Sonic R. System | Page 646 | 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

  • #12,901
  • Jun 21, 2010 2:02am Jun 21, 2010 2:02am
Quoting traderathome
Aye, Capt'n! Keep yer powder dry, mates!

(For the life of me, I cannot understand why the world gives a friggin poop about the yuan. The chinese communist party manipulates its value relative to other currencies without regard for anything but their own objectives. Just like they make crap, dump it all over the world, and give a rats ass about quality. This past week I bought (and broke) two "made in china" garden tools! Fortunately, I have a 50 year old "made in USA" tool to fall back on! And gee, I never knew stainless steel could rust....not...
I dont think there will be ever again any product 100% made in usa, not for electronics at least...


and I guess you cross the street when you see a 0,99 cents store....
  • #12,902
  • Edited 2:23am Jun 21, 2010 2:05am | Edited 2:23am
To Sonicdeejay.....

PA should be on the "L" vLine now on your chart. And the extension panel clock should show London time as just after 8am their local time. Hope this helps.
Attached Image (click to enlarge)
Click to Enlarge Name: # 515.gif Size: 28 KB
  • #12,903
  • Jun 21, 2010 2:14am Jun 21, 2010 2:14am
Quoting amlavor
I dont think there will be ever again any product 100% made in usa, not for electronics at least...


and I guess you cross the street when you see a 0,99 cents store....
Well, garden tools are not electronics. I mean how hard is it to make a hand spade with a shank that goes all the way up thru the handle. Must be quite difficult for the communists. Their shanks are short, and make a simple tool subject to very early failure. BTW, the two I broke cost a lot more than what might be in a "99 cents" store! And stainless steel that rusts?........how did they manage that piece of artisanship? And poisonous drywall......? By some stretch of the imagination one might begin to consider such crap sold around the world as some sort of conspiracy. Really, I mean can the communist managers that run the communist factories really be that stupid?
  • #12,904
  • Jun 21, 2010 2:30am Jun 21, 2010 2:30am
Quoting traderathome
Well, garden tools are not electronics. I mean how hard is it to make a hand spade with a shank that goes all the way up thru the handle. Must be quite difficult for the communists. Their shanks are short, and make a simple tool subject to very early failure. BTW, the two I broke cost a lot more than what might be in a "99 cents" store! And stainless steel that rusts?........how did they manage that piece of artisanship? And poisonous drywall......? By some stretch of the imagination one might begin to consider such crap sold around the world...
Your spade is made by small factory with less than 100 people and it is private limited company. The quality attributes to the boss his own conscience.
  • #12,905
  • Jun 21, 2010 2:36am Jun 21, 2010 2:36am
TAH, how do you watch the market now?
it's allowed trading time and the price stays in relative high place.
  • #12,906
  • Jun 21, 2010 2:37am Jun 21, 2010 2:37am
Quoting SharnHoiste
Your spade is made by small factory with less than 100 people and it is private limited company. The quality attributes to the boss his own conscience.
I guess communism and conscience are mutually exclusive. The products were crap. And private limited company or not, the "made in china" label is, for me, now as tarnished as my "made in china" stainless steel BBQ.
  • #12,907
  • Jun 21, 2010 2:40am Jun 21, 2010 2:40am
Quoting traderathome
I guess communism and conscience are mutually exclusive. The products were crap. And private limited company or not, the "made in china" label is, for me, now as tarnished as my "made in china" stainless steel BBQ.

No more communism any more. The whole society is capitalized.
I am surrounded by these kind of product all the day.

Lucky you born and live in the USA!
  • #12,908
  • Edited 2:54am Jun 21, 2010 2:43am | Edited 2:54am
Quoting SharnHoiste
TAH, how do you watch the market now?
it's allowed trading time and the price stays in relative high place.
I read Sonic's remark about the yuan blip, and my guess is the forex prof. traders simply used it as an excuse to gap up, and later again pump up the price....achieving and keeping high ground for building short positions. If it wasn't the "yuan thing" they probably would have done it anyway, because if this is slated to be run down later, it has nothing to do with the yuan thing. And planning for it has been in the works since last week. You understand this is pure speculation based on what I see in the relationship between PA and NVO at different times. This could be "staging" for a move down. And I could be totally wrong. Anyway, I made a small short trade at 1.2458.....not a SonicR entry for sure.
Attached Image (click to enlarge)
Click to Enlarge Name: # 516.gif Size: 29 KB
  • #12,909
  • Jun 21, 2010 2:53am Jun 21, 2010 2:53am
Quoting traderathome
If I understood Sonic's remark about the yuan blip, my guess is the forex prof. traders simply used it as an excuse to gap up, and later again pump up the price....achieving and keeping high ground for building short positions. If it wasn't the "yuan thing" they probably would have done it anyway. You understand this is pure speculation based on what I see in the relationship between PA and NVO at different times. This could be "staging" for a move down. And I could be totally wrong. Anyway, I made a small short trade at 1.2458.....not a SonicR...
Could you please explain a bit more on the relationship of NVO and PA?

