Sonic R. System | Page 898 | 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

  • #17,941
  • Feb 28, 2011 6:28am Feb 28, 2011 6:28am
Quoting traderathome
It was a nice run/pump/manipulation back up.....and totally consistent with all I have been saying about how the PPMs are playing this one since the first of the year. As you can see, they have pumped it back to the last high ground. The story isn't over. And the ending is becoming even more clear with each such manipulation.

I am glad you made pips on your non-SonicR play. Now people will have another to criticize for such trades, not just me! And I am glad Sonic commented on your non-SonicR trade with encouraging words. That should put to...
You should consider the fact that huge love for USD might become very expensive
  • #17,942
  • Edited 6:52am Feb 28, 2011 6:38am | Edited 6:52am
Quoting sali
You should consider the fact that huge love for USD might become very expensive
My bearish outlook on EU is not due to any misplaced huge love for USD.

Take a look at GU. There has been a complete absence of news to promote the pump. However, we do have USD news forthcoming. So, like with EU, it got the pump beforehand, with higher volume coming in after the pump was well underway, and highest volume coming at the absolute highs. Figure it out.
Attached Image (click to enlarge)
Click to Enlarge Name: # 643.gif Size: 31 KB
  • #17,943
  • Feb 28, 2011 6:45am Feb 28, 2011 6:45am
Quoting traderathome
My bearish outlook on EU is not due to any misplaced huge love for USD.
I noticed on your posts that you always bet on dollar strength. I've attached Daily char for USD index which I use and I don't see any little sign of dollar straightening.... at least not yet. Maybe you will find it usefull...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 37 KB
  • #17,944
  • Feb 28, 2011 6:56am Feb 28, 2011 6:56am
Quoting sali
I noticed on your posts that you always bet on dollar strength. I've attached Daily char for USD index which I use and I don't see any little sign of dollar straightening.... at least not yet. Maybe you will find it usefull...
Do the currencies go up/down based on Dollar Index, or does the Dollar Index go up/down based on currencies. Using one to guage the other is like the cat chasing its tail!

No thanks. For the time being, I will stick to the short side of such as EU and GU.
  • #17,945
  • Feb 28, 2011 7:11am Feb 28, 2011 7:11am
EU Short Trade Update:

Added during this swing high and new EP average is 1.3708. Have a pending order higher, just in case.
Attached Image (click to enlarge)
Click to Enlarge Name: # 644.gif Size: 33 KB
  • #17,946
  • Feb 28, 2011 7:11am Feb 28, 2011 7:11am
Quoting traderathome
I will stick to the short side of such as EU and GU.

By the time..when it really turned.. many astute traders already make $$ from Longs..

Pls trade what you see.. not what you think most of the time..

Sonic
  • #17,947
  • Feb 28, 2011 7:13am Feb 28, 2011 7:13am
Quoting sonicdeejay
By the time..when it really turned.. many astute traders already make $$ from Longs..

Pls trade what you see.. not what you think most of the time..

Sonic
What I see is both the Dragon and Trend lower than the last time PA made this high area on Friday. Also, on H4, I see even Big Money is becoming less eager at these highs.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: # 646.gif Size: 29 KB
Click to Enlarge Name: # 645.gif Size: 35 KB
  • #17,948
  • Feb 28, 2011 7:15am Feb 28, 2011 7:15am
Chilling Monday night..
It is at the overhead resistance and it will not break easily..see what the news bring..

Too late to long or too early to short for me..I may short for itchy finger small pips..just like what I did last Friday..




Sonic

P.S still holding some longs that opened weeks ago..with +400 pips..
Attached Image (click to enlarge)
Click to Enlarge Name: shi.gif Size: 50 KB
  • #17,949
  • Edited 7:33am Feb 28, 2011 7:18am | Edited 7:33am
Quoting traderathome
What I see is both the Dragon and Trend lower than the last time PA made this high area on Friday.
Now you get caught with your avergae pric @ 1.3708 with many SHORT lots. (min 3 lots or may be more..)

you are simply/blindly adding risk Sir..

I am not saying I am right but look like it has been making money for past few weeks..

No more saying from me..
Sonic
  • #17,950
  • Feb 28, 2011 7:24am Feb 28, 2011 7:24am
Quoting traderathome
It was a nice run/pump/manipulation back up.....and totally consistent with all I have been saying about how the PPMs are playing this one since the first of the year. As you can see, they have pumped it back to the last high ground. The story isn't over. And the ending is becoming even more clear with each such manipulation.

