Sonic R. System | Page 725 | 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

  • #14,481
  • Sep 13, 2010 8:21pm Sep 13, 2010 8:21pm
EJ Short Trade Update:

This Friday trade is now at BE area. My outlook is that if the asian traders have begun the drive down now, then the euro or US traders will, after possibly re-pumping it, continue the drive down.

On the chart, only for illustrative purposes, I have included the most recent Wave and EP. But it is before Approved Hours. Nevertheless, it is an example.

There is nice trading activity on this asian session move down. Still, the eruo/US traders might pump it before putting on their selloff.

WARNING: Speculation!
Attached Image (click to enlarge)
Click to Enlarge Name: # 209.gif Size: 33 KB
  • #14,482
  • Sep 14, 2010 2:35am Sep 14, 2010 2:35am
Tah your forum posts,traiding pictures are golden grail to this sonic R system,I discovered a lot of experience from your traiding pictures and forum post and my result of this system with time and patience is going better and better

Im in eurusd long,mabey it a little bit risk, but Im in...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 24 KB
  • #14,483
  • Sep 14, 2010 4:09am Sep 14, 2010 4:09am
Quoting Doncex
Tah your forum posts,traiding pictures are golden grail to this sonic R system,I discovered a lot of experience from your traiding pictures and forum post and my result of this system with time and patience is going better and better

Im in eurusd long,mabey it a little bit risk, but Im in...
This, my post, follows yours by about 1.5 hours. I see an "indecision" spinning top candle on H4. Sonicdeejay reminds us to refer to H4 for any clues as to which way to look for a SonicR trade on M15. This "indecision" prompts me to suggest you keep close cautionary watch on any EU move until more clues to direction are available. The move up/out of current range on M15 might just be a head fake. It was a move to a whole number, where it stopped (for now). So this might be prepping for a run down.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 210.gif Size: 27 KB
Click to Enlarge Name: # 211.gif Size: 28 KB
Click to Enlarge Name: eurusd.gif Size: 24 KB
  • #14,484
  • Sep 14, 2010 4:22am Sep 14, 2010 4:22am
EU Watch:

Not much of a Wave, but it still might go south. It might putter around until US session and THEN go south. There is just no telling right now. That last M15 tall candle down, however, is something to consider....
Attached Image (click to enlarge)
Click to Enlarge Name: # 212.gif Size: 27 KB
  • #14,485
  • Sep 14, 2010 4:28am Sep 14, 2010 4:28am
my EUR short
Attached Image (click to enlarge)
Click to Enlarge Name: eu short 14-sept.jpg Size: 139 KB
  • #14,486
  • Sep 14, 2010 4:33am Sep 14, 2010 4:33am
EJ:

I am in this short. There is a new Wave for a SonicR short, and PA has failed at whole number resistance (for now). So, this might go down. US session traders might pump it a bit first. There is just no telling. But it looks bearish now.
Attached Image (click to enlarge)
Click to Enlarge Name: # 213.gif Size: 35 KB
  • #14,487
  • Sep 14, 2010 4:54am Sep 14, 2010 4:54am
Quoting beachboy
my EUR short
Attachment
beachboy, please help me understand which waves are related for sonicr short entry ?
Patience is the key.
  • #14,488
  • Sep 14, 2010 5:18am Sep 14, 2010 5:18am
Quoting traderathome
This, my post, follows yours by about 1.5 hours. I see an "indecision" spinning top candle on H4. Sonicdeejay reminds us to refer to H4 for any clues as to which way to look for a SonicR trade on M15. This "indecision" prompts me to suggest you keep close cautionary watch on any EU move until more clues to direction are available. The move up/out of current range on M15 might just be a head fake. It was a move to a whole number, where it stopped (for now). So this might be prepping for a run down.
Tah thanks for your comment. it was a risk long (eurusd),bad news kills, hit my stoploss

Now I look in gbpusd long
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd15.gif Size: 24 KB
Click to Enlarge Name: gbpusd4h.gif Size: 31 KB
  • #14,489
  • Sep 14, 2010 5:19am Sep 14, 2010 5:19am
GU long trade. As it's CT trade I'll put SL@BE a soon as PA reaches FE 100 level. Of course it can go other way earlier
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 22 KB
Patience is the key.
  • #14,490
  • Sep 14, 2010 5:36am Sep 14, 2010 5:36am
Quoting odges
GU long trade. As it's CT trade I'll put SL@BE a soon as PA reaches FE 100 level. Of course it can go other way earlier
Yep, it can go either way.

Daily chart shows it now trending down, and recently bouncing along the Trend line, which itself has the appearance of starting to roll over.

The H1 chart has an "indecision" spinning top a couple hours back. Since then the range has been constricting. So this could be prepping for a breakout, which could go either way. But I do see bearish signs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 214.gif Size: 27 KB
Click to Enlarge Name: # 215.gif Size: 24 KB
  • #14,491
  • Edited 6:57am Sep 14, 2010 5:45am | Edited 6:57am
I propose a short USD/JPY...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uj short 15m.gif Size: 42 KB
Click to Enlarge Name: uj short 4h.gif Size: 53 KB
  • #14,492
  • Sep 14, 2010 6:17am Sep 14, 2010 6:17am
Tentative EU short on re-entry, I noticed that EU 4h topped on its range.
First target will be 1.2800 (psy level)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu short 15m.gif Size: 50 KB
Click to Enlarge Name: eu short 4h.gif Size: 55 KB
  • #14,493
  • Edited 7:32am Sep 14, 2010 6:57am | Edited 7:32am
UJ short : I already close this trade at BE, UJ looked forming a HL. So I am out, maybe I will re-enter at same level

Edit : cancelled short EU , I am waiting for new opportunities
Attached Image (click to enlarge)
Click to Enlarge Name: uj short close.gif Size: 49 KB
  • #14,494
  • Sep 14, 2010 9:48am Sep 14, 2010 9:48am
Finally today it was a good day for me
I could not post trade before trigger, things went too fast

Short USD/CHF both TP hit
Long EUR/USD both TP hit
Short USDJPY TP1 hit SL @83.04 now for remaining position
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdchf short 15m.gif Size: 46 KB
Click to Enlarge Name: eu long order 15m.gif Size: 47 KB
  • #14,495
  • Sep 14, 2010 9:50am Sep 14, 2010 9:50am
Following...

How to catch these moves like with USDCHF ? Maybe I am too careful with TP2, when I am setting it or my trade management is too tight ?

Comments welcome !
Attached Image (click to enlarge)
Click to Enlarge Name: uj short 15m bis.gif Size: 49 KB
  • #14,496
  • Edited 10:09am Sep 14, 2010 9:56am | Edited 10:09am
EU Pairs Pump:

It is very interesting that the EU pairs just got a quick pump up minutes before the "Buba President Weber Speaks" release. Attached charts area examples of the pump.

Edit (about 5 minutes after the release): I am suspicious that the PPMs figured by jumping the gun they would fool others into thinking this is starting a whole new trend up for the euro, while they took the short side of every long trade opened! And to "cement" the ruse, they continue the pump a bit afterwards, still heavily shorting!

WARNING: Speculation!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 217.gif Size: 35 KB
Click to Enlarge Name: # 218.gif Size: 28 KB
  • #14,497
  • Sep 14, 2010 10:14am Sep 14, 2010 10:14am
Quoting odges
GU long trade. As it's CT trade I'll put SL@BE a soon as PA reaches FE 100 level. Of course it can go other way earlier
EDIT: revenge !! TP 1 hit.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 75 KB
Attached Image
Patience is the key.
  • #14,498
  • Sep 14, 2010 10:27am Sep 14, 2010 10:27am
EU, Some Speculation:

Closing last week, PA seemed to be in a Pump 'n Dump mode (EJ, too). Now that the start of this week is up and running, it looks like that mindset continues.

Even before the latest release, PA started getting pumped by the PPMs. They pumped it up to the next whole number. And now it is at a 50-62% FR retrace level (see chart 1) where there was previous consolidation. This would be a good level to consolidate again, for a much bigger move down, ending up maybe as much as 700-1,200 pips down from here (see chart 2).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 219.gif Size: 41 KB
Click to Enlarge Name: # 220.gif Size: 30 KB
  • #14,499
  • Edited 10:58am Sep 14, 2010 10:30am | Edited 10:58am
Quoting odges
EDIT: revenge !! TP 1 hit.
Congratulations!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 221.gif Size: 36 KB
Click to Enlarge Name: # 222.gif Size: 38 KB
Click to Enlarge Name: gu long.jpg Size: 75 KB
  • #14,500
  • Sep 14, 2010 1:12pm Sep 14, 2010 1:12pm
Quoting Doncex
Tah thanks for your comment. it was a risk long (eurusd),bad news kills, hit my stoploss

Now I look in gbpusd long
Well my two gbp/usd long orders have reached takeprofit

+90pips with gbpusd(two orders)

and -40 with eur/usd,

American session make a good spike up
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd15.gif Size: 24 KB
Click to Enlarge Name: gbpusd4h.gif Size: 31 KB
33 traders viewing now