The increasing volume at the top usually means building position?

during the rush down in M5 chart, the volume is also increasing, which is more significant.
That's why?

Thanks!
  • #12,910
  • Edited 3:37am Jun 21, 2010 3:05am | Edited 3:37am
Quoting SharnHoiste
Could you please explain a bit more on the relationship of NVO and PA?

The increasing volume at the top usually means building position?

during the rush down in M5 chart, the volume is also increasing, which is more significant.
That's why?

Thanks!
That long bear candle.....if you look at M1 you will see it dropped 42 pips in one minute, on extremely high relative trading, which I interpreted as genuine selling. I was comforted when I saw the pump back up on much less trading....resetting to the highs in an attempt to sell some more up there. And later, when PA regained the very highs, trading increased for a number of TFs. It all looked like traders were favoring the highs. That and the previous run off of the highs on very high activity looked like selling to me, and a small short trade entry up there seemed to be of small risk.

Currently PA is presenting us with an EP Zone for a SonicR short trade, with good previous trading activity. It will be best if we first get another pullup, to create a new wave and a lower high.....
Attached Image (click to enlarge)
Click to Enlarge Name: # 518.gif Size: 29 KB
  • #12,911
  • Jun 21, 2010 4:25am Jun 21, 2010 4:25am
Anyone took that UJ long on 15m? looks like a nice Sonic trade setup to me... Higher Low just on the TRO .... Im outside now, didnt take the trade... will post the chart once i get back home later ... cheers..
Discipline is PRIMARY, Method is Secondary.....
  • #12,912
  • Jun 21, 2010 5:49am Jun 21, 2010 5:49am
Quoting Dabestone
Anyone took that UJ long on 15m? looks like a nice Sonic trade setup to me... Higher Low just on the TRO .... Im outside now, didnt take the trade... will post the chart once i get back home later ... cheers..

It's late for long setup I think

and in 4H chanel looks like could be down
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpyyyyy.gif Size: 22 KB
  • #12,913
  • Jun 21, 2010 7:27am Jun 21, 2010 7:27am
GU short

Attached Image (click to enlarge)
Click to Enlarge Name: gu short.jpg Size: 84 KB
  • #12,914
  • Jun 21, 2010 8:01am Jun 21, 2010 8:01am
EJ short order pending,
Edit : if there is a good retracement to fib 61 or 50 , I will try an entry
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu short sonic order.gif Size: 50 KB
Click to Enlarge Name: ej 4h.gif Size: 52 KB
  • #12,915
  • Jun 21, 2010 8:04am Jun 21, 2010 8:04am
I Shorted at 113.16 on 5m time frame after looking at the 15min. closed the trade at 112.80 for 31 pips profit. (Spread deducted).
  • #12,916
  • Jun 21, 2010 8:15am Jun 21, 2010 8:15am
Quoting ozzieb88
I Shorted at 113.16 on 5m time frame after looking at the 15min. closed the trade at 112.80 for 31 pips profit. (Spread deducted).
Sometimes ago Sonikers spoke about advanced Sonic entry. It is an early entry, based on wave pattern (EP on a new LL or HH) before the Dragon was broken. If some pratice the Sonic that way, could you give us some hints and advices ?
  • #12,917
  • Edited 8:29am Jun 21, 2010 8:17am | Edited 8:29am
Quoting pipoca
Sometimes ago Sonikers spoke about advanced Sonic entry. It is an early entry, based on wave pattern (EP on a new LL or HH) before the Dragon was broken. If some pratice the Sonic that way, could you give us some hints and advices ?
Im not sure about advice... just trying to see it myself. Seems to work though. I seem to check the longer time frames then drop down to 5 mins for entry. But I dont go for long targets just what the chart shows me. I dont even know if im doing it correctly but will post how I did it this morning.

Oz
Attached Image (click to enlarge)
Click to Enlarge Name: EJ trades 2106.JPG Size: 74 KB
  • #12,918
  • Jun 21, 2010 8:32am Jun 21, 2010 8:32am
What do you think guys?
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy2010-0621.gifaaaaaaaaaaa.gif Size: 19 KB
  • #12,919
  • Jun 21, 2010 8:46am Jun 21, 2010 8:46am
GJ is setting up for short entry.
  • #12,920
  • Jun 21, 2010 9:32am Jun 21, 2010 9:32am
Both the pairs have hit major resistance..Its gonna drop guys..
40 traders viewing now