I am glad you made pips on your non-SonicR play. Now people will have another to criticize for such trades, not just me! And I am glad Sonic commented on your non-SonicR trade with encouraging words. That should put to...
Hi TAH:

I am not sure wheather "Pips 4 All" take this trade or not, but i did.
please see following chart, in the yellow box, if we consider that was fake breakout made by the brokers or bullish PPM, then we should ignore that low point. see blue lines, a classic Sonic R set up.

it's highly possible that the brokers used fake breakout to clean the long stops, otherwise, where the vol came from, it was Asian section. and the brokers is able to do so.

PPMs are not always bad thing, we can take advantage of them. after all, it's over 70 pips run, why don;t we trade it even it's against our bias. Sonic did it, he shorted the EU when holding 2 long trades.

regards
Attached Image (click to enlarge)
Click to Enlarge Name: eu m15 28feb 3.jpg Size: 200 KB
seeing through
  • #17,951
  • Feb 28, 2011 7:46am Feb 28, 2011 7:46am
good night every one, gotta have meeting tomorrow.
I hate Australia trading hour, London open at dinner time, and NY open at 1:30am.

good luck for the rest of the section
seeing through
  • #17,952
  • Feb 28, 2011 7:48am Feb 28, 2011 7:48am
Quoting pipphunter
Hi TAH:

I am not sure wheather "Pips 4 All" take this trade or not, but i did.
please see following chart, in the yellow box, if we consider that was fake breakout made by the brokers or bullish PPM, then we should ignore that low point. see blue lines, a classic Sonic R set up.

it's highly possible that the brokers used fake breakout to clean the long stops, otherwise, where the vol came from, it was Asian section. and the brokers is able to do so.

PPMs are not always bad thing, we can take advantage of them. after all, it's over 70 pips...
Yes, PPMs are always a GOOD thing. Without price swings caused by them, there would not be the volatility we like for trading. Earlier this morning PA could have gone either way. Since I am bearish on this pair I did not partake of this.
  • #17,953
  • Edited 8:36am Feb 28, 2011 7:59am | Edited 8:36am
Quoting sonicdeejay
Now you get caught with your avergae pric @ 1.3708 with many SHORT lots. (min 3 lots or may be more..)

you are simply/blindly adding risk Sir..

I am not saying I am right but look like it has been making money for past few weeks..

No more saying from me..
Sonic
Sonic, I truely appreciate your concern.

I do not believe I am ".....simply/blindly adding risk...." because you can see from the M15 chart that the highest trading levels are at the highs and on runs down from the highs. The lowest volumes are at the lows. There is no question in my mind that Big Money has a grander scale strategy to build short positions ahead of a dramatic drop. So I remain bearish on this pair. Yes, of course there can continue to be the upside moves, moves fostered by the PPMs to regain high ground for continued short building. And yes, I am passing on these runs and so I am not making profits they could yield.

And I add, out of appreciation for your genuine concern as well as your proven wisdom, that when this run of trades is finished, whether or not they all turn out as profitable, there is the increasing likelyhood that the final results will not be any better than pure SonicR trading over the same time. And the longer these few remaining trades take to turn profitable, the higher the likelyhood becomes that the results will have fallen below what could have been achieved via pure SonicR trading. This all relates to the time value of money. I am aware of this, and have been since the beginning.

So, for the value of all Sonikers, I repeat.....my current trade method is not recommended for the reasons stated time and again in past posts. At the conclusion of the few long running trades remaining, I will begin a new stretch of pure SonicR trading. And, eventually, I will compare the results. But I have growing reason to defer to Sonicdeejay's wisdom. Even if all trades end profitably, same time trading pure SonicR could likely turn out to have been more profitable, with less monies tied up for durations of time, and with lower requirements for margin leverage.

Regards,
-tah
Attached Image (click to enlarge)
Click to Enlarge Name: # 676.gif Size: 32 KB
  • #17,954
  • Feb 28, 2011 8:29am Feb 28, 2011 8:29am
Quoting traderathome
Sonic, I truely appreciate your concern.

