 2010 12:26am
EU Outlook:

On the H4 we can see price has had three good legs in the run down. And measuring this last run up using the FR study, price has already pulled back to the 50% level of the run up. All this has me thinking price will go higher. That is not to say price might not first be pulled down even more....you can never know what Speculators might do when they come on-line, each during their own segment of the day's trading session. But if pullbacks down are accompanied, and or followed by increased relative trading activity (NVO Histogram), then it would tend to confirm the pullbacks are manufactured only for opportunistic buying, as was the case already earlier in the asian session (M15 chart).

WARNING: Speculation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 395.gif Size: 29 KB
Click to Enlarge Name: # 396.gif Size: 38 KB
  • #12,612
  • May 24, 2010 12:32am May 24, 2010 12:32am
Quoting Domas4
TAH, I told you, you have subscribers
Ok, so Sonicdeejay is the Originator. Basber, Ddaytrader and Domas4 are the Examples. I guess that leaves Traderathome as the Entertainer.
  • #12,613
  • Edited 2:21am May 24, 2010 1:07am | Edited 2:21am
Quoting traderathome
EU Outlook:

On the H4 we can see price has had three good legs in the run down. And measuring this last run up using the FR study, price has already pulled back to the 50% level of the run up. All this has me thinking price will go higher. That is not to say price might not first be pulled down even more....you can never know what Speculators might do when they come on-line, each during their own segment of the day's trading session. But if pullbacks down are accompanied, and or followed by increased relative trading activity (NVO Histogram),...
It appears (M15 chart) Speculators from the Moscow/Dubai TZ have made their drive to lower prices for opportunistic buying. That's two already. I added again at the lows.

Edit: Added second chart. PA ranging. FR study applied to the range has the FR 424% level co-inciding with the Range High for the session (based on current low for session and the average computed range). I may make that level a TP, or at least the whole number just below (1.2700).

Edit: Added third chart. The Frankfurt and London Speculators have now also had a drive down for opportunistic buying. That makes three.

WARNING: Speculation.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 397.gif Size: 38 KB
Click to Enlarge Name: # 398.gif Size: 35 KB
Click to Enlarge Name: # 399.gif Size: 38 KB
  • #12,614
  • May 24, 2010 3:26am May 24, 2010 3:26am
Quoting traderathome
It appears (M15 chart) Speculators from the Moscow/Dubai TZ have made their drive to lower prices for opportunistic buying. That's two already. I added again at the lows.

Edit: Added second chart. PA ranging. FR study applied to the range has the FR 424% level co-inciding with the Range High for the session (based on current low for session and the average computed range). I may make that level a TP, or at least the whole number just below (1.2700).

Edit: Added third chart. The Frankfurt and London Speculators have now also had a drive down...

Nice analysis buddy.
Even though the market was against it.

I learned a lot. By proper MM, the loss is acceptable.

Please continue.

Thanks!
  • #12,615
  • Edited 3:53am May 24, 2010 3:41am | Edited 3:53am
Quoting SharnHoiste
Nice analysis buddy.
Even though the market was against it.

I learned a lot. By proper MM, the loss is acceptable.

Please continue.

Thanks!
"Even though the market was against it..." -

Looking back on charts, how many times before a good run, do we find a whip in the opposite direction? The game is being played out, and it is far from over. Look at H4. Price has been driven down to FR 62% retrace level, which is also previous S&R area. I remain a buyer on good drives down. However, the PA drive down made a good SonicR short trade, which yes, could go even further (M15).

It is a bank holiday in Europe, and there is not much trading activity relatively speaking. So, it is easier for the Speculators to make their drives.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 400.gif Size: 30 KB
Click to Enlarge Name: # 401.gif Size: 42 KB
  • #12,616
  • May 24, 2010 3:48am May 24, 2010 3:48am
Quoting traderathome
"Even though the market was against it..." -

Looking back on charts, how many times before a good run, do we find a whip in the opposite direction? The game is being played out, and it is far from over.
but, have you close your lot by SL? or you still have it?

I understand there's always a opposite burst before the market shows its real direction.
  • #12,617
  • Edited 4:34am May 24, 2010 4:05am | Edited 4:34am
Quoting SharnHoiste
but, have you close your lot by SL? or you still have it?

I understand there's always a opposite burst before the market shows its real direction.
My SL is always manual while at computer, as I have stated in past posts. I remain in the trade. I have been looking at the H4 as though it were an M15. This pullback was not unexpected, as previously posted, only the extent was unknown. As it is, even better buying prices are offered. This trade started last Friday as a non-SonicR trade. Friday and Thursday the market traded extremely heavily at lows. Since then there has been no selloff at highs/no heavy trading at highs. So the logical conclusion is that any drive down is simply to arrange another buying opportunity.

Just my outlook.

That's number four.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 402.gif Size: 36 KB
Click to Enlarge Name: # 403.gif Size: 28 KB
  • #12,618
  • May 24, 2010 7:20am May 24, 2010 7:20am
Quoting traderathome
[...]
I doubt politicians have any respect for hard work, including the kind referred to. To them, hard work is demeaning...something only lower class persons do. They are hypocrites also. To penalize a group because they add no economic value....well, it is like the pot calling the kettle black!
[...]
Ironic, but it's so true
cut losses short, let profits run.
  • #12,619
  • Edited May 25, 2010 2:59am May 24, 2010 10:11am | Edited May 25, 2010 2:59am


Edit: wise move when you put sl be when you get the chance..
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uy 2405.jpg Size: 154 KB
Click to Enlarge Name: gj 2405.jpg Size: 192 KB
  • #12,620
  • May 25, 2010 4:45am May 25, 2010 4:45am
Quesion for the experienced Sonicers: would/do you enter (re-entry at say ~1:00 on chart) in this situation: good wave formation but below Dragon? The type of situation that arises in strongly trending markets?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: au 5-25-10 waves under dragon.gif Size: 63 KB
40 traders viewing now