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Sonic R. System

  • #15,901
  • Edited 2:07am Dec 16, 2010 1:43am | Edited 2:07am
Good morning everybody,
after some time spent trying to synchronize my mind with a bunch of indicators (fighting with them and losing) I came back to SonicR which represents a clear trading method.
So, I will post now and then and welcome your comments, mates.
My today (started yesterday evening) trade was littlebit of early entry but there was a bounce from SR zone after nice fall down so there was a reason to do so.
SL at BE already

EDIT: SL at BE hit..so next time better, hope so :-)

Attached Image (click to enlarge)
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Follow my trading on Twitter and FB: @pumlitch
  • #15,902
  • Edited 3:05am Dec 16, 2010 2:18am | Edited 3:05am
long GU

EDIT: half closed @TP1, then PA hit SL@BE
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Patience is the key.
  • #15,903
  • Dec 16, 2010 2:23am Dec 16, 2010 2:23am
Quoting odges
long GU

Volume makes it a bit confusing for me.. Otherwise seems as a good trade
  • #15,904
  • Dec 16, 2010 2:52am Dec 16, 2010 2:52am
HI:

i'm long on EU.

Regards.
Attached Image (click to enlarge)
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"Being picky only cost your time - not MONEY"...Hans
  • #15,905
  • Dec 16, 2010 3:02am Dec 16, 2010 3:02am
Quoting Pumlitch
Good morning everybody,
after some time spent trying to synchronize my mind with a bunch of indicators (fighting with them and losing) I came back to SonicR which represents a clear trading method.
So, I will post now and then and welcome your comments, mates.
My today (started yesterday evening) trade was littlebit of early entry but there was a bounce from SR zone after nice fall down so there was a reason to do so.
SL at BE already

EDIT: SL at BE hit..so next time better, hope so :-)
Reentered almost at the same level and went out with 30 pips. Don't like going counter trend.
Cheers.
Follow my trading on Twitter and FB: @pumlitch
  • #15,906
  • Edited 4:35am Dec 16, 2010 3:55am | Edited 4:35am
hmm..have re-entered this long, and things went well again..

EDIT: trade closed manually with +30pips..don't understand PA anymore
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Patience is the key.
  • #15,907
  • Dec 16, 2010 4:23am Dec 16, 2010 4:23am
Hi Sonikers,

USD/CHF : Hope it run....

All SonicR Rules are valid for Long.
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  • #15,908
  • Dec 16, 2010 4:40am Dec 16, 2010 4:40am
Quoting Pumlitch
Good morning everybody,
after some time spent trying to synchronize my mind with a bunch of indicators (fighting with them and losing) I came back to SonicR which represents a clear trading method.
So, I will post now and then and welcome your comments, mates.
My today (started yesterday evening) trade was littlebit of early entry but there was a bounce from SR zone after nice fall down so there was a reason to do so.
SL at BE already

EDIT: SL at BE hit..so next time better, hope so :-)

Attachment
Hi Pumlitch!

Welcome back, my friend!

Yeah, it is a tough world outside, in "indicator alley". So glad you returned. Even more so that you had the revelation!

New template/indy package is here: http://www.forexfactory.com/showpost...ostcount=15443
And this will help with it: http://www.forexfactory.com/showpost...ostcount=15554

-TAH
Attached Image
  • #15,909
  • Edited 5:55am Dec 16, 2010 5:03am | Edited 5:55am
Quoting kevinchan
Dude...you had given up on this pair after making some pips on it, so why did you start all over again? I believe after Basber mentioned it. I am
sure he too must have seen some potential after I brought it here.

Infact someone was shorting EG and I commented it was on the wrong side. I went long and hit my target!

Trade what you feel is right, not everything that you see. This is where many many fail and blame others, blame the market, brokers and so on...!

It is you, against ONLY you, there are no PPMs, pumps, dumps, suckers...etc, its all...
Great post, Kevinchan. All can benefit.

I do take exception, however, to the comment "... no PPMs, pumps, dumps, suckers...etc....".

Every time we see a great run, and look at PA preceding it to find a quick move in the opposite direction (maybe even a whipsaw), one has to ask themselves "How did they know?" and "But they did, so how did they get the price to move opposite beforehand, where it is apparent from all that trade volume they got well prepared for the move?"

I have an open challange on Forex Factory for anyone to provide a better explanation. Don't just comment that such activities don't exist. We see them every day! And the folks responsible are out there....stuff like that just doesn't happen majically on its own.

The same kind of folks referred to as the "Thieves of Wall Street" are in the forex market too, big time! And references to the techniques these folks commonly use... pumps, dumps, BARF, etc., ...are common place, and should be common knowledge to all well experienced traders, whether they be in the stock or forex market. We all know of the shenanegans that take place in the stock market, up the extreme of actually using non-existant shares (naked shorting) to drive a stock below a penny, where the naked shorters walk away with millions (understatement) and never even have to "cover".....not commonplace, especially today. But, it has happened when the market was less regulated than it is now. The point is, these same folks, and more of their kind, trade the forex market, too. And, as we all know, the forex market is far, far, far less regulated!