I do not believe I am ".....simply/blindly adding risk...." because you can see from the M15 chart that the highest trading levels are at the highs and on runs down from the highs. The lowest volumes are at the lows. There is no question in my mind that Big Money has a grander scale strategy to build short positions ahead of a dramatic drop. So I remain bearish on this pair. Yes, of course there can continue to be the upside moves, moves fostered by the PPMs to regain high ground for continued short...
This could be ur winning card, if the analyst are right.

extracts from analyst

EUR/USD
With the PIGS (Portugal, Ireland, Greece, Spain) coming into the currency spotlight for all the wrong reasons, I expect the euro to remain depressed for much of 2011. Its ‘web of debt’ will always be in the way of organic growth. Additionally, it is no secret that a low euro would help the region to increase its exports.
call: EUR/USD at 1.31

trade safe
  • #17,955
  • Edited 9:30am Feb 28, 2011 8:42am | Edited 9:30am
Quoting zz_zhang
This could be ur winning card, if the analyst are right.

extracts from analyst

EUR/USD
With the PIGS (Portugal, Ireland, Greece, Spain) coming into the currency spotlight for all the wrong reasons, I expect the euro to remain depressed for much of 2011. Its ‘web of debt’ will always be in the way of organic growth. Additionally, it is no secret that a low euro would help the region to increase its exports.
call: EUR/USD at 1.31

Sounds like the "talking heads" for Big Money might now be ground breaking in advance of Big Money pulling the rug,......"setting the stage" for the next act. And were it all choreographed well in advance, since before the first of this year, I shouldn't be a bit surprised.

Note that the content/reasons consist of nothing new. But suddenly we are seeing negative PR based on it! It fits with the strategy of "the Thieves of Wall Street" when they are setting up for a wild ride of shorting and naked shorting the price of something into the basement.....AFTER they already closed all longs and built a sizeable short position when previously running up to highs!

As far as today goes, already we see that traders are more eager to short at the highs than buy at the lows (PV study). My remaining pending sell executed. My EP average is now 1.3717.
Attached Image (click to enlarge)
Click to Enlarge Name: # 677.gif Size: 37 KB
  • #17,956
  • Feb 28, 2011 9:41am Feb 28, 2011 9:41am
Market Comment:

There are no more signilficant releases now until tomorrow. Pairs like EJ, EU and GU were pumped prior to the USD releases. Highest trading, however, has been occurring since the highs were obtained, not before. This is a strong indication many traders are more eager to short at highs, then buy at lows, and so they take advantage of the pumps put on by the PPMs by waitng for the swing highs.

This adds pressure at the top. So now the question becomes, will the PPMs hold prices up while trying to take further advantage of the highs until the releases tomorrrow? Or, will prices cave beforehand?
  • #17,957
  • Edited 10:48am Feb 28, 2011 10:33am | Edited 10:48am
EU:

Has been running down off the highs on the highest levels of trading of the day! Now a SonicR short.
Attached Image (click to enlarge)
Click to Enlarge Name: # 679.gif Size: 34 KB
  • #17,958
  • Feb 28, 2011 10:41am Feb 28, 2011 10:41am
Quoting traderathome
EU:

Has been running down off the highs on the highest levels of trading of the day! Now a SonicR short.
are you looking for an entry below ema89 ?
  • #17,959
  • Edited 11:04am Feb 28, 2011 10:47am | Edited 11:04am
Quoting trader3000
are you looking for an entry below ema89 ?
According to the instructions, entry should be at least a few pips beyond the end of the candle first exiting the Dragon. But, it is adviseable that entry should not be more than about 20 pips away from the edge of the Dragon at most. Furthermore, it is best if PA is below the Trend for shorts at the time of entry.

All of this allows for PA to be even a bit below the Trend at entry. My own situation is that I am only adding at swing highs on an already running short trade. Having last added above 1.3850 earlier, I am set for the day, and just watching what happens.

After dropping thru the whole number, PA seems to be stalling just below it, maybe consolildating before the next move.
Attached Image (click to enlarge)
Click to Enlarge Name: # 680.gif Size: 34 KB
  • #17,960
  • Edited Mar 1, 2011 10:05am Feb 28, 2011 2:22pm | Edited Mar 1, 2011 10:05am
Quoting traderathome
According to the instructions, entry should be at least a few pips beyond the end of the candle first exiting the Dragon. But, it is adviseable that entry should not be more than about 20 pips away from the edge of the Dragon at most. Furthermore, it is best if PA is below the Trend for shorts at the time of entry.

All of this allows for PA to be even a bit below the Trend at entry. My own situation is that I am only adding at swing highs on an already running short trade. Having last added above 1.3850 earlier, I am set for the day, and just...
pump dawn red


TAH the time to pension
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 17 KB
77 traders viewing now