Sonic R. System | Page 682 | 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

  • #13,621
  • Jul 19, 2010 2:16pm Jul 19, 2010 2:16pm
Stopped out EJ manually. -45 pips. I should have just stuck by the rules and my own original judgement.

"Trade what you see, not what you think," or so Im told.
  • #13,622
  • Jul 19, 2010 2:31pm Jul 19, 2010 2:31pm
I thought it might be more honest and instructional (self as well) to post losses too.

-45 pips on the EJ. Originally I cancelled my trade as it is end of session overlap. Then I put the same trade back on when price looked like it was breaking down.

Now it looks like I may have been faked out and price might go in my favor.

But, everything reversed and had breakout bar in the opposite direction of my trade and the retrace. So, I was out as I didn't want to take my full risk hit of 3%

So not only did I break the session rule I also broke my own personal rule of not letting other peoples analysis color my own judgment. (Also the tunnel was flat at time of trade)

P.S. yep looks like I was faked out. Also USD/CHF which I was taken out of at BE of course broke out in my direction without going near my intial SL I HATE MONDAYS!!!
Attached Image (click to enlarge)
Click to Enlarge Name: ejj19thloss.gif Size: 23 KB
  • #13,623
  • Jul 19, 2010 2:42pm Jul 19, 2010 2:42pm
Quoting KumoDragon
Stopped out EJ manually. -45 pips. I should have just stuck by the rules and my own original judgement.

"Trade what you see, not what you think," or so Im told.
I look forward to see what the next SonicR setup looks like.

So far, PA has remained in this high range area, the same one from last week. This entire range is serving a purpose for the profs., imho.....keep price moving up and down while closing longs and openning shorts. It is really hard to stay in a trade, opened with the expectation of a drop out of the range, if the SL is too close to the PA.

WARNING: Speculation!
Attached Image (click to enlarge)
Click to Enlarge Name: # 788.gif Size: 39 KB
  • #13,624
  • Jul 19, 2010 2:53pm Jul 19, 2010 2:53pm
EU M30 - nice MACD divergence and price is close to the trend line. Can you feel it? It's comming. (whatever it is)
But for me...tomorrow. Almost time to fall asleep.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd19_7.gif Size: 27 KB
Follow my trading on Twitter and FB: @pumlitch
  • #13,625
  • Jul 19, 2010 3:04pm Jul 19, 2010 3:04pm
EU:

Since this day is getting done with, and boring at that, here is some more speculating.....

The whole purpose of opening the week with a gap down, and later filling the gap with a move that started low and ran strongly up, was to get the "herd" to go long. Many will have gone long on the basis of believing the gap would be closed; many more on the strong break to the upside (the SonicR long play). As these traders went long, it created the liquidity the profs needed to close longs and go short; longer thinking trading for a move south....a much, much bigger move.

It is two days now that PA has been in a high area. How much longer will it take to herd the sheep to the fleecing? That is my question.

WARNING: Speculation! (...for sure!)
Attached Image (click to enlarge)
Click to Enlarge Name: # 789.gif Size: 33 KB
  • #13,626
  • Edited 4:48pm Jul 19, 2010 3:10pm | Edited 4:48pm
Quoting Pumlitch
EU M30 - nice MACD divergence and price is close to the trend line. Can you feel it? It's comming. (whatever it is)
But for me...tomorrow. Almost time to fall asleep.

Attachment
Yes! I can feel it coming!
Attached Image (click to enlarge)
Click to Enlarge Name: # 790.gif Size: 35 KB
  • #13,627
  • Edited 5:29pm Jul 19, 2010 4:47pm | Edited 5:29pm
EU:

But Divergence/Convergence is not part of the SonicR method. And it really doesn't tell you anything that PA isn't saying. And waiting for the outcome can sometimes be interminably long, just as it is with waiting for the SonicR proper HL sequence to form up. If one thinks that the MACD with Divergence/Convergence is an infallible predictor, then just remember this.......MACD follows PA, not the other way around.

It is just one more "technical" way of looking at PA that entices traders to become reliant, instead of developing the art of reading PA waves.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 791.gif Size: 37 KB
Click to Enlarge Name: # 792.gif Size: 31 KB
  • #13,628
  • Jul 20, 2010 1:02am Jul 20, 2010 1:02am
Quoting traderathome
EU:

But Divergence/Convergence is not part of the SonicR method. And it really doesn't tell you anything that PA isn't saying. And waiting for the outcome can sometimes be interminably long, just as it is with waiting for the SonicR proper HL sequence to form up. If one thinks that the MACD with Divergence/Convergence is an infallible predictor, then just remember this.......MACD follows PA, not the other way around.

It is just one more "technical" way of looking at PA that entices traders to become reliant, instead of developing the art of...
Hi!
Sure MACD is just a PA mirror, but for me it's pretty helping as it shows something what I very often can't see in price chart. Maybe in the future I will not need any indys but for now I am happy for them.
Follow my trading on Twitter and FB: @pumlitch
  • #13,629
  • Jul 20, 2010 1:23am Jul 20, 2010 1:23am
Quoting traderathome
Post your chart so I can see what you are talking about.
And FFCal (Light) is not my latest version for SonicR.

Attached Image (click to enlarge)
Click to Enlarge Name: 443564xxxxx.gif Size: 49 KB



This is what I'm referring to. See how it shows 16, 77 (today's range is 77). Yestersay's range is not 16. So why does it show 16 is my question. Thanks
  • #13,630
  • Edited 12:22pm Jul 20, 2010 4:38am | Edited 12:22pm
eur/jpy trade
edit:half of position closed with 50 pips sl to be
other half stop lossed.lesson lerned-don't be to greedy
Attached Image (click to enlarge)
Click to Enlarge Name: a.gif Size: 23 KB
  • #13,631
  • Jul 20, 2010 5:46am Jul 20, 2010 5:46am
Experince Sonic Traders, please advice when you think it is safe to take profit here, I,m now at+46 pips. I target 1.5165.
Attached Image (click to enlarge)
Click to Enlarge Name: my tradegu.gif Size: 25 KB
  • #13,632
  • Jul 20, 2010 6:07am Jul 20, 2010 6:07am
Quoting zecco
Experince Sonic Traders, please advice when you think it is safe to take profit here, I,m now at+46 pips. I target 1.5165.
I would preffer S2 Daily pivot level as a PT.
I am not very experienced but this works quite well. A move over S2 or R2 is not very usual.
Attached Image (click to enlarge)
Click to Enlarge Name: gu20_7.gif Size: 24 KB
Follow my trading on Twitter and FB: @pumlitch
  • #13,633
  • Jul 20, 2010 6:33am Jul 20, 2010 6:33am
Quoting Pumlitch
I would preffer S2 Daily pivot level as a PT.
I am not very experienced but this works quite well. A move over S2 or R2 is not very usual.
Attachment
I actually used S2 daily pivot level plus spread ++safe pips to arrive at my target of 1.5165
  • #13,634
  • Jul 20, 2010 6:43am Jul 20, 2010 6:43am
Quoting Pumlitch
I would preffer S2 Daily pivot level as a PT.
I am not very experienced but this works quite well. A move over S2 or R2 is not very usual.
Attachment

you have to do that would be the line of resistance were not in full screen?? Sorry for English.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 184 KB
  • #13,635
  • Jul 20, 2010 6:44am Jul 20, 2010 6:44am
Quoting Pumlitch
I would preffer S2 Daily pivot level as a PT.
I am not very experienced but this works quite well. A move over S2 or R2 is not very usual.
Attachment
Thanks, moved target to 5169, and it has just been hit. Thank God. +62pips.
  • #13,636
  • Jul 20, 2010 6:52am Jul 20, 2010 6:52am
Quoting Eynshteyn
you have to do that would be the line of resistance were not in full screen?? Sorry for English.
I am very sorry but I did not get the point of your query. Some one else, maybe, can help..?
Follow my trading on Twitter and FB: @pumlitch
  • #13,637
  • Jul 20, 2010 7:10am Jul 20, 2010 7:10am
Hello! would like the link to download the Sonic.
formated the pc and unfortunately forgot to save sonic.
've looked several pages ago but have not found it.

I await the link to the page where the sonic for this download.

grateful for the help
  • #13,638
  • Jul 20, 2010 7:12am Jul 20, 2010 7:12am
Three awesome setups on EU/EJ/GU. This is one of those day I wish I was up for the london session.
  • #13,639
  • Jul 20, 2010 7:27am Jul 20, 2010 7:27am
long USDCHF, news coming out at 8:30, we'll see what happens with that!!
Attached Image (click to enlarge)
Click to Enlarge Name: post.gif Size: 14 KB


Yes Kumo, we missed some good trades. Seems like a lot of these big runners occur during London session. Might be worth getting up for daily.
"Be the change that you wish to see in the world." --Gandhi
  • #13,640
  • Jul 20, 2010 7:32am Jul 20, 2010 7:32am
EU: +85pips today. Very nice.
However I also lost eg. 20pips as I moved my SL to close. My usual fault.
Follow my trading on Twitter and FB: @pumlitch
13 traders viewing now