Here is a modest example in the attached pic. PPMs popped up the price for a considerable grab....lots of trading and very little price movement. You would think that all that trading would have resulted in more movement. But they weren't interested in movement, just building a short position. Later, when it was time to execute the move down to close with profit, very little trading moved it to the goal (gee, ain't that surprising). And at that bottom, just one trade could have been of the size necessary to close out all that "they" grabbed at the highs. And these were not "off hours" manipulations, either. But this is just a very small example, from just one pair, this week.

BTW, I was just joshing when I "blamed" you for bringing EG to the thread. Indeed, EG had already been traded here off and on.

Regards,
-TAH
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  • #15,910
  • Edited 6:17am Dec 16, 2010 6:05am | Edited 6:17am
EU:

This could be getting set up for another drop. Look at PA and volume. The higher the price "was worked up", the higher the volume of trades. And there is no telling how large some of those trades might be! This is an impressive display of volume, since the dark bars represent activity that is more than TWICE the average....more than TWICE the average that was actually rapidly increasing with each new higher bar included in that average! And again, this is just a count of trades off the FXDD server. And there is no telling how large those trades are!

This can't be closing of longs, since the price has not recently been low enough to "go long" since the last drive up. So, this must be the opening of short positions. This is not to say that the price won't be "worked up" again, or higher. It probably will be. And we have not yet heard from the US PPMs, who may follow suit in building their own short positions.

But the conclusion is that the price is being "worked" in preparations for another good drive down. Today, tomorrow, next week? That, we don't know. Nor, just how high the price might be "worked" while the PPMs prepare for such a drive down.

There are two high impact USD releases scheduled within the next three hours. A short term senario is that the PPMs will work the price up, while shorting, up to and until the last release. And then possibly trigger a dive.

WARNING: Speculation!
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  • #15,911
  • Dec 16, 2010 6:06am Dec 16, 2010 6:06am
Quoting traderathome
Hi Pumlitch!

Welcome back, my friend!

Yeah, it is a tough world outside, in "indicator alley". So glad you returned. Even more so that you had the revelation!

New template/indy package is here: http://www.forexfactory.com/showpost...ostcount=15443
And this will help with it: http://www.forexfactory.com/showpost...ostcount=15554

-TAH
Hi Buddy,
glad to read your reaction.
Yep, your right..."though world". You know I just needed to try more than one way how to trade and I'm still not finished I guess. Still lot of things to learn. But I am sure Price Action rulez

I know there was a new SonicR release but haven't had time to have a look at that yet. Going to do it soon.

good pips to all

PS: Great to see Sonicdeejay posting
Follow my trading on Twitter and FB: @pumlitch
  • #15,912
  • Dec 16, 2010 6:48am Dec 16, 2010 6:48am
Quoting odges
hmm..have re-entered this long, and things went well again..

EDIT: trade closed manually with +30pips..don't understand PA anymore
Hi odges.

Don't be discouraged. It happens to all of us. And it will continue to. Sometimes it is us....maybe we are tired, or have already built a wrong bias within ourselves. Sometimes it is the PA....it just gets confusing sometimes. And when it does, that is the time to stop trading. Whatever the market is doing, that the PA is confusing to us, just stop trading and give the market time to "shake out" and start forming again PA that makes sense to us.

Your trade was good.....good WAVE, good increased volume while the WAVE was being created, good launch off of the half number support area....all good. And you took profits when you felt you needed to. GOOD!

The only thing I might suggest is that you clean up your chart a bit by removing any indicators you feel are not absolutely necessary, so you can focus on PA WAVES and S&R. You might start with removing the shi-Channel indy, which can help to build a wrong bias within us.

-TAH
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  • #15,913
  • Dec 16, 2010 7:05am Dec 16, 2010 7:05am
Quoting traderathome
Hi odges.

Don't be discouraged....
Thanks TAH for good words . Yes shi-Channel isn't necessary indy and I rarely pay attention on it so it must be thrown out. Only one indy I'm really happy about is Levels x8, superb, thanks to you !
One thing I want to ask you - while I was reading the whole thread I noticed that DDaytrader stops his trading on real account and moving to demo before all these celebrations. Are you doing something like this ?
Patience is the key.
  • #15,914
  • Dec 16, 2010 7:44am Dec 16, 2010 7:44am
Quoting traderathome
Since Basber mentioned a strategy, I've been thinking on EG. If the dollar looks to be getting weaker in EU and GU, which do you trade? Look at EG and pick the stronger. If the dollar looks to be getting stronger in EU and GU, which to trade? Look at EG and pick the weaker. I don't know if this has anything to do with Basber's secret strategy, but since EU is Sonic's #1 pair to trade SonicR, and GU cannot be far behind, then EG could play an important role in SonicR trading of these two pairs. And maybe some day Basber will share his secret strategy....
It's nothing special. I think you've already know it. But I'm working on details. For the last 5 month, it has 8% monthly return with a 3% risk on every trade. I working to optimize it and also I should work more with it to be more confident trading it.

I must say I stole the main idea from you ! LOL !

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #15,915
  • Dec 16, 2010 8:03am Dec 16, 2010 8:03am
Hi:

I'm long on EU since this morning and now i took a EJ long too.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: _16-12-2010_ej_1.gif Size: 28 KB
"Being picky only cost your time - not MONEY"...Hans
  • #15,916
  • Dec 16, 2010 8:08am Dec 16, 2010 8:08am
Quoting Pumlitch
Good morning everybody,
after some time spent trying to synchronize my mind with a bunch of indicators (fighting with them and losing) I came back to SonicR which represents a clear trading method.
So, I will post now and then and welcome your comments, mates.
My today (started yesterday evening) trade was littlebit of early entry but there was a bounce from SR zone after nice fall down so there was a reason to do so.
SL at BE already

EDIT: SL at BE hit..so next time better, hope so :-)

Attachment
Welcome back Pumlitch,

There is a paradox in this business. It's both hard and easy. The ones who passed this hard ass road, knows why I mean.
It's really hard to see it easy, but when you pass it's hardness, your work will be much more easy. And the key to this door, is seeing things easy. Our mind wants to make it difficult. No one can accept it's easy !! that's why traders prefer complicated methods to simple ones.

I have many students that when they finish their classes and they learn just the basics, they are profitbale, but when they start to wander around the net or books too seek more information to make more money, they become loser !

Many of our educators in our entire life (not only forex) had learnt us that "it's hard to live", "it's hard to make money", "it's hard to be successful" and etc. Maybe they are right, it's hard, because if it was that easy, everyone should be a millioner or a successful painter or etc. But the problem is they mostly didn't defined the "hard" right.

This is what I refer to is as a paradox in this business. Many traders thinks "HARD = COMPLICATED", but I experienced the completely opposite thing.

Even if you want to leave this thread and seek for other methods (Yes, even successful methods can be denied, not because they don't work, because they don't fit some's personallity. For example you may be more comfortable trading higher TFs.), search for simple methods ...

Pulmitch, I just used your post to emphasize a very critical issue here. It's not all pointing to you. Consider it as a general post

Afterall, it's just my experience ... and of course my 2 cents

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
  • #15,917
  • Edited 8:58am Dec 16, 2010 8:12am | Edited 8:58am
Quoting nando_rich
Hi:

I'm long on EU since this morning and now i took a EJ long too.

Regards.
very dangerous to as I See the chart on
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  • #15,918
  • Dec 16, 2010 8:17am Dec 16, 2010 8:17am
Quoting traderathome
Attached hereto is a zip file that contains new black and white templates for trading SonicR, and the new indicators these templates use. A very brief summary of the indicators follows:

Main Chart
SonicR Chart Panel-
[color=black][font=Verdana]Places market data panel in upper left of chart. Three sizes available. Also a multi-function indy that creates custom bid line, background levels (@ whole, half, quarter numbers,...
thanx for your system


whats your rules for trade with this system?//
  • #15,919
  • Dec 16, 2010 8:53am Dec 16, 2010 8:53am
Quoting Basber
Welcome back Pumlitch,

There is a paradox in this business. It's both hard and easy. The ones who passed this hard ass road, knows why I mean.
It's really hard to see it easy, but when you pass it's hardness, your work will be much more easy. And the key to this door, is seeing things easy. Our mind wants to make it difficult. No one can accept it's easy !! that's why traders prefer complicated methods to simple ones.

I have many students that when they finish their classes and they learn just the basics, they are profitbale, but when they...
Hi friend,
Been there
That's exactly what I have experienced. The more things I have learned I'm trying to apply ("over-apply") in my trading, the worse the results are.
It is simply complicated (sounds good ) and If you find the way how to make it easy, you win.

A trader have to understand lot of things but it's selfdestructive to try to apply them all in one moment.

I see the PA today is boring (EU, EJ I trade). Lucky that I'm at work so I still have something to do

Cheers guys
Follow my trading on Twitter and FB: @pumlitch
  • #15,920
  • Dec 16, 2010 9:08am Dec 16, 2010 9:08am
Quoting amir558
thanx for your system


whats your rules for trade with this system?//
Hi amir,

The rules are in the very first post. After reading the manual it's recommended that you start to read the whole thread from the beginning.

omidvaram movafagh bashi

Regards,
Basber
Trading methods are designed to put the odds in our favor, not predicting